Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.011%

Price spread now: Gate against Extended+0.060%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$430.430% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 7 days−0.060%−$6 · spread now +0.060%, 7d avg +0.038%

Together, before fees−0.164%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.022% dearer against Extended than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of +0.038%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.104% in total) that is about 35 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.104% in total (about -5.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PUMP-USD	0.004459	0.0272	pay 0.0034% / 1h	9m 14s	$3.9M	$3.9M	50x
Short	Gate PUMP_USDT	0.004462	0.0032	get 0.0016% / 4h	3h 09m	$4.9M	$10.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.060%Rate

Funding earned: −$50.4
Price spread: +0.060% → +0.038%: $2.17
Slippage, 4 orders: −$22.96
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$91.19
Costs to cover: 0.430%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Gate: live order book, 4 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	1.12 bp	5.7 bp −$6	12.0 bp −$120	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	2.23 bp	17.8 bp −$18	38.8 bp −$388	73.3 bp −$7,333	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	−0.2294%	1h	0.004471	+0.266%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004463	+0.082%	$18K	$233K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004460	+0.015%	$71K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004459	−0.015%	$56K	—	150x	as long as short
Gate PUMP_USDTshort	+0.0032%	4h	0.004462	+0.060%	$4.9M	$10.6M	75x
Lighter PUMP	+0.0096%	1h	0.004464	+0.105%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.330%	$30K	$631K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004464	+0.116%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004461	+0.031%	$713K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004470	+0.239%	$496K	$755K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004461	+0.031%	$81.2M	$166.3M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004463	+0.082%	$24.3M	$95.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004467	+0.177%	$32K	$183K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004468	+0.194%	$65K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004463	+0.082%	$24.0M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004461	+0.037%	$17.6M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004461	+0.037%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004463	+0.080%	$796K	$204K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004482	+0.501%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004485	+0.574%	$1.3M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004483	+0.531%	$150K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004466	+0.150%	$107K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004459	−0.007%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004459	−0.013%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004463	+0.082%	$2K	$744K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004460	+0.015%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004461	+0.037%	$21K	$95K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004461	+0.037%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004474	+0.324%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004458	−0.030%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0198%	1h	0.004458	−0.030%	$54K	—	100x	as long as short
Extended PUMP-USDlong	+0.0272%	1h	0.004459	long leg	$3.9M	$3.9M	50x
BloFin PUMP-USDT	+0.0340%	4h	0.004465	+0.127%	$3.7M	$4.5M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004476	+0.363%	$46K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004462	+0.054%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004467	+0.172%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004472	+0.284%	$39K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004465	+0.127%	$718K	$5.7M	50x	as long as short
Hyperliquid PUMP	+0.0514%	1h	0.004469	+0.217%	$167.4M	$49.9M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004467	+0.172%	$531K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0657%	1h	0.004462	+0.068%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1037%	1h	0.004472	+0.275%	$518	$107K	10x	as long as short