Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0607%/8h= −66.5% APRpaid last 24h −0.150%

Price spread now: Aster against Aftermath Perps−0.154%7-day average −0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1181.180% of the position

Long on Aftermath Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.375%−$38 on $10k

Price spread, last 3 days (all we have)−0.335%−$34 · spread now −0.154%, 7d avg −0.094%

Together, before fees−0.710%+ Points / potential airdropAster: Stage 5 · farm board−$71 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Aster is 0.060% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.094%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps PUMPUSD	0.004412	0.0707	pay 0.0088% / 1h	51m 56s	$386	$110K	10x
Short	Aster PUMPUSDT	0.004405	0.0100	get 0.0050% / 4h	2h 51m	$700K	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aftermath Perps. 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 Aftermath PerpsbpFee AsterbpOrdersPrice spread, now −0.154%Rate

Funding earned: −$127.49
Price spread: −0.154% → −0.094%: −$6
Slippage, 4 orders: −$101.05
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$251.53
Costs to cover: 1.180%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 17 min ago; Aster: live order book, 1 min ago.

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 Aftermath Perps live order book, 17 min ago	5.14 bp	49.7 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	5.67 bp	9.7 bp −$10	18.3 bp −$183	doesn't fit	doesn't fit

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
ApeX Omni PUMPUSDT	−0.0223%	1h	0.004404	−0.187%	$139K	$759K	50x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004406	−0.135%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004411	−0.028%	$20K	$200K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004404	−0.187%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004403	−0.210%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0059%	4h	0.004403	−0.209%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004406	−0.141%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.277%	$27K	$770K	20x	as long as short
Aster PUMPUSDTshort	+0.0100%	4h	0.004405	−0.154%	$700K	$2.3M	50x
Pacifica PUMP	+0.0100%	1h	0.004412	−0.005%	$476K	$654K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004405	−0.164%	$79.1M	$164.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004405	−0.164%	$23.5M	$96.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004393	−0.445%	$26K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004409	−0.073%	$40K	$60K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004404	−0.187%	$4.8M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004408	−0.096%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004404	−0.187%	$17.6M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004406	−0.141%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004406	−0.144%	$784K	$179K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004405	−0.159%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004394	−0.425%	$1.2M	$10.4M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004414	+0.040%	$102K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004403	−0.211%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004403	−0.209%	$2K	$732K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004404	−0.187%	$276	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004406	−0.141%	$21K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004407	−0.119%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004412	+0.004%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004404	−0.178%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004399	−0.300%	$70K	$9K	3x	as long as short
Nado PUMP-PERP	+0.0118%	1h	0.004410	−0.039%	$1.6M	$2.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0200%	1h	0.004412	−0.005%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004402	−0.241%	$39K	$103K	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004413	+0.021%	$481K	$995K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004409	−0.073%	$3.6M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004406	−0.146%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0358% / S −0.0298%	1h	0.004401	−0.255%	$73K	—	100x	as long as short
Hyperliquid PUMP	+0.0391%	1h	0.004412	−0.005%	$162.5M	$53.9M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004407	−0.119%	$702K	$5.6M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004408	−0.096%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSDlong	+0.0707%	1h	0.004412	long leg	$386	$110K	10x
Kraken Futures PF_PUMPUSD	+0.1262%	1h	0.004409	−0.071%	$1.3M	$3.1M	50x	as long as short