Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.246%

Price spread now: Binance against dYdX−0.115%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. Binance is 0.115% cheaper against dYdX than usual: you would sell low and buy high (spread −0.115% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 3.8 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PUMP-USD	0.004396	0	get 0.0000% / 1h	54m 36s	$20K	$9K	5x
Short	Binance PUMPUSDT	0.004391	0.0100	get 0.0050% / 4h	2h 54m	$78.8M	$164.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against dYdX. 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 dYdXbpFee BinancebpOrdersPrice spread, now −0.115%Rate

Funding earned: $21
Price spread: −0.115% → 0.000%: −$11.52
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$10.52
Costs to cover: 0.200%
Break-even: 10.5 days

Slippage unknown: dYdX: no order-book sample; Binance: live order book, 4 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 dYdX no order-book sample	—	—	—	—	—
Sell Binance live order book, 4 min ago	1.13 bp	10.0 bp −$10	24.8 bp −$248	70.2 bp −$7,025	318.0 bp −$159.0K

dYdX: 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
ApeX Omni PUMPUSDT	−0.0223%	1h	0.004404	+0.175%	$139K	$759K	50x	as long as short
dYdX PUMP-USDlong	0.0000%	1h	0.004396	long leg	$20K	$9K	5x
Perpl PUMP	0.0000%	43m	0.004385	−0.257%	$20K	$202K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004390	−0.143%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004386	−0.234%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0058%	4h	0.004385	−0.257%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004397	+0.016%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−2.190%	$26K	$769K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004392	−0.098%	$703K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004394	−0.052%	$474K	$654K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDTshort	+0.0100%	4h	0.004391	−0.115%	$78.8M	$164.8M	75x
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004386	−0.234%	$23.4M	$95.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004393	−0.084%	$26K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004380	−0.371%	$39K	$60K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004387	−0.211%	$4.8M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004398	+0.039%	$23.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004387	−0.211%	$17.5M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004387	−0.211%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004393	−0.068%	$782K	$178K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004405	+0.203%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004395	−0.038%	$1.2M	$10.4M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004388	−0.189%	$101K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004388	−0.193%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004388	−0.189%	$1K	$731K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004390	−0.143%	$275	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004389	−0.166%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004393	−0.075%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004387	−0.211%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004384	−0.269%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004387	−0.211%	$70K	$11K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004382	−0.325%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004402	+0.121%	$39K	$103K	10x	as long as short
Nado PUMP-PERP	+0.0268%	1h	0.004384	−0.268%	$1.6M	$2.0M	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004381	−0.348%	$478K	$996K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004392	−0.098%	$3.6M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004383	−0.306%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0357% / S −0.0297%	1h	0.004385	−0.257%	$73K	—	100x	as long as short
Hyperliquid PUMP	+0.0367%	1h	0.004399	+0.061%	$162.0M	$53.7M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004393	−0.075%	$685K	$5.6M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004401	+0.107%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0708%	1h	0.004422	+0.591%	$387	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1266%	1h	0.004395	−0.038%	$1.3M	$3.1M	50x	as long as short