Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.1026%/8h= +112.4% APRpaid last 24h +0.136%

Price spread now: Aftermath Perps against Binance+0.004%7-day average +0.088% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$680.682% of the position

Long on Binance Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.400%+$40 on $10k

Price spread, last 4 days (all we have)+0.464%+$46 · spread now +0.004%, 7d avg +0.088%

Together, before fees+0.864%+$86 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aftermath Perps is 0.084% cheaper against Binance than usual: you would sell low and buy high (spread +0.004% now, against its 7-day average of +0.088%). If the spread goes back, that is −$8 on $10k: about 7 hours of funding at the current rate (+$31 a day). At the pace of the last 3 days (+0.400% in total) that is about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PUMPUSDT	0.004553	0.0100	pay 0.0050% / 4h	2h 00m	$83.8M	$169.5M	75x
Short	Aftermath Perps PUMPUSD	0.004554	0.1126	get 0.0141% / 1h	0m 51s	$728	$111K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Binance. 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 BinancebpFee Aftermath PerpsbpOrdersPrice spread, now +0.004%Rate

Funding earned: $215.51
Price spread: +0.004% → +0.088%: −$8.4
Slippage, 4 orders: −$49.24
Fee Binance: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $138.87
Costs to cover: 0.682%
Break-even: 2.5 days

Slippage from Binance: live order book, 12 min ago; Aftermath Perps: live order book, 48 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 Binance live order book, 12 min ago	1.11 bp	9.5 bp −$9	24.4 bp −$244	65.6 bp −$6,563	288.8 bp −$144.4K
Sell Aftermath Perps live order book, 48 min ago	5.12 bp	21.2 bp −$21	doesn't fit	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	−0.0007%	1h	0.004563	+0.214%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004557	+0.080%	$18K	$254K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004560	+0.153%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004559	+0.124%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.171%	$30K	$644K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004553	−0.007%	$840K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004561	+0.168%	$543K	$884K	10x	as long as short
Binance PUMPUSDTlong	+0.0100%	4h	0.004553	long leg	$83.8M	$169.5M	75x
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004549	−0.095%	$24.9M	$99.2M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004553	−0.014%	$27K	$170K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004562	+0.190%	$66K	$95K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004555	+0.036%	$5.1M	$10.6M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004559	+0.124%	$24.6M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004550	−0.073%	$18.3M	$18.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004555	+0.036%	—	$14.1M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004555	+0.047%	$819K	$197K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004556	+0.055%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004558	+0.102%	$1.3M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004563	+0.212%	$154K	$748K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004562	+0.190%	$112K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004561	+0.168%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004560	+0.139%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004557	+0.080%	$2K	$758K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004558	+0.102%	$286	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004558	+0.102%	$22K	$94K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004560	+0.146%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004554	+0.017%	$3.9M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004560	+0.146%	$68K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0107%	8h	0.004560	+0.145%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0141%	1h	0.004561	+0.157%	$1.7M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004558	+0.102%	$55K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004555	+0.036%	$3.8M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004560	+0.140%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004564	+0.234%	$6K	$600	10x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004568	+0.324%	$48K	$119K	10x	as long as short
Hyperliquid PUMP	+0.0478%	1h	0.004557	+0.080%	$170.5M	$50.8M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004565	+0.256%	$725K	$5.8M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004576	+0.498%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0627%	1h	0.004563	+0.212%	$71K	$115K	25x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004562	+0.197%	$544K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0803%	1h	0.004560	+0.140%	$1.1M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSDshort	+0.1126%	1h	0.004554	+0.004%	$728	$111K	10x