Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.029%

Price spread now: Coinbase International against Aster+0.069%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$510.511% of the position

Long on Aster Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.085%−$9 · spread now +0.069%, 7d avg +0.035%

Together, before fees−0.085%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.035% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PUMPUSDT	0.004321	0.0100	pay 0.0050% / 4h	1h 41m	$779K	$2.0M	50x
Short	Coinbase International PUMP-PERP-INTX	0.004324	0.0280	get 0.0035% / 1h	41m 02s	$655K	$5.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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 AsterbpFee Coinbase InternationalbpOrdersPrice spread, now +0.069%Rate

Funding earned: $37.8
Price spread: +0.069% → +0.035%: $3.49
Slippage, 4 orders: −$33.05
Fee Aster: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$9.76
Costs to cover: 0.511%
Break-even: 8.8 days

Slippage from Aster: live order book, 2 min ago; Coinbase International: live order book, 3 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 Aster live order book, 2 min ago	4.63 bp	10.4 bp −$10	20.3 bp −$203	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	4.62 bp	11.8 bp −$12	17.2 bp −$172	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	−0.4986%	1h	0.004325	+0.083%	$20K	$8K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0038%	4h	0.004319	−0.046%	$22.6M	$95.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0015%	4h	0.004319	−0.046%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004320	−0.023%	$20K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004321	0.000%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004320	−0.018%	$55K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0047%	1h	0.004320	−0.028%	$770K	$181K	5x	as long as short
Lighter PUMP	+0.0096%	1h	0.004319	−0.046%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.486%	$29K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004321	−0.005%	$42K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PUMP-PERP	+0.0100%	1h	0.004318	−0.058%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004325	+0.093%	$158.4M	$52.6M	10x	as long as short
Aster PUMPUSDTlong	+0.0100%	4h	0.004321	long leg	$779K	$2.0M	50x
Pacifica PUMP	+0.0100%	1h	0.004323	+0.046%	$448K	$607K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004319	−0.046%	$76.8M	$163.5M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004324	+0.060%	$25K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004322	+0.023%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004319	−0.046%	$4.6M	$11.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004322	+0.023%	$22.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004319	−0.046%	$17.1M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004321	0.000%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004319	−0.041%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004316	−0.115%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004320	−0.023%	$136K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004323	+0.046%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004320	−0.019%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004321	0.000%	$2K	$712K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004319	−0.046%	$712	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004320	−0.023%	$21K	$138K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004318	−0.069%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004318	−0.078%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004318	−0.069%	$71K	$18K	3x	as long as short
01 Exchange PUMPUSD	+0.0120%	1h	0.004322	+0.023%	$6K	$497	10x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004322	+0.035%	$488K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004317	−0.097%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTXshort	+0.0280%	1h	0.004324	+0.069%	$655K	$5.4M	50x
GMX PUMP/USD [WBTC.b-USDC]	L +0.0310% / S −0.0228%	1h	0.004320	−0.023%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004319	−0.046%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004318	−0.067%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0372%	1h	0.004320	−0.035%	$200	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004322	+0.023%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0809%	1h	0.004325	+0.088%	$1.3M	$3.5M	50x	as long as short