PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0885%/8h= −96.9% APRnext payment −$1.11 per $10,000 · paid last 24h −0.154%

Price spread now: Deribit against Aftermath Perps−0.302%52s7-day average −0.041% · 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—prices read too far apart to compare

costs, in and out, $10k−$720.723% of the position

Long on Aftermath Perps Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.461%−$46 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.302%, 7d avg −0.041%

Together, before fees−0.518%−$52 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Deribit is 0.261% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.041%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps PUMPUSD	0.004399	0.0885	pay 0.0111% / 1h	54m 19s	$581	$115K	10x
Short	Deribit PUMP_USDC-PERPETUAL	0.004386	0	get 0.0000% / 1h	54m 19s	$70K	$124K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.302%Rate

Funding earned: −$185.83
Price spread: −0.302% → −0.041%: −$26.09
Slippage, 4 orders: −$56.27
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$284.19
Costs to cover: 0.723%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 5 min ago; Deribit: live order book, 65 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, 5 min ago	5.11 bp	20.0 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Deribit live order book, 65 min ago	6.70 bp	16.8 bp −$17	25.6 bp −$256	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
Backpack PUMP_USDC_PERP	−0.0596%	1h	0.004380	−0.436%	$776K	$197K	5x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004375	−0.549%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004377	−0.506%	$18K	$234K	20x	as long as short
Deribit PUMP_USDC-PERPETUALshort	0.0000%	1h	0.004386	−0.302%	$70K	$124K	25x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004383	−0.371%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004376	−0.529%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−2.256%	$28K	$820K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004377	−0.496%	$689K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004378	−0.483%	$486K	$817K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004384	−0.339%	$79.6M	$172.6M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004383	−0.370%	$23.9M	$97.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004378	−0.488%	$36K	$186K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004381	−0.415%	$64K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004381	−0.415%	$4.8M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004385	−0.324%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004382	−0.393%	$17.5M	$20.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004381	−0.415%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004389	−0.226%	$64K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004401	+0.032%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004390	−0.211%	$146K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004385	−0.324%	$97K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004380	−0.438%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004381	−0.418%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004390	−0.211%	$2K	$761K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004388	−0.256%	$275	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004394	−0.120%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004385	−0.324%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004380	−0.432%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004380	−0.438%	$70K	$11K	3x	as long as short
Nado PUMP-PERP	+0.0150%	1h	0.004381	−0.404%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004382	−0.393%	$59K	—	100x	as long as short
Extended PUMP-USD	+0.0208%	1h	0.004379	−0.450%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0256%	1h	0.004382	−0.393%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004402	+0.053%	$43K	$120K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004394	−0.120%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004384	−0.351%	$2	—	3x	as long as short
Hyperliquid PUMP	+0.0386%	1h	0.004387	−0.279%	$163.9M	$56.0M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004391	−0.188%	$693K	$5.8M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004382	−0.383%	$521K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004404	+0.108%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0807%	1h	0.004390	−0.217%	$1.1M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSDlong	+0.0885%	1h	0.004399	long leg	$581	$115K	10x