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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0582%/8h= +63.8% APRnext payment +$0.73 per $10,000 · paid last 24h +0.068%
Price spread now: RISEx against ApeX Omni+0.018%54s7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.404% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.209%+$21 on $10k
Price spread, last 4 days (all we have)−0.405%−$40 · spread now +0.018%, 7d avg −0.040%
Together, before fees−0.196%−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and RISEx is 0.058% dearer against ApeX Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.040%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.209% in total (about 21.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.73 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni PUMPUSDT0.0044860.0100pay 0.0013% / 1h55m 56s$151K$748K50x
ShortRISEx PUMP/USDC0.0044870.0682get 0.0085% / 1h55m 56s$533K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
$122.3
Price spread: +0.018% → −0.040%
$5.77
Slippage, 4 orders
−$24.35
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$87.72
Costs to cover
0.404%
Break-even
2.0 days
Slippage from ApeX Omni: live order book, 58 min ago; RISEx: 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 ApeX Omni live order book, 58 min ago5.63 bp14.1 bp −$14102.8 bp −$1,028doesn't fitdoesn't fit
Sell RISEx live order book, 3 min ago3.34 bp6.3 bp −$615.3 bp −$153doesn'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%1h0.004488+0.047%$21K$11K5xas long as short
Perpl PUMP0.0000%43m0.004481−0.111%$18K$238K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004482−0.089%$70K$117K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004481−0.109%$56K150xas long as short
Gate PUMP_USDT+0.0082%4h0.004482−0.089%$5.0M$10.3M75xas long as short
Lighter PUMP+0.0096%1h0.004482−0.089%$2.9M$4.6M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−1.917%$28K$635K20xas long as short
Nado PUMP-PERP+0.0100%1h0.004481−0.111%$1.6M$2.0M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004482−0.095%$712K$2.2M50xas long as short
Pacifica PUMP+0.0100%1h0.0044860.000%$537K$763K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PUMPUSDT+0.0100%4h0.004480−0.134%$81.7M$164.5M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004478−0.178%$24.6M$95.0M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004497+0.245%$32K$179K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004485−0.022%$65K$101K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.0044860.000%$24.1M$13.6M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004477−0.201%$17.7M$18.5M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004483−0.067%$12.8Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004478−0.174%$800K$203K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004489+0.065%$66K$3.2M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004492+0.134%$1.2M$10.2M10xas long as short
ApeX Omni PUMPUSDTlong+0.0100%1h0.004486long leg$151K$748K50x
Polymarket Perps PUMP-USD+0.0100%1h0.004484−0.045%$108K$2.0M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004483−0.067%$42K$11K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004482−0.084%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004481−0.111%$2K$738K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004481−0.111%$281$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004478−0.178%$21K$93K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.0044860.000%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0103%8h0.004483−0.058%$43K$2765xas long as short
Aevo PUMP-PERP+0.0104%1h0.004484−0.045%$67K$10K3xas long as short
Extended PUMP-USD+0.0240%1h0.004482−0.083%$3.9M$3.7M50xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0271% / S −0.0198%1h0.004480−0.134%$54K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004498+0.267%$3.7M$4.5M75xas long as short
Phoenix PUMP+0.0342%1h0.004485−0.022%$46K$119K10xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004480−0.139%$23xas long as short
01 Exchange PUMPUSD+0.0352%1h0.004488+0.045%$6K$60010xas long as short
Coinbase International PUMP-PERP-INTX+0.0480%1h0.004490+0.089%$716K$5.5M50xas long as short
Hyperliquid PUMP+0.0536%1h0.004484−0.045%$168.0M$50.2M10xas long as short
Injective PUMP/USDC PERP+0.0571%1h0.004498+0.267%$39K$204K12xas long as short
RISEx PUMP/USDCshort+0.0682%1h0.004487+0.018%$533K$1.0M10x
Kraken Futures PF_PUMPUSD+0.0817%1h0.004483−0.059%$1.0M$3.3M50xas long as short
Aftermath Perps PUMPUSD+0.1138%1h0.004485−0.016%$520$105K10xas long as short