Funding arb · Price arb / Crypto

PUMP

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LONGAZAZverse▾Phemex −0.0865%Reya −0.0450%Polymarket Perps −0.0233%GRVT −0.0198%BloFin −0.0191%Bullet −0.0170%Backpack −0.0101%AZverse −0.0101%TxFlow −0.0073%Orderly −0.0032%Popdex −0.0024%N1 −0.0016%Bybit −0.0010%Variational Omni −0.0005%dYdX 0.0000%Gate 0.0000%Perpl 0.0000%Deribit 0.0000%Nado +0.0010%Kraken Futures +0.0017%Injective +0.0033%Hyperliquid +0.0035%MEXC +0.0048%Binance +0.0052%edgeX +0.0058%ApeX Omni +0.0087%Lighter +0.0096%Aevo +0.0096%Paradex +0.0100%Aster +0.0100%Pacifica +0.0100%OKX +0.0100%Ondo Perps +0.0100%Arcus +0.0100%Bulk +0.0100%KuCoin +0.0100%Bitget +0.0100%BingX +0.0100%SunX +0.0100%SoDEX +0.0100%HTX +0.0100%Extended +0.0104%RISEx +0.0121%Phoenix +0.0189%Avantis +0.0237%gTrade (Gains Network) +0.0289%Aftermath Perps +0.0902%

⇄⇅

SHORTGMX▾Aftermath Perps +0.0902%GMX −0.0452%Phoenix +0.0189%RISEx +0.0121%Extended +0.0104%Aster +0.0100%Pacifica +0.0100%OKX +0.0100%Ondo Perps +0.0100%Arcus +0.0100%Bulk +0.0100%KuCoin +0.0100%Bitget +0.0100%BingX +0.0100%SunX +0.0100%SoDEX +0.0100%HTX +0.0100%Paradex +0.0100%Aevo +0.0096%Lighter +0.0096%ApeX Omni +0.0087%edgeX +0.0058%Binance +0.0052%MEXC +0.0048%Hyperliquid +0.0035%Injective +0.0033%Kraken Futures +0.0017%Nado +0.0010%dYdX 0.0000%Gate 0.0000%Perpl 0.0000%Deribit 0.0000%Variational Omni −0.0005%Bybit −0.0010%N1 −0.0016%Popdex −0.0024%Orderly −0.0032%gTrade (Gains Network) +0.0032%Avantis +0.0037%TxFlow −0.0073%Backpack −0.0101%Bullet −0.0170%BloFin −0.0191%GRVT −0.0198%Polymarket Perps −0.0233%Reya −0.0450%Phemex −0.0865%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AZAZversepump_usdt	0.004229	−0.0101	get 0.0013% / 1h	46m 20s	$798K	$197K	—	Long AZverse
SHORT	GMXPUMP/USD [WBTC.b-USDC]	0.004225	L +0.0309S −0.0452	get 0.0057% / 1h	46m 20s	$104K	$59K	50x	Short GMX5% off

Price gap−0.095%

Funding gap+0.0553% /8h

Funding trade: +$17 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

The current funding rate is far above what this pair has been paying: over the last 20 hours it paid +0.024% in total, about +0.0094%/8h on average.

Price and funding

Price spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Price spread?

Prices?

Funding?per 8h

PRICE SPREAD · 7D

Now−0.095%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

AZverseGMX

PUMP on 48 exchanges

lowest funding first

Before you open

2 ok · 1 to watch

• i
  Note: Order book unknown—

  No order-book sample for AZverse and GMX: its slippage is not counted.
• i
  Note: Margin at max leverage— + $200

  AZverse —, GMX 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long AZverse · 1h+$3.02

  Short GMX · 1h+$13.57

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$16.60Long AZverse: 24 payments, +$3.02; short GMX: 24 payments, +$13.57.
• i
  Note: Gap at its usual level−0.095% vs −0.087%

  The price leg adds little either way.
• !
  Watch: Short leg is thinner$104K vs $798K OI

  GMX sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• ✓
  OK: No KYC on either legAZverse No · GMX No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0094%/8h × 21 periods+$19.70

Price spread−0.095% → −0.087% (7d avg)−$0.74

Slippage, 4 ordersno data for AZverse and GMX—

Fee AZverse bp × 2 orders−$12.00

Fee GMX bp × 2 orders−$12.00

Net, fees only · 7 days · $10k−$5.03

Costs to cover0.240%Break-even8.8 days

Slippage: AZverse: no order-book sample; GMX: no order-book sample

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGAZverse—————

SELL · SHORTGMX—————

Closing costs about the same again.
AZverse and GMX: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

PUMP news

posts that mention PUMP, from every exchangeSearch all news →

10-23 09:05	Reya	Listing	new market PUMPRUSDPERP ($PUMP) seen by our collector
10-15 05:29	Derive	Listing	$PUMP options and perps are live on Derive. Block-size trades have already printed via RFQ. The order book is now just as tradeable, with deep liquidity on screen. @DeriveXYZ on X ↗
10-13 15:13	OKX	Other	Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗
10-13 13:51	Ondo Perps	Listing	New crypto perps campaign. New users can get up to 75% of fees back on crypto trades. The more volume you trade, the higher your fee rebate: ▸ $10K+ volume → get 10% of fees back ▸ $50K+ → get 25% back ▸ $250K+ → get 50% back ▸ $1M+ → get 75% back Crypto perps included in the campaign: ▸ $BTC ▸ $ETH ▸ $ZEC ▸ $SOL ▸ $ENA ▸ $XRP ▸ $HYPE ▸ $PUMP ▸ $ONDO Running from October 13 at 9AM ET to October 20 at 9AM ET. Limited to users who sign up for Ondo Perps after the campaign starts. Rebates are capped at $500 per user. Trade now → @OndoPerps on X ↗
10-06 07:18	Bullet	Listing	By popular demand, $PUMP perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗
10-06 06:57	Bullet	Listing	new market PUMP-USD ($PUMP) seen by our collector