Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h +0.020%
Price spread now: Coinbase International against Bitget0.000%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$560.561% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.022%−$2 on $10k
Price spread, last 3 days (all we have)−0.033%−$3 · spread now 0.000%, 7d avg +0.026%
Together, before fees−0.055%−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.026% cheaper against Bitget than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.026%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$9 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.022% in total (about -1.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PUMPUSDT0.0044070.0100pay 0.0050% / 4h2h 51m$17.6M$19.2M75x
ShortCoinbase International PUMP-PERP-INTX0.0044070.0408get 0.0051% / 1h51m 02s$702K$5.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Bitget. 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

Funding earned
$64.68
Price spread: 0.000% → +0.026%
−$2.64
Slippage, 4 orders
−$34.05
Fee Bitget: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$5.99
Costs to cover
0.561%
Break-even
6.4 days
Slippage from Bitget: live order book, 3 min ago; Coinbase International: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago1.13 bp15.4 bp −$1528.0 bp −$280doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago6.82 bp17.7 bp −$1828.1 bp −$281doesn't fitdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD0.0000%1h0.004400−0.159%$20K$9K5xas long as short
Perpl PUMP0.0000%43m0.004405−0.045%$20K$200K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004402−0.113%$70K$124K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004401−0.135%$53K150xas long as short
Orderly PERP_PUMP_USDC+0.0059%4h0.004403−0.091%$41K$10K10xas long as short
Gate PUMP_USDT+0.0080%4h0.004404−0.068%$4.8M$10.4M75xas long as short
Lighter PUMP+0.0096%1h0.0044070.000%$2.8M$5.4M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−0.159%$27K$771K20xas long as short
Aster PUMPUSDT+0.0100%4h0.004404−0.059%$699K$2.3M50xas long as short
Pacifica PUMP+0.0100%1h0.004398−0.204%$475K$654K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PUMPUSDT+0.0100%4h0.004408+0.030%$79.1M$164.6M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004410+0.068%$23.5M$96.5M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004393−0.327%$26K$166K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004401−0.136%$39K$60K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004408+0.023%$23.4M$13.9M50xas long as short
Bitget PUMPUSDTlong+0.0100%4h0.004407long leg$17.6M$19.2M75x
BingX PUMP-USDT+0.0100%4h0.004406−0.023%$12.8Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.0044070.000%$785K$179K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004401−0.142%$64K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004408+0.024%$1.2M$10.4M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004409+0.045%$139K$758K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004405−0.045%$102K$2.0M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004403−0.093%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004401−0.136%$2K$732K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004406−0.023%$276$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004400−0.159%$21K$118K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004405−0.045%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004398−0.214%$42K$2765xas long as short
Extended PUMP-USD+0.0104%1h0.004403−0.092%$3.7M$4.1M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004402−0.113%$70K$9K3xas long as short
Nado PUMP-PERP+0.0114%1h0.004401−0.125%$1.6M$2.0M10xas long as short
01 Exchange PUMPUSD+0.0208%1h0.004404−0.068%$6K$72710xas long as short
Phoenix PUMP+0.0235%1h0.004413+0.132%$39K$103K10xas long as short
RISEx PUMP/USDC+0.0322%1h0.004406−0.024%$481K$995K10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004406−0.023%$3.6M$4.3M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004400−0.163%$23xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0358% / S −0.0298%1h0.004401−0.136%$73K100xas long as short
Coinbase International PUMP-PERP-INTXshort+0.0408%1h0.0044070.000%$702K$5.6M50x
Hyperliquid PUMP+0.0421%1h0.004414+0.159%$162.6M$53.9M10xas long as short
Injective PUMP/USDC PERP+0.0571%1h0.004408+0.023%$39K$203K12xas long as short
Aftermath Perps PUMPUSD+0.0706%1h0.004411+0.080%$386$110K10xas long as short
Kraken Futures PF_PUMPUSD+0.1262%1h0.004410+0.077%$1.3M$3.1M50xas long as short