Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0002%/8h= −0.3% APRpaid last 24h −0.016%

Price spread now: OKX against Nado−0.011%7-day average −0.066% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$330.328% of the position

Long on Nado Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.016%−$2 on $10k

Price spread, last 7 days−0.057%−$6 · spread now −0.011%, 7d avg −0.066%

Together, before fees−0.073%+ Points / potential airdropNado: Active · farm board−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.055% dearer against Nado than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado PUMP-PERP	0.004360	0.0102	pay 0.0013% / 1h	51m 32s	$1.6M	$2.1M	10x
Short	OKX PUMP-USDT-SWAP	0.004360	0.0100	get 0.0050% / 4h	51m 32s	$23.8M	$96.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Nado. 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 NadobpFee OKXbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$0.52
Price spread: −0.011% → −0.066%: $5.48
Slippage, 4 orders: −$15.82
Fee Nado: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: −$27.86
Costs to cover: 0.328%
Break-even: never at this rate

Slippage from Nado: live order book, 2 min ago; OKX: 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 Nado live order book, 2 min ago	1.14 bp	7.2 bp −$7	16.1 bp −$161	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.14 bp	9.4 bp −$9	24.2 bp −$242	90.7 bp −$9,067	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
Backpack PUMP_USDC_PERP	−0.0443%	1h	0.004368	+0.172%	$774K	$199K	5x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004367	+0.154%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004360	−0.011%	$17K	$235K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004371	+0.241%	$69K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004357	−0.070%	$52K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004366	+0.126%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.387%	$29K	$818K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004364	+0.080%	$686K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004365	+0.103%	$484K	$817K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004361	+0.008%	$79.3M	$172.7M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAPshort	+0.0100%	4h	0.004360	−0.011%	$23.8M	$96.5M	50x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004378	+0.413%	$36K	$186K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004364	+0.080%	$61K	$102K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004364	+0.080%	$4.8M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004363	+0.057%	$23.3M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004360	−0.011%	$17.4M	$20.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004364	+0.080%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004379	+0.415%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004377	+0.385%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004379	+0.424%	$145K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004364	+0.080%	$97K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004371	+0.241%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004370	+0.223%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004372	+0.264%	$2K	$764K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004369	+0.195%	$274	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004365	+0.103%	$21K	$112K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004367	+0.149%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004365	+0.103%	$41K	$276	5x	as long as short
Nado PUMP-PERPlong	+0.0102%	1h	0.004360	long leg	$1.6M	$2.1M	10x
Aevo PUMP-PERP	+0.0104%	1h	0.004366	+0.126%	$70K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004370	+0.218%	$59K	—	100x	as long as short
Extended PUMP-USD	+0.0208%	1h	0.004362	+0.042%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0256%	1h	0.004362	+0.034%	$6K	$727	10x	as long as short
Hyperliquid PUMP	+0.0276%	1h	0.004366	+0.126%	$162.8M	$56.1M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004378	+0.401%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004360	−0.016%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004377	+0.378%	$42K	$120K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004378	+0.401%	$693K	$5.8M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004365	+0.103%	$519K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004387	+0.608%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0810%	1h	0.004372	+0.254%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0894%	1h	0.004387	+0.612%	$579	$115K	10x	as long as short