Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0930%/8h= −101.8% APRpaid last 24h −0.148%

Price spread now: OKX against Aftermath Perps+0.025%7-day average −0.117% · 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−$50as in the Price arb table

costs, in and out, $10k−$640.644% of the position

Long on Aftermath Perps Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.395%−$39 on $10k

Price spread, last 4 days (all we have)−0.892%−$89 · spread now +0.025%, 7d avg −0.117%

Together, before fees−1.287%−$129 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.142% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.117%): +$14 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 3 days (−0.395% in total) that is about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps PUMPUSD	0.004440	0.1030	pay 0.0129% / 1h	54m 36s	$786	$111K	10x
Short	OKX PUMP-USDT-SWAP	0.004441	0.0100	get 0.0050% / 4h	3h 54m	$24.2M	$97.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.025%Rate

Funding earned: −$195.29
Price spread: +0.025% → −0.117%: $14.19
Slippage, 4 orders: −$45.41
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$245.5
Costs to cover: 0.644%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 64 min ago; OKX: live order book, 4 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, 64 min ago	5.11 bp	20.0 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	1.13 bp	10.0 bp −$10	26.4 bp −$264	99.2 bp −$9,918	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	−1.1233%	1h	0.004437	−0.061%	$20K	$9K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004436	−0.088%	$18K	$238K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004439	−0.012%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004443	+0.070%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.899%	$29K	$694K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004439	−0.009%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004439	−0.023%	$703K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004441	+0.025%	$498K	$821K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004441	+0.032%	$81.0M	$172.5M	75x	as long as short
OKX PUMP-USDT-SWAPshort	+0.0100%	4h	0.004441	+0.025%	$24.2M	$97.7M	50x

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	0.004435	−0.115%	$31K	$192K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004444	+0.092%	$62K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004437	−0.065%	$4.9M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004442	+0.047%	$23.7M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004442	+0.047%	$17.6M	$20.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004440	+0.002%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004444	+0.097%	$793K	$209K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004429	−0.237%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004433	−0.150%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004433	−0.156%	$147K	$756K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004443	+0.070%	$104K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004441	+0.025%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004440	0.000%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004439	−0.020%	$2K	$768K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004442	+0.047%	$279	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004439	−0.020%	$21K	$105K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004442	+0.047%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004443	+0.075%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004440	+0.002%	$66K	$13K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0200%	1h	0.004443	+0.070%	$71K	$122K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004439	−0.020%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0312%	1h	0.004442	+0.053%	$3.9M	$4.3M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004446	+0.137%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004440	−0.003%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004441	+0.025%	$6K	$625	10x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004442	+0.047%	$42K	$119K	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004444	+0.092%	$38K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0469%	1h	0.004445	+0.115%	$166.7M	$54.4M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004435	−0.111%	$705K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004445	+0.106%	$528K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0660%	1h	0.004445	+0.104%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSDlong	+0.1030%	1h	0.004440	long leg	$786	$111K	10x