PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0342%/8h= −37.4% APRnext payment −$0.43 per $10,000 · paid last 24h −0.113%

Price spread now: Hyperliquid against Aftermath Perps+0.003%7-day average −0.004% · 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−$116as in the Price arb table

costs, in and out, $10k−$1161.165% of the position

Long on Aftermath Perps Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.337%−$34 on $10k

Price spread, last 3 days (all we have)−0.489%−$49 · spread now +0.003%, 7d avg −0.004%

Together, before fees−0.827%+ Points / potential airdropHyperliquid: Season 2 · farm board−$83 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps PUMPUSD	0.004413	0.0719	pay 0.0090% / 1h	52m 59s	$386	$110K	10x
Short	Hyperliquid PUMP	0.004413	0.0378	get 0.0047% / 1h	52m 59s	$162.4M	$53.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$71.73
Price spread: +0.003% → −0.004%: $0.7
Slippage, 4 orders: −$98.45
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$187.47
Costs to cover: 1.165%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 16 min ago; Hyperliquid: live order book, 11 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	5.14 bp	49.7 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 11 min ago	1.12 bp	8.2 bp −$8	19.0 bp −$190	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	−0.201%	$139K	$759K	50x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004398	−0.335%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004404	−0.201%	$20K	$200K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004405	−0.181%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0059%	4h	0.004406	−0.156%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004407	−0.133%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.292%	$27K	$771K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004405	−0.179%	$706K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004399	−0.315%	$475K	$654K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004411	−0.048%	$79.2M	$164.6M	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	0.004412	−0.020%	$23.5M	$96.5M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004393	−0.460%	$26K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004402	−0.247%	$39K	$60K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004405	−0.179%	$4.8M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004408	−0.111%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004409	−0.088%	$17.6M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004406	−0.156%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004408	−0.104%	$785K	$179K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004405	−0.173%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004394	−0.439%	$1.2M	$10.4M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004408	−0.111%	$102K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004405	−0.172%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004404	−0.201%	$2K	$731K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004406	−0.156%	$276	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004394	−0.428%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004408	−0.111%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004399	−0.317%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004405	−0.169%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004403	−0.224%	$70K	$9K	3x	as long as short
Nado PUMP-PERP	+0.0161%	1h	0.004405	−0.167%	$1.6M	$2.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0200%	1h	0.004407	−0.133%	$6K	$727	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0204%	1h	0.004408	−0.111%	$70K	$124K	25x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004402	−0.256%	$39K	$103K	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004405	−0.179%	$481K	$995K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004409	−0.088%	$3.6M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004407	−0.137%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0357% / S −0.0298%	1h	0.004404	−0.201%	$73K	—	100x	as long as short
Hyperliquid PUMPshort	+0.0378%	1h	0.004413	+0.003%	$162.4M	$53.8M	10x
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004410	−0.065%	$688K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004408	−0.111%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSDlong	+0.0719%	1h	0.004413	long leg	$386	$110K	10x
Kraken Futures PF_PUMPUSD	+0.1262%	1h	0.004411	−0.049%	$1.3M	$3.1M	50x	as long as short