Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%

Price spread now: Aster against Arcus−0.042%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$370.374% of the position

Long on Arcus Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.026%−$3 on $10k

Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.042%, 7d avg −0.024%

Together, before fees−0.058%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus PUMP-USD	0.004495	0.0100	pay 0.0013% / 1h	18m 34s	$65K	$103K	10x
Short	Aster PUMPUSDT	0.004493	0.0100	get 0.0050% / 4h	2h 18m	$716K	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Arcus. 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 ArcusbpFee AsterbpOrdersPrice spread, now −0.042%Rate

Funding earned: $0
Price spread: −0.042% → −0.024%: −$1.77
Slippage, 4 orders: −$24.86
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$39.13
Costs to cover: 0.374%
Break-even: never at this rate

Slippage from Arcus: live order book, 55 min ago; Aster: live order book, 5 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 Arcus live order book, 55 min ago	4.46 bp	7.8 bp −$8	14.6 bp −$146	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	4.50 bp	11.5 bp −$12	23.9 bp −$239	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	−0.0010%	1h	0.004494	−0.017%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004503	+0.178%	$18K	$246K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004500	+0.104%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004495	0.000%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.113%	$33K	$639K	20x	as long as short
Aster PUMPUSDTshort	+0.0100%	4h	0.004493	−0.042%	$716K	$2.2M	50x
Pacifica PUMP	+0.0100%	1h	0.004493	−0.044%	$532K	$880K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004493	−0.038%	$82.4M	$167.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004494	−0.022%	$24.6M	$95.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004501	+0.140%	$26K	$168K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USDlong	+0.0100%	1h	0.004495	long leg	$65K	$103K	10x
Gate PUMP_USDT	+0.0100%	4h	0.004493	−0.044%	$5.0M	$10.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004498	+0.067%	$24.1M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004491	−0.089%	$17.8M	$18.5M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004494	−0.022%	—	$13.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004498	+0.069%	$810K	$202K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004479	−0.365%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004444	−1.134%	$1.2M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004433	−1.379%	$149K	$748K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004511	+0.356%	$114K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004498	+0.067%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004496	+0.021%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004501	+0.133%	$2K	$748K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004498	+0.067%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004502	+0.156%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004501	+0.133%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004492	−0.059%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004494	−0.022%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0107%	8h	0.004492	−0.065%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0107%	1h	0.004509	+0.323%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004500	+0.111%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0328%	1h	0.004498	+0.067%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004496	+0.022%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004506	+0.240%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004496	+0.022%	$46K	$119K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0417%	1h	0.004500	+0.111%	$70K	$115K	25x	as long as short
Hyperliquid PUMP	+0.0421%	1h	0.004498	+0.067%	$167.6M	$50.0M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004504	+0.200%	$725K	$5.6M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004491	−0.089%	$38K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004496	+0.033%	$534K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0814%	1h	0.004498	+0.065%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1105%	1h	0.004464	−0.692%	$718	$111K	10x	as long as short