Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%

Price spread now: Ondo Perps against Aster+0.112%7-day average −0.014% · you sell dearer than you buy

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

Long on Aster Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$1 on $10k

Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.112%, 7d avg −0.014%

Together, before fees−0.105%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.127% dearer against Aster than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PUMPUSDT	0.004470	0.0100	pay 0.0050% / 4h	3h 08m	$715K	$2.2M	50x
Short	Ondo Perps PUMP-USD.P	0.004475	0.0100	get 0.0013% / 1h	8m 15s	$26K	$169K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aster. 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 AsterbpFee Ondo PerpsbpOrdersPrice spread, now +0.112%Rate

Funding earned: $0
Price spread: +0.112% → −0.014%: $12.67
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$0.33
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 min ago; Ondo Perps: 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 Aster live order book, 5 min ago	5.58 bp	13.7 bp −$14	23.8 bp −$238	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.1514%	1h	0.004476	+0.131%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004473	+0.059%	$18K	$201K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004476	+0.126%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004475	+0.110%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0053%	4h	0.004474	+0.081%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004478	+0.170%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.574%	$27K	$772K	20x	as long as short
OKX PUMP-USDT-SWAP	+0.0099%	4h	0.004475	+0.103%	$23.5M	$98.0M	50x	as long as short
Aster PUMPUSDTlong	+0.0100%	4h	0.004470	long leg	$715K	$2.2M	50x
Pacifica PUMP	+0.0100%	1h	0.004471	+0.014%	$478K	$639K	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	0.004477	+0.146%	$80.7M	$163.1M	75x	as long as short
Ondo Perps PUMP-USD.Pshort	+0.0100%	1h	0.004475	+0.112%	$26K	$169K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004470	−0.009%	$41K	$57K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004474	+0.081%	$4.8M	$10.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004476	+0.126%	$23.7M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004475	+0.103%	$17.9M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004475	+0.103%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004477	+0.155%	$797K	$172K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004476	+0.131%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004482	+0.256%	$1.2M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004482	+0.260%	$141K	$759K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004471	+0.025%	$1.7M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004474	+0.081%	$107K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004474	+0.090%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004472	+0.036%	$2K	$724K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004475	+0.103%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004470	−0.009%	$21K	$123K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004477	+0.148%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004468	−0.063%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004474	+0.092%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004470	−0.009%	$71K	$11K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004472	+0.036%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004498	+0.620%	$39K	$99K	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004471	+0.014%	$488K	$995K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004473	+0.059%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004471	+0.010%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004481	+0.238%	$702K	$5.7M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0355% / S −0.0293%	1h	0.004473	+0.059%	$74K	—	100x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004493	+0.506%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0575%	1h	0.004484	+0.305%	$166.0M	$53.6M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0724%	1h	0.004476	+0.128%	$392	$109K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0918%	1h	0.004483	+0.278%	$1.3M	$3.0M	50x	as long as short