Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.001%

Price spread now: Gate against ApeX Omni+0.092%66s7-day average −0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as 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−$720.722% of the position

Long on ApeX Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 3 days (all we have)−0.294%−$29 · spread now +0.092%, 7d avg −0.082%

Together, before fees−0.371%−$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.174% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of −0.082%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days. The two prices were read 66 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	0.004366	0.0100	pay 0.0013% / 1h	44m 19s	$138K	$759K	50x
Short	Gate PUMP_USDT	0.004370	0.0066	get 0.0033% / 4h	3h 44m	$4.7M	$10.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.092%Rate

Funding earned: −$7.14
Price spread: +0.092% → −0.082%: $17.41
Slippage, 4 orders: −$47.23
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$61.96
Costs to cover: 0.722%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 30 min ago; Gate: live order book, 4 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, 30 min ago	8.00 bp	15.6 bp −$16	102.0 bp −$1,020	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	3.44 bp	19.7 bp −$20	41.9 bp −$419	76.4 bp −$7,643	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
Backpack PUMP_USDC_PERP	−0.0200%	1h	0.004372	+0.133%	$779K	$178K	5x	as long as short
dYdX PUMP-USD	−0.0021%	1h	0.004374	+0.190%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004372	+0.137%	$18K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004366	0.000%	$69K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004369	+0.060%	$55K	—	150x	as long as short
OKX PUMP-USDT-SWAP	+0.0031%	4h	0.004365	−0.023%	$22.8M	$96.8M	50x	as long as short
Orderly PERP_PUMP_USDC	+0.0041%	4h	0.004366	0.000%	$41K	$10K	10x	as long as short
Gate PUMP_USDTshort	+0.0066%	4h	0.004370	+0.092%	$4.7M	$10.5M	75x
Lighter PUMP	+0.0096%	1h	0.004367	+0.023%	$2.9M	$5.3M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.512%	$33K	$775K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004372	+0.131%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004372	+0.126%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004371	+0.105%	$716K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004373	+0.160%	$456K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004367	+0.026%	$78.1M	$163.8M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004364	−0.048%	$26K	$165K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004372	+0.137%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004371	+0.115%	$23.2M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004369	+0.069%	$17.5M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004368	+0.046%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004357	−0.216%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004361	−0.124%	$1.2M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDTlong	+0.0100%	1h	0.004366	long leg	$138K	$759K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004375	+0.206%	$96K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004367	+0.013%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004367	+0.023%	$2K	$722K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004366	0.000%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004364	−0.046%	$21K	$136K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004367	+0.023%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004365	−0.032%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004368	+0.046%	$70K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0200%	1h	0.004375	+0.206%	$6K	$830	10x	as long as short
Hyperliquid PUMP	+0.0237%	1h	0.004373	+0.160%	$160.9M	$53.2M	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004370	+0.080%	$40K	$99K	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004373	+0.150%	$478K	$1.0M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004366	0.000%	$3.5M	$4.1M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004366	−0.004%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0345% / S −0.0288%	1h	0.004366	0.000%	$74K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004376	+0.229%	$689K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004368	+0.046%	$38K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0533%	1h	0.004368	+0.036%	$381	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0941%	1h	0.004371	+0.125%	$1.3M	$3.5M	50x	as long as short