Funding arb · Price arb /

PUMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0110%/8h= +12.0% APRpaid last 24h +0.302%

Price spread now: Aster against dYdX+0.060%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.060% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PUMP-USD	0.004483	−0.0010	get 0.0001% / 1h	19m 20s	$21K	$9K	5x
Short	Aster PUMPUSDT	0.004486	0.0100	get 0.0050% / 4h	1h 19m	$706K	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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 dYdXbpFee AsterbpOrdersPrice spread, now +0.060%Rate

Funding earned: $23.01
Price spread: +0.060% → 0.000%: $6.02
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $11.02
Costs to cover: 0.180%
Break-even: 3.6 days

Slippage unknown: dYdX: no order-book sample; Aster: live order book, 4 min ago. Net counts fees only.

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 dYdX no order-book sample	—	—	—	—	—
Sell Aster live order book, 4 min ago	3.36 bp	9.6 bp −$10	20.1 bp −$201	doesn't fit	doesn't fit

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Perpl PUMP	−0.0112%	43m	0.004485	+0.042%	$18K	$230K	20x	as long as short
dYdX PUMP-USDlong	−0.0010%	1h	0.004483	long leg	$21K	$9K	5x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004484	+0.017%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004483	−0.002%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.854%	$31K	$794K	20x	as long as short
Orderly PERP_PUMP_USDC	+0.0099%	4h	0.004484	+0.020%	$42K	$10K	10x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004485	+0.042%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDTshort	+0.0100%	4h	0.004486	+0.060%	$706K	$2.4M	50x
Pacifica PUMP	+0.0100%	1h	0.004484	+0.020%	$491K	$783K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004486	+0.065%	$81.6M	$170.4M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004485	+0.042%	$24.3M	$98.6M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004475	−0.179%	$37K	$191K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004487	+0.087%	$46K	$71K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004485	+0.042%	$5.0M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004489	+0.132%	$23.9M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004486	+0.065%	$17.7M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004484	+0.020%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004475	−0.179%	$794K	$189K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004472	−0.249%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004469	−0.309%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004478	−0.114%	$149K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004489	+0.132%	$108K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004476	−0.153%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004474	−0.203%	$2K	$754K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004477	−0.136%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004469	−0.315%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004476	−0.158%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004488	+0.103%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004474	−0.203%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004484	+0.020%	$61K	—	100x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0197%	1h	0.004479	−0.092%	$71K	$124K	25x	as long as short
Extended PUMP-USD	+0.0264%	1h	0.004485	+0.050%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004489	+0.132%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004480	−0.078%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004478	−0.114%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004486	+0.056%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004470	−0.292%	$714K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0507%	1h	0.004493	+0.221%	$168.0M	$55.8M	10x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004489	+0.120%	$534K	$994K	10x	as long as short
Aftermath Perps PUMPUSD	+0.0868%	1h	0.004474	−0.200%	$591	$117K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004455	−0.627%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1336%	1h	0.004479	−0.087%	$1.1M	$3.3M	50x	as long as short