Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.062%

Price spread now: BloFin against Extended−0.332%94s7-day average +0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs+$1as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$390.388% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.398%+$40 on $10k

Price spread, last 3 days (all we have)+0.401%+$40 · spread now −0.332%, 7d avg +0.051%

Together, before fees+0.799%+ Points / potential airdropExtended: Active · farm board+$80 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.383% cheaper against Extended than usual: you would sell low and buy high (spread −0.332% now, against its 7-day average of +0.051%). If the spread goes back, that is −$38 on $10k: about 5.4 days of funding at the current rate (+$7 a day). The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PUMP-USD	0.004394	0.0104	pay 0.0013% / 1h	41m 36s	$3.6M	$3.6M	50x
Short	BloFin PUMP-USDT	0.004379	0.0340	get 0.0170% / 4h	3h 41m	$3.5M	$4.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.332%Rate

Funding earned: $49.56
Price spread: −0.332% → +0.051%: −$38.31
Slippage, 4 orders: −$21.79
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$27.54
Costs to cover: 0.388%
Break-even: 10.9 days

Slippage from Extended: live order book, 2 min ago; BloFin: 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 Extended live order book, 2 min ago	1.14 bp	5.8 bp −$6	12.3 bp −$123	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	6.85 bp	14.4 bp −$14	21.0 bp −$210	47.7 bp −$4,769	120.0 bp −$60.0K

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	−0.0067%	1h	0.004397	+0.084%	$783K	$177K	5x	as long as short
dYdX PUMP-USD	−0.0018%	1h	0.004389	−0.100%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004395	+0.032%	$18K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004398	+0.100%	$70K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004395	+0.037%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0041%	4h	0.004397	+0.078%	$41K	$10K	10x	as long as short
OKX PUMP-USDT-SWAP	+0.0042%	4h	0.004390	−0.082%	$23.0M	$97.3M	50x	as long as short
Lighter PUMP	+0.0096%	1h	0.004391	−0.059%	$2.9M	$5.3M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−2.130%	$33K	$775K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004394	+0.010%	$42K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PUMP-PERP	+0.0100%	1h	0.004391	−0.048%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004395	+0.024%	$720K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004393	−0.013%	$459K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004392	−0.036%	$78.6M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004389	−0.116%	$26K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004396	+0.055%	$43K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004394	+0.009%	$4.7M	$10.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004396	+0.055%	$23.3M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004391	−0.059%	$17.6M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004392	−0.036%	—	$12.8M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004378	−0.350%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004380	−0.303%	$1.2M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004365	−0.651%	$138K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004396	+0.055%	$96K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004397	+0.080%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004397	+0.078%	$2K	$722K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004397	+0.078%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004383	−0.241%	$21K	$136K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004398	+0.100%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USDlong	+0.0104%	1h	0.004394	long leg	$3.6M	$3.6M	50x
Aevo PUMP-PERP	+0.0104%	1h	0.004395	+0.032%	$70K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0208%	1h	0.004394	+0.009%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004370	−0.548%	$40K	$99K	10x	as long as short
Hyperliquid PUMP	+0.0272%	1h	0.004398	+0.100%	$161.8M	$53.2M	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004397	+0.066%	$481K	$1.0M	10x	as long as short
BloFin PUMP-USDTshort	+0.0340%	4h	0.004379	−0.332%	$3.5M	$4.0M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004394	+0.005%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0346% / S −0.0289%	1h	0.004395	+0.032%	$74K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004401	+0.169%	$693K	$5.6M	50x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004378	−0.355%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0533%	1h	0.004372	−0.481%	$382	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0935%	1h	0.004402	+0.187%	$1.3M	$3.5M	50x	as long as short