Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0245%/8h= −26.9% APRnext payment $0.31 per $10,000 · paid last 24h −0.138%
Price spread now: Lighter against Aftermath Perps−0.257%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$540.545% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.296%−$30 on $10k
Price spread, last 3 days (all we have)−0.527%−$53 · spread now −0.257%, 7d avg −0.027%
Together, before fees−0.824%+ Points / potential airdropLighter: Season 3 · farm board−$82 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 Lighter is 0.230% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.027%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps PUMPUSD0.0043320.0341pay 0.0043% / 1h13m 05s$180$106K10x
ShortLighter PUMP0.0043210.0096get 0.0012% / 1h13m 05s$2.9M$5.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
−$51.54
Price spread: −0.257% → −0.027%
−$22.96
Slippage, 4 orders
−$45.49
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$129
Costs to cover
0.545%
Break-even
never at this rate
Slippage from Aftermath Perps: live order book, 11 min ago; Lighter: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps live order book, 11 min ago5.08 bp21.8 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago1.15 bp6.9 bp −$725.7 bp −$257doesn't fitdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.5137%1h0.004327−0.125%$20K$8K5xas long as short
Backpack PUMP_USDC_PERP−0.0230%1h0.004321−0.248%$770K$183K5xas long as short
Perpl PUMP−0.0112%43m0.004321−0.257%$20K$206K20xas long as short
OKX PUMP-USDT-SWAP−0.0069%4h0.004321−0.257%$22.6M$95.6M50xas long as short
Orderly PERP_PUMP_USDC−0.0027%4h0.004322−0.234%$41K$10K10xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004324−0.187%$69K$126K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004325−0.158%$55K150xas long as short
Gate PUMP_USDT+0.0052%4h0.004322−0.234%$4.6M$11.7M75xas long as short
01 Exchange PUMPUSD+0.0088%1h0.004324−0.187%$6K$49710xas long as short
Lighter PUMPshort+0.0096%1h0.004321−0.257%$2.9M$5.5M10x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex PUMPUSDT+0.0096%1h0.004300−0.741%$29K$767K20xas long as short
Paradex PUMP-USD-PERP+0.0100%8h0.004323−0.214%$42K5xas long as short
Nado PUMP-PERP+0.0100%1h0.004323−0.199%$1.6M$2.0M10xas long as short
Hyperliquid PUMP+0.0100%1h0.004326−0.141%$158.5M$52.5M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004325−0.171%$780K$2.0M50xas long as short
Pacifica PUMP+0.0100%1h0.004326−0.141%$448K$611K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004320−0.277%$76.7M$163.9M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004331−0.017%$25K$179K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004324−0.187%$42K$53K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004325−0.164%$22.8M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004324−0.187%$17.1M$19.1M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004322−0.234%$12.7Mas long as short
edgeX PUMPUSDC+0.0100%4h0.004326−0.142%$63K$3.0M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004333+0.011%$1.2M$9.7M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004329−0.072%$137K$772K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004327−0.118%$91K$1.9M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004324−0.193%$4K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004324−0.187%$2K$709K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004321−0.257%$713$6K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004320−0.280%$21K$147K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004323−0.211%$2.0M$4.0M20xas long as short
Extended PUMP-USD+0.0104%1h0.004321−0.254%$3.6M$3.7M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004321−0.257%$71K$18K3xas long as short
RISEx PUMP/USDC+0.0125%1h0.004326−0.153%$491K$1.0M10xas long as short
Phoenix PUMP+0.0129%1h0.004335+0.073%$39K$99K10xas long as short
Coinbase International PUMP-PERP-INTX+0.0240%1h0.004334+0.043%$658K$5.4M50xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0307% / S −0.0225%1h0.004323−0.211%$67K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004322−0.234%$3.4M$3.7M75xas long as short
Aftermath Perps PUMPUSDlong+0.0341%1h0.004332long leg$180$106K10x
Reya PUMPRUSDPERP+0.0344%1h0.004322−0.226%$23xas long as short
Injective PUMP/USDC PERP+0.0521%1h0.004324−0.187%$38K$207K12xas long as short
Kraken Futures PF_PUMPUSD+0.0686%1h0.004327−0.127%$1.3M$3.5M50xas long as short