Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Nado against Pacifica+0.100%50s7-day average +0.028% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.361% of the position

Long on Pacifica Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.643%+$64 · spread now +0.100%, 7d avg +0.028%

Together, before fees+0.646%+ Points / potential airdropPacifica: Active · Nado: Active · farm board+$65 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: Nado is 0.072% dearer against Pacifica than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.028%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica PUMP	0.004499	0.0100	pay 0.0013% / 1h	44m 38s	$522K	$725K	10x
Short	Nado PUMP-PERP	0.004503	0.0100	get 0.0012% / 1h	44m 38s	$1.7M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Pacifica. 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 PacificabpFee NadobpOrdersPrice spread, now +0.100%Rate

Funding earned: $0
Price spread: +0.100% → +0.028%: $7.22
Slippage, 4 orders: −$21.14
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$28.92
Costs to cover: 0.361%
Break-even: never at this rate

Slippage from Pacifica: live order book, 19 min ago; Nado: live order book, 4 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 Pacifica live order book, 19 min ago	1.11 bp	11.5 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 4 min ago	1.11 bp	8.0 bp −$8	21.4 bp −$214	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	0.0000%	1h	0.004501	+0.044%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004502	+0.067%	$18K	$222K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004502	+0.067%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004499	+0.005%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0093%	4h	0.004502	+0.067%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004498	−0.022%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.200%	$27K	$779K	20x	as long as short
Nado PUMP-PERPshort	+0.0100%	1h	0.004503	+0.100%	$1.7M	$2.0M	10x
Aster PUMPUSDT	+0.0100%	4h	0.004498	−0.030%	$708K	$2.4M	50x	as long as short
Pacifica PUMPlong	+0.0100%	1h	0.004499	long leg	$522K	$725K	10x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004495	−0.089%	$82.3M	$169.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004494	−0.111%	$24.5M	$99.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004502	+0.067%	$26K	$187K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004495	−0.089%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004493	−0.133%	$5.0M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004499	0.000%	$23.9M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004495	−0.089%	$17.7M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004493	−0.133%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004505	+0.138%	$799K	$187K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004497	−0.035%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004502	+0.076%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004513	+0.311%	$150K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004507	+0.178%	$106K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004502	+0.068%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004499	0.000%	$2K	$748K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004502	+0.067%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004496	−0.067%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004501	+0.044%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004500	+0.014%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004496	−0.067%	$72K	$8K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0232% / S −0.0084%	1h	0.004499	0.000%	$61K	—	100x	as long as short
Extended PUMP-USD	+0.0296%	1h	0.004493	−0.126%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004496	−0.067%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004508	+0.193%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004504	+0.111%	$3.7M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004503	+0.083%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004505	+0.133%	$701K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004497	−0.044%	$535K	$983K	10x	as long as short
Hyperliquid PUMP	+0.0626%	1h	0.004506	+0.156%	$168.5M	$56.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0862%	1h	0.004504	+0.104%	$595	$114K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004503	+0.089%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1327%	1h	0.004508	+0.199%	$1.4M	$3.0M	50x	as long as short