Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Gate against Phemex−0.023%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$860.857% of the position

Long on Phemex Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.085%−$8 on $10k

Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.023%, 7d avg −0.014%

Together, before fees−0.062%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex PUMPUSDT	0.004372	0.0100	pay 0.0050% / 4h	35m 09s	$2.0M	$4.0M	20x
Short	Gate PUMP_USDT	0.004371	0.0100	get 0.0050% / 4h	35m 09s	$4.7M	$11.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.023%Rate

Funding earned: $0
Price spread: −0.023% → −0.014%: −$0.92
Slippage, 4 orders: −$58.68
Fee Phemex: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$86.6
Costs to cover: 0.857%
Break-even: never at this rate

Slippage from Phemex: live order book, 4 min ago; Gate: live order book, 3 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 Phemex live order book, 4 min ago	4.57 bp	25.0 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.14 bp	17.4 bp −$17	42.2 bp −$422	76.5 bp −$7,654	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
OKX PUMP-USDT-SWAP	−0.0006%	4h	0.004361	−0.252%	$22.9M	$96.4M	50x	as long as short
dYdX PUMP-USD	−0.0005%	1h	0.004376	+0.097%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004375	+0.069%	$18K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004374	+0.046%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004377	+0.114%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0011%	4h	0.004373	+0.023%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004373	+0.023%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.647%	$26K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004375	+0.058%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004376	+0.080%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004372	+0.008%	$730K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004376	+0.091%	$458K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004367	−0.103%	$77.8M	$163.7M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004373	+0.021%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004376	+0.091%	$42K	$53K	10x	as long as short
Gate PUMP_USDTshort	+0.0100%	4h	0.004371	−0.023%	$4.7M	$11.5M	75x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004377	+0.114%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004373	+0.023%	$17.4M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004373	+0.023%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004373	+0.032%	$779K	$181K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004375	+0.079%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004376	+0.096%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004378	+0.137%	$138K	$764K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004379	+0.160%	$97K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004375	+0.063%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004377	+0.114%	$1K	$717K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004373	+0.023%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004375	+0.069%	$22K	$135K	20x	as long as short
Phemex PUMPUSDTlong	+0.0100%	4h	0.004372	long leg	$2.0M	$4.0M	20x
Extended PUMP-USD	+0.0104%	1h	0.004373	+0.019%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004371	−0.023%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004380	+0.178%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004381	+0.206%	$39K	$207K	12x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004378	+0.126%	$486K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0240%	1h	0.004379	+0.160%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004382	+0.229%	$690K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0320% / S −0.0242%	1h	0.004376	+0.091%	$69K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004372	0.000%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004375	+0.068%	$2	—	3x	as long as short
Hyperliquid PUMP	+0.0375%	1h	0.004379	+0.160%	$161.3M	$52.5M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0467%	1h	0.004381	+0.204%	$182	$105K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0863%	1h	0.004379	+0.164%	$1.3M	$3.5M	50x	as long as short