Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h +0.072%

Price spread now: RISEx against Gate0.000%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$480.481% of the position

Long on Gate Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.195%+$19 on $10k

Price spread, last 7 days+0.032%+$3 · spread now 0.000%, 7d avg +0.036%

Together, before fees+0.226%+$23 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.036% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.036%). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.195% in total) that is about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PUMP_USDT	0.004357	0.0100	pay 0.0050% / 4h	30m 26s	$4.7M	$11.5M	75x
Short	RISEx PUMP/USDC	0.004357	0.0194	get 0.0024% / 1h	30m 26s	$484K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now 0.000%Rate

Funding earned: $19.74
Price spread: 0.000% → +0.036%: −$3.59
Slippage, 4 orders: −$27.11
Fee Gate: 7.5 bp × 2 orders: −$15
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$31.96
Costs to cover: 0.481%
Break-even: 18.3 days

Slippage from Gate: live order book, 3 min ago; RISEx: live order book, 3 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 Gate live order book, 3 min ago	1.15 bp	17.3 bp −$17	43.8 bp −$438	83.3 bp −$8,327	doesn't fit
Sell RISEx live order book, 3 min ago	2.29 bp	5.3 bp −$5	14.2 bp −$142	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
dYdX PUMP-USD	−0.0014%	1h	0.004358	+0.034%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0003%	4h	0.004357	0.000%	$22.8M	$96.5M	50x	as long as short
Perpl PUMP	0.0000%	43m	0.004353	−0.092%	$18K	$205K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004357	0.000%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004358	+0.030%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0013%	4h	0.004358	+0.023%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004354	−0.069%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.308%	$26K	$769K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004354	−0.059%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004354	−0.057%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004353	−0.090%	$726K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004354	−0.069%	$455K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004357	+0.009%	$77.7M	$163.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004358	+0.021%	$26K	$163K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004355	−0.046%	$42K	$53K	10x	as long as short
Gate PUMP_USDTlong	+0.0100%	4h	0.004357	long leg	$4.7M	$11.5M	75x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004359	+0.046%	$23.2M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004356	−0.023%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004357	0.000%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004355	−0.050%	$776K	$182K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004361	+0.093%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004359	+0.046%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004363	+0.138%	$138K	$763K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004359	+0.046%	$93K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004357	−0.008%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004358	+0.023%	$2K	$718K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004355	−0.046%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004354	−0.069%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004358	+0.023%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004354	−0.074%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004355	−0.046%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004366	+0.197%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004367	+0.230%	$38K	$207K	12x	as long as short
RISEx PUMP/USDCshort	+0.0194%	1h	0.004357	0.000%	$484K	$1.0M	10x
01 Exchange PUMPUSD	+0.0216%	1h	0.004358	+0.023%	$6K	$830	10x	as long as short
Hyperliquid PUMP	+0.0265%	1h	0.004360	+0.069%	$160.4M	$53.1M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004361	+0.092%	$676K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0321% / S −0.0242%	1h	0.004358	+0.023%	$68K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004357	0.000%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004356	−0.023%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0439%	1h	0.004367	+0.236%	$200	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0866%	1h	0.004362	+0.119%	$1.3M	$3.5M	50x	as long as short