Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0668%/8h= −73.2% APRpaid last 24h −0.146%

Price spread now: OKX against Aftermath Perps+0.141%7-day average −0.115% · 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−$91as in the Price arb table

costs, in and out, $10k−$1161.162% of the position

Long on Aftermath Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.373%−$37 on $10k

Price spread, last 4 days (all we have)−2.385%−$238 · spread now +0.141%, 7d avg −0.115%

Together, before fees−2.758%−$276 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.256% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.141% now, against its 7-day average of −0.115%): +$26 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps PUMPUSD	0.004506	0.0768	pay 0.0096% / 1h	21m 53s	$796	$111K	10x
Short	OKX PUMP-USDT-SWAP	0.004512	0.0100	get 0.0050% / 4h	2h 21m	$24.5M	$99.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.141%Rate

Funding earned: −$140.35
Price spread: +0.141% → −0.115%: $25.6
Slippage, 4 orders: −$97.22
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$230.97
Costs to cover: 1.162%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 47 min ago; OKX: 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 Aftermath Perps live order book, 47 min ago	5.14 bp	49.7 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.11 bp	7.1 bp −$7	25.2 bp −$252	130.1 bp −$13.0K	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	−0.3873%	1h	0.004514	+0.189%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004515	+0.207%	$18K	$211K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004510	+0.094%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0072%	4h	0.004510	+0.096%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004511	+0.119%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.125%	$30K	$772K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004520	+0.330%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004514	+0.175%	$730K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004520	+0.318%	$496K	$662K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004515	+0.197%	$82.1M	$167.3M	75x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAPshort	+0.0100%	4h	0.004512	+0.141%	$24.5M	$99.4M	50x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004520	+0.318%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004517	+0.252%	$40K	$63K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004510	+0.096%	$4.9M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004517	+0.252%	$24.0M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004511	+0.119%	$17.8M	$19.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004513	+0.163%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004512	+0.145%	$801K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004504	−0.029%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004531	+0.571%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004528	+0.496%	$151K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004521	+0.341%	$92K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004509	+0.081%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004518	+0.274%	$2K	$742K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004509	+0.074%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004514	+0.185%	$22K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004511	+0.119%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004524	+0.407%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004506	+0.008%	$72K	$8K	3x	as long as short
Extended PUMP-USD	+0.0112%	1h	0.004513	+0.170%	$3.9M	$4.3M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0194%	1h	0.004511	+0.119%	$72K	$124K	25x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004518	+0.285%	$42K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0280%	1h	0.004520	+0.318%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004519	+0.296%	$556K	$1.0M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004519	+0.291%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0362% / S −0.0292%	1h	0.004513	+0.163%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004517	+0.252%	$725K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004524	+0.407%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0705%	1h	0.004519	+0.296%	$169.2M	$55.1M	10x	as long as short
Aftermath Perps PUMPUSDlong	+0.0768%	1h	0.004506	long leg	$796	$111K	10x
Kraken Futures PF_PUMPUSD	+0.1233%	1h	0.004514	+0.189%	$1.3M	$3.1M	50x	as long as short