PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0504%/8h= −55.2% APRnext payment −$0.63 per $10,000 · paid last 24h −0.102%

Price spread now: Hyperliquid against Aftermath Perps+0.228%7-day average −0.009% · 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−$52as in the Price arb table

costs, in and out, $10k−$760.755% of the position

Long on Aftermath Perps Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.353%−$35 on $10k

Price spread, last 4 days (all we have)−0.868%−$87 · spread now +0.228%, 7d avg −0.009%

Together, before fees−1.220%+ Points / potential airdropHyperliquid: Season 2 · farm board−$122 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Hyperliquid is 0.237% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.228% now, against its 7-day average of −0.009%): +$24 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps PUMPUSD	0.004477	0.1030	pay 0.0129% / 1h	12m 37s	$519	$107K	10x
Short	Hyperliquid PUMP	0.004487	0.0526	get 0.0066% / 1h	12m 37s	$168.1M	$51.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aftermath Perps. 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 Aftermath PerpsbpFee HyperliquidbpOrdersPrice spread, now +0.228%Rate

Funding earned: −$105.79
Price spread: +0.228% → −0.009%: $23.71
Slippage, 4 orders: −$57.54
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$157.62
Costs to cover: 0.755%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 41 min ago; Hyperliquid: live order book, 11 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 Aftermath Perps live order book, 41 min ago	5.18 bp	34.5 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 11 min ago	2.26 bp	8.6 bp −$9	17.9 bp −$179	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	−0.2431%	1h	0.004482	+0.119%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004478	+0.027%	$18K	$242K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004480	+0.071%	$71K	$117K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004481	+0.100%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0004%	4h	0.004473	−0.085%	$4.9M	$10.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004480	+0.071%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.716%	$30K	$631K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004480	+0.071%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004476	−0.027%	$715K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004480	+0.071%	$497K	$823K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004475	−0.040%	$81.5M	$166.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004473	−0.085%	$24.4M	$96.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004480	+0.080%	$32K	$183K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004476	−0.018%	$65K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004485	+0.183%	$24.1M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004472	−0.107%	$17.6M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004476	−0.018%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004481	+0.102%	$799K	$205K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004486	+0.201%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004483	+0.140%	$1.3M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004490	+0.295%	$150K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004484	+0.161%	$108K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004479	+0.049%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004479	+0.042%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004480	+0.071%	$2K	$748K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004483	+0.138%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004475	−0.040%	$21K	$97K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004482	+0.116%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004476	−0.026%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004478	+0.027%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0198%	1h	0.004479	+0.049%	$54K	—	100x	as long as short
Extended PUMP-USD	+0.0288%	1h	0.004472	−0.102%	$3.9M	$4.0M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004485	+0.183%	$3.7M	$4.5M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004488	+0.252%	$46K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004480	+0.066%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004477	+0.004%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004496	+0.429%	$39K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004487	+0.228%	$725K	$5.8M	50x	as long as short
Hyperliquid PUMPshort	+0.0526%	1h	0.004487	+0.228%	$168.1M	$51.8M	10x
RISEx PUMP/USDC	+0.0638%	1h	0.004476	−0.018%	$532K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0654%	1h	0.004484	+0.151%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSDlong	+0.1030%	1h	0.004477	long leg	$519	$107K	10x