Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0129%/8h= +14.1% APRpaid last 24h +0.060%

Price spread now: Aftermath Perps against BloFin+0.135%49s7-day average +0.038% · 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—prices read too far apart to compare

costs, in and out, $10k−$680.681% of the position

Long on BloFin Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.118%+$12 on $10k

Price spread, last 3 days (all we have)−0.095%−$9 · spread now +0.135%, 7d avg +0.038%

Together, before fees+0.024%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aftermath Perps is 0.097% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.038%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PUMP-USDT	0.004372	0.0340	pay 0.0170% / 4h	34m 01s	$3.5M	$4.0M	75x
Short	Aftermath Perps PUMPUSD	0.004378	0.0469	get 0.0059% / 1h	34m 01s	$200	$105K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against BloFin. 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 BloFinbpFee Aftermath PerpsbpOrdersPrice spread, now +0.135%Rate

Funding earned: $27
Price spread: +0.135% → +0.038%: $9.72
Slippage, 4 orders: −$47.15
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$31.43
Costs to cover: 0.681%
Break-even: 15.1 days

Slippage from BloFin: live order book, 4 min ago; Aftermath Perps: live order book, 45 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 BloFin live order book, 4 min ago	4.57 bp	10.9 bp −$11	13.2 bp −$132	40.5 bp −$4,046	doesn't fit
Sell Aftermath Perps live order book, 45 min ago	5.06 bp	24.0 bp −$24	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	−0.0005%	1h	0.004361	−0.252%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0003%	4h	0.004360	−0.274%	$22.8M	$96.5M	50x	as long as short
Perpl PUMP	0.0000%	43m	0.004359	−0.297%	$18K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004363	−0.206%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004361	−0.243%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0012%	4h	0.004361	−0.252%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004362	−0.229%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.647%	$26K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004360	−0.269%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004358	−0.309%	$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 PUMPUSDT	+0.0100%	4h	0.004361	−0.252%	$729K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004360	−0.274%	$456K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004361	−0.252%	$77.7M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004373	+0.021%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004360	−0.274%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004360	−0.274%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004364	−0.183%	$23.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004361	−0.252%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004362	−0.229%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004363	−0.215%	$777K	$181K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004375	+0.079%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004376	+0.096%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004378	+0.137%	$138K	$764K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004361	−0.252%	$97K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004362	−0.222%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004362	−0.229%	$2K	$717K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004361	−0.252%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004356	−0.366%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004358	−0.320%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004360	−0.280%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004360	−0.274%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004380	+0.178%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004381	+0.206%	$39K	$207K	12x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004361	−0.252%	$484K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0232%	1h	0.004362	−0.229%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004365	−0.160%	$688K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0320% / S −0.0242%	1h	0.004360	−0.274%	$68K	—	100x	as long as short
BloFin PUMP-USDTlong	+0.0340%	4h	0.004372	long leg	$3.5M	$4.0M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004358	−0.320%	$2	—	3x	as long as short
Hyperliquid PUMP	+0.0351%	1h	0.004366	−0.137%	$160.7M	$53.0M	10x	as long as short
Aftermath Perps PUMPUSDshort	+0.0469%	1h	0.004378	+0.135%	$200	$105K	10x
Kraken Futures PF_PUMPUSD	+0.0865%	1h	0.004367	−0.119%	$1.3M	$3.5M	50x	as long as short