Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.011%

Price spread now: BingX against Extended−0.055%7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$260.264% of the position

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 7 days+0.036%+$4 · spread now −0.055%, 7d avg +0.029%

Together, before fees+0.021%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.084% cheaper against Extended than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.029%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PUMP-USD	0.004381	0.0208	pay 0.0026% / 1h	54m 15s	$3.8M	$4.3M	50x
Short	BingX PUMP-USDT	0.004379	0.0100	get 0.0050% / 4h	54m 15s	—	$12.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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 ExtendedbpFee BingXbpOrdersPrice spread, now −0.055%Rate

Funding earned: −$22.68
Price spread: −0.055% → +0.029%: −$8.35
Slippage, 4 orders: −$11.41
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$57.45
Costs to cover: 0.264%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; BingX: live order book, 14 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 Extended live order book, 5 min ago	2.27 bp	4.8 bp −$5	10.6 bp −$106	doesn't fit	doesn't fit
Sell BingX live order book, 14 min ago	1.13 bp	6.1 bp −$6	11.2 bp −$112	43.4 bp −$4,342	109.4 bp −$54.7K

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	−0.0585%	1h	0.004383	+0.032%	$776K	$199K	5x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004375	−0.143%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004377	−0.101%	$18K	$234K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004383	+0.036%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004383	+0.035%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004382	+0.014%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.858%	$28K	$820K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004380	−0.025%	$689K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004378	−0.078%	$486K	$817K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004383	+0.036%	$79.5M	$172.6M	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	0.004382	+0.014%	$23.8M	$97.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004378	−0.082%	$36K	$186K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004381	−0.009%	$64K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004381	−0.009%	$4.8M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004384	+0.059%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004382	+0.014%	$17.5M	$20.2M	75x	as long as short
BingX PUMP-USDTshort	+0.0100%	4h	0.004379	−0.055%	—	$12.9M	—
edgeX PUMPUSDC	+0.0100%	4h	0.004389	+0.181%	$64K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004401	+0.440%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004390	+0.196%	$146K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004385	+0.082%	$97K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004380	−0.032%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004381	−0.012%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004382	+0.014%	$2K	$762K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004381	−0.009%	$275	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004367	−0.329%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004379	−0.055%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004380	−0.026%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004380	−0.032%	$70K	$11K	3x	as long as short
Nado PUMP-PERP	+0.0150%	1h	0.004381	+0.002%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004382	+0.014%	$59K	—	100x	as long as short
Extended PUMP-USDlong	+0.0208%	1h	0.004381	long leg	$3.8M	$4.3M	50x
01 Exchange PUMPUSD	+0.0256%	1h	0.004382	+0.014%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004402	+0.461%	$43K	$120K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004394	+0.287%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004384	+0.055%	$2	—	3x	as long as short
Hyperliquid PUMP	+0.0386%	1h	0.004387	+0.128%	$163.9M	$56.0M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004384	+0.059%	$692K	$5.8M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004382	+0.023%	$521K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004404	+0.516%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0808%	1h	0.004385	+0.076%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0885%	1h	0.004399	+0.408%	$581	$115K	10x	as long as short