Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0025%/8h= +2.7% APRpaid last 24h +0.108%

Price spread now: RISEx against Aster−0.060%7-day average +0.040% · 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−$45as in the Price arb table

costs, in and out, $10k−$350.351% of the position

Long on Aster Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.215%+$22 on $10k

Price spread, last 7 days+0.113%+$11 · spread now −0.060%, 7d avg +0.040%

Together, before fees+0.328%+ Points / potential airdropAster: Stage 5 · farm board+$33 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.100% cheaper against Aster than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of +0.040%). If the spread goes back, that is −$10 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.215% in total) that is about 37 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PUMPUSDT	0.004324	0.0100	pay 0.0050% / 4h	2h 55m	$785K	$2.1M	50x
Short	RISEx PUMP/USDC	0.004322	0.0125	get 0.0016% / 1h	55m 09s	$492K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.060%Rate

Funding earned: $5.16
Price spread: −0.060% → +0.040%: −$10.01
Slippage, 4 orders: −$21.05
Fee Aster: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$39.9
Costs to cover: 0.351%
Break-even: 61.1 days

Slippage from Aster: live order book, 3 min ago; RISEx: 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, 3 min ago	4.64 bp	10.8 bp −$11	22.9 bp −$229	doesn't fit	doesn't fit
Sell RISEx live order book, 3 min ago	3.47 bp	6.5 bp −$6	12.7 bp −$127	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	−0.5377%	1h	0.004320	−0.100%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0133%	1h	0.004326	+0.028%	$772K	$184K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0047%	4h	0.004324	−0.007%	$22.6M	$95.0M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0013%	4h	0.004326	+0.040%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004321	−0.076%	$20K	$201K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004326	+0.028%	$55K	—	150x	as long as short
01 Exchange PUMPUSD	+0.0048%	1h	0.004317	−0.169%	$6K	$497	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004326	+0.040%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.562%	$29K	$776K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004316	−0.198%	$41K	—	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	0.004320	−0.088%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDTlong	+0.0100%	4h	0.004324	long leg	$785K	$2.1M	50x
Pacifica PUMP	+0.0100%	1h	0.004316	−0.192%	$449K	$614K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004326	+0.040%	$76.8M	$164.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004312	−0.280%	$20K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004320	−0.099%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004322	−0.053%	$4.6M	$11.6M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004327	+0.063%	$22.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004319	−0.122%	$17.1M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004320	−0.099%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004316	−0.192%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004317	−0.160%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004318	−0.145%	$136K	$767K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004326	+0.040%	$110K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004328	+0.080%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004325	+0.016%	$1K	$709K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004326	+0.040%	$713	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004316	−0.192%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004326	+0.040%	$2.0M	$4.1M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004325	+0.017%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004326	+0.040%	$71K	$18K	3x	as long as short
RISEx PUMP/USDCshort	+0.0125%	1h	0.004322	−0.060%	$492K	$1.0M	10x
Hyperliquid PUMP	+0.0138%	1h	0.004329	+0.109%	$158.5M	$52.3M	10x	as long as short
Phoenix PUMP	+0.0167%	1h	0.004322	−0.041%	$39K	$99K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0212%	1h	0.004331	+0.155%	$70K	$125K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004323	−0.030%	$658K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0305% / S −0.0221%	1h	0.004325	+0.016%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004321	−0.076%	$3.4M	$3.7M	75x	as long as short
Aftermath Perps PUMPUSD	+0.0341%	1h	0.004319	−0.112%	$200	$105K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004324	−0.017%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004327	+0.063%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0686%	1h	0.004331	+0.146%	$1.3M	$3.5M	50x	as long as short