Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.001%

Price spread now: Arcus against Gate+0.045%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Arcus

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—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.045% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PUMP_USDT	0.004399	0.0080	pay 0.0040% / 4h	2h 51m	$4.8M	$10.4M	75x
Short	Arcus PUMP-USD	0.004401	0.0100	get 0.0013% / 1h	51m 23s	$39K	$60K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Gate. 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 GatebpFee ArcusbpOrdersPrice spread, now +0.045%Rate

Funding earned: $4.2
Price spread: +0.045% → 0.000%: $4.55
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$10.75
Costs to cover: 0.195%
Break-even: 24.9 days

Slippage unknown: Gate: live order book, 2 min ago; Arcus: no order-book sample. 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 Gate live order book, 2 min ago	3.41 bp	21.2 bp −$21	43.5 bp −$435	79.6 bp −$7,956	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: 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	0.0000%	1h	0.004400	+0.023%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004405	+0.136%	$20K	$200K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004404	+0.114%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004401	+0.046%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0059%	4h	0.004403	+0.091%	$41K	$10K	10x	as long as short
Gate PUMP_USDTlong	+0.0080%	4h	0.004399	long leg	$4.8M	$10.4M	75x
Lighter PUMP	+0.0096%	1h	0.004399	0.000%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	+0.023%	$27K	$771K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004403	+0.100%	$699K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004398	−0.023%	$475K	$654K	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	0.004402	+0.069%	$79.0M	$164.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004404	+0.114%	$23.5M	$96.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004393	−0.145%	$26K	$166K	5x	as long as short
Arcus PUMP-USDshort	+0.0100%	1h	0.004401	+0.045%	$39K	$60K	10x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004406	+0.159%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004403	+0.091%	$17.6M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004402	+0.068%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004406	+0.157%	$784K	$179K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004401	+0.040%	$64K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004408	+0.206%	$1.2M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004409	+0.227%	$139K	$758K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004405	+0.136%	$102K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004403	+0.089%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004403	+0.091%	$2K	$732K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004404	+0.114%	$276	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004406	+0.159%	$21K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004407	+0.182%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004398	−0.033%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004401	+0.054%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004399	0.000%	$70K	$9K	3x	as long as short
Nado PUMP-PERP	+0.0114%	1h	0.004401	+0.057%	$1.6M	$2.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0208%	1h	0.004404	+0.114%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004413	+0.314%	$39K	$103K	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004406	+0.157%	$481K	$995K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004409	+0.227%	$3.6M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004400	+0.019%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0358% / S −0.0298%	1h	0.004401	+0.045%	$73K	—	100x	as long as short
Hyperliquid PUMP	+0.0399%	1h	0.004406	+0.159%	$162.3M	$53.9M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004407	+0.182%	$702K	$5.6M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004408	+0.205%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0706%	1h	0.004411	+0.262%	$386	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1262%	1h	0.004409	+0.230%	$1.3M	$3.1M	50x	as long as short