Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0286%/8h= +31.3% APRpaid last 24h +0.135%

Price spread now: Aftermath Perps against HTX+0.097%50s7-day average +0.093% · 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−$1891.888% of the position

Long on HTX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.341%+$34 on $10k

Price spread, last 3 days (all we have)+0.044%+$4 · spread now +0.097%, 7d avg +0.093%

Together, before fees+0.386%+$39 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. The two prices were read 50 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	HTX PUMP-USDT	0.004318	0.0100	pay 0.0050% / 4h	1h 39m	$21K	$138K	20x
Short	Aftermath Perps PUMPUSD	0.004322	0.0386	get 0.0048% / 1h	39m 23s	$200	$106K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against HTX. 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 HTXbpFee Aftermath PerpsbpOrdersPrice spread, now +0.097%Rate

Funding earned: $60
Price spread: +0.097% → +0.093%: $0.39
Slippage, 4 orders: −$167.77
Fee HTX: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$128.37
Costs to cover: 1.888%
Break-even: 22.0 days

Slippage from HTX: live order book, 42 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 HTX live order book, 42 min ago	10.38 bp	76.3 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 45 min ago	5.08 bp	17.9 bp −$18	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	−0.5019%	1h	0.004325	+0.152%	$20K	$8K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0038%	4h	0.004320	+0.046%	$22.6M	$95.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0014%	4h	0.004322	+0.093%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004321	+0.069%	$20K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004323	+0.116%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004322	+0.102%	$55K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0050%	1h	0.004323	+0.123%	$771K	$181K	5x	as long as short
Lighter PUMP	+0.0096%	1h	0.004321	+0.069%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.417%	$29K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004321	+0.061%	$42K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PUMP-PERP	+0.0100%	1h	0.004320	+0.058%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004328	+0.232%	$158.5M	$52.5M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004320	+0.042%	$779K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004322	+0.093%	$448K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004321	+0.069%	$76.9M	$163.4M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004324	+0.130%	$25K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004322	+0.093%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004321	+0.069%	$4.6M	$11.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004324	+0.139%	$22.9M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004321	+0.069%	$17.1M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004320	+0.046%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004319	+0.025%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004320	+0.045%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004322	+0.093%	$136K	$767K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004325	+0.162%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004323	+0.111%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004324	+0.139%	$2K	$712K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004322	+0.093%	$713	$6K	10x	as long as short
HTX PUMP-USDTlong	+0.0100%	4h	0.004318	long leg	$21K	$138K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004320	+0.046%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004320	+0.041%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004321	+0.069%	$71K	$18K	3x	as long as short
01 Exchange PUMPUSD	+0.0112%	1h	0.004323	+0.116%	$6K	$497	10x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004323	+0.116%	$489K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004324	+0.132%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004324	+0.139%	$655K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0310% / S −0.0228%	1h	0.004322	+0.093%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004319	+0.023%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004321	+0.070%	$2	—	3x	as long as short
Aftermath Perps PUMPUSDshort	+0.0386%	1h	0.004322	+0.097%	$200	$106K	10x
Injective PUMP/USDC PERP	+0.0652%	1h	0.004322	+0.093%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0808%	1h	0.004328	+0.238%	$1.3M	$3.5M	50x	as long as short