Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Nado against BingX+0.158%7-day average +0.061% · 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−$19as in the Price arb table

costs, in and out, $10k−$290.291% of the position

Long on BingX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.002%$0 on $10k

Price spread, last 7 days−0.089%−$9 · spread now +0.158%, 7d avg +0.061%

Together, before fees−0.091%+ Points / potential airdropNado: Active · farm board−$9 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: Nado is 0.097% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PUMP-USDT	0.004422	0.0100	pay 0.0050% / 4h	2h 40m	—	$13.7M	—
Short	Nado PUMP-PERP	0.004429	0.0100	get 0.0012% / 1h	40m 25s	$1.6M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against BingX. 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 BingXbpFee NadobpOrdersPrice spread, now +0.158%Rate

Funding earned: $0
Price spread: +0.158% → +0.061%: $9.69
Slippage, 4 orders: −$12.08
Fee BingX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$19.38
Costs to cover: 0.291%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; Nado: live order book, 3 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 BingX live order book, 8 min ago	1.11 bp	7.4 bp −$7	14.0 bp −$140	32.3 bp −$3,225	118.0 bp −$59.0K
Sell Nado live order book, 3 min ago	1.12 bp	7.0 bp −$7	20.7 bp −$207	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	−0.0021%	1h	0.004431	+0.210%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004423	+0.023%	$18K	$238K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004456	+0.769%	$69K	$115K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004422	+0.001%	$54K	—	150x	as long as short
Gate PUMP_USDT	+0.0050%	4h	0.004422	0.000%	$4.9M	$10.3M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004434	+0.271%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.498%	$28K	$618K	20x	as long as short
Nado PUMP-PERPshort	+0.0100%	1h	0.004429	+0.158%	$1.6M	$2.0M	10x
Aster PUMPUSDT	+0.0100%	4h	0.004422	−0.010%	$704K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004433	+0.249%	$531K	$761K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004423	+0.031%	$80.7M	$164.7M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004423	+0.023%	$24.4M	$93.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004458	+0.823%	$32K	$161K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004437	+0.339%	$64K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004435	+0.294%	$23.8M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004425	+0.068%	$17.6M	$18.6M	75x	as long as short
BingX PUMP-USDTlong	+0.0100%	4h	0.004422	long leg	—	$13.7M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004445	+0.527%	$797K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004475	+1.204%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004489	+1.515%	$1.3M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004472	+1.131%	$151K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004435	+0.294%	$109K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004426	+0.090%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004455	+0.739%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004455	+0.746%	$2K	$736K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004456	+0.769%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004463	+0.927%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004448	+0.588%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004435	+0.289%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004432	+0.233%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004426	+0.090%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0200%	1h	0.004420	−0.045%	$53K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004439	+0.384%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004448	+0.588%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004425	+0.065%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004478	+1.266%	$46K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004453	+0.701%	$706K	$5.4M	50x	as long as short
Hyperliquid PUMP	+0.0523%	1h	0.004437	+0.339%	$166.0M	$48.7M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004483	+1.379%	$39K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004438	+0.373%	$527K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0821%	1h	0.004457	+0.786%	$1.0M	$3.2M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1093%	1h	0.004475	+1.191%	$518	$103K	10x	as long as short