Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:48 UTC−0.0216%/8h= −23.6% APRpaid last 24h −0.049%

Price spread now: Perpl against Aevo+0.113%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 7 days−0.214%−$21 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPerpl: Active · farm boardneeds both histories

The price spread pays, funding is against you. Perpl is 0.113% dearer against Aevo than usual: you sell high and buy low (spread +0.113% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.214% in total) that is about 3.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PUMP-PERP	0.004421	0.0104	pay 0.0013% / 1h	4m 50s	$66K	$13K	3x
Short	Perpl PUMP	0.004426	−0.0112	pay 0.0010% / 43m	18m 50s	$19K	$237K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee PerplbpOrdersPrice spread, now +0.113%Rate

Funding earned: −$45.28
Price spread: +0.113% → 0.000%: $11.31
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$63.77
Costs to cover: 0.298%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Perpl: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Perpl no order-book sample	—	—	—	—	—

Aevo and Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX PUMP-USD	−0.4602%	1h	0.004425	+0.093%	$20K	$9K	5x	as long as short
Perpl PUMPshort	−0.0112%	43m	0.004426	+0.113%	$19K	$237K	20x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004422	+0.032%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004425	+0.090%	$2.8M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.475%	$29K	$781K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004428	+0.170%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004424	+0.074%	$701K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004426	+0.113%	$496K	$823K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004423	+0.054%	$80.5M	$173.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004422	+0.023%	$24.1M	$97.5M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004428	+0.165%	$31K	$192K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004429	+0.181%	$62K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004421	0.000%	$4.9M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004425	+0.090%	$23.6M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004421	0.000%	$17.4M	$20.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004423	+0.045%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004423	+0.045%	$791K	$206K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004432	+0.238%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004429	+0.180%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004433	+0.271%	$147K	$756K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004429	+0.181%	$103K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004422	+0.023%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004421	+0.010%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004425	+0.090%	$1K	$770K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004423	+0.045%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004420	−0.023%	$21K	$106K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004424	+0.068%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004428	+0.163%	$42K	$276	5x	as long as short
Aevo PUMP-PERPlong	+0.0104%	1h	0.004421	long leg	$66K	$13K	3x
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004421	0.000%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0280%	1h	0.004423	+0.051%	$3.9M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0280%	1h	0.004430	+0.204%	$6K	$625	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004422	+0.023%	$3.6M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004426	+0.108%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004430	+0.208%	$42K	$120K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0428%	1h	0.004425	+0.090%	$70K	$122K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004431	+0.226%	$702K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0473%	1h	0.004429	+0.181%	$166.0M	$54.9M	10x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004430	+0.193%	$526K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004428	+0.158%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0801%	1h	0.004424	+0.073%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0997%	1h	0.004429	+0.174%	$585	$112K	10x	as long as short