Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.166%

Price spread now: Aster against 01 Exchange−0.133%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aster is 0.133% cheaper against 01 Exchange than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange PUMPUSD	0.004430	0.0280	pay 0.0035% / 1h	5m 16s	$6K	$625	10x
Short	Aster PUMPUSDT	0.004424	0.0100	get 0.0050% / 4h	5m 16s	$701K	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against 01 Exchange. 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 01 ExchangebpFee AsterbpOrdersPrice spread, now −0.133%Rate

Funding earned: −$37.8
Price spread: −0.133% → 0.000%: −$13.25
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$66.05
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Aster: live order book, 3 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell Aster live order book, 3 min ago	3.38 bp	9.8 bp −$10	24.7 bp −$247	doesn't fit	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.4602%	1h	0.004425	−0.110%	$20K	$9K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004426	−0.090%	$19K	$237K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004422	−0.172%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004425	−0.113%	$2.8M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.677%	$29K	$781K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004428	−0.034%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDTshort	+0.0100%	4h	0.004424	−0.133%	$701K	$2.3M	50x
Pacifica PUMP	+0.0100%	1h	0.004426	−0.090%	$496K	$823K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004423	−0.149%	$80.5M	$173.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004422	−0.181%	$24.1M	$97.5M	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	0.004428	−0.038%	$31K	$192K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004429	−0.023%	$62K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004422	−0.181%	$4.9M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004425	−0.113%	$23.6M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004422	−0.181%	$17.4M	$20.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004423	−0.158%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004423	−0.158%	$791K	$206K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004432	+0.034%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004429	−0.024%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004433	+0.068%	$147K	$756K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004429	−0.023%	$103K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004422	−0.181%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004421	−0.193%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004425	−0.113%	$1K	$770K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004423	−0.158%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004420	−0.226%	$21K	$106K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004424	−0.135%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004428	−0.041%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004421	−0.203%	$66K	$13K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004421	−0.203%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0280%	1h	0.004422	−0.175%	$3.9M	$4.3M	50x	as long as short
01 Exchange PUMPUSDlong	+0.0280%	1h	0.004430	long leg	$6K	$625	10x
BloFin PUMP-USDT	+0.0340%	4h	0.004422	−0.181%	$3.6M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004426	−0.095%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004430	+0.005%	$42K	$120K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0428%	1h	0.004425	−0.113%	$70K	$122K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004431	+0.023%	$702K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0473%	1h	0.004431	+0.023%	$166.1M	$54.9M	10x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004430	−0.010%	$526K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004428	−0.045%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0801%	1h	0.004424	−0.131%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0997%	1h	0.004429	−0.029%	$585	$112K	10x	as long as short