Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0318%/8h= −34.9% APRpaid last 24h −0.135%

Price spread now: BingX against Aftermath Perps+0.411%7-day average −0.107% · 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−$12as in the Price arb table

costs, in and out, $10k−$630.634% of the position

Long on Aftermath Perps Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.341%−$34 on $10k

Price spread, last 3 days (all we have)−1.050%−$105 · spread now +0.411%, 7d avg −0.107%

Together, before fees−1.391%−$139 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.519% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.411% now, against its 7-day average of −0.107%): +$52 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps PUMPUSD	0.004363	0.0418	pay 0.0052% / 1h	1m 41s	$181	$106K	10x
Short	BingX PUMP-USDT	0.004381	0.0100	get 0.0050% / 4h	1h 01m	—	$12.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.411%Rate

Funding earned: −$66.85
Price spread: +0.411% → −0.107%: $51.88
Slippage, 4 orders: −$44.42
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: −$78.39
Costs to cover: 0.634%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 17 min ago; BingX: live order book, 2 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	5.06 bp	22.3 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	1.14 bp	7.4 bp −$7	12.7 bp −$127	32.5 bp −$3,247	114.5 bp −$57.3K

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	−0.3347%	1h	0.004385	+0.509%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0033%	4h	0.004381	+0.411%	$22.9M	$96.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0001%	4h	0.004373	+0.228%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004373	+0.228%	$20K	$202K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004374	+0.242%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004382	+0.434%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.445%	$29K	$764K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004386	+0.527%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004377	+0.308%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004388	+0.572%	$161.2M	$52.5M	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	0.004381	+0.415%	$780K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004384	+0.480%	$454K	$603K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004384	+0.480%	$78.1M	$163.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004357	−0.130%	$26K	$174K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004378	+0.343%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004379	+0.366%	$4.7M	$11.8M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004384	+0.480%	$23.2M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004382	+0.434%	$17.4M	$19.1M	75x	as long as short
BingX PUMP-USDTshort	+0.0100%	4h	0.004381	+0.411%	—	$12.7M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004374	+0.260%	$779K	$183K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004360	−0.074%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004362	−0.034%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004357	−0.139%	$137K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004378	+0.343%	$83K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004373	+0.221%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004375	+0.274%	$2K	$715K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004372	+0.205%	$721	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004368	+0.113%	$22K	$138K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004376	+0.297%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004380	+0.380%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004372	+0.205%	$72K	$18K	3x	as long as short
01 Exchange PUMPUSD	+0.0120%	1h	0.004380	+0.388%	$6K	$497	10x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004378	+0.343%	$488K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004365	+0.038%	$39K	$99K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0207%	1h	0.004375	+0.274%	$69K	$126K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004378	+0.343%	$679K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0314% / S −0.0229%	1h	0.004373	+0.228%	$68K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004372	+0.205%	$3.5M	$3.8M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004374	+0.249%	$2	—	3x	as long as short
Aftermath Perps PUMPUSDlong	+0.0418%	1h	0.004363	long leg	$181	$106K	10x
Injective PUMP/USDC PERP	+0.0652%	1h	0.004380	+0.388%	$39K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0799%	1h	0.004377	+0.319%	$1.3M	$3.5M	50x	as long as short