Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0179%/8h= +19.6% APRpaid last 24h −0.144%

Price spread now: Injective against KuCoin−0.109%7-day average −0.115% · you buy dearer than you sell

Net, funding: paid 7d − costs−$241as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1181.176% of the position

Long on KuCoin Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−1.237%−$124 on $10k

Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.109%, 7d avg −0.115%

Together, before fees−1.056%−$106 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.115%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −1.237%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PUMPUSDTM	0.004572	0.0100	pay 0.0050% / 4h	1m 14s	$24.8M	$13.8M	50x
Short	Injective PUMP/USDC PERP	0.004567	0.0279	get 0.0035% / 1h	1m 14s	$38K	$204K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against KuCoin. 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 KuCoinbpFee InjectivebpOrdersPrice spread, now −0.109%Rate

Funding earned: $37.52
Price spread: −0.109% → −0.115%: $0.53
Slippage, 4 orders: −$105.6
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$79.57
Costs to cover: 1.176%
Break-even: 21.8 days

Slippage from KuCoin: live order book, 8 min ago; Injective: live order book, 38 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 KuCoin live order book, 8 min ago	1.09 bp	17.6 bp −$18	47.7 bp −$477	doesn't fit	doesn't fit
Sell Injective live order book, 38 min ago	20.08 bp	30.7 bp −$31	doesn't fit	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	0.0000%	1h	0.004559	−0.276%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004568	−0.087%	$18K	$272K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004567	−0.106%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0022%	4h	0.004565	−0.153%	$4.9M	$10.7M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004569	−0.066%	$3.0M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.575%	$29K	$658K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004570	−0.044%	$863K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004567	−0.109%	$524K	$875K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004573	+0.023%	$83.7M	$176.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004564	−0.175%	$25.0M	$104.1M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004556	−0.354%	$27K	$163K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004563	−0.197%	$41K	$130K	10x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004572	long leg	$24.8M	$13.8M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004567	−0.109%	$17.9M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004568	−0.087%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004570	−0.046%	$819K	$208K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004561	−0.236%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004563	−0.201%	$1.3M	$11.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004561	−0.241%	$162K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004576	+0.087%	$108K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004566	−0.131%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004569	−0.074%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004568	−0.087%	$2K	$786K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004568	−0.087%	$253	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004565	−0.153%	$22K	$79K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004572	0.000%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004565	−0.157%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004566	−0.123%	$3.8M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004563	−0.197%	$68K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0202%	1h	0.004576	+0.087%	$171.1M	$51.1M	10x	as long as short
Nado PUMP-PERP	+0.0215%	1h	0.004571	−0.011%	$1.7M	$2.1M	10x	as long as short
Injective PUMP/USDC PERPshort	+0.0279%	1h	0.004567	−0.109%	$38K	$204K	12x
01 Exchange PUMPUSD	+0.0296%	1h	0.004570	−0.044%	$6K	$600	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0305% / S −0.0274%	1h	0.004567	−0.109%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004571	−0.022%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004570	−0.046%	$2	—	3x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004567	−0.114%	$44K	$139K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0440%	1h	0.004572	−0.004%	$1.1M	$3.5M	50x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0536%	1h	0.004578	+0.131%	$739K	$6.1M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0626%	1h	0.004569	−0.066%	$70K	$116K	25x	as long as short
RISEx PUMP/USDC	+0.0784%	1h	0.004568	−0.094%	$531K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0973%	1h	0.004573	+0.019%	$706	$112K	10x	as long as short