Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0772%/8h= −84.6% APRpaid last 24h −0.129%

Price spread now: HTX against Aftermath Perps−0.062%7-day average −0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$216as in the Price arb table

costs, in and out, $10k−$2202.195% of the position

Long on Aftermath Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.356%−$36 on $10k

Price spread, last 3 days (all we have)−0.102%−$10 · spread now −0.062%, 7d avg −0.096%

Together, before fees−0.458%−$46 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.033% dearer against Aftermath Perps than usual: you sell high and buy low (spread −0.062% now, against its 7-day average of −0.096%): +$3 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 3 days (−0.356% in total) that is about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps PUMPUSD	0.004495	0.0872	pay 0.0109% / 1h	2m 00s	$594	$112K	10x
Short	HTX PUMP-USDT	0.004492	0.0100	get 0.0050% / 4h	2h 02m	$21K	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$162.21
Price spread: −0.062% → −0.096%: $3.33
Slippage, 4 orders: −$198.52
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$378.39
Costs to cover: 2.195%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 2 min ago; HTX: live order book, 64 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, 2 min ago	5.11 bp	33.4 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 64 min ago	14.49 bp	68.8 bp −$69	doesn't fit	doesn't fit	doesn't fit

PUMP on 41 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	−0.4032%	1h	0.004491	−0.082%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004490	−0.107%	$18K	$214K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004490	−0.107%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004490	−0.108%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0089%	4h	0.004489	−0.129%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004491	−0.085%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.109%	$28K	$779K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004492	−0.051%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004490	−0.113%	$695K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004493	−0.040%	$524K	$717K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004487	−0.174%	$82.0M	$167.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004487	−0.174%	$24.4M	$98.6M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004485	−0.211%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004494	−0.018%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004488	−0.151%	$4.9M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004491	−0.085%	$23.9M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004486	−0.196%	$17.7M	$19.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004489	−0.129%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004489	−0.122%	$798K	$186K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004495	+0.004%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004487	−0.174%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004497	+0.049%	$150K	$750K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004496	+0.027%	$100K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004489	−0.130%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004487	−0.174%	$2K	$742K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004489	−0.129%	$282	$7K	10x	as long as short
HTX PUMP-USDTshort	+0.0100%	4h	0.004492	−0.062%	$21K	$116K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004489	−0.129%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004495	−0.002%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004485	−0.218%	$72K	$8K	3x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004498	+0.067%	$43K	$103K	10x	as long as short
Extended PUMP-USD	+0.0248%	1h	0.004486	−0.186%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004497	+0.049%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004496	+0.027%	$531K	$1.0M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004490	−0.112%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0349% / S −0.0278%	1h	0.004490	−0.107%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004493	−0.040%	$707K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004511	+0.360%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0717%	1h	0.004495	+0.004%	$168.5M	$55.4M	10x	as long as short
Aftermath Perps PUMPUSDlong	+0.0872%	1h	0.004495	long leg	$594	$112K	10x
Kraken Futures PF_PUMPUSD	+0.1238%	1h	0.004496	+0.020%	$1.4M	$3.1M	50x	as long as short