Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:36 UTC+0.0002%/8h= +0.3% APRpaid last 24h +0.016%

Price spread now: gTrade (Gains Network) against Perpl−0.042%7-day average — · you buy dearer than you sell

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

Long on Perpl Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPerpl: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: gTrade (Gains Network) is 0.042% cheaper against Perpl than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Perpl PUMP	0.004300	0	get 0.0000% / 43m	38m 52s	$19K	$203K	20x
Short	gTrade (Gains Network) PUMP/USD	0.004298	L +0.0003% / S −0.0002%	get 0.0000% / 1h	51m 52s	$55K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Perpl. 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 PerplbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.042%Rate

Funding earned: $0.49
Price spread: −0.042% → 0.000%: −$4.21
Slippage, 4 orders: no order book: not counted
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$27.52
Costs to cover: 0.238%
Break-even: 402.7 days

Slippage unknown: Perpl: no order-book sample; gTrade (Gains Network): 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 Perpl no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Perpl and gTrade (Gains Network): 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	−0.4742%	1h	0.004305	+0.116%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0396%	1h	0.004295	−0.126%	$768K	$185K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	−0.0215%	1h	0.004298	−0.047%	$68K	$126K	25x	as long as short
OKX PUMP-USDT-SWAP	−0.0075%	4h	0.004295	−0.116%	$22.5M	$94.4M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0015%	4h	0.004297	−0.070%	$40K	$10K	10x	as long as short
Perpl PUMPlong	0.0000%	43m	0.004300	long leg	$19K	$203K	20x
gTrade (Gains Network) PUMP/USDshort	L +0.0003% / S −0.0002%	1h	0.004298	−0.042%	$55K	—	150x
Gate PUMP_USDT	+0.0062%	4h	0.004295	−0.116%	$4.6M	$11.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004296	−0.093%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004200	−2.326%	$28K	$775K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004301	+0.015%	$41K	—	5x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004302	+0.047%	$157.4M	$52.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004299	−0.013%	$781K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004303	+0.070%	$447K	$614K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004297	−0.070%	$76.3M	$164.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004312	+0.274%	$20K	$177K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004300	0.000%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004298	−0.047%	$22.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004297	−0.070%	$16.9M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004296	−0.093%	—	$12.8M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004320	+0.475%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004321	+0.488%	$1.2M	$9.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004318	+0.419%	$136K	$767K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004296	−0.081%	$1.6M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004298	−0.047%	$106K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004299	−0.023%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004300	0.000%	$1K	$709K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004296	−0.093%	$709	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004295	−0.116%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004297	−0.070%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004297	−0.068%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004297	−0.070%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004300	0.000%	$490K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004322	+0.523%	$39K	$99K	10x	as long as short
01 Exchange PUMPUSD	+0.0152%	1h	0.004302	+0.047%	$6K	$497	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004301	+0.023%	$653K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0221%	1h	0.004298	−0.047%	$66K	—	100x	as long as short
Aftermath Perps PUMPUSD	+0.0329%	1h	0.004315	+0.344%	$271	$106K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004309	+0.209%	$3.4M	$3.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004294	−0.149%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.558%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0691%	1h	0.004300	+0.006%	$1.3M	$3.5M	50x	as long as short