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: Bitget against Arcus+0.340%7-day average — · 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−$9as in the Price arb table

costs, in and out, $10k−$430.434% of the position

Long on Arcus Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.340% dearer against Arcus than usual: you sell high and buy low, +$34 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus PUMP-USD	0.004409	0.0100	pay 0.0013% / 1h	32m 06s	$62K	$102K	10x
Short	Bitget PUMPUSDT	0.004424	0.0100	get 0.0050% / 4h	32m 06s	$17.7M	$20.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Arcus. 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 ArcusbpFee BitgetbpOrdersPrice spread, now +0.340%Rate

Funding earned: $0
Price spread: +0.340% → 0.000%: $34.02
Slippage, 4 orders: −$26.91
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$9.38
Costs to cover: 0.434%
Break-even: never at this rate

Slippage from Arcus: live order book, 17 min ago; Bitget: live order book, 2 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 Arcus live order book, 17 min ago	5.75 bp	8.0 bp −$8	13.1 bp −$131	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.28 bp	11.2 bp −$11	26.6 bp −$266	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	−0.0001%	1h	0.004401	−0.177%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004421	+0.272%	$19K	$235K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004423	+0.326%	$56K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0015%	1h	0.004426	+0.381%	$784K	$200K	5x	as long as short
Lighter PUMP	+0.0096%	1h	0.004422	+0.295%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.204%	$28K	$823K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004421	+0.272%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004426	+0.383%	$703K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004401	−0.181%	$491K	$821K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004421	+0.272%	$80.5M	$173.8M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004425	+0.363%	$24.0M	$98.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004370	−0.894%	$36K	$181K	5x	as long as short
Arcus PUMP-USDlong	+0.0100%	1h	0.004409	long leg	$62K	$102K	10x
Gate PUMP_USDT	+0.0100%	4h	0.004423	+0.318%	$4.9M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004426	+0.386%	$23.7M	$13.9M	50x	as long as short
Bitget PUMPUSDTshort	+0.0100%	4h	0.004424	+0.340%	$17.7M	$20.1M	75x
BingX PUMP-USDT	+0.0100%	4h	0.004423	+0.318%	—	$13.0M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004372	−0.846%	$64K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004372	−0.837%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004376	−0.748%	$145K	$755K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004421	+0.272%	$102K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004421	+0.272%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004420	+0.257%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004414	+0.113%	$2K	$769K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004420	+0.249%	$277	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004415	+0.136%	$21K	$112K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004420	+0.249%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004404	−0.115%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004417	+0.181%	$70K	$8K	3x	as long as short
Extended PUMP-USD	+0.0184%	1h	0.004419	+0.235%	$3.8M	$4.3M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0202%	1h	0.004422	+0.295%	$70K	$123K	25x	as long as short
01 Exchange PUMPUSD	+0.0248%	1h	0.004408	−0.023%	$6K	$727	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004423	+0.318%	$53K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004391	−0.408%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004422	+0.289%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004374	−0.801%	$42K	$120K	10x	as long as short
Hyperliquid PUMP	+0.0410%	1h	0.004431	+0.499%	$166.3M	$56.6M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004427	+0.408%	$701K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004412	+0.077%	$524K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004378	−0.703%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0801%	1h	0.004422	+0.300%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0875%	1h	0.004380	−0.648%	$579	$114K	10x	as long as short