/jupiter_w_priority_fee

Primary LanguageJavaScriptMIT LicenseMIT

jupiter_w_priority_fee

Lazily forked from: Jupiter's API arbs example

Warning: use at your own risk, I'm not resposible for you losing money. Abide by all local/applicable laws.

Purpose

Example code demonstrating how to append priority fees to a jupiter transaction.

Priority Fees - Units

Priority fee comes in the strange unit of micro-lamports per compute unit (let's call it a "priority rate"). 1 uL = 10^-15 SOL. So, if you want the total SOL of a tx, then you can calculate that like this:

priority fee (SOL) = # compute units x priority rate (uL/CU) x 10^-15 SOL/uL

How to use?

  1. Install dependencies
pnpm install

  1. Just create a .env file with your PRIVATE_KEY. Select code block for whether it's base58 encoded or 32 byte json file.

  2. Set the parameters (see the script):

  • RPC connection
  • buy / sell qty
  • slippage tolerance (as a %)
  • priority fee
  1. run the file
node bonk_buy.mjs // OR node bonk_sell.mjs