Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.072%

Price spread now: SoDEX against BloFin−0.309%56s7-day average — · you buy dearer than you sell

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

Long on BloFin Short on SoDEX

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 −$7 a day on $10k at the current rate, and SoDEX is 0.309% cheaper against BloFin than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 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	0.004529	0.0340	pay 0.0170% / 4h	1h 36m	$3.8M	$4.7M	75x
Short	SoDEX PUMP-USD	0.004515	0.0100	get 0.0013% / 1h	36m 14s	$283	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.309%Rate

Funding earned: −$50.4
Price spread: −0.309% → 0.000%: −$30.91
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$101.31
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 2 min ago; SoDEX: 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, 2 min ago	3.31 bp	10.8 bp −$11	15.7 bp −$157	42.3 bp −$4,234	154.8 bp −$77.4K
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	0.0000%	1h	0.004516	−0.283%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004518	−0.243%	$18K	$260K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004515	−0.309%	$69K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004514	−0.330%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004517	−0.265%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.640%	$33K	$635K	20x	as long as short
Gate PUMP_USDT	+0.0096%	4h	0.004513	−0.353%	$5.0M	$10.4M	75x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004515	−0.307%	$826K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004519	−0.221%	$536K	$850K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004514	−0.331%	$82.7M	$171.9M	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	0.004512	−0.375%	$24.7M	$98.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004533	+0.095%	$27K	$162K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004520	−0.199%	$65K	$100K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004517	−0.265%	$24.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004512	−0.375%	$17.8M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004514	−0.331%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004523	−0.141%	$808K	$200K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004529	0.000%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004539	+0.221%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004547	+0.397%	$153K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004520	−0.199%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004514	−0.331%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004529	−0.011%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004513	−0.353%	$2K	$766K	20x	as long as short
SoDEX PUMP-USDshort	+0.0100%	1h	0.004515	−0.309%	$283	$7K	10x
HTX PUMP-USDT	+0.0100%	4h	0.004515	−0.309%	$21K	$85K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004514	−0.331%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004513	−0.345%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004512	−0.375%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0105%	8h	0.004521	−0.167%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0196%	1h	0.004518	−0.232%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004515	−0.309%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0336%	1h	0.004521	−0.177%	$6K	$600	10x	as long as short
BloFin PUMP-USDTlong	+0.0340%	4h	0.004529	long leg	$3.8M	$4.7M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004516	−0.292%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004537	+0.185%	$48K	$139K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004525	−0.088%	$726K	$5.8M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0547%	1h	0.004516	−0.290%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004533	+0.088%	$38K	$205K	12x	as long as short
Hyperliquid PUMP	+0.0592%	1h	0.004522	−0.155%	$169.1M	$51.2M	10x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004518	−0.232%	$550K	$1.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1095%	1h	0.004530	+0.024%	$501	$112K	10x	as long as short