Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.029%

Price spread now: edgeX against gTrade (Gains Network)−0.365%68s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.365% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.365% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$36 on $10k: about 12 days of funding at the current rate (+$3 a day). The two prices were read 68 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	gTrade (Gains Network) PUMP/USD	0.004441	L +0.0002% / S −0.0002%	pay 0.0000% / 1h	1m 49s	$53K	—	150x
Short	edgeX PUMPUSDC	0.004424	0.0100	get 0.0050% / 4h	1m 49s	$65K	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee edgeXbpOrdersPrice spread, now −0.365%Rate

Funding earned: $20.51
Price spread: −0.365% → 0.000%: −$36.49
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$34.98
Costs to cover: 0.190%
Break-even: 18.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; edgeX: live order book, 2 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell edgeX live order book, 2 min ago	4.50 bp	14.5 bp −$14	18.1 bp −$181	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.4926%	1h	0.004444	+0.082%	$20K	$9K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004440	−0.011%	$18K	$238K	20x	as long as short
gTrade (Gains Network) PUMP/USDlong	L +0.0002% / S −0.0002%	1h	0.004441	long leg	$53K	—	150x
Lighter PUMP	+0.0096%	1h	0.004444	+0.079%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.912%	$29K	$780K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004442	+0.027%	$704K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004446	+0.124%	$499K	$823K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004445	+0.110%	$80.9M	$172.7M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004446	+0.124%	$24.2M	$98.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004432	−0.191%	$31K	$192K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004448	+0.169%	$62K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004442	+0.034%	$4.9M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004444	+0.079%	$23.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004446	+0.124%	$17.6M	$20.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004443	+0.056%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004442	+0.036%	$792K	$207K	5x	as long as short
edgeX PUMPUSDCshort	+0.0100%	4h	0.004424	−0.365%	$65K	$3.2M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004429	−0.260%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004426	−0.327%	$147K	$756K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004446	+0.135%	$1.6M	$2.1M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004449	+0.191%	$103K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004441	+0.011%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004440	−0.001%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004445	+0.101%	$1K	$768K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004443	+0.056%	$279	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004437	−0.079%	$21K	$105K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004442	+0.034%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004447	+0.156%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004439	−0.034%	$66K	$13K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004439	−0.034%	$53K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0280%	1h	0.004450	+0.214%	$6K	$625	10x	as long as short
Extended PUMP-USD	+0.0296%	1h	0.004442	+0.040%	$3.9M	$4.3M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004450	+0.214%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004447	+0.141%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004430	−0.232%	$42K	$120K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0426%	1h	0.004443	+0.056%	$71K	$122K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004447	+0.146%	$707K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0485%	1h	0.004453	+0.281%	$166.9M	$55.0M	10x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004449	+0.195%	$528K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004448	+0.169%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0797%	1h	0.004446	+0.117%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1019%	1h	0.004438	−0.061%	$786	$112K	10x	as long as short