Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.071%

Price spread now: RISEx against Binance+0.079%7-day average +0.037% · 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−$21as in the Price arb table

costs, in and out, $10k−$250.250% of the position

Long on Binance Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.193%+$19 on $10k

Price spread, last 7 days−0.024%−$2 · spread now +0.079%, 7d avg +0.037%

Together, before fees+0.168%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and RISEx is 0.042% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PUMPUSDT	0.004379	0.0100	pay 0.0050% / 4h	4m 09s	$78.2M	$164.7M	75x
Short	RISEx PUMP/USDC	0.004383	0.0194	get 0.0024% / 1h	4m 09s	$489K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.079%Rate

Funding earned: $19.74
Price spread: +0.079% → +0.037%: $4.19
Slippage, 4 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$1.07
Costs to cover: 0.250%
Break-even: 7.4 days

Slippage from Binance: live order book, 9 min ago; RISEx: 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	1.14 bp	8.0 bp −$8	17.0 bp −$170	69.9 bp −$6,989	319.3 bp −$159.6K
Sell RISEx live order book, 4 min ago	1.14 bp	4.1 bp −$4	9.4 bp −$94	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	−0.0047%	1h	0.004379	+0.009%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004381	+0.045%	$18K	$207K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004382	+0.067%	$70K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004382	+0.061%	$55K	—	150x	as long as short
OKX PUMP-USDT-SWAP	+0.0023%	4h	0.004379	−0.001%	$23.0M	$97.2M	50x	as long as short
Orderly PERP_PUMP_USDC	+0.0030%	4h	0.004380	+0.022%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004380	+0.022%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.805%	$31K	$773K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004383	+0.083%	$42K	—	5x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004381	+0.054%	$730K	$2.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PUMP	+0.0100%	1h	0.004383	+0.090%	$459K	$604K	10x	as long as short
Binance PUMPUSDTlong	+0.0100%	4h	0.004379	long leg	$78.2M	$164.7M	75x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004375	−0.090%	$26K	$165K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004382	+0.067%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004381	+0.045%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004383	+0.090%	$23.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004381	+0.045%	$17.5M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004379	−0.001%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004380	+0.017%	$780K	$182K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004375	−0.092%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004378	−0.031%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004377	−0.047%	$138K	$761K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004381	+0.056%	$1.6M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004385	+0.136%	$96K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004381	+0.054%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004380	+0.022%	$2K	$722K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004379	−0.001%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004377	−0.047%	$21K	$137K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004378	−0.024%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004379	−0.009%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004379	−0.001%	$72K	$18K	3x	as long as short
Hyperliquid PUMP	+0.0149%	1h	0.004387	+0.182%	$161.3M	$53.3M	10x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004380	+0.033%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004382	+0.067%	$39K	$207K	12x	as long as short
RISEx PUMP/USDCshort	+0.0194%	1h	0.004383	+0.079%	$489K	$1.0M	10x
01 Exchange PUMPUSD	+0.0208%	1h	0.004384	+0.113%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004385	+0.136%	$695K	$5.6M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0340% / S −0.0281%	1h	0.004380	+0.022%	$74K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004374	−0.115%	$3.5M	$4.1M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004380	+0.019%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0487%	1h	0.004378	−0.013%	$382	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0862%	1h	0.004385	+0.130%	$1.3M	$3.5M	50x	as long as short