Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance−0.090%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$440.443% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 7 days+0.136%+$14 · spread now −0.090%, 7d avg +0.003%

Together, before fees+0.180%+$18 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.093% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PUMPUSDT	0.004445	0.0100	pay 0.0050% / 4h	3h 34m	$81.0M	$170.5M	75x
Short	Bitget PUMPUSDT	0.004441	0.0100	get 0.0050% / 4h	3h 34m	$17.5M	$20.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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 BinancebpFee BitgetbpOrdersPrice spread, now −0.090%Rate

Funding earned: $0
Price spread: −0.090% → +0.003%: −$9.34
Slippage, 4 orders: −$22.32
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$53.67
Costs to cover: 0.443%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; Bitget: 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 Binance live order book, 9 min ago	1.13 bp	10.4 bp −$10	20.0 bp −$200	65.3 bp −$6,526	268.8 bp −$134.4K
Sell Bitget live order book, 4 min ago	4.53 bp	11.8 bp −$12	19.7 bp −$197	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	−0.4490%	1h	0.004441	−0.084%	$20K	$11K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004430	−0.337%	$18K	$239K	20x	as long as short
Gate PUMP_USDT	−0.0036%	4h	0.004441	−0.090%	$4.9M	$10.4M	75x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004432	−0.283%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004445	0.000%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.012%	$29K	$682K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004444	−0.011%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004443	−0.040%	$711K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004445	0.000%	$493K	$824K	10x	as long as short
Binance PUMPUSDTlong	+0.0100%	4h	0.004445	long leg	$81.0M	$170.5M	75x

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	0.004441	−0.090%	$24.3M	$97.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004431	−0.324%	$31K	$187K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004448	+0.067%	$62K	$99K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004448	+0.067%	$23.9M	$13.8M	50x	as long as short
Bitget PUMPUSDTshort	+0.0100%	4h	0.004441	−0.090%	$17.5M	$20.0M	75x
BingX PUMP-USDT	+0.0100%	4h	0.004446	+0.022%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004434	−0.241%	$791K	$208K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004430	−0.329%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004414	−0.697%	$1.2M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004435	−0.225%	$147K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004448	+0.067%	$105K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004434	−0.247%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004433	−0.276%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004429	−0.360%	$1K	$760K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004433	−0.270%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004434	−0.247%	$21K	$105K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004433	−0.270%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004449	+0.079%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004434	−0.247%	$66K	$13K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004433	−0.270%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0312%	1h	0.004445	+0.005%	$3.9M	$4.3M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004435	−0.225%	$3.7M	$4.4M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004422	−0.517%	$42K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004441	−0.095%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0360%	1h	0.004448	+0.067%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004423	−0.495%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0427%	1h	0.004435	−0.225%	$70K	$122K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004440	−0.112%	$709K	$5.8M	50x	as long as short
Hyperliquid PUMP	+0.0539%	1h	0.004448	+0.067%	$166.6M	$53.8M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004449	+0.083%	$529K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0661%	1h	0.004436	−0.199%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0999%	1h	0.004433	−0.275%	$499	$111K	10x	as long as short