Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0098%/8hnext payment +$0.12 per $10,000 · paid last 24h +0.153%

Price spread now: Aftermath Perps against SoDEX−0.040%63s7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Aftermath Perps

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—needs both histories

Funding pays, the price is against you. Aftermath Perps is 0.040% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day). The two prices were read 63 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	SoDEX PUMP-USD	0.004262	0.0100	pay 0.0013% / 1h	40m 27s	$267	$6K	10x
Short	Aftermath Perps PUMPUSD	0.004260	0.0198	get 0.0025% / 1h	40m 27s	$177	$117K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against SoDEX. 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 SoDEXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.040%Rate

Funding earned: $20.55
Price spread: −0.040% → 0.000%: −$3.99
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$0.44
Costs to cover: 0.170%
Break-even: 7.2 days

Slippage unknown: SoDEX: no order-book sample; Aftermath Perps: live order book, 1 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 SoDEX no order-book sample	—	—	—	—	—
Sell Aftermath Perps live order book, 1 min ago	5.16 bp	27.3 bp −$27	doesn't fit	doesn't fit	doesn't fit

SoDEX: 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	0.0000%	1h	0.004265	+0.066%	$20K	$5K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004262	0.000%	$19K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004264	+0.047%	$69K	$133K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004264	+0.053%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0004%	4h	0.004261	−0.023%	$40K	$36K	10x	as long as short
Aster PUMPUSDT	+0.0006%	4h	0.004263	+0.023%	$752K	$2.4M	50x	as long as short
Gate PUMP_USDT	+0.0074%	4h	0.004262	0.000%	$4.6M	$11.9M	75x	as long as short
Phoenix PUMP	+0.0094%	1h	0.004259	−0.080%	$38K	$100K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004263	+0.023%	$2.9M	$6.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004200	−1.455%	$26K	$826K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004262	−0.003%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004262	+0.012%	$1.6M	$2.1M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004268	+0.141%	$154.5M	$54.3M	10x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004263	+0.023%	$447K	$638K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004263	+0.023%	$76.2M	$176.7M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004264	+0.047%	$22.5M	$99.2M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004267	+0.124%	$20K	$200K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004263	+0.023%	$41K	$57K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004265	+0.070%	$22.5M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004263	+0.023%	$17.0M	$20.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004263	+0.023%	—	$13.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004261	−0.014%	$764K	$193K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004263	+0.025%	$63K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004263	+0.033%	$1.2M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004265	+0.070%	$97K	$762K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004267	+0.117%	$95K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004265	+0.081%	$4K	$15K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004264	+0.047%	$2K	$736K	20x	as long as short
SoDEX PUMP-USDlong	+0.0100%	1h	0.004262	long leg	$267	$6K	10x
HTX PUMP-USDT	+0.0100%	4h	0.004261	−0.023%	$22K	$154K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004260	−0.047%	$2.0M	$4.1M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004262	+0.005%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004264	+0.047%	$70K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0117%	1h	0.004265	+0.063%	$475K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0128%	1h	0.004266	+0.094%	$6K	$819	10x	as long as short
Aftermath Perps PUMPUSDshort	+0.0198%	1h	0.004260	−0.040%	$177	$117K	10x
Coinbase International PUMP-PERP-INTX	+0.0208%	1h	0.004260	−0.047%	$620K	$6.0M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0221%	1h	0.004262	0.000%	$66K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004252	−0.235%	$3.5M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004263	+0.034%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0603%	1h	0.004274	+0.282%	$38K	$156K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0789%	1h	0.004268	+0.146%	$1.3M	$3.6M	50x	as long as short