Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0770%/8h= −84.3% APRpaid last 24h −0.130%

Price spread now: KuCoin against Aftermath Perps−0.029%7-day average −0.035% · 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−$111as in the Price arb table

costs, in and out, $10k−$1121.118% of the position

Long on Aftermath Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.367%−$37 on $10k

Price spread, last 4 days (all we have)−1.215%−$121 · spread now −0.029%, 7d avg −0.035%

Together, before fees−1.582%−$158 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: −$23 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	0.004472	0.0870	pay 0.0109% / 1h	15m 14s	$591	$117K	10x
Short	KuCoin PUMPUSDTM	0.004471	0.0100	get 0.0050% / 4h	1h 15m	$23.8M	$13.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$161.66
Price spread: −0.029% → −0.035%: $0.57
Slippage, 4 orders: −$90.81
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$272.9
Costs to cover: 1.118%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 49 min ago; KuCoin: live order book, 4 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, 49 min ago	5.11 bp	33.4 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	2.23 bp	22.2 bp −$22	58.6 bp −$586	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
Perpl PUMP	−0.0112%	43m	0.004465	−0.164%	$18K	$230K	20x	as long as short
dYdX PUMP-USD	−0.0009%	1h	0.004466	−0.139%	$20K	$9K	5x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004466	−0.133%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004469	−0.074%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.617%	$31K	$792K	20x	as long as short
Orderly PERP_PUMP_USDC	+0.0099%	4h	0.004468	−0.097%	$42K	$10K	10x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004469	−0.063%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004468	−0.101%	$703K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004466	−0.141%	$489K	$783K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004468	−0.099%	$81.3M	$170.6M	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	0.004468	−0.097%	$24.3M	$98.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004464	−0.188%	$37K	$191K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004470	−0.052%	$61K	$86K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004466	−0.141%	$4.9M	$11.3M	75x	as long as short
KuCoin PUMPUSDTMshort	+0.0100%	4h	0.004471	−0.029%	$23.8M	$13.9M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004465	−0.164%	$17.7M	$20.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004466	−0.141%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004467	−0.126%	$792K	$189K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004478	+0.130%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004474	+0.033%	$1.2M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004479	+0.149%	$149K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004472	−0.007%	$108K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004467	−0.117%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004468	−0.097%	$2K	$755K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004468	−0.097%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004457	−0.342%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004468	−0.097%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004469	−0.081%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004468	−0.097%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004467	−0.119%	$60K	—	100x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0198%	1h	0.004469	−0.074%	$71K	$124K	25x	as long as short
Extended PUMP-USD	+0.0264%	1h	0.004466	−0.134%	$3.9M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004471	−0.029%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004476	+0.080%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004467	−0.119%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004467	−0.125%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004468	−0.097%	$712K	$6.0M	50x	as long as short
Hyperliquid PUMP	+0.0495%	1h	0.004474	+0.038%	$167.4M	$55.9M	10x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004470	−0.041%	$531K	$994K	10x	as long as short
Aftermath Perps PUMPUSDlong	+0.0870%	1h	0.004472	long leg	$591	$117K	10x
Injective PUMP/USDC PERP	+0.0880%	1h	0.004455	−0.387%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1338%	1h	0.004470	−0.050%	$1.1M	$3.3M	50x	as long as short