Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against ApeX Omni+0.134%53s7-day average −0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as 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−$590.591% of the position

Long on ApeX Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−1.707%−$171 · spread now +0.134%, 7d avg −0.079%

Together, before fees−1.699%−$170 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: Bitget is 0.213% dearer against ApeX Omni than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of −0.079%. The two prices were read 53 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	0.004483	0.0100	pay 0.0013% / 1h	10m 43s	$149K	$752K	50x
Short	Bitget PUMPUSDT	0.004489	0.0100	get 0.0050% / 4h	2h 10m	$17.7M	$19.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.134%Rate

Funding earned: $0
Price spread: +0.134% → −0.079%: $21.31
Slippage, 4 orders: −$37.14
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$37.84
Costs to cover: 0.591%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 58 min ago; Bitget: live order book, 3 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, 58 min ago	7.83 bp	15.3 bp −$15	101.6 bp −$1,016	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	2.23 bp	12.4 bp −$12	27.8 bp −$278	doesn't fit	doesn't fit

PUMP on 41 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	−0.4690%	1h	0.004492	+0.203%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004499	+0.357%	$18K	$215K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004508	+0.558%	$72K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004503	+0.449%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0083%	4h	0.004506	+0.513%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004494	+0.245%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	+0.379%	$30K	$772K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004504	+0.480%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004497	+0.317%	$697K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004493	+0.223%	$522K	$717K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004491	+0.178%	$82.0M	$168.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004488	+0.112%	$24.4M	$99.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004482	−0.013%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004492	+0.201%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004495	+0.268%	$4.9M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004502	+0.424%	$23.9M	$14.0M	50x	as long as short
Bitget PUMPUSDTshort	+0.0100%	4h	0.004489	+0.134%	$17.7M	$19.8M	75x
BingX PUMP-USDT	+0.0100%	4h	0.004495	+0.268%	—	$13.0M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004505	+0.491%	$801K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004493	+0.224%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004488	+0.111%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDTlong	+0.0100%	1h	0.004483	long leg	$149K	$752K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004506	+0.513%	$99K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004507	+0.545%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004499	+0.357%	$2K	$745K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004508	+0.558%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004495	+0.268%	$21K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004506	+0.513%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004494	+0.247%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004506	+0.513%	$72K	$8K	3x	as long as short
Extended PUMP-USD	+0.0208%	1h	0.004490	+0.165%	$3.8M	$4.3M	50x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004496	+0.292%	$43K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0312%	1h	0.004505	+0.491%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004495	+0.264%	$531K	$1.1M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004505	+0.485%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0364% / S −0.0294%	1h	0.004503	+0.446%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004508	+0.558%	$717K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004513	+0.669%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0745%	1h	0.004505	+0.491%	$168.8M	$55.6M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0854%	1h	0.004499	+0.353%	$594	$112K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1233%	1h	0.004515	+0.708%	$1.3M	$3.1M	50x	as long as short