Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0872%/8h= +95.4% APRpaid last 24h +0.143%

Price spread now: Aftermath Perps against KuCoin+0.632%7-day average +0.041% · 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−$34as in the Price arb table

costs, in and out, $10k−$930.934% of the position

Long on KuCoin Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.434%+$43 on $10k

Price spread, last 4 days (all we have)+0.612%+$61 · spread now +0.632%, 7d avg +0.041%

Together, before fees+1.046%+$105 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Aftermath Perps is 0.591% dearer against KuCoin than usual: you sell high and buy low: +$59 more if the spread goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PUMPUSDTM	0.004504	0.0100	pay 0.0050% / 4h	3h 31m	$24.7M	$13.9M	50x
Short	Aftermath Perps PUMPUSD	0.004532	0.0972	get 0.0121% / 1h	31m 22s	$501	$110K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against KuCoin. 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 KuCoinbpFee Aftermath PerpsbpOrdersPrice spread, now +0.632%Rate

Funding earned: $183.03
Price spread: +0.632% → +0.041%: $59.06
Slippage, 4 orders: −$72.35
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $148.73
Costs to cover: 0.934%
Break-even: 1.3 days

Slippage from KuCoin: live order book, 7 min ago; Aftermath Perps: live order book, 3 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 KuCoin live order book, 7 min ago	1.10 bp	16.3 bp −$16	55.2 bp −$552	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 3 min ago	5.08 bp	30.7 bp −$31	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
Gate PUMP_USDT	−0.0150%	4h	0.004497	−0.155%	$4.8M	$10.0M	75x	as long as short
dYdX PUMP-USD	−0.0036%	1h	0.004511	+0.161%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004501	−0.067%	$19K	$267K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004501	−0.069%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004515	+0.244%	$2.9M	$4.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.089%	$35K	$674K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004502	−0.044%	$850K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004514	+0.222%	$517K	$886K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004502	−0.044%	$82.2M	$176.5M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004500	−0.089%	$24.8M	$103.0M	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	0.004533	+0.653%	$27K	$157K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004502	−0.044%	$50K	$140K	10x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004504	long leg	$24.7M	$13.9M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004501	−0.067%	$17.5M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004501	−0.067%	—	$14.5M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004510	+0.135%	$809K	$214K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004525	+0.475%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004539	+0.778%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004524	+0.444%	$161K	$749K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004503	−0.022%	$106K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004500	−0.089%	$42K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004542	+0.835%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004501	−0.067%	$2K	$787K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004503	−0.022%	$256	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004514	+0.222%	$23K	$124K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004503	−0.022%	$1.9M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004514	+0.230%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004500	−0.082%	$3.7M	$3.9M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004498	−0.133%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0145%	1h	0.004506	+0.044%	$167.9M	$51.5M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004509	+0.111%	$65K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0328%	1h	0.004502	−0.044%	$6K	$600	10x	as long as short
Phoenix PUMP	+0.0332%	1h	0.004546	+0.939%	$44K	$146K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004526	+0.488%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004502	−0.049%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	+1.732%	$38K	$204K	12x	as long as short
Nado PUMP-PERP	+0.0375%	1h	0.004502	−0.033%	$1.6M	$2.2M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0417%	1h	0.004503	−0.022%	$69K	$116K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004508	+0.089%	$746K	$6.1M	50x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004504	0.000%	$525K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0822%	1h	0.004507	+0.075%	$1.1M	$3.5M	50x	as long as short
Aftermath Perps PUMPUSDshort	+0.0972%	1h	0.004532	+0.632%	$501	$110K	10x