Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:48 UTC−0.1142%/8h= −125.0% APRpaid last 24h −0.180%

Price spread now: Perpl against Aftermath Perps−0.088%7-day average −0.072% · you buy dearer than you sell

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

Long on Aftermath Perps Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.453%−$45 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.088%, 7d avg −0.072%

Together, before fees−0.402%+ Points / potential airdropPerpl: Active · farm board−$40 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.072%, so right now this pair is about funding alone: −$34 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps PUMPUSD	0.004440	0.1030	pay 0.0129% / 1h	54m 49s	$786	$111K	10x
Short	Perpl PUMP	0.004436	−0.0112	pay 0.0010% / 43m	8m 49s	$18K	$238K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl 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 PerplbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$239.73
Price spread: −0.088% → −0.072%: −$1.61
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$264.14
Costs to cover: 0.228%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: live order book, 64 min ago; Perpl: no order-book sample. 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 Aftermath Perps live order book, 64 min ago	5.11 bp	20.0 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Perpl no order-book sample	—	—	—	—	—

Perpl: 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	−1.1276%	1h	0.004436	−0.088%	$20K	$9K	5x	as long as short
Perpl PUMPshort	−0.0112%	43m	0.004436	−0.088%	$18K	$238K	20x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004439	−0.012%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004442	+0.047%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.899%	$29K	$694K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004439	−0.009%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004442	+0.045%	$704K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004436	−0.088%	$498K	$821K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004440	+0.002%	$80.9M	$172.5M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004438	−0.043%	$24.2M	$97.7M	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	0.004438	−0.045%	$31K	$193K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004438	−0.043%	$62K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004436	−0.088%	$4.9M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004442	+0.047%	$23.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004440	+0.002%	$17.5M	$20.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004438	−0.043%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004444	+0.097%	$793K	$209K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004429	−0.237%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004433	−0.150%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004433	−0.156%	$147K	$756K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004443	+0.070%	$104K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004441	+0.025%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004440	0.000%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004439	−0.020%	$2K	$768K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004442	+0.047%	$279	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004439	−0.020%	$21K	$105K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004442	+0.047%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004434	−0.137%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004440	+0.002%	$66K	$13K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0200%	1h	0.004443	+0.070%	$71K	$122K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004439	−0.020%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0312%	1h	0.004437	−0.060%	$3.9M	$4.3M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004446	+0.137%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004440	−0.003%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004441	+0.025%	$6K	$625	10x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004442	+0.047%	$42K	$119K	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004444	+0.092%	$38K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0469%	1h	0.004445	+0.115%	$166.7M	$54.4M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004435	−0.111%	$705K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004440	0.000%	$527K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0660%	1h	0.004445	+0.104%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSDlong	+0.1030%	1h	0.004440	long leg	$786	$111K	10x