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: BloFin against Derive−0.013%7-day average — · you buy dearer than you sell

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

Long on Derive Short on BloFin

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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive PUMP-PERP	0.004544	0.0100	pay 0.0013% / 1h	43m 18s	$5K	$13K	6.7x
Short	BloFin PUMP-USDT	0.004543	0.0340	get 0.0170% / 4h	1h 43m	$3.8M	$4.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Derive. 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 DerivebpFee BloFinbpOrdersPrice spread, now −0.013%Rate

Funding earned: $50.4
Price spread: −0.013% → 0.000%: −$1.34
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: $31.06
Costs to cover: 0.180%
Break-even: 2.7 days

Slippage unknown: Derive: no order-book sample; BloFin: live order book, 5 min ago. 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 Derive no order-book sample	—	—	—	—	—
Sell BloFin live order book, 5 min ago	2.20 bp	13.1 bp −$13	17.5 bp −$175	47.9 bp −$4,788	130.1 bp −$65.1K

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	0.0000%	1h	0.004538	−0.123%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004545	+0.031%	$18K	$259K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004544	+0.011%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004543	−0.013%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.960%	$33K	$634K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004541	−0.068%	$831K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004546	+0.053%	$539K	$847K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004542	−0.036%	$83.3M	$171.5M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004540	−0.079%	$24.9M	$99.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004544	+0.015%	$27K	$162K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004551	+0.163%	$66K	$100K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004545	+0.031%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004548	+0.097%	$24.6M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004541	−0.057%	$18.1M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004545	+0.031%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004541	−0.057%	$812K	$200K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004537	−0.135%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004530	−0.306%	$1.3M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004547	+0.075%	$153K	$743K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004548	+0.097%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004545	+0.031%	$43K	$11K	10x	as long as short
Derive PUMP-PERPlong	+0.0100%	1h	0.004544	long leg	$5K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004538	−0.123%	$2K	$765K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004540	−0.079%	$285	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004539	−0.101%	$22K	$85K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004543	−0.013%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004544	−0.002%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004543	−0.013%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0106%	8h	0.004547	+0.082%	$43K	$276	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0190%	1h	0.004546	+0.053%	$71K	$115K	25x	as long as short
Nado PUMP-PERP	+0.0199%	1h	0.004546	+0.064%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004543	−0.013%	$55K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0336%	1h	0.004552	+0.185%	$6K	$600	10x	as long as short
BloFin PUMP-USDTshort	+0.0340%	4h	0.004543	−0.013%	$3.8M	$4.7M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004545	+0.026%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004542	−0.042%	$48K	$139K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004548	+0.097%	$730K	$5.8M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0543%	1h	0.004541	−0.047%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004547	+0.075%	$38K	$205K	12x	as long as short
Hyperliquid PUMP	+0.0647%	1h	0.004551	+0.163%	$170.2M	$51.3M	10x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004552	+0.180%	$554K	$1.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1107%	1h	0.004535	−0.193%	$502	$112K	10x	as long as short