Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.031%
Price spread now: Aster against Hyperliquid+0.069%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$380.381% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days−0.014%−$1 · spread now +0.069%, 7d avg −0.060%
Together, before fees−0.022%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.128% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −0.060%): +$13 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.008% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.008% in total (about -0.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid PUMP0.0043920.0393pay 0.0049% / 1h55m 45s$161.9M$54.8M10x
ShortAster PUMPUSDT0.0043950.0100get 0.0050% / 4h2h 55m$704K$2.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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

Funding earned
−$61.63
Price spread: +0.069% → −0.060%
$12.84
Slippage, 4 orders
−$21.08
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$86.87
Costs to cover
0.381%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Aster: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 8 min ago1.12 bp10.8 bp −$1126.4 bp −$264doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago3.40 bp10.3 bp −$1020.6 bp −$206doesn't fitdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD0.0000%1h0.004386−0.130%$20K$9K5xas long as short
Perpl PUMP0.0000%43m0.004385−0.159%$20K$202K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004389−0.068%$70K$124K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004387−0.122%$53K150xas long as short
Orderly PERP_PUMP_USDC+0.0058%4h0.004387−0.114%$41K$10K10xas long as short
Lighter PUMP+0.0096%1h0.004388−0.091%$2.8M$5.4M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004300−2.095%$26K$769K20xas long as short
Aster PUMPUSDTshort+0.0100%4h0.004395+0.069%$704K$2.3M50x
Pacifica PUMP+0.0100%1h0.004388−0.091%$474K$654K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004389−0.077%$78.8M$164.8M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PUMP-USDT-SWAP+0.0100%4h0.004390−0.046%$23.4M$96.4M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004428+0.822%$26K$167K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004386−0.137%$40K$57K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004393+0.023%$4.8M$10.3M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004395+0.068%$23.3M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004385−0.159%$17.5M$19.3M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004394+0.046%$12.9Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004387−0.123%$786K$176K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004424+0.736%$66K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004427+0.807%$1.2M$10.3M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004427+0.797%$139K$760K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004393+0.023%$101K$2.0M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004388−0.096%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004385−0.159%$2K$730K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004390−0.046%$275$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004386−0.137%$21K$119K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004393+0.023%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004391−0.029%$42K$2765xas long as short
Extended PUMP-USD+0.0104%1h0.004394+0.057%$3.7M$4.1M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004387−0.114%$70K$11K3xas long as short
01 Exchange PUMPUSD+0.0224%1h0.004388−0.091%$6K$72710xas long as short
Phoenix PUMP+0.0237%1h0.004419+0.612%$39K$95K10xas long as short
Nado PUMP-PERP+0.0297%1h0.004392+0.011%$1.6M$2.0M10xas long as short
RISEx PUMP/USDC+0.0322%1h0.004388−0.091%$479K$994K10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004396+0.091%$3.6M$4.3M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004391−0.027%$23xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0356% / S −0.0297%1h0.004387−0.114%$73K100xas long as short
Hyperliquid PUMPlong+0.0393%1h0.004392long leg$161.9M$54.8M10x
Coinbase International PUMP-PERP-INTX+0.0408%1h0.004393+0.023%$685K$5.6M50xas long as short
Injective PUMP/USDC PERP+0.0571%1h0.004419+0.615%$39K$203K12xas long as short
Aftermath Perps PUMPUSD+0.0707%1h0.004430+0.868%$388$109K10xas long as short
Kraken Futures PF_PUMPUSD+0.1266%1h0.004395+0.067%$1.3M$3.1M50xas long as short