Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0227%/8h= −24.8% APRpaid last 24h −0.139%

Price spread now: HTX against Aftermath Perps−0.215%7-day average −0.095% · 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−$205as in the Price arb table

costs, in and out, $10k−$1931.927% of the position

Long on Aftermath Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.333%−$33 on $10k

Price spread, last 3 days (all we have)+0.015%+$1 · spread now −0.215%, 7d avg −0.095%

Together, before fees−0.318%−$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and HTX is 0.120% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.095%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps PUMPUSD	0.004310	0.0327	pay 0.0041% / 1h	49m 28s	$179	$106K	10x
Short	HTX PUMP-USDT	0.004301	0.0100	get 0.0050% / 4h	2h 49m	$21K	$146K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.215%Rate

Funding earned: −$47.61
Price spread: −0.215% → −0.095%: −$12
Slippage, 4 orders: −$171.66
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$252.27
Costs to cover: 1.927%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 39 min ago; HTX: live order book, 36 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, 39 min ago	5.22 bp	27.3 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 36 min ago	9.28 bp	77.3 bp −$77	doesn't fit	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	−0.3689%	1h	0.004305	−0.124%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0482%	1h	0.004305	−0.124%	$770K	$185K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0074%	4h	0.004304	−0.145%	$22.5M	$94.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0016%	4h	0.004304	−0.145%	$40K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004305	−0.122%	$19K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004308	−0.052%	$68K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004306	−0.101%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0078%	4h	0.004305	−0.122%	$4.6M	$11.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004307	−0.076%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.238%	$29K	$775K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004306	−0.093%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004305	−0.110%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004311	+0.017%	$157.7M	$52.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004307	−0.086%	$782K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004308	−0.052%	$448K	$611K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004306	−0.099%	$76.4M	$164.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004312	+0.036%	$20K	$177K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004306	−0.099%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004310	−0.006%	$22.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004304	−0.145%	$17.0M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004305	−0.122%	—	$12.8M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004310	−0.002%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004300	−0.249%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004301	−0.215%	$136K	$767K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004309	−0.029%	$107K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004306	−0.098%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004307	−0.076%	$1K	$709K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004303	−0.168%	$710	$6K	10x	as long as short
HTX PUMP-USDTshort	+0.0100%	4h	0.004301	−0.215%	$21K	$146K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004302	−0.192%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004305	−0.118%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004304	−0.145%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004308	−0.050%	$491K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004308	−0.050%	$39K	$99K	10x	as long as short
01 Exchange PUMPUSD	+0.0144%	1h	0.004309	−0.029%	$6K	$497	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004304	−0.145%	$655K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0221%	1h	0.004305	−0.122%	$67K	—	100x	as long as short
Aftermath Perps PUMPUSDlong	+0.0327%	1h	0.004310	long leg	$179	$106K	10x
BloFin PUMP-USDT	+0.0340%	4h	0.004299	−0.261%	$3.4M	$3.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004306	−0.108%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.319%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0689%	1h	0.004309	−0.030%	$1.3M	$3.5M	50x	as long as short