PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0326%/8h= −35.7% APRnext payment −$0.41 per $10,000 · paid last 24h −0.166%

Price spread now: Backpack against Aftermath Perps+0.295%7-day average −0.120% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$660.664% of the position

Long on Aftermath Perps Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.512%−$51 on $10k

Price spread, last 3 days (all we have)−0.960%−$96 · spread now +0.295%, 7d avg −0.120%

Together, before fees−1.472%−$147 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Backpack is 0.415% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.295% now, against its 7-day average of −0.120%): +$42 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 4.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps PUMPUSD	0.004360	0.0426	pay 0.0053% / 1h	3m 18s	$181	$106K	10x
Short	Backpack PUMP_USDC_PERP	0.004373	0.0100	get 0.0013% / 1h	3m 18s	$779K	$183K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack 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 BackpackbpOrdersPrice spread, now +0.295%Rate

Funding earned: −$68.54
Price spread: +0.295% → −0.120%: $41.53
Slippage, 4 orders: −$47.42
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$93.44
Costs to cover: 0.664%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 16 min ago; Backpack: live order book, 16 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, 16 min ago	5.06 bp	22.3 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Backpack live order book, 16 min ago	1.50 bp	10.9 bp −$11	19.4 bp −$194	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
dYdX PUMP-USD	−0.3466%	1h	0.004367	+0.175%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0037%	4h	0.004374	+0.325%	$22.9M	$96.3M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0001%	4h	0.004374	+0.325%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004373	+0.302%	$20K	$202K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004374	+0.316%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004373	+0.302%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.372%	$29K	$764K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004376	+0.375%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004376	+0.383%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004381	+0.486%	$160.9M	$52.4M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004373	+0.307%	$791K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004374	+0.325%	$453K	$603K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004375	+0.339%	$77.9M	$163.7M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004357	−0.055%	$26K	$174K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004377	+0.394%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004374	+0.325%	$4.7M	$11.8M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004377	+0.394%	$23.2M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004373	+0.302%	$17.4M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004374	+0.325%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERPshort	+0.0100%	1h	0.004373	+0.295%	$779K	$183K	5x
edgeX PUMPUSDC	+0.0100%	4h	0.004360	0.000%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004362	+0.040%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004357	−0.065%	$137K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004379	+0.440%	$82K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004374	+0.331%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004376	+0.371%	$2K	$714K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004374	+0.325%	$721	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004372	+0.279%	$22K	$138K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004372	+0.279%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004374	+0.317%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004374	+0.325%	$72K	$18K	3x	as long as short
01 Exchange PUMPUSD	+0.0112%	1h	0.004377	+0.394%	$6K	$497	10x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004377	+0.383%	$488K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004365	+0.112%	$39K	$99K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0207%	1h	0.004376	+0.371%	$69K	$126K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004378	+0.417%	$679K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0314% / S −0.0229%	1h	0.004372	+0.279%	$68K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004357	−0.065%	$3.4M	$3.8M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004375	+0.346%	$2	—	3x	as long as short
Aftermath Perps PUMPUSDlong	+0.0426%	1h	0.004360	long leg	$181	$106K	10x
Injective PUMP/USDC PERP	+0.0652%	1h	0.004380	+0.463%	$39K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0799%	1h	0.004379	+0.450%	$1.3M	$3.5M	50x	as long as short