Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.016%

Price spread now: Binance against OKX−0.023%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$370.370% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.009%+$1 on $10k

Price spread, last 7 days0.000%$0 · spread now −0.023%, 7d avg +0.011%

Together, before fees+0.009%+$1 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: Binance is 0.033% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PUMP-USDT-SWAP	0.004387	0.0100	pay 0.0050% / 4h	2h 55m	$23.3M	$96.3M	50x
Short	Binance PUMPUSDT	0.004386	0.0100	get 0.0050% / 4h	2h 55m	$78.7M	$164.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now −0.023%Rate

Funding earned: $0
Price spread: −0.023% → +0.011%: −$3.33
Slippage, 4 orders: −$16.99
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$40.32
Costs to cover: 0.370%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Binance: 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 OKX live order book, 3 min ago	1.13 bp	8.5 bp −$8	19.5 bp −$195	188.0 bp −$18.8K	doesn't fit
Sell Binance live order book, 3 min ago	1.13 bp	10.0 bp −$10	24.8 bp −$248	70.2 bp −$7,025	318.0 bp −$159.0K

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
ApeX Omni PUMPUSDT	−0.0223%	1h	0.004404	+0.388%	$139K	$759K	50x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004386	−0.016%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004385	−0.046%	$20K	$202K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004389	+0.046%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004386	−0.022%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0058%	4h	0.004385	−0.046%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004388	+0.023%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.983%	$26K	$769K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004389	+0.035%	$703K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004388	+0.023%	$474K	$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 PUMPUSDTshort	+0.0100%	4h	0.004386	−0.023%	$78.7M	$164.7M	75x
OKX PUMP-USDT-SWAPlong	+0.0100%	4h	0.004387	long leg	$23.3M	$96.3M	50x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004428	+0.937%	$26K	$167K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004386	−0.023%	$40K	$57K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004383	−0.091%	$4.8M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004386	−0.023%	$23.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004387	0.000%	$17.5M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004385	−0.046%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004387	−0.009%	$786K	$176K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004405	+0.416%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004395	+0.174%	$1.2M	$10.4M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004388	+0.023%	$101K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004388	+0.018%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004385	−0.046%	$2K	$730K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004390	+0.068%	$275	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004386	−0.023%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004393	+0.137%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004391	+0.085%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004388	+0.034%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004387	0.000%	$70K	$11K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004382	−0.114%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004402	+0.333%	$39K	$103K	10x	as long as short
Nado PUMP-PERP	+0.0268%	1h	0.004384	−0.057%	$1.6M	$2.0M	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004385	−0.034%	$478K	$995K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004396	+0.205%	$3.6M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004383	−0.095%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0357% / S −0.0297%	1h	0.004385	−0.046%	$73K	—	100x	as long as short
Hyperliquid PUMP	+0.0365%	1h	0.004389	+0.046%	$161.7M	$54.9M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004393	+0.137%	$685K	$5.6M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004401	+0.319%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0708%	1h	0.004422	+0.804%	$387	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1266%	1h	0.004395	+0.181%	$1.3M	$3.1M	50x	as long as short