Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0107%/8h= +11.7% APRpaid last 24h −0.007%

Price spread now: Deribit against Aster−0.140%7-day average +0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on Aster Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.251%−$25 on $10k

Price spread, last 3 days (all we have)+0.178%+$18 · spread now −0.140%, 7d avg +0.036%

Together, before fees−0.073%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. Deribit is 0.176% cheaper against Aster than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of +0.036%). If the spread goes back, that is −$18 on $10k: about 5.5 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.251%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PUMPUSDT	0.004381	0.0100	pay 0.0050% / 4h	1h 01m	$780K	$2.0M	50x
Short	Deribit PUMP_USDC-PERPETUAL	0.004375	0.0207	get 0.0026% / 1h	1m 40s	$69K	$126K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.140%Rate

Funding earned: $22.47
Price spread: −0.140% → +0.036%: −$17.64
Slippage, 4 orders: −$29.7
Fee Aster: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$39.87
Costs to cover: 0.447%
Break-even: 19.4 days

Slippage from Aster: live order book, 2 min ago; Deribit: live order book, 17 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	4.57 bp	9.0 bp −$9	19.4 bp −$194	doesn't fit	doesn't fit
Sell Deribit live order book, 17 min ago	8.06 bp	13.8 bp −$14	22.4 bp −$224	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	−0.3347%	1h	0.004385	+0.094%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0033%	4h	0.004381	−0.003%	$22.9M	$96.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0001%	4h	0.004373	−0.186%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004373	−0.186%	$20K	$202K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004374	−0.172%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004382	+0.019%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.852%	$29K	$764K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004386	+0.112%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004377	−0.106%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004388	+0.156%	$161.2M	$52.5M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDTlong	+0.0100%	4h	0.004381	long leg	$780K	$2.0M	50x
Pacifica PUMP	+0.0100%	1h	0.004384	+0.065%	$454K	$603K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004384	+0.065%	$78.1M	$163.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004357	−0.542%	$26K	$174K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004378	−0.072%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004379	−0.049%	$4.7M	$11.8M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004384	+0.065%	$23.2M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004382	+0.019%	$17.4M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004381	−0.003%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004374	−0.154%	$779K	$183K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004360	−0.487%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004362	−0.447%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004357	−0.551%	$137K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004378	−0.072%	$83K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004373	−0.193%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004375	−0.140%	$2K	$715K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004372	−0.209%	$721	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004368	−0.300%	$22K	$138K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004376	−0.118%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004380	−0.034%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004372	−0.209%	$72K	$18K	3x	as long as short
01 Exchange PUMPUSD	+0.0120%	1h	0.004380	−0.026%	$6K	$497	10x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004378	−0.072%	$488K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004365	−0.375%	$39K	$99K	10x	as long as short
Deribit PUMP_USDC-PERPETUALshort	+0.0207%	1h	0.004375	−0.140%	$69K	$126K	25x
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004378	−0.072%	$679K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0314% / S −0.0229%	1h	0.004373	−0.186%	$68K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004372	−0.209%	$3.5M	$3.8M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004374	−0.165%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0418%	1h	0.004363	−0.413%	$181	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004380	−0.026%	$39K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0799%	1h	0.004377	−0.095%	$1.3M	$3.5M	50x	as long as short