Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0433%/8h= +47.4% APRpaid last 24h +0.131%

Price spread now: Aftermath Perps against edgeX+0.253%68s7-day average +0.086% · 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−$800.801% of the position

Long on edgeX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.348%+$35 on $10k

Price spread, last 3 days (all we have)+0.029%+$3 · spread now +0.253%, 7d avg +0.086%

Together, before fees+0.376%+ Points / potential airdropedgeX: Active · farm board+$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Aftermath Perps is 0.167% dearer against edgeX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.086%. The two prices were read 68 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	edgeX PUMPUSDC	0.004357	0.0100	pay 0.0050% / 4h	3h 44m	$64K	$3.0M	20x
Short	Aftermath Perps PUMPUSD	0.004368	0.0533	get 0.0067% / 1h	44m 18s	$381	$106K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against edgeX. 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 edgeXbpFee Aftermath PerpsbpOrdersPrice spread, now +0.253%Rate

Funding earned: $90.85
Price spread: +0.253% → +0.086%: $16.72
Slippage, 4 orders: −$62.14
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $27.43
Costs to cover: 0.801%
Break-even: 4.9 days

Slippage from edgeX: live order book, 5 min ago; Aftermath Perps: live order book, 30 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 edgeX live order book, 5 min ago	4.59 bp	14.7 bp −$15	18.4 bp −$184	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 30 min ago	5.03 bp	27.0 bp −$27	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
Backpack PUMP_USDC_PERP	−0.0200%	1h	0.004372	+0.350%	$779K	$178K	5x	as long as short
dYdX PUMP-USD	−0.0021%	1h	0.004374	+0.407%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004372	+0.354%	$18K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004366	+0.217%	$69K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004369	+0.276%	$55K	—	150x	as long as short
OKX PUMP-USDT-SWAP	+0.0031%	4h	0.004365	+0.194%	$22.8M	$96.8M	50x	as long as short
Orderly PERP_PUMP_USDC	+0.0041%	4h	0.004366	+0.217%	$41K	$10K	10x	as long as short
Gate PUMP_USDT	+0.0066%	4h	0.004370	+0.308%	$4.7M	$10.5M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004367	+0.240%	$2.9M	$5.3M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.298%	$33K	$775K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004372	+0.348%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004372	+0.343%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004371	+0.322%	$716K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004373	+0.377%	$456K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004367	+0.242%	$78.1M	$163.8M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004364	+0.168%	$26K	$165K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004372	+0.354%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004371	+0.331%	$23.2M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004369	+0.285%	$17.5M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004368	+0.263%	—	$12.9M	—	as long as short
edgeX PUMPUSDClong	+0.0100%	4h	0.004357	long leg	$64K	$3.0M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004361	+0.092%	$1.2M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004366	+0.217%	$138K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004375	+0.423%	$96K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004367	+0.230%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004367	+0.240%	$2K	$722K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004366	+0.217%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004364	+0.171%	$21K	$136K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004367	+0.240%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004365	+0.184%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004368	+0.263%	$70K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0200%	1h	0.004375	+0.423%	$6K	$830	10x	as long as short
Hyperliquid PUMP	+0.0237%	1h	0.004373	+0.377%	$160.9M	$53.2M	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004370	+0.297%	$40K	$99K	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004373	+0.367%	$478K	$1.0M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004366	+0.217%	$3.5M	$4.1M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004366	+0.213%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0345% / S −0.0288%	1h	0.004366	+0.217%	$74K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004376	+0.446%	$689K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004368	+0.263%	$38K	$203K	12x	as long as short
Aftermath Perps PUMPUSDshort	+0.0533%	1h	0.004368	+0.253%	$381	$106K	10x
Kraken Futures PF_PUMPUSD	+0.0941%	1h	0.004371	+0.342%	$1.3M	$3.5M	50x	as long as short