Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0770%/8h= +84.3% APRpaid last 24h +0.130%

Price spread now: Aftermath Perps against edgeX+0.052%68s7-day average +0.083% · 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—prices read too far apart to compare

costs, in and out, $10k−$930.930% of the position

Long on edgeX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.367%+$37 on $10k

Price spread, last 4 days (all we have)+0.417%+$42 · spread now +0.052%, 7d avg +0.083%

Together, before fees+0.784%+ Points / potential airdropedgeX: Active · farm board+$78 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aftermath Perps is 0.031% cheaper against edgeX than usual: you would sell low and buy high (spread +0.052% now, against its 7-day average of +0.083%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$23 a day). At the pace of the last 3 days (+0.367% in total) that is about 7 hours. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX PUMPUSDC	0.004477	0.0100	pay 0.0050% / 4h	1h 35m	$65K	$3.1M	20x
Short	Aftermath Perps PUMPUSD	0.004479	0.0870	get 0.0109% / 1h	35m 43s	$592	$117K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against edgeX. 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 edgeXbpFee Aftermath PerpsbpOrdersPrice spread, now +0.052%Rate

Funding earned: $161.66
Price spread: +0.052% → +0.083%: −$3.06
Slippage, 4 orders: −$74.97
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $65.63
Costs to cover: 0.930%
Break-even: 4.2 days

Slippage from edgeX: live order book, 3 min ago; Aftermath Perps: live order book, 28 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 edgeX live order book, 3 min ago	3.36 bp	13.4 bp −$13	17.0 bp −$170	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 28 min ago	5.11 bp	32.9 bp −$33	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
Perpl PUMP	−0.0112%	43m	0.004467	−0.219%	$18K	$225K	20x	as long as short
dYdX PUMP-USD	−0.0016%	1h	0.004474	−0.060%	$20K	$9K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004479	+0.049%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004474	−0.055%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0094%	4h	0.004476	−0.018%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004468	−0.197%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.716%	$27K	$789K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004469	−0.186%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004472	−0.112%	$703K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004469	−0.175%	$521K	$736K	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	0.004469	−0.164%	$81.6M	$170.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004470	−0.152%	$24.3M	$99.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004465	−0.271%	$31K	$185K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004471	−0.130%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004470	−0.152%	$5.0M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004470	−0.152%	$23.8M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004469	−0.175%	$17.7M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004470	−0.152%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004471	−0.119%	$795K	$188K	5x	as long as short
edgeX PUMPUSDClong	+0.0100%	4h	0.004477	long leg	$65K	$3.1M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004465	−0.273%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004463	−0.309%	$149K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004472	−0.108%	$107K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004477	+0.008%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004467	−0.219%	$2K	$752K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004475	−0.041%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004473	−0.085%	$21K	$120K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004473	−0.085%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004471	−0.135%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004472	−0.108%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0230% / S −0.0082%	1h	0.004473	−0.085%	$60K	—	100x	as long as short
Extended PUMP-USD	+0.0256%	1h	0.004470	−0.146%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004471	−0.130%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004482	+0.125%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004469	−0.175%	$3.7M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004469	−0.181%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004480	+0.071%	$698K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004471	−0.130%	$532K	$992K	10x	as long as short
Hyperliquid PUMP	+0.0586%	1h	0.004473	−0.085%	$167.3M	$55.8M	10x	as long as short
Aftermath Perps PUMPUSDshort	+0.0870%	1h	0.004479	+0.052%	$592	$117K	10x
Injective PUMP/USDC PERP	+0.0880%	1h	0.004478	+0.026%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1336%	1h	0.004477	−0.004%	$1.1M	$3.4M	50x	as long as short