Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%

Price spread now: Aster against Backpack+0.014%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$380.384% of the position

Long on Backpack Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.014%, 7d avg +0.018%

Together, before fees+0.154%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack PUMP_USDC_PERP	0.004374	0.0100	pay 0.0013% / 1h	16m 38s	$779K	$182K	5x
Short	Aster PUMPUSDT	0.004375	0.0100	get 0.0050% / 4h	16m 38s	$730K	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Backpack. 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 BackpackbpFee AsterbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → +0.018%: −$0.4
Slippage, 4 orders: −$20.42
Fee Backpack: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$38.83
Costs to cover: 0.384%
Break-even: never at this rate

Slippage from Backpack: live order book, 62 min ago; Aster: live order book, 2 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 Backpack live order book, 62 min ago	1.50 bp	9.2 bp −$9	15.7 bp −$157	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	3.43 bp	9.4 bp −$9	23.4 bp −$234	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	−0.0058%	1h	0.004372	−0.048%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004369	−0.117%	$18K	$205K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004372	−0.048%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004370	−0.089%	$54K	—	150x	as long as short
OKX PUMP-USDT-SWAP	+0.0007%	4h	0.004372	−0.048%	$22.9M	$97.1M	50x	as long as short
Orderly PERP_PUMP_USDC	+0.0018%	4h	0.004369	−0.117%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004373	−0.025%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.694%	$30K	$772K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004373	−0.036%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004365	−0.197%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDTshort	+0.0100%	4h	0.004375	+0.014%	$730K	$2.3M	50x
Pacifica PUMP	+0.0100%	1h	0.004374	−0.002%	$457K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004372	−0.041%	$78.1M	$164.4M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004368	−0.149%	$26K	$165K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004372	−0.048%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004372	−0.048%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004377	+0.066%	$23.2M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004373	−0.025%	$17.4M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004372	−0.048%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERPlong	+0.0100%	1h	0.004374	long leg	$779K	$182K	5x
edgeX PUMPUSDC	+0.0100%	4h	0.004367	−0.154%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004369	−0.111%	$1.2M	$9.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004367	−0.162%	$138K	$764K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004373	−0.025%	$95K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004370	−0.087%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004371	−0.071%	$2K	$720K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004374	−0.002%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004370	−0.094%	$21K	$137K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004377	+0.066%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004371	−0.078%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004372	−0.048%	$72K	$18K	3x	as long as short
Hyperliquid PUMP	+0.0144%	1h	0.004379	+0.112%	$161.1M	$53.2M	10x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004374	−0.011%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004376	+0.043%	$39K	$207K	12x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004373	−0.025%	$486K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004374	−0.002%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004379	+0.112%	$680K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0322% / S −0.0244%	1h	0.004367	−0.162%	$69K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004372	−0.048%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004369	−0.120%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0443%	1h	0.004364	−0.226%	$181	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0863%	1h	0.004380	+0.126%	$1.3M	$3.5M	50x	as long as short