Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0470%/8h= +51.5% APRpaid last 24h +0.068%

Price spread now: RISEx against Bitget−0.034%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on Bitget Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.198%+$20 on $10k

Price spread, last 7 days+0.046%+$5 · spread now −0.034%, 7d avg +0.033%

Together, before fees+0.243%+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.067% cheaper against Bitget than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.033%). If the spread goes back, that is −$7 on $10k: about 11 hours of funding at the current rate (+$14 a day). At the pace of the last 4 days (+0.198% in total) that is about 29 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PUMPUSDT	0.004373	0.0100	pay 0.0050% / 4h	52m 33s	$17.5M	$20.2M	75x
Short	RISEx PUMP/USDC	0.004372	0.0570	get 0.0071% / 1h	52m 33s	$520K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.034%Rate

Funding earned: $98.68
Price spread: −0.034% → +0.033%: −$6.72
Slippage, 4 orders: −$18.76
Fee Bitget: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: $55.19
Costs to cover: 0.368%
Break-even: 3.1 days

Slippage from Bitget: live order book, 1 min ago; RISEx: live order book, 1 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, 1 min ago	2.29 bp	12.9 bp −$13	32.6 bp −$326	doesn't fit	doesn't fit
Sell RISEx live order book, 1 min ago	2.28 bp	5.3 bp −$5	13.9 bp −$139	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
Backpack PUMP_USDC_PERP	−0.0515%	1h	0.004375	+0.055%	$775K	$199K	5x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004370	−0.064%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004377	+0.091%	$18K	$235K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004380	+0.160%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004379	+0.145%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004372	−0.023%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.669%	$29K	$818K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004375	+0.040%	$688K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004372	−0.023%	$485K	$817K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004372	−0.014%	$79.3M	$172.6M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004375	+0.046%	$23.8M	$96.8M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004378	+0.126%	$36K	$186K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004373	0.000%	$64K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004376	+0.069%	$4.8M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004372	−0.023%	$23.4M	$14.0M	50x	as long as short
Bitget PUMPUSDTlong	+0.0100%	4h	0.004373	long leg	$17.5M	$20.2M	75x
BingX PUMP-USDT	+0.0100%	4h	0.004371	−0.046%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004393	+0.455%	$64K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004401	+0.633%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004390	+0.389%	$146K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004375	+0.046%	$97K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004379	+0.137%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004379	+0.140%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004381	+0.183%	$2K	$764K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004379	+0.137%	$275	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004374	+0.023%	$21K	$112K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004376	+0.069%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004372	−0.014%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004376	+0.069%	$70K	$11K	3x	as long as short
Nado PUMP-PERP	+0.0112%	1h	0.004374	+0.034%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004378	+0.114%	$59K	—	100x	as long as short
Extended PUMP-USD	+0.0208%	1h	0.004368	−0.107%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0264%	1h	0.004372	−0.023%	$6K	$727	10x	as long as short
Hyperliquid PUMP	+0.0333%	1h	0.004380	+0.160%	$163.4M	$56.1M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004378	+0.114%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004374	+0.018%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004402	+0.654%	$43K	$120K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004378	+0.114%	$693K	$5.8M	50x	as long as short
RISEx PUMP/USDCshort	+0.0570%	1h	0.004372	−0.034%	$520K	$1.0M	10x
Injective PUMP/USDC PERP	+0.0706%	1h	0.004387	+0.320%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0809%	1h	0.004382	+0.195%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0891%	1h	0.004396	+0.519%	$581	$115K	10x	as long as short