Funding arb · Price arb /

PUMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.385%

Price spread now: Aster against dYdX−0.050%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 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

Funding pays, the price is against you. Aster is 0.050% cheaper against dYdX than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 40 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PUMP-USD	0.004569	0	get 0.0000% / 1h	58m 17s	$21K	$11K	5x
Short	Aster PUMPUSDT	0.004567	0.0100	get 0.0050% / 4h	3h 58m	$862K	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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 dYdXbpFee AsterbpOrdersPrice spread, now −0.050%Rate

Funding earned: $21
Price spread: −0.050% → 0.000%: −$4.99
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$1.99
Costs to cover: 0.180%
Break-even: 7.7 days

Slippage unknown: dYdX: no order-book sample; Aster: live order book, 5 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Aster live order book, 5 min ago	3.29 bp	9.1 bp −$9	20.8 bp −$208	doesn't fit	doesn't fit

dYdX: 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-USDlong	0.0000%	1h	0.004569	long leg	$21K	$11K	5x
Perpl PUMP	0.0000%	43m	0.004563	−0.131%	$18K	$272K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004579	+0.229%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004568	−0.022%	$3.0M	$4.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.510%	$30K	$659K	20x	as long as short
Aster PUMPUSDTshort	+0.0100%	4h	0.004567	−0.050%	$862K	$2.4M	50x
Pacifica PUMP	+0.0100%	1h	0.004567	−0.044%	$524K	$879K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004572	+0.075%	$83.7M	$176.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004578	+0.197%	$25.1M	$104.8M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004575	+0.140%	$27K	$164K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004567	−0.044%	$50K	$140K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004565	−0.088%	$4.9M	$9.8M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004575	+0.131%	$24.8M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004578	+0.197%	$17.9M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004574	+0.109%	—	$14.3M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004566	−0.059%	$819K	$208K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004561	−0.170%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004572	+0.066%	$1.3M	$11.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004561	−0.175%	$162K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004562	−0.153%	$107K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004579	+0.219%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004565	−0.086%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004565	−0.088%	$2K	$786K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004565	−0.088%	$254	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004566	−0.066%	$22K	$84K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004567	−0.044%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004567	−0.048%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004563	−0.124%	$3.8M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004576	+0.153%	$68K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004565	−0.088%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004567	−0.044%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004568	−0.025%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004572	+0.066%	$38K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0350%	1h	0.004567	−0.044%	$170.8M	$51.1M	10x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004567	−0.048%	$44K	$138K	10x	as long as short
01 Exchange PUMPUSD	+0.0424%	1h	0.004566	−0.066%	$6K	$600	10x	as long as short
Nado PUMP-PERP	+0.0428%	1h	0.004574	+0.120%	$1.7M	$2.1M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004576	+0.153%	$739K	$6.1M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0627%	1h	0.004567	−0.044%	$70K	$116K	25x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004565	−0.088%	$532K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0811%	1h	0.004567	−0.041%	$1.1M	$3.5M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1013%	1h	0.004569	−0.009%	$706	$111K	10x	as long as short