Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Gate against edgeX−0.708%7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$710.713% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 7 days+0.735%+$74 · spread now −0.708%, 7d avg +0.037%

Together, before fees+0.696%+ Points / potential airdropedgeX: Active · farm board+$70 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.744% cheaper against edgeX than usual: you would sell low and buy high, −$74 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX PUMPUSDC	0.004424	0.0100	pay 0.0050% / 4h	2h 57m	$66K	$3.1M	20x
Short	Gate PUMP_USDT	0.004393	0.0100	get 0.0050% / 4h	2h 57m	$4.8M	$10.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against edgeX. 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 edgeXbpFee GatebpOrdersPrice spread, now −0.708%Rate

Funding earned: $0
Price spread: −0.708% → +0.037%: −$74.43
Slippage, 4 orders: −$47.28
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$145.71
Costs to cover: 0.713%
Break-even: never at this rate

Slippage from edgeX: live order book, 2 min ago; Gate: live order book, 2 min ago.

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 edgeX live order book, 2 min ago	4.54 bp	21.8 bp −$22	30.1 bp −$301	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	3.40 bp	16.9 bp −$17	37.8 bp −$378	76.0 bp −$7,600	doesn't fit

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	0.004408	−0.363%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004409	−0.346%	$20K	$202K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004397	−0.617%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004398	−0.594%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0057%	4h	0.004397	−0.617%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004399	−0.572%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.549%	$27K	$770K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004398	−0.584%	$704K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004410	−0.323%	$476K	$654K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004398	−0.602%	$79.2M	$164.5M	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	0.004399	−0.572%	$23.4M	$96.5M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004428	+0.086%	$26K	$167K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004409	−0.346%	$40K	$57K	10x	as long as short
Gate PUMP_USDTshort	+0.0100%	4h	0.004393	−0.708%	$4.8M	$10.3M	75x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004400	−0.549%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004396	−0.640%	$17.5M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004393	−0.708%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004393	−0.708%	$787K	$176K	5x	as long as short
edgeX PUMPUSDClong	+0.0100%	4h	0.004424	long leg	$66K	$3.1M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004427	+0.071%	$1.2M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004427	+0.061%	$139K	$760K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004413	−0.256%	$102K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004398	−0.603%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004398	−0.595%	$2K	$730K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004398	−0.595%	$276	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004420	−0.097%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004398	−0.595%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004409	−0.341%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004397	−0.607%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004395	−0.662%	$70K	$11K	3x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004419	−0.122%	$39K	$95K	10x	as long as short
01 Exchange PUMPUSD	+0.0248%	1h	0.004406	−0.414%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004411	−0.310%	$481K	$994K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004396	−0.640%	$3.6M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004402	−0.497%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0356% / S −0.0296%	1h	0.004398	−0.595%	$73K	—	100x	as long as short
Nado PUMP-PERP	+0.0356%	1h	0.004407	−0.380%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0392%	1h	0.004401	−0.527%	$162.7M	$54.5M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004413	−0.256%	$688K	$5.6M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004419	−0.120%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0703%	1h	0.004438	+0.317%	$388	$109K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1264%	1h	0.004403	−0.492%	$1.3M	$3.1M	50x	as long as short