PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0725%/8h= +79.4% APRnext payment +$0.91 per $10,000 · paid last 24h +0.103%

Price spread now: Aftermath Perps against Phoenix+0.531%63s7-day average −0.027% · 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—prices read too far apart to compare

costs, in and out, $10k−$850.849% of the position

Long on Phoenix Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.316%+$32 on $10k

Price spread, last 4 days (all we have)−0.462%−$46 · spread now +0.531%, 7d avg −0.027%

Together, before fees−0.146%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Aftermath Perps is 0.558% dearer against Phoenix than usual: you sell high and buy low: +$56 more if the spread goes back to its 7-day average of −0.027%. The two prices were read 63 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	Phoenix PUMP	0.004433	0.0356	pay 0.0045% / 1h	20m 00s	$45K	$119K	10x
Short	Aftermath Perps PUMPUSD	0.004457	0.1081	get 0.0135% / 1h	20m 00s	$717	$104K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Phoenix. 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 PhoenixbpFee Aftermath PerpsbpOrdersPrice spread, now +0.531%Rate

Funding earned: $152.22
Price spread: +0.531% → −0.027%: $55.78
Slippage, 4 orders: −$68.92
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $123.07
Costs to cover: 0.849%
Break-even: 1.3 days

Slippage from Phoenix: live order book, 13 min ago; Aftermath Perps: live order book, 29 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 Phoenix live order book, 13 min ago	2.02 bp	16.1 bp −$16	58.4 bp −$584	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 29 min ago	5.12 bp	21.2 bp −$21	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	−0.0010%	1h	0.004491	+1.313%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004499	+1.489%	$18K	$246K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004499	+1.485%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004500	+1.511%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.744%	$33K	$640K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004501	+1.532%	$717K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004498	+1.466%	$541K	$774K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004502	+1.557%	$82.5M	$166.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004506	+1.647%	$24.7M	$96.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004484	+1.155%	$26K	$167K	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	0.004503	+1.579%	$65K	$103K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004498	+1.466%	$5.0M	$10.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004502	+1.557%	$24.2M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004503	+1.579%	$17.8M	$18.5M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004499	+1.489%	—	$13.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004500	+1.520%	$810K	$202K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004433	−0.007%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004444	+0.249%	$1.2M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004433	0.000%	$149K	$748K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004501	+1.534%	$115K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004499	+1.489%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004496	+1.426%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004498	+1.466%	$2K	$748K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004499	+1.489%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004492	+1.331%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004499	+1.489%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004498	+1.472%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004494	+1.376%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0107%	8h	0.004503	+1.571%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0109%	1h	0.004501	+1.545%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004498	+1.466%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004498	+1.466%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004479	+1.038%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004501	+1.529%	$2	—	3x	as long as short
Phoenix PUMPlong	+0.0356%	1h	0.004433	long leg	$45K	$119K	10x
Deribit PUMP_USDC-PERPETUAL	+0.0417%	1h	0.004499	+1.489%	$70K	$115K	25x	as long as short
Hyperliquid PUMP	+0.0427%	1h	0.004503	+1.579%	$167.8M	$50.0M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004505	+1.624%	$726K	$5.6M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004484	+1.150%	$38K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004504	+1.594%	$535K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0814%	1h	0.004500	+1.518%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSDshort	+0.1081%	1h	0.004457	+0.531%	$717	$104K	10x