Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0912%/8h= +99.9% APRpaid last 24h +0.132%

Price spread now: Aftermath Perps against BingX+0.052%7-day average +0.110% · 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−$64as in the Price arb table

costs, in and out, $10k−$590.585% of the position

Long on BingX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.378%+$38 on $10k

Price spread, last 4 days (all we have)+0.823%+$82 · spread now +0.052%, 7d avg +0.110%

Together, before fees+1.201%+$120 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aftermath Perps is 0.058% cheaper against BingX than usual: you would sell low and buy high (spread +0.052% now, against its 7-day average of +0.110%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$27 a day). At the pace of the last 3 days (+0.378% in total) that is about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PUMP-USDT	0.004439	0.0100	pay 0.0050% / 4h	0m 10s	—	$12.9M	—
Short	Aftermath Perps PUMPUSD	0.004441	0.1012	get 0.0126% / 1h	0m 10s	$787	$112K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against BingX. 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 BingXbpFee Aftermath PerpsbpOrdersPrice spread, now +0.052%Rate

Funding earned: $191.51
Price spread: +0.052% → +0.110%: −$5.79
Slippage, 4 orders: −$39.53
Fee BingX: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $127.18
Costs to cover: 0.585%
Break-even: 2.4 days

Slippage from BingX: live order book, 3 min ago; Aftermath Perps: live order book, 59 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 BingX live order book, 3 min ago	1.13 bp	7.1 bp −$7	13.4 bp −$134	34.9 bp −$3,485	122.0 bp −$61.0K
Sell Aftermath Perps live order book, 59 min ago	5.11 bp	25.3 bp −$25	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	−0.5216%	1h	0.004445	+0.140%	$20K	$9K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004442	+0.068%	$18K	$238K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004437	−0.048%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004438	−0.023%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.879%	$29K	$767K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004443	+0.101%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004444	+0.107%	$704K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004444	+0.113%	$498K	$823K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004436	−0.059%	$80.8M	$172.7M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004433	−0.135%	$24.1M	$97.7M	50x	as long as short

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	0.004443	+0.081%	$31K	$193K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004444	+0.113%	$62K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004437	−0.045%	$4.9M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004439	0.000%	$23.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004434	−0.113%	$17.5M	$20.1M	75x	as long as short
BingX PUMP-USDTlong	+0.0100%	4h	0.004439	long leg	—	$12.9M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004434	−0.122%	$791K	$208K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004445	+0.131%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004447	+0.180%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004445	+0.135%	$147K	$757K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004446	+0.158%	$103K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004436	−0.068%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004435	−0.081%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004440	+0.023%	$1K	$768K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004436	−0.068%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004443	+0.090%	$21K	$105K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004439	0.000%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004443	+0.082%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004435	−0.090%	$66K	$13K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0201%	1h	0.004438	−0.023%	$70K	$122K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004435	−0.090%	$53K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004445	+0.135%	$6K	$625	10x	as long as short
Extended PUMP-USD	+0.0312%	1h	0.004436	−0.061%	$3.9M	$4.3M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004445	+0.135%	$3.6M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004441	+0.040%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004430	−0.198%	$42K	$120K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004450	+0.248%	$707K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0482%	1h	0.004440	+0.023%	$166.5M	$55.0M	10x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004444	+0.113%	$528K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004448	+0.203%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0798%	1h	0.004438	−0.030%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSDshort	+0.1012%	1h	0.004441	+0.052%	$787	$112K	10x