Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:55 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Perpl against OKX+0.046%7-day average +0.048% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 7 days−0.157%−$16 on $10k

Price spread, last 3 days (all we have)+0.343%+$34 · spread now +0.046%, 7d avg +0.048%

Together, before fees+0.186%+ Points / potential airdropPerpl: Active · farm board+$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.048%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PUMP-USDT-SWAP	0.004383	0.0100	pay 0.0050% / 4h	2h 54m	$23.4M	$95.9M	50x
Short	Perpl PUMP	0.004385	0	get 0.0000% / 43m	16m 19s	$20K	$200K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl 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 PerplbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$21
Price spread: +0.046% → +0.048%: −$0.21
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$45.01
Costs to cover: 0.238%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 5 min ago; Perpl: no order-book sample. Net counts fees only.

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, 5 min ago	1.13 bp	8.5 bp −$8	19.5 bp −$195	188.0 bp −$18.8K	doesn't fit
Sell Perpl no order-book sample	—	—	—	—	—

Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.479%	$139K	$759K	50x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004396	+0.303%	$20K	$9K	5x	as long as short
Perpl PUMPshort	0.0000%	43m	0.004385	+0.046%	$20K	$200K	20x
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004385	+0.046%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004384	+0.018%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0059%	4h	0.004385	+0.046%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004397	+0.319%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.894%	$26K	$770K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004383	+0.003%	$702K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004394	+0.251%	$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 PUMPUSDT	+0.0100%	4h	0.004385	+0.046%	$78.7M	$164.8M	75x	as long as short
OKX PUMP-USDT-SWAPlong	+0.0100%	4h	0.004383	long leg	$23.4M	$95.9M	50x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004393	+0.219%	$26K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004380	−0.068%	$39K	$60K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004384	+0.023%	$4.8M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004388	+0.114%	$23.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004389	+0.137%	$17.5M	$19.2M	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	0.004393	+0.235%	$782K	$178K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004405	+0.507%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004395	+0.266%	$1.2M	$10.4M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004389	+0.137%	$101K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004386	+0.077%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004385	+0.046%	$2K	$732K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004388	+0.114%	$275	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004389	+0.137%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004393	+0.228%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004387	+0.091%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004386	+0.080%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004387	+0.091%	$70K	$9K	3x	as long as short
Nado PUMP-PERP	+0.0206%	1h	0.004385	+0.057%	$1.6M	$2.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0208%	1h	0.004382	−0.023%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004402	+0.424%	$39K	$103K	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004381	−0.046%	$478K	$996K	10x	as long as short
Hyperliquid PUMP	+0.0324%	1h	0.004388	+0.114%	$161.6M	$53.7M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004392	+0.205%	$3.6M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004381	−0.038%	$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
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004392	+0.205%	$685K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004401	+0.411%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0719%	1h	0.004416	+0.757%	$386	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1267%	1h	0.004392	+0.215%	$1.3M	$3.1M	50x	as long as short