Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.1003%/8h= +109.8% APRpaid last 24h +0.136%

Price spread now: Aftermath Perps against Binance−0.438%7-day average +0.088% · 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−$124as in the Price arb table

costs, in and out, $10k−$720.718% of the position

Long on Binance Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.400%+$40 on $10k

Price spread, last 4 days (all we have)+0.906%+$91 · spread now −0.438%, 7d avg +0.088%

Together, before fees+1.306%+$131 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aftermath Perps is 0.526% cheaper against Binance than usual: you would sell low and buy high (spread −0.438% now, against its 7-day average of +0.088%). If the spread goes back, that is −$53 on $10k: about 42 hours of funding at the current rate (+$30 a day). At the pace of the last 3 days (+0.400% in total) that is about 4.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PUMPUSDT	0.004500	0.0100	pay 0.0050% / 4h	2h 17m	$82.6M	$167.1M	75x
Short	Aftermath Perps PUMPUSD	0.004480	0.1103	get 0.0138% / 1h	17m 20s	$720	$111K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Binance. 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 BinancebpFee Aftermath PerpsbpOrdersPrice spread, now −0.438%Rate

Funding earned: $210.55
Price spread: −0.438% → +0.088%: −$52.6
Slippage, 4 orders: −$52.79
Fee Binance: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $86.15
Costs to cover: 0.718%
Break-even: 4.1 days

Slippage from Binance: live order book, 11 min ago; Aftermath Perps: live order book, 32 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 Binance live order book, 11 min ago	1.13 bp	10.2 bp −$10	18.4 bp −$184	66.3 bp −$6,627	292.7 bp −$146.3K
Sell Aftermath Perps live order book, 32 min ago	5.12 bp	21.2 bp −$21	doesn't fit	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	−0.0009%	1h	0.004503	+0.071%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004498	−0.044%	$18K	$247K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004498	−0.046%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004501	+0.022%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	0.000%	$34K	$639K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004499	−0.016%	$718K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004500	0.000%	$533K	$880K	10x	as long as short
Binance PUMPUSDTlong	+0.0100%	4h	0.004500	long leg	$82.6M	$167.1M	75x
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004499	−0.022%	$24.6M	$96.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004501	+0.029%	$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-USD	+0.0100%	1h	0.004505	+0.111%	$65K	$103K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004498	−0.044%	$5.0M	$10.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004504	+0.089%	$24.2M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004498	−0.044%	$17.8M	$18.5M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004500	0.000%	—	$13.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004503	+0.078%	$811K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004479	−0.476%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004498	−0.044%	$1.3M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004506	+0.133%	$152K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004504	+0.089%	$113K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004500	0.000%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004497	−0.056%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004500	0.000%	$2K	$749K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004501	+0.022%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004490	−0.222%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004502	+0.044%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004502	+0.052%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004495	−0.111%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0107%	8h	0.004503	+0.059%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0113%	1h	0.004503	+0.078%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004496	−0.089%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0328%	1h	0.004506	+0.133%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004496	−0.089%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004500	−0.005%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004504	+0.089%	$46K	$119K	10x	as long as short
Hyperliquid PUMP	+0.0425%	1h	0.004506	+0.133%	$167.9M	$50.0M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004503	+0.067%	$725K	$5.6M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004514	+0.311%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0639%	1h	0.004501	+0.022%	$70K	$115K	25x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004505	+0.111%	$535K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0813%	1h	0.004502	+0.049%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSDshort	+0.1103%	1h	0.004480	−0.438%	$720	$111K	10x