Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0121%/8h= +13.3% APRpaid last 24h +0.246%

Price spread now: Bitget against dYdX−0.075%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 Bitget

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. Bitget is 0.075% cheaper against dYdX than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.1 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PUMP-USD	0.004374	−0.0021	get 0.0003% / 1h	43m 53s	$20K	$9K	5x
Short	Bitget PUMPUSDT	0.004371	0.0100	get 0.0050% / 4h	3h 43m	$17.5M	$19.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.075%Rate

Funding earned: $25.42
Price spread: −0.075% → 0.000%: −$7.54
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$4.12
Costs to cover: 0.220%
Break-even: 8.1 days

Slippage unknown: dYdX: no order-book sample; Bitget: 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 dYdX no order-book sample	—	—	—	—	—
Sell Bitget live order book, 5 min ago	2.30 bp	11.1 bp −$11	18.0 bp −$180	doesn't fit	doesn't fit

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
Backpack PUMP_USDC_PERP	−0.0159%	1h	0.004367	−0.167%	$778K	$178K	5x	as long as short
dYdX PUMP-USDlong	−0.0021%	1h	0.004374	long leg	$20K	$9K	5x
Perpl PUMP	0.0000%	43m	0.004372	−0.053%	$18K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004366	−0.190%	$69K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004369	−0.130%	$55K	—	150x	as long as short
OKX PUMP-USDT-SWAP	+0.0031%	4h	0.004373	−0.030%	$22.9M	$96.9M	50x	as long as short
Orderly PERP_PUMP_USDC	+0.0041%	4h	0.004366	−0.190%	$41K	$10K	10x	as long as short
Gate PUMP_USDT	+0.0066%	4h	0.004370	−0.098%	$4.7M	$10.5M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004367	−0.167%	$2.9M	$5.3M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.699%	$33K	$775K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004372	−0.059%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004372	−0.064%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004370	−0.094%	$716K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004373	−0.030%	$456K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004374	−0.009%	$78.2M	$163.8M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004364	−0.238%	$26K	$165K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004372	−0.053%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004374	−0.007%	$23.2M	$13.8M	50x	as long as short
Bitget PUMPUSDTshort	+0.0100%	4h	0.004371	−0.075%	$17.5M	$19.2M	75x
BingX PUMP-USDT	+0.0100%	4h	0.004373	−0.030%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004357	−0.405%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004361	−0.313%	$1.2M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004366	−0.190%	$138K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004375	+0.016%	$96K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004367	−0.176%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004367	−0.167%	$2K	$722K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004366	−0.190%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004364	−0.235%	$21K	$136K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004367	−0.167%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004372	−0.062%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004368	−0.144%	$70K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0200%	1h	0.004375	+0.016%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004370	−0.110%	$40K	$99K	10x	as long as short
Hyperliquid PUMP	+0.0238%	1h	0.004373	−0.030%	$160.9M	$53.2M	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004373	−0.040%	$478K	$1.0M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004366	−0.190%	$3.5M	$4.1M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004366	−0.194%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0345% / S −0.0288%	1h	0.004366	−0.190%	$74K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004376	+0.039%	$689K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004368	−0.144%	$38K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0533%	1h	0.004368	−0.153%	$381	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0941%	1h	0.004371	−0.065%	$1.3M	$3.5M	50x	as long as short