Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.031%

Price spread now: SunX against Backpack+0.042%7-day average +0.048% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.253%+$25 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.042%, 7d avg +0.048%

Together, before fees+0.265%+$27 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack PUMP_USDC_PERP	0.004528	0.0100	pay 0.0013% / 1h	9m 04s	$810K	$199K	5x
Short	SunX PUMP-USDT	0.004530	0.0100	get 0.0050% / 4h	1h 09m	$2K	$769K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Backpack. 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 BackpackbpFee SunXbpOrdersPrice spread, now +0.042%Rate

Funding earned: $0
Price spread: +0.042% → +0.048%: −$0.6
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$18.6
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 35 min ago; SunX: live order book, 53 min ago. Net counts fees only.

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 Backpack live order book, 35 min ago	3.41 bp	9.2 bp −$9	15.0 bp −$150	doesn't fit	doesn't fit
Sell SunX live order book, 53 min ago	501.15 bp	doesn't fit	doesn't fit	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	−0.0006%	1h	0.004522	−0.135%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004527	−0.024%	$18K	$266K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004528	−0.006%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0088%	4h	0.004525	−0.068%	$5.0M	$10.5M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004529	+0.020%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.621%	$29K	$642K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004528	−0.009%	$828K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004525	−0.068%	$534K	$859K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004529	+0.015%	$83.0M	$172.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004525	−0.068%	$24.9M	$98.6M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004519	−0.205%	$27K	$156K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004528	−0.002%	$65K	$100K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004531	+0.064%	$24.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004526	−0.046%	$17.8M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004525	−0.068%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERPlong	+0.0100%	1h	0.004528	long leg	$810K	$199K	5x
edgeX PUMPUSDC	+0.0100%	4h	0.004518	−0.224%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004533	+0.101%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004537	+0.197%	$153K	$745K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004532	+0.086%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004528	−0.002%	$43K	$2K	10x	as long as short
SunX PUMP-USDTshort	+0.0100%	4h	0.004530	+0.042%	$2K	$769K	20x
SoDEX PUMP-USD	+0.0100%	1h	0.004528	−0.002%	$284	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004529	+0.020%	$22K	$83K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004528	−0.002%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004526	−0.057%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004528	+0.002%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004526	−0.046%	$67K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0211%	1h	0.004531	+0.059%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004527	−0.024%	$65K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004531	+0.064%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004531	+0.064%	$3.8M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004528	−0.008%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004538	+0.230%	$48K	$139K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0413%	1h	0.004530	+0.042%	$69K	$116K	25x	as long as short
Hyperliquid PUMP	+0.0505%	1h	0.004533	+0.108%	$169.4M	$50.9M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004534	+0.130%	$731K	$5.9M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0545%	1h	0.004530	+0.049%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004537	+0.197%	$38K	$205K	12x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004528	+0.003%	$540K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1022%	1h	0.004531	+0.061%	$501	$112K	10x	as long as short