Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.019%

Price spread now: Aster against Popdex+2.066%7-day average +1.273% · 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+$27as in the Price arb table

costs, in and out, $10k−$520.525% of the position

Long on Popdex Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.022%−$2 on $10k

Price spread, last 4 days (all we have)−1.330%−$133 · spread now +2.066%, 7d avg +1.273%

Together, before fees−1.352%+ Points / potential airdropAster: Stage 5 · farm board−$135 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 0.792% dearer against Popdex than usual: you sell high and buy low, +$79 on $10k if it goes back to its 7-day average of +1.273%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex PUMPUSDT	0.004400	0.0096	pay 0.0012% / 1h	9m 52s	$29K	$773K	20x
Short	Aster PUMPUSDT	0.004491	0.0100	get 0.0050% / 4h	2h 09m	$696K	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Popdex. 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 PopdexbpFee AsterbpOrdersPrice spread, now +2.066%Rate

Funding earned: $0.84
Price spread: +2.066% → +1.273%: $79.22
Slippage, 4 orders: −$38.07
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Aster: 4 bp × 2 orders: −$8
Net: $27.59
Costs to cover: 0.525%
Break-even: from the start

Slippage from Popdex: live order book, 59 min ago; Aster: live order book, 4 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 Popdex live order book, 59 min ago	1.12 bp	15.0 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	5.58 bp	9.6 bp −$10	20.7 bp −$207	doesn't fit	doesn't fit

PUMP on 41 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	−0.4690%	1h	0.004492	+2.093%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004492	+2.091%	$18K	$215K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004492	+2.091%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004490	+2.044%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0084%	4h	0.004490	+2.045%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004487	+1.977%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDTlong	+0.0096%	1h	0.004400	long leg	$29K	$773K	20x
Nado PUMP-PERP	+0.0100%	1h	0.004493	+2.125%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDTshort	+0.0100%	4h	0.004491	+2.066%	$696K	$2.4M	50x
Pacifica PUMP	+0.0100%	1h	0.004493	+2.114%	$522K	$717K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004487	+1.969%	$82.0M	$168.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004485	+1.932%	$24.4M	$98.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004482	+1.873%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004492	+2.091%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004482	+1.864%	$4.9M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004491	+2.068%	$23.8M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004486	+1.955%	$17.7M	$19.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004484	+1.909%	—	$13.0M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004490	+2.041%	$798K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004493	+2.114%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004488	+1.999%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004483	+1.886%	$149K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004496	+2.182%	$99K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004490	+2.052%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004491	+2.068%	$2K	$745K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004491	+2.068%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004488	+2.000%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004494	+2.136%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004494	+2.138%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004487	+1.977%	$72K	$8K	3x	as long as short
Extended PUMP-USD	+0.0216%	1h	0.004484	+1.918%	$3.8M	$4.3M	50x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004496	+2.184%	$43K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0312%	1h	0.004496	+2.182%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004495	+2.156%	$531K	$1.1M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004492	+2.085%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0364% / S −0.0295%	1h	0.004489	+2.023%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004501	+2.295%	$716K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004513	+2.568%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0739%	1h	0.004494	+2.136%	$168.4M	$55.3M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0867%	1h	0.004495	+2.148%	$594	$112K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1238%	1h	0.004496	+2.189%	$1.3M	$3.1M	50x	as long as short