Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.021%

Price spread now: Ondo Perps against Aster+0.204%57s7-day average −0.012% · you sell dearer than you buy

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

Long on Aster Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 4 days (all we have)−0.208%−$21 · spread now +0.204%, 7d avg −0.012%

Together, before fees−0.192%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board−$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.216% dearer against Aster than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.012%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PUMPUSDT	0.004566	0.0100	pay 0.0050% / 4h	3h 58m	$862K	$2.4M	50x
Short	Ondo Perps PUMP-USD.P	0.004575	0.0100	get 0.0013% / 1h	58m 41s	$27K	$164K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo 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 Ondo PerpsbpOrdersPrice spread, now +0.204%Rate

Funding earned: $0
Price spread: +0.204% → −0.012%: $21.58
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $8.58
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Aster: live order book, 5 min ago; Ondo Perps: 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, 5 min ago	3.29 bp	8.1 bp −$8	18.9 bp −$189	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	0.0000%	1h	0.004569	+0.064%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004565	−0.024%	$18K	$272K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004564	−0.045%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0018%	4h	0.004563	−0.068%	$4.9M	$9.8M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004568	+0.042%	$3.0M	$4.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.448%	$30K	$659K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004566	+0.009%	$1.7M	$2.1M	10x	as long as short
Aster PUMPUSDTlong	+0.0100%	4h	0.004566	long leg	$862K	$2.4M	50x
Pacifica PUMP	+0.0100%	1h	0.004567	+0.020%	$524K	$879K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004566	−0.002%	$83.6M	$176.1M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004561	−0.112%	$25.0M	$104.1M	50x	as long as short
Ondo Perps PUMP-USD.Pshort	+0.0100%	1h	0.004575	+0.204%	$27K	$164K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004568	+0.042%	$50K	$140K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004570	+0.085%	$24.8M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004570	+0.085%	$17.9M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004566	−0.002%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004566	+0.004%	$819K	$208K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004561	−0.107%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004572	+0.129%	$1.3M	$11.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004561	−0.112%	$162K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004566	−0.002%	$107K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004565	−0.024%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004565	−0.022%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004565	−0.024%	$2K	$786K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004565	−0.024%	$254	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004566	−0.002%	$22K	$84K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004567	+0.020%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004567	+0.016%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004567	+0.028%	$3.8M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004564	−0.046%	$68K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004563	−0.068%	$65K	—	100x	as long as short
Hyperliquid PUMP	+0.0325%	1h	0.004576	+0.217%	$171.1M	$51.1M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004567	+0.020%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004564	−0.049%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004572	+0.129%	$38K	$204K	12x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004567	+0.015%	$44K	$138K	10x	as long as short
01 Exchange PUMPUSD	+0.0424%	1h	0.004567	+0.020%	$6K	$600	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004576	+0.217%	$739K	$6.1M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0627%	1h	0.004567	+0.020%	$70K	$116K	25x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004566	−0.002%	$532K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0811%	1h	0.004567	+0.023%	$1.1M	$3.5M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1007%	1h	0.004570	+0.081%	$706	$112K	10x	as long as short