Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Ondo Perps against Binance+0.822%7-day average −0.020% · you sell dearer than you buy

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

Long on Binance Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 4 days (all we have)−0.764%−$76 · spread now +0.822%, 7d avg −0.020%

Together, before fees−0.734%+ Points / potential airdropOndo Perps: Active · farm board−$73 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: Ondo Perps is 0.842% dearer against Binance than usual: you sell high and buy low, +$84 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PUMPUSDT	0.004392	0.0100	pay 0.0050% / 4h	2h 55m	$78.8M	$164.7M	75x
Short	Ondo Perps PUMP-USD.P	0.004428	0.0100	get 0.0013% / 1h	55m 17s	$26K	$167K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.822%Rate

Funding earned: $0
Price spread: +0.822% → −0.020%: $84.21
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $69.21
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Binance: live order book, 3 min ago; Ondo Perps: no order-book sample. 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 Binance live order book, 3 min ago	1.13 bp	7.8 bp −$8	17.6 bp −$176	64.1 bp −$6,405	280.6 bp −$140.3K
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
ApeX Omni PUMPUSDT	−0.0223%	1h	0.004404	+0.273%	$139K	$759K	50x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004386	−0.130%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004385	−0.159%	$20K	$202K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004390	−0.046%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004386	−0.136%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0058%	4h	0.004385	−0.159%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004389	−0.068%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−2.095%	$26K	$769K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004386	−0.145%	$702K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004388	−0.091%	$474K	$654K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDTlong	+0.0100%	4h	0.004392	long leg	$78.8M	$164.7M	75x
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004392	0.000%	$23.4M	$96.5M	50x	as long as short
Ondo Perps PUMP-USD.Pshort	+0.0100%	1h	0.004428	+0.822%	$26K	$167K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004386	−0.137%	$40K	$57K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004383	−0.205%	$4.8M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004392	0.000%	$23.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004393	+0.023%	$17.5M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004385	−0.159%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004387	−0.123%	$786K	$176K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004405	+0.301%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004395	+0.060%	$1.2M	$10.4M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004388	−0.091%	$101K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004388	−0.095%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004388	−0.091%	$1K	$731K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004390	−0.046%	$275	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004389	−0.068%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004393	+0.023%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004391	−0.029%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004387	−0.103%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004387	−0.114%	$70K	$11K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004382	−0.228%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004402	+0.219%	$39K	$103K	10x	as long as short
Nado PUMP-PERP	+0.0268%	1h	0.004384	−0.171%	$1.6M	$2.0M	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004385	−0.148%	$478K	$995K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004392	0.000%	$3.6M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004383	−0.209%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0357% / S −0.0297%	1h	0.004385	−0.159%	$73K	—	100x	as long as short
Hyperliquid PUMP	+0.0365%	1h	0.004389	−0.068%	$161.7M	$54.9M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004393	+0.023%	$685K	$5.6M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004401	+0.205%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0708%	1h	0.004422	+0.690%	$387	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1266%	1h	0.004395	+0.060%	$1.3M	$3.1M	50x	as long as short