Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0098%/8h= −10.8% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Bitget−0.181%7-day average — · you buy dearer than you sell

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

Long on Bitget Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.181% cheaper against Bitget than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PUMPUSDT	0.004473	0.0100	pay 0.0050% / 4h	2h 32m	$17.7M	$19.5M	75x
Short	gTrade (Gains Network) PUMP/USD	0.004465	L +0.0002% / S −0.0002%	get 0.0000% / 1h	32m 53s	$54K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee BitgetbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.181%Rate

Funding earned: −$20.66
Price spread: −0.181% → 0.000%: −$18.09
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$60.75
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 1 min ago; gTrade (Gains Network): 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 Bitget live order book, 1 min ago	2.24 bp	13.8 bp −$14	25.9 bp −$259	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 41 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	−0.0650%	1h	0.004473	+0.002%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004465	−0.179%	$18K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004464	−0.201%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USDshort	L +0.0002% / S −0.0002%	1h	0.004465	−0.181%	$54K	—	150x
Orderly PERP_PUMP_USDC	+0.0066%	4h	0.004463	−0.224%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004463	−0.224%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.632%	$27K	$768K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004464	−0.190%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004469	−0.089%	$723K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004467	−0.134%	$499K	$653K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004474	+0.021%	$80.7M	$166.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004476	+0.067%	$24.0M	$98.2M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004477	+0.096%	$21K	$170K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004465	−0.179%	$39K	$63K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004471	−0.045%	$4.9M	$10.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004475	+0.045%	$23.8M	$13.9M	50x	as long as short
Bitget PUMPUSDTlong	+0.0100%	4h	0.004473	long leg	$17.7M	$19.5M	75x
BingX PUMP-USDT	+0.0100%	4h	0.004472	−0.022%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004462	−0.241%	$794K	$185K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004476	+0.060%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004483	+0.224%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004476	+0.067%	$139K	$755K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004469	−0.089%	$102K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004463	−0.216%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004464	−0.201%	$2K	$736K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004465	−0.179%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004468	−0.112%	$21K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004461	−0.268%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004471	−0.045%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004473	+0.008%	$3.8M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004462	−0.246%	$71K	$8K	3x	as long as short
01 Exchange PUMPUSD	+0.0232%	1h	0.004467	−0.134%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004479	+0.127%	$42K	$103K	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004468	−0.123%	$487K	$990K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004465	−0.183%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0358% / S −0.0289%	1h	0.004466	−0.156%	$72K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004467	−0.134%	$720K	$5.7M	50x	as long as short
Hyperliquid PUMP	+0.0543%	1h	0.004470	−0.067%	$166.6M	$54.2M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004469	−0.089%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0715%	1h	0.004447	−0.577%	$390	$113K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1246%	1h	0.004467	−0.131%	$1.3M	$3.1M	50x	as long as short