Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Ondo Perps+0.093%7-day average +0.080% · you sell dearer than you buy

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

Long on Ondo Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.093%, 7d avg +0.080%

Together, before fees+0.040%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps PUMP-USD.P	0.004505	0.0100	pay 0.0013% / 1h	41m 05s	$27K	$151K	5x
Short	KuCoin PUMPUSDTM	0.004509	0.0100	get 0.0050% / 4h	41m 05s	$24.3M	$13.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Ondo Perps. 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 Ondo PerpsbpFee KuCoinbpOrdersPrice spread, now +0.093%Rate

Funding earned: $0
Price spread: +0.093% → +0.080%: $1.34
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$15.66
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 8 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 8 min ago	2.22 bp	23.5 bp −$24	64.6 bp −$646	doesn't fit	doesn't fit

Ondo Perps: 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
dYdX PUMP-USD	0.0000%	1h	0.004513	+0.184%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004507	+0.049%	$18K	$267K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004506	+0.025%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0040%	4h	0.004504	−0.018%	$5.0M	$10.2M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004509	+0.093%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.107%	$29K	$641K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004504	−0.014%	$824K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004511	+0.138%	$532K	$865K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004505	+0.009%	$82.4M	$172.5M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004500	−0.107%	$24.8M	$98.5M	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.Plong	+0.0100%	1h	0.004505	long leg	$27K	$151K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004511	+0.138%	$65K	$100K	10x	as long as short
KuCoin PUMPUSDTMshort	+0.0100%	4h	0.004509	+0.093%	$24.3M	$13.8M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004501	−0.084%	$17.7M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004507	+0.049%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004506	+0.018%	$806K	$202K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004500	−0.100%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004500	−0.100%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004506	+0.027%	$152K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004511	+0.138%	$108K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004505	+0.004%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004507	+0.040%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004509	+0.093%	$1K	$770K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004506	+0.027%	$250	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004505	+0.004%	$21K	$76K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004508	+0.071%	$1.9M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004510	+0.114%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004504	−0.011%	$3.8M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004503	−0.040%	$67K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0193%	1h	0.004507	+0.060%	$1.6M	$2.1M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0194%	1h	0.004506	+0.027%	$69K	$116K	25x	as long as short
Hyperliquid PUMP	+0.0231%	1h	0.004513	+0.182%	$168.4M	$51.1M	10x	as long as short
01 Exchange PUMPUSD	+0.0264%	1h	0.004511	+0.138%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0279%	1h	0.004515	+0.226%	$38K	$204K	12x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004505	+0.004%	$64K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004504	−0.018%	$3.8M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004505	−0.002%	$2	—	3x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004511	+0.147%	$47K	$139K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0446%	1h	0.004507	+0.048%	$1.1M	$3.5M	50x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0536%	1h	0.004515	+0.226%	$731K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0784%	1h	0.004512	+0.162%	$535K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0954%	1h	0.004504	−0.027%	$499	$112K	10x	as long as short