Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.077%

Price spread now: Derive against BloFin+0.004%55s7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Derive

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PUMP-USDT	0.004361	0.0340	pay 0.0170% / 4h	32m 28s	$3.5M	$4.0M	75x
Short	Derive PUMP-PERP	0.004361	0.0100	get 0.0013% / 1h	32m 28s	$5K	$13K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against BloFin. 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 BloFinbpFee DerivebpOrdersPrice spread, now +0.004%Rate

Funding earned: −$50.4
Price spread: +0.004% → 0.000%: $0.35
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Derive: 3 bp × 2 orders: −$6
Net: −$68.05
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 6 min ago; Derive: 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 BloFin live order book, 6 min ago	4.57 bp	10.9 bp −$11	13.2 bp −$132	40.5 bp −$4,046	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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 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	−0.0005%	1h	0.004362	+0.034%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0003%	4h	0.004360	−0.023%	$22.8M	$96.5M	50x	as long as short
Perpl PUMP	0.0000%	43m	0.004359	−0.046%	$18K	$205K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004363	+0.046%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004361	+0.008%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0013%	4h	0.004360	−0.023%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004360	−0.023%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.399%	$27K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004360	−0.031%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004359	−0.034%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004361	0.000%	$729K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004360	−0.023%	$456K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004360	−0.023%	$77.7M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004359	−0.044%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004360	−0.023%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004359	−0.046%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004364	+0.069%	$23.2M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004360	−0.023%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004361	0.000%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004359	−0.041%	$777K	$182K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004375	+0.332%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004376	+0.349%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004375	+0.321%	$138K	$764K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004364	+0.069%	$97K	$1.9M	10x	as long as short
Derive PUMP-PERPshort	+0.0100%	1h	0.004361	+0.004%	$5K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004361	0.000%	$2K	$718K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004360	−0.023%	$277	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004359	−0.046%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004362	+0.023%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004360	−0.029%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004360	−0.023%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004366	+0.105%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004381	+0.459%	$39K	$207K	12x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004363	+0.034%	$485K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0224%	1h	0.004363	+0.046%	$6K	$830	10x	as long as short
Hyperliquid PUMP	+0.0309%	1h	0.004364	+0.069%	$160.6M	$53.1M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004365	+0.092%	$677K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0320% / S −0.0242%	1h	0.004360	−0.023%	$68K	—	100x	as long as short
BloFin PUMP-USDTlong	+0.0340%	4h	0.004361	long leg	$3.5M	$4.0M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004360	−0.023%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0447%	1h	0.004373	+0.267%	$182	$105K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0865%	1h	0.004366	+0.114%	$1.3M	$3.5M	50x	as long as short