Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Phemex+0.229%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$750.748% of the position

Long on Phemex Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.179%−$18 on $10k

Price spread, last 3 days (all we have)−0.281%−$28 · spread now +0.229%, 7d avg +0.011%

Together, before fees−0.459%+ Points / potential airdropPacifica: Active · farm board−$46 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: Pacifica is 0.218% dearer against Phemex than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex PUMPUSDT	0.004367	0.0100	pay 0.0050% / 4h	3h 43m	$2.0M	$4.0M	20x
Short	Pacifica PUMP	0.004377	0.0100	get 0.0013% / 1h	43m 22s	$457K	$606K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.229%Rate

Funding earned: $0
Price spread: +0.229% → +0.011%: $21.8
Slippage, 4 orders: −$54.81
Fee Phemex: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$53.02
Costs to cover: 0.748%
Break-even: never at this rate

Slippage from Phemex: live order book, 5 min ago; Pacifica: live order book, 30 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, 5 min ago	3.44 bp	29.7 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 30 min ago	2.29 bp	10.9 bp −$11	doesn't fit	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
Backpack PUMP_USDC_PERP	−0.0159%	1h	0.004367	0.000%	$778K	$178K	5x	as long as short
dYdX PUMP-USD	−0.0020%	1h	0.004379	+0.275%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004383	+0.366%	$18K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004366	−0.023%	$69K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004384	+0.390%	$55K	—	150x	as long as short
OKX PUMP-USDT-SWAP	+0.0031%	4h	0.004384	+0.389%	$22.9M	$97.1M	50x	as long as short
Orderly PERP_PUMP_USDC	+0.0041%	4h	0.004384	+0.389%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004375	+0.183%	$2.9M	$5.3M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.534%	$33K	$775K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004377	+0.224%	$42K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PUMP-PERP	+0.0100%	1h	0.004381	+0.332%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004381	+0.324%	$718K	$2.3M	50x	as long as short
Pacifica PUMPshort	+0.0100%	1h	0.004377	+0.229%	$457K	$606K	10x
Binance PUMPUSDT	+0.0100%	4h	0.004384	+0.389%	$78.4M	$163.8M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004364	−0.071%	$26K	$165K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004381	+0.321%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004380	+0.298%	$4.7M	$10.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004385	+0.412%	$23.3M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004380	+0.298%	$17.5M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004384	+0.389%	—	$12.8M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004360	−0.152%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004372	+0.114%	$1.2M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004365	−0.046%	$138K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004385	+0.412%	$96K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004367	−0.010%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004367	0.000%	$2K	$722K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004366	−0.023%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004364	−0.069%	$21K	$136K	20x	as long as short
Phemex PUMPUSDTlong	+0.0100%	4h	0.004367	long leg	$2.0M	$4.0M	20x
Extended PUMP-USD	+0.0104%	1h	0.004379	+0.265%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004385	+0.412%	$70K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0192%	1h	0.004385	+0.412%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004370	+0.057%	$40K	$99K	10x	as long as short
Hyperliquid PUMP	+0.0263%	1h	0.004388	+0.481%	$161.4M	$53.2M	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004383	+0.374%	$479K	$1.0M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004366	−0.023%	$3.5M	$4.1M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004381	+0.317%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0346% / S −0.0288%	1h	0.004384	+0.389%	$74K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004376	+0.206%	$689K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004368	+0.023%	$38K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0533%	1h	0.004369	+0.045%	$382	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0941%	1h	0.004371	+0.103%	$1.3M	$3.5M	50x	as long as short