Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.021%

Price spread now: Aster against edgeX+0.185%60s7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$500.501% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days−0.118%−$12 · spread now +0.185%, 7d avg +0.029%

Together, before fees−0.102%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.156% dearer against edgeX than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.029%. The two prices were read 60 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	0.004462	0.0100	pay 0.0050% / 4h	1h 22m	$65K	$3.1M	20x
Short	Aster PUMPUSDT	0.004470	0.0100	get 0.0050% / 4h	1h 22m	$704K	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now +0.185%Rate

Funding earned: $0
Price spread: +0.185% → +0.029%: $15.63
Slippage, 4 orders: −$33.14
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$34.51
Costs to cover: 0.501%
Break-even: never at this rate

Slippage from edgeX: live order book, 1 min ago; Aster: live order book, 1 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, 1 min ago	3.36 bp	13.5 bp −$13	17.0 bp −$170	doesn't fit	doesn't fit
Sell Aster live order book, 1 min ago	3.36 bp	9.6 bp −$10	20.1 bp −$201	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
Perpl PUMP	−0.0112%	43m	0.004465	+0.073%	$18K	$229K	20x	as long as short
dYdX PUMP-USD	−0.0010%	1h	0.004469	+0.165%	$20K	$9K	5x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004469	+0.170%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004471	+0.207%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.384%	$31K	$794K	20x	as long as short
Orderly PERP_PUMP_USDC	+0.0097%	4h	0.004470	+0.185%	$42K	$10K	10x	as long as short
Aster PUMPUSDTshort	+0.0100%	4h	0.004470	+0.185%	$704K	$2.4M	50x
Pacifica PUMP	+0.0100%	1h	0.004471	+0.207%	$490K	$778K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004470	+0.189%	$81.4M	$170.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004470	+0.185%	$24.3M	$98.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004468	+0.129%	$37K	$191K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004471	+0.207%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004468	+0.140%	$5.0M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004473	+0.252%	$23.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004470	+0.185%	$17.7M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004469	+0.163%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004469	+0.158%	$793K	$189K	5x	as long as short
edgeX PUMPUSDClong	+0.0100%	4h	0.004462	long leg	$65K	$3.1M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004450	−0.262%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004466	+0.095%	$149K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004471	+0.207%	$107K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004469	+0.155%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004468	+0.140%	$2K	$754K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004470	+0.185%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004453	−0.196%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004466	+0.095%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004472	+0.234%	$42K	$276	5x	as long as short
Nado PUMP-PERP	+0.0102%	1h	0.004469	+0.174%	$1.7M	$2.0M	10x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004467	+0.118%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004469	+0.163%	$60K	—	100x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0198%	1h	0.004471	+0.207%	$71K	$124K	25x	as long as short
Extended PUMP-USD	+0.0264%	1h	0.004470	+0.192%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004474	+0.275%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004466	+0.089%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004469	+0.163%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004469	+0.156%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004468	+0.140%	$713K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0512%	1h	0.004475	+0.297%	$167.3M	$55.7M	10x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004474	+0.275%	$532K	$993K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004455	−0.151%	$39K	$204K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0885%	1h	0.004468	+0.139%	$590	$117K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1338%	1h	0.004472	+0.235%	$1.1M	$3.3M	50x	as long as short