PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0981%/8h= −107.4% APRnext payment −$1.23 per $10,000 · paid last 24h −0.136%

Price spread now: Arcus against Aftermath Perps+1.043%7-day average −0.075% · 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+$43as in the Price arb table

costs, in and out, $10k−$690.685% of the position

Long on Aftermath Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.402%−$40 on $10k

Price spread, last 4 days (all we have)−1.543%−$154 · spread now +1.043%, 7d avg −0.075%

Together, before fees−1.945%−$195 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 1.117% dearer against Aftermath Perps than usual: you sell high and buy low (spread +1.043% now, against its 7-day average of −0.075%): +$112 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 3.8 days. At the pace of the last 3 days (−0.402% in total) that is about 9.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps PUMPUSD	0.004457	0.1081	pay 0.0135% / 1h	19m 57s	$717	$104K	10x
Short	Arcus PUMP-USD	0.004503	0.0100	get 0.0013% / 1h	19m 57s	$65K	$103K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Aftermath Perps. 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 Aftermath PerpsbpFee ArcusbpOrdersPrice spread, now +1.043%Rate

Funding earned: −$205.98
Price spread: +1.043% → −0.075%: $111.74
Slippage, 4 orders: −$55.04
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$162.78
Costs to cover: 0.685%
Break-even: from the start

Slippage from Aftermath Perps: live order book, 29 min ago; Arcus: live order book, 54 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 Aftermath Perps live order book, 29 min ago	5.12 bp	31.4 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Arcus live order book, 54 min ago	4.46 bp	8.1 bp −$8	18.9 bp −$189	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	−0.0010%	1h	0.004491	+0.778%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004499	+0.953%	$18K	$246K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004499	+0.949%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004500	+0.975%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.269%	$33K	$640K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004504	+1.056%	$718K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004498	+0.930%	$541K	$774K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004505	+1.087%	$82.6M	$167.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004506	+1.110%	$24.7M	$96.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004484	+0.621%	$26K	$167K	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-USDshort	+0.0100%	1h	0.004503	+1.043%	$65K	$103K	10x
Gate PUMP_USDT	+0.0100%	4h	0.004500	+0.975%	$5.0M	$10.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004509	+1.177%	$24.2M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004505	+1.087%	$17.8M	$18.5M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004502	+1.020%	—	$13.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004500	+0.984%	$810K	$202K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004433	−0.535%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004444	−0.280%	$1.2M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004433	−0.528%	$149K	$748K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004501	+0.998%	$115K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004499	+0.953%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004496	+0.890%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004498	+0.930%	$2K	$748K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004499	+0.953%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004492	+0.796%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004499	+0.953%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004503	+1.052%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004494	+0.841%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0107%	8h	0.004503	+1.034%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0109%	1h	0.004501	+1.009%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004498	+0.930%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004498	+0.930%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004479	+0.504%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004501	+0.992%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004433	−0.528%	$45K	$119K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0417%	1h	0.004499	+0.953%	$70K	$115K	25x	as long as short
Hyperliquid PUMP	+0.0427%	1h	0.004503	+1.043%	$167.8M	$50.0M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004505	+1.087%	$726K	$5.6M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004484	+0.616%	$38K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004504	+1.058%	$535K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0814%	1h	0.004500	+0.982%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSDlong	+0.1081%	1h	0.004457	long leg	$717	$104K	10x