Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0098%/8h= −10.8% APRpaid last 24h −0.009%

Price spread now: gTrade (Gains Network) against Aster−0.069%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.069% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PUMPUSDT	0.004323	0.0100	pay 0.0050% / 4h	1h 31m	$780K	$2.0M	50x
Short	gTrade (Gains Network) PUMP/USD	0.004320	L +0.0002% / S −0.0002%	get 0.0000% / 1h	31m 38s	$55K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.069%Rate

Funding earned: −$20.64
Price spread: −0.069% → 0.000%: −$6.89
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$45.53
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 2 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 2 min ago	1.16 bp	11.2 bp −$11	20.5 bp −$205	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.5022%	1h	0.004324	+0.035%	$20K	$8K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0047%	4h	0.004323	+0.001%	$22.6M	$95.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0012%	4h	0.004317	−0.138%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004317	−0.138%	$20K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004320	−0.068%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USDshort	L +0.0002% / S −0.0002%	1h	0.004320	−0.069%	$55K	—	150x
Backpack PUMP_USDC_PERP	+0.0064%	1h	0.004320	−0.064%	$770K	$180K	5x	as long as short
Lighter PUMP	+0.0096%	1h	0.004324	+0.024%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.531%	$29K	$764K	20x	as long as short
Gate PUMP_USDT	+0.0098%	4h	0.004324	+0.024%	$4.6M	$11.7M	75x	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	0.004325	+0.048%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004320	−0.057%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004331	+0.186%	$158.6M	$52.6M	10x	as long as short
Aster PUMPUSDTlong	+0.0100%	4h	0.004323	long leg	$780K	$2.0M	50x
Pacifica PUMP	+0.0100%	1h	0.004326	+0.070%	$448K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004326	+0.064%	$77.0M	$163.4M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004318	−0.126%	$25K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004325	+0.047%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004326	+0.070%	$22.9M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004325	+0.047%	$17.1M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004323	+0.001%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004315	−0.179%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004317	−0.144%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004321	−0.045%	$136K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004321	−0.045%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004319	−0.092%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004320	−0.068%	$2K	$711K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004319	−0.092%	$712	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004315	−0.184%	$21K	$139K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004320	−0.068%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004323	−0.005%	$3.5M	$3.7M	50x	as long as short
01 Exchange PUMPUSD	+0.0104%	1h	0.004327	+0.093%	$6K	$497	10x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004317	−0.138%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004326	+0.082%	$489K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004315	−0.180%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004322	−0.022%	$655K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0311% / S −0.0229%	1h	0.004318	−0.115%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004326	+0.070%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004317	−0.141%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0399%	1h	0.004320	−0.062%	$180	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004319	−0.092%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0809%	1h	0.004325	+0.036%	$1.3M	$3.5M	50x	as long as short