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: edgeX against Extended+0.388%113s7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as 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−$460.457% of the position

Long on Extended Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 7 days−0.416%−$42 · spread now +0.388%, 7d avg +0.007%

Together, before fees−0.483%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$48 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.381% dearer against Extended than usual: you sell high and buy low (spread +0.388% now, against its 7-day average of +0.007%): +$38 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.066% in total) that is about 40 days. The two prices were read 113 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	0.004372	0.0208	pay 0.0026% / 1h	53m 40s	$3.8M	$4.3M	50x
Short	edgeX PUMPUSDC	0.004389	0.0100	get 0.0050% / 4h	53m 40s	$64K	$3.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.388%Rate

Funding earned: −$22.68
Price spread: +0.388% → +0.007%: $38.14
Slippage, 4 orders: −$31.73
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$30.27
Costs to cover: 0.457%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; edgeX: live order book, just now.

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 edgeX live order book, just now	12.57 bp	17.1 bp −$17	20.5 bp −$205	doesn't fit	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
Backpack PUMP_USDC_PERP	−0.0585%	1h	0.004383	+0.239%	$776K	$199K	5x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004375	+0.066%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004377	+0.107%	$18K	$234K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004383	+0.244%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004383	+0.242%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004376	+0.084%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.655%	$28K	$820K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004380	+0.166%	$689K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004375	+0.061%	$486K	$817K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004374	+0.037%	$79.4M	$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	0.004374	+0.038%	$23.9M	$96.8M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004378	+0.141%	$36K	$186K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004378	+0.129%	$64K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004373	+0.015%	$4.8M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004386	+0.312%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004372	−0.008%	$17.5M	$20.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004374	+0.038%	—	$12.9M	—	as long as short
edgeX PUMPUSDCshort	+0.0100%	4h	0.004389	+0.388%	$64K	$3.1M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004401	+0.648%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004390	+0.404%	$146K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004385	+0.290%	$97K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004380	+0.175%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004381	+0.195%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004382	+0.221%	$2K	$762K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004381	+0.198%	$275	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004367	−0.122%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004379	+0.152%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004374	+0.041%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004380	+0.175%	$70K	$11K	3x	as long as short
Nado PUMP-PERP	+0.0150%	1h	0.004381	+0.209%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004382	+0.221%	$59K	—	100x	as long as short
Extended PUMP-USDlong	+0.0208%	1h	0.004372	long leg	$3.8M	$4.3M	50x
01 Exchange PUMPUSD	+0.0256%	1h	0.004379	+0.152%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004402	+0.669%	$43K	$120K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004394	+0.495%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004384	+0.262%	$2	—	3x	as long as short
Hyperliquid PUMP	+0.0361%	1h	0.004389	+0.381%	$163.7M	$56.1M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004384	+0.267%	$692K	$5.8M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004378	+0.125%	$520K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004404	+0.724%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0808%	1h	0.004385	+0.283%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0885%	1h	0.004399	+0.616%	$581	$115K	10x	as long as short