Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.003%

Price spread now: Deribit against Aster+0.037%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$470.472% of the position

Long on Aster Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.247%−$25 on $10k

Price spread, last 4 days (all we have)−0.171%−$17 · spread now +0.037%, 7d avg +0.032%

Together, before fees−0.418%+ Points / potential airdropAster: Stage 5 · farm board−$42 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PUMPUSDT	0.004491	0.0100	pay 0.0050% / 4h	1h 40m	$707K	$2.4M	50x
Short	Deribit PUMP_USDC-PERPETUAL	0.004493	0	get 0.0000% / 1h	40m 06s	$71K	$124K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$21
Price spread: +0.037% → +0.032%: $0.49
Slippage, 4 orders: −$32.17
Fee Aster: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$67.68
Costs to cover: 0.472%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; Deribit: live order book, 19 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, 3 min ago	5.57 bp	10.4 bp −$10	21.9 bp −$219	doesn't fit	doesn't fit
Sell Deribit live order book, 19 min ago	6.70 bp	16.8 bp −$17	25.6 bp −$256	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	0.0000%	1h	0.004485	−0.142%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004493	+0.037%	$18K	$224K	20x	as long as short
Deribit PUMP_USDC-PERPETUALshort	0.0000%	1h	0.004493	+0.037%	$71K	$124K	25x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004492	+0.008%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0093%	4h	0.004492	+0.014%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004493	+0.037%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.034%	$27K	$780K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004492	+0.025%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDTlong	+0.0100%	4h	0.004491	long leg	$707K	$2.4M	50x
Pacifica PUMP	+0.0100%	1h	0.004484	−0.164%	$520K	$725K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004493	+0.028%	$82.1M	$169.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004491	−0.008%	$24.4M	$99.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004493	+0.030%	$32K	$186K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004493	+0.037%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004488	−0.075%	$5.0M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004495	+0.081%	$23.9M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004491	−0.008%	$17.8M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004492	+0.014%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004492	+0.021%	$799K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004493	+0.038%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004493	+0.045%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004494	+0.059%	$150K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004496	+0.103%	$106K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004492	+0.011%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004491	−0.008%	$2K	$750K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004492	+0.014%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004488	−0.075%	$21K	$116K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004490	−0.030%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004494	+0.053%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004486	−0.119%	$72K	$8K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0231% / S −0.0083%	1h	0.004490	−0.030%	$61K	—	100x	as long as short
Extended PUMP-USD	+0.0280%	1h	0.004491	−0.003%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004498	+0.148%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004500	+0.192%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004475	−0.364%	$3.7M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004494	+0.053%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004500	+0.192%	$701K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004495	+0.081%	$534K	$986K	10x	as long as short
Hyperliquid PUMP	+0.0625%	1h	0.004496	+0.103%	$168.2M	$56.1M	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004503	+0.259%	$39K	$204K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0881%	1h	0.004497	+0.118%	$594	$115K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1330%	1h	0.004499	+0.170%	$1.4M	$3.0M	50x	as long as short