Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0208%/8h= +22.7% APRpaid last 24h +0.003%

Price spread now: Nado against Bitget+0.109%7-day average +0.048% · 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−$36as in the Price arb table

costs, in and out, $10k−$420.417% of the position

Long on Bitget Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)0.000%$0 on $10k

Price spread, last 7 days−0.104%−$10 · spread now +0.109%, 7d avg +0.048%

Together, before fees−0.104%+ Points / potential airdropNado: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Nado is 0.060% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.048%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.000% in total (about -0.0% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PUMPUSDT	0.004593	0.0100	pay 0.0050% / 4h	3h 05m	$18.2M	$19.1M	75x
Short	Nado PUMP-PERP	0.004598	0.0308	get 0.0038% / 1h	5m 03s	$1.7M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.109%Rate

Funding earned: $43.59
Price spread: +0.109% → +0.048%: $6.04
Slippage, 4 orders: −$22.7
Fee Bitget: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $7.93
Costs to cover: 0.417%
Break-even: 5.7 days

Slippage from Bitget: live order book, 4 min ago; Nado: 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 Bitget live order book, 4 min ago	2.18 bp	12.6 bp −$13	28.8 bp −$288	doesn't fit	doesn't fit
Sell Nado live order book, 4 min ago	1.09 bp	6.5 bp −$6	26.1 bp −$261	doesn't fit	doesn't fit

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	−0.2848%	1h	0.004590	−0.065%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004593	0.000%	$18K	$261K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0003%	1h	0.004588	−0.110%	$61K	—	150x	as long as short
Gate PUMP_USDT	+0.0052%	4h	0.004590	−0.065%	$4.9M	$10.2M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004594	+0.022%	$3.0M	$4.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−2.025%	$30K	$667K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004596	+0.065%	$171.0M	$49.6M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004590	−0.065%	$866K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004595	+0.044%	$525K	$857K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004592	−0.030%	$83.8M	$175.6M	75x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004589	−0.087%	$25.2M	$103.5M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004595	+0.044%	$27K	$155K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004597	+0.087%	$51K	$152K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004596	+0.065%	$25.2M	$13.9M	50x	as long as short
Bitget PUMPUSDTlong	+0.0100%	4h	0.004593	long leg	$18.2M	$19.1M	75x
BingX PUMP-USDT	+0.0100%	4h	0.004590	−0.065%	—	$14.6M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004592	−0.026%	$822K	$212K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004592	−0.023%	$68K	$3.3M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004587	−0.131%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004595	+0.044%	$163K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004594	+0.022%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004595	+0.044%	$43K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004595	+0.044%	$2K	$785K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004593	0.000%	$252	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004588	−0.109%	$22K	$126K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004591	−0.044%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004597	+0.085%	$44K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004593	+0.006%	$3.9M	$4.0M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004591	−0.044%	$68K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004585	−0.174%	$66K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0304%	1h	0.004598	+0.109%	$6K	$600	10x	as long as short
Nado PUMP-PERPshort	+0.0308%	1h	0.004598	+0.109%	$1.7M	$2.1M	10x
Phoenix PUMP	+0.0332%	1h	0.004593	−0.007%	$45K	$146K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004592	−0.022%	$3.8M	$4.8M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004595	+0.038%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	−0.239%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0403%	1h	0.004597	+0.087%	$70K	$109K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004601	+0.174%	$748K	$6.3M	50x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004597	+0.087%	$555K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0806%	1h	0.004596	+0.070%	$1.1M	$3.5M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0962%	1h	0.004589	−0.095%	$508	$103K	10x	as long as short