Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against KuCoin−0.046%7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$940.937% of the position

Long on KuCoin Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.046%, 7d avg −0.051%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PUMPUSDTM	0.004340	0.0100	pay 0.0050% / 4h	2h 26m	$22.9M	$13.9M	50x
Short	Phemex PUMPUSDT	0.004338	0.0100	get 0.0050% / 4h	2h 26m	$2.0M	$4.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now −0.046%Rate

Funding earned: $0
Price spread: −0.046% → −0.051%: $0.47
Slippage, 4 orders: −$69.69
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$93.22
Costs to cover: 0.937%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Phemex: live order book, 2 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, 2 min ago	2.31 bp	18.7 bp −$19	55.2 bp −$552	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	4.63 bp	24.0 bp −$24	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	−0.3691%	1h	0.004338	−0.050%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0309%	1h	0.004334	−0.129%	$773K	$182K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004336	−0.092%	$20K	$204K	20x	as long as short
OKX PUMP-USDT-SWAP	−0.0069%	4h	0.004336	−0.092%	$22.7M	$95.9M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0020%	4h	0.004339	−0.023%	$41K	$10K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004340	0.000%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004338	−0.040%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004337	−0.069%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.922%	$29K	$766K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004336	−0.088%	$42K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PUMP-PERP	+0.0100%	1h	0.004335	−0.104%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004343	+0.069%	$158.8M	$52.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004336	−0.092%	$786K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004338	−0.046%	$450K	$611K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004338	−0.057%	$77.0M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004333	−0.166%	$25K	$179K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004337	−0.069%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004337	−0.069%	$4.6M	$11.7M	75x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004340	long leg	$22.9M	$13.9M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004337	−0.069%	$17.1M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004335	−0.115%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004330	−0.235%	$63K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004329	−0.259%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004333	−0.161%	$137K	$769K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004341	+0.023%	$97K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004339	−0.025%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004339	−0.023%	$1K	$708K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004337	−0.069%	$715	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004331	−0.207%	$21K	$148K	20x	as long as short
Phemex PUMPUSDTshort	+0.0100%	4h	0.004338	−0.046%	$2.0M	$4.0M	20x
Extended PUMP-USD	+0.0104%	1h	0.004337	−0.069%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004338	−0.046%	$71K	$18K	3x	as long as short
01 Exchange PUMPUSD	+0.0112%	1h	0.004340	0.000%	$6K	$497	10x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004339	−0.026%	$494K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004332	−0.175%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004340	0.000%	$659K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0306% / S −0.0224%	1h	0.004337	−0.069%	$67K	—	100x	as long as short
Aftermath Perps PUMPUSD	+0.0333%	1h	0.004330	−0.223%	$200	$106K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004332	−0.184%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004336	−0.084%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	−0.369%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0684%	1h	0.004344	+0.086%	$1.3M	$3.5M	50x	as long as short