Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: BingX against ApeX Omni+0.271%83s7-day average −0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$520.519% of the position

Long on ApeX Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−0.931%−$93 · spread now +0.271%, 7d avg −0.097%

Together, before fees−0.920%−$92 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: BingX is 0.368% dearer against ApeX Omni than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of −0.097%. The two prices were read 83 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	ApeX Omni PUMPUSDT	0.004433	0.0100	pay 0.0013% / 1h	4m 08s	$147K	$756K	50x
Short	BingX PUMP-USDT	0.004445	0.0100	get 0.0050% / 4h	4m 08s	—	$12.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against ApeX Omni. 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 ApeX OmnibpFee BingXbpOrdersPrice spread, now +0.271%Rate

Funding earned: $0
Price spread: +0.271% → −0.097%: $36.76
Slippage, 4 orders: −$31.87
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$15.11
Costs to cover: 0.519%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 55 min ago; BingX: live order book, 9 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 ApeX Omni live order book, 55 min ago	9.10 bp	17.5 bp −$17	113.1 bp −$1,131	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	1.13 bp	11.2 bp −$11	15.1 bp −$151	39.3 bp −$3,926	148.9 bp −$74.4K

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	−0.4691%	1h	0.004425	−0.178%	$20K	$9K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004428	−0.113%	$19K	$237K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004435	+0.052%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004447	+0.316%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.744%	$29K	$780K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004434	+0.034%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004433	−0.002%	$703K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004426	−0.158%	$496K	$823K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004446	+0.293%	$80.9M	$172.7M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004446	+0.293%	$24.2M	$98.0M	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	0.004428	−0.106%	$31K	$192K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004431	−0.045%	$62K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004441	+0.180%	$4.9M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004449	+0.361%	$23.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004446	+0.293%	$17.5M	$20.0M	75x	as long as short
BingX PUMP-USDTshort	+0.0100%	4h	0.004445	+0.271%	—	$12.9M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004447	+0.311%	$793K	$206K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004432	−0.034%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004429	−0.091%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDTlong	+0.0100%	1h	0.004433	long leg	$147K	$756K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004435	+0.045%	$103K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004437	+0.090%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004436	+0.062%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004430	−0.068%	$1K	$768K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004443	+0.226%	$279	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004424	−0.203%	$21K	$105K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004446	+0.293%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004426	−0.157%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004438	+0.113%	$66K	$13K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004435	+0.045%	$53K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0280%	1h	0.004431	−0.045%	$6K	$625	10x	as long as short
Extended PUMP-USD	+0.0288%	1h	0.004440	+0.163%	$3.9M	$4.3M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004422	−0.248%	$3.6M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004437	+0.085%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004430	−0.063%	$42K	$120K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004450	+0.383%	$705K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0481%	1h	0.004452	+0.429%	$166.8M	$54.9M	10x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004431	−0.045%	$526K	$1.0M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0652%	1h	0.004439	+0.135%	$70K	$122K	25x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004428	−0.113%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0797%	1h	0.004448	+0.331%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1008%	1h	0.004432	−0.028%	$585	$112K	10x	as long as short