Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0203%/8h= +22.2% APRpaid last 24h +0.159%

Price spread now: Aftermath Perps against Aster+0.229%7-day average +0.102% · 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−$59as in the Price arb table

costs, in and out, $10k−$720.718% of the position

Long on Aster Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.365%+$36 on $10k

Price spread, last 3 days (all we have)+0.645%+$65 · spread now +0.229%, 7d avg +0.102%

Together, before fees+1.010%+ Points / potential airdropAster: Stage 5 · farm board+$101 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Aftermath Perps is 0.127% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.102%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PUMPUSDT	0.004293	0.0100	pay 0.0050% / 4h	2h 44m	$780K	$2.1M	50x
Short	Aftermath Perps PUMPUSD	0.004303	0.0303	get 0.0038% / 1h	44m 28s	$179	$107K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Aster. 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 AsterbpFee Aftermath PerpsbpOrdersPrice spread, now +0.229%Rate

Funding earned: $42.6
Price spread: +0.229% → +0.102%: $12.72
Slippage, 4 orders: −$54.82
Fee Aster: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$16.5
Costs to cover: 0.718%
Break-even: 9.7 days

Slippage from Aster: live order book, 4 min ago; Aftermath Perps: live order book, 44 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 Aster live order book, 4 min ago	4.66 bp	13.4 bp −$13	24.9 bp −$249	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 44 min ago	5.22 bp	20.2 bp −$20	doesn't fit	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	−0.2741%	1h	0.004299	+0.146%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0549%	1h	0.004297	+0.095%	$769K	$184K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0072%	4h	0.004296	+0.077%	$22.5M	$94.2M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0016%	4h	0.004298	+0.123%	$40K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004293	+0.007%	$19K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004300	+0.170%	$68K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004299	+0.138%	$54K	—	150x	as long as short
Gate PUMP_USDT	+0.0090%	4h	0.004293	+0.007%	$4.6M	$11.7M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004293	+0.007%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004200	−2.160%	$28K	$774K	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	0.004294	+0.029%	$41K	—	5x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004301	+0.193%	$157.2M	$52.4M	10x	as long as short
Aster PUMPUSDTlong	+0.0100%	4h	0.004293	long leg	$780K	$2.1M	50x
Pacifica PUMP	+0.0100%	1h	0.004295	+0.053%	$446K	$611K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004299	+0.143%	$76.3M	$164.6M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004293	+0.016%	$25K	$182K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004294	+0.030%	$41K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004298	+0.123%	$22.7M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004294	+0.030%	$16.9M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004297	+0.100%	—	$12.8M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004296	+0.074%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004297	+0.095%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004297	+0.100%	$136K	$767K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004293	+0.018%	$1.6M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004299	+0.147%	$107K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004299	+0.146%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004299	+0.147%	$1K	$708K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004297	+0.100%	$709	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004290	−0.063%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004295	+0.053%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004293	+0.007%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004296	+0.077%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004295	+0.058%	$489K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004300	+0.181%	$38K	$99K	10x	as long as short
01 Exchange PUMPUSD	+0.0136%	1h	0.004295	+0.053%	$6K	$497	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004304	+0.263%	$653K	$5.4M	50x	as long as short
Aftermath Perps PUMPUSDshort	+0.0303%	1h	0.004303	+0.229%	$179	$107K	10x
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0221%	1h	0.004298	+0.123%	$66K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004293	+0.007%	$3.4M	$3.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004297	+0.108%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.729%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0690%	1h	0.004304	+0.255%	$1.3M	$3.5M	50x	as long as short