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 Phemex+0.088%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$740.740% of the position

Long on Phemex Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 3 days (all we have)−0.150%−$15 · spread now +0.088%, 7d avg −0.012%

Together, before fees−0.176%+ Points / potential airdropAster: Stage 5 · farm board−$18 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 0.100% dearer against Phemex than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex PUMPUSDT	0.004363	0.0100	pay 0.0050% / 4h	3h 46m	$2.0M	$4.0M	20x
Short	Aster PUMPUSDT	0.004367	0.0100	get 0.0050% / 4h	3h 46m	$717K	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Phemex. 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 PhemexbpFee AsterbpOrdersPrice spread, now +0.088%Rate

Funding earned: $0
Price spread: +0.088% → −0.012%: $9.97
Slippage, 4 orders: −$54.01
Fee Phemex: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$64.05
Costs to cover: 0.740%
Break-even: never at this rate

Slippage from Phemex: live order book, 2 min ago; Aster: live order book, 2 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 Phemex live order book, 2 min ago	3.44 bp	29.7 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	3.44 bp	10.8 bp −$11	19.3 bp −$193	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	−0.0241%	1h	0.004366	+0.073%	$778K	$179K	5x	as long as short
dYdX PUMP-USD	−0.0024%	1h	0.004367	+0.099%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004363	0.000%	$18K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004364	+0.023%	$69K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004363	+0.004%	$55K	—	150x	as long as short
OKX PUMP-USDT-SWAP	+0.0029%	4h	0.004362	−0.023%	$22.8M	$96.6M	50x	as long as short
Orderly PERP_PUMP_USDC	+0.0039%	4h	0.004365	+0.046%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004366	+0.069%	$2.9M	$5.3M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.444%	$30K	$772K	20x	as long as short
Gate PUMP_USDT	+0.0098%	4h	0.004366	+0.069%	$4.7M	$10.5M	75x	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	0.004363	−0.011%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004363	+0.011%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDTshort	+0.0100%	4h	0.004367	+0.088%	$717K	$2.3M	50x
Pacifica PUMP	+0.0100%	1h	0.004367	+0.092%	$456K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004366	+0.062%	$78.1M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004357	−0.128%	$26K	$165K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004363	0.000%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004368	+0.115%	$23.2M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004365	+0.046%	$17.5M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004367	+0.092%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004357	−0.148%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004361	−0.055%	$1.2M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004360	−0.069%	$138K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004366	+0.069%	$96K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004365	+0.045%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004363	0.000%	$2K	$722K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004363	0.000%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004358	−0.115%	$21K	$136K	20x	as long as short
Phemex PUMPUSDTlong	+0.0100%	4h	0.004363	long leg	$2.0M	$4.0M	20x
Extended PUMP-USD	+0.0104%	1h	0.004364	+0.014%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004366	+0.069%	$70K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0192%	1h	0.004365	+0.046%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004364	+0.023%	$39K	$99K	10x	as long as short
Hyperliquid PUMP	+0.0240%	1h	0.004371	+0.183%	$160.8M	$53.2M	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004363	+0.004%	$477K	$1.0M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004361	−0.046%	$3.5M	$4.1M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004361	−0.050%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0344% / S −0.0287%	1h	0.004362	−0.023%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004363	0.000%	$689K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004368	+0.115%	$38K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0517%	1h	0.004365	+0.046%	$381	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0942%	1h	0.004369	+0.142%	$1.3M	$3.5M	50x	as long as short