Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0098%/8h= −10.8% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Phemex+0.007%7-day average — · you sell dearer than you buy

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

Long on Phemex 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—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), 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	Phemex PUMPUSDT	0.004505	0.0100	pay 0.0050% / 4h	2h 27m	$2.0M	$3.9M	20x
Short	gTrade (Gains Network) PUMP/USD	0.004505	L +0.0002% / S −0.0002%	get 0.0000% / 1h	27m 19s	$54K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Phemex. 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 PhemexbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.007%Rate

Funding earned: −$20.66
Price spread: +0.007% → 0.000%: $0.71
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$41.95
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 1 min ago; 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 Phemex live order book, 1 min ago	4.45 bp	30.8 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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 41 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	−0.2129%	1h	0.004500	−0.106%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004506	+0.022%	$18K	$207K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004506	+0.022%	$72K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USDshort	L +0.0002% / S −0.0002%	1h	0.004505	+0.007%	$54K	—	150x
Orderly PERP_PUMP_USDC	+0.0070%	4h	0.004505	0.000%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004506	+0.022%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.111%	$30K	$771K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004507	+0.055%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004508	+0.059%	$730K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004505	0.000%	$494K	$662K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004505	+0.003%	$81.4M	$166.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004506	+0.022%	$24.3M	$98.8M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004495	−0.224%	$21K	$171K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004507	+0.044%	$40K	$63K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004505	0.000%	$4.8M	$10.9M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004511	+0.133%	$24.0M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004507	+0.044%	$17.8M	$19.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004505	0.000%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004501	−0.084%	$797K	$185K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004480	−0.566%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004487	−0.398%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004481	−0.533%	$139K	$754K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004511	+0.133%	$104K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004505	−0.004%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004508	+0.067%	$2K	$737K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004505	0.000%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004499	−0.133%	$22K	$117K	20x	as long as short
Phemex PUMPUSDTlong	+0.0100%	4h	0.004505	long leg	$2.0M	$3.9M	20x
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004504	−0.026%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004506	+0.029%	$3.8M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004502	−0.067%	$72K	$8K	3x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004489	−0.364%	$42K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0256%	1h	0.004513	+0.178%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004509	+0.080%	$532K	$1.0M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004508	+0.061%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0360% / S −0.0291%	1h	0.004504	−0.022%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004512	+0.155%	$717K	$5.8M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004492	−0.289%	$39K	$203K	12x	as long as short
Hyperliquid PUMP	+0.0628%	1h	0.004516	+0.244%	$168.6M	$54.7M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0745%	1h	0.004479	−0.578%	$593	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1234%	1h	0.004511	+0.134%	$1.3M	$3.1M	50x	as long as short