Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.094%

Price spread now: Aster against Reya+0.014%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya PUMPRUSDPERP	0.004513	0.0344	pay 0.0043% / 1h	30m 57s	$2	—	3x
Short	Aster PUMPUSDT	0.004514	0.0100	get 0.0050% / 4h	1h 30m	$826K	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Reya. 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 ReyabpFee AsterbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$51.14
Price spread: +0.014% → 0.000%: $1.44
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$63.7
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Aster: live order book, 2 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Aster live order book, 2 min ago	4.42 bp	11.0 bp −$11	23.6 bp −$236	doesn't fit	doesn't fit

Reya: 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	−0.0010%	1h	0.004517	+0.086%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004511	−0.051%	$19K	$262K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004510	−0.074%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004514	+0.016%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.294%	$33K	$635K	20x	as long as short
Aster PUMPUSDTshort	+0.0100%	4h	0.004514	+0.014%	$826K	$2.4M	50x
Pacifica PUMP	+0.0100%	1h	0.004519	+0.127%	$536K	$850K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004514	+0.016%	$82.7M	$172.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004511	−0.051%	$24.7M	$98.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004510	−0.064%	$27K	$161K	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	0.004521	+0.171%	$65K	$100K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004511	−0.051%	$5.0M	$10.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004514	+0.016%	$24.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004514	+0.016%	$17.8M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004512	−0.029%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004512	−0.026%	$807K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004522	+0.187%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004515	+0.037%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004528	+0.326%	$153K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004522	+0.193%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004513	−0.006%	$43K	$6K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004514	+0.006%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004518	+0.104%	$2K	$768K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004514	+0.016%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004515	+0.038%	$21K	$85K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004513	−0.006%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004511	−0.041%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004515	+0.038%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0105%	8h	0.004520	+0.144%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0185%	1h	0.004519	+0.138%	$1.6M	$2.1M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0193%	1h	0.004515	+0.038%	$69K	$116K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004513	−0.006%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0336%	1h	0.004522	+0.193%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004510	−0.073%	$3.8M	$4.6M	75x	as long as short
Reya PUMPRUSDPERPlong	+0.0344%	1h	0.004513	long leg	$2	—	3x
Phoenix PUMP	+0.0405%	1h	0.004524	+0.235%	$48K	$139K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004517	+0.082%	$724K	$5.8M	50x	as long as short
Hyperliquid PUMP	+0.0545%	1h	0.004517	+0.082%	$168.7M	$51.5M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0547%	1h	0.004515	+0.040%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004525	+0.259%	$38K	$205K	12x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004522	+0.192%	$539K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1085%	1h	0.004522	+0.194%	$500	$112K	10x	as long as short