Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.023%

Price spread now: 01 Exchange against Phemex+0.044%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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and 01 Exchange is 0.044% dearer against Phemex than usual: you sell high and buy low: +$4 more if the spread 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	Phemex PUMPUSDT	0.004533	0.0100	pay 0.0050% / 4h	1h 38m	$2.0M	$3.9M	20x
Short	01 Exchange PUMPUSD	0.004535	0.0336	get 0.0042% / 1h	38m 58s	$6K	$600	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.044%Rate

Funding earned: $49.56
Price spread: +0.044% → 0.000%: $4.41
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $34.97
Costs to cover: 0.190%
Break-even: 2.1 days

Slippage unknown: Phemex: live order book, 5 min ago; 01 Exchange: 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, 5 min ago	12.11 bp	33.2 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	0.0000%	1h	0.004530	−0.064%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004528	−0.110%	$18K	$260K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004531	−0.044%	$69K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004528	−0.100%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004532	−0.022%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.728%	$33K	$635K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004530	−0.066%	$829K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004526	−0.154%	$537K	$850K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004531	−0.045%	$83.1M	$171.7M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004528	−0.110%	$24.8M	$99.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004533	+0.007%	$27K	$162K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004533	0.000%	$65K	$100K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004529	−0.088%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004532	−0.022%	$24.5M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004529	−0.088%	$18.0M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004529	−0.088%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004531	−0.038%	$810K	$200K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004545	+0.259%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004539	+0.133%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004547	+0.309%	$153K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004533	0.000%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004529	−0.088%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004529	−0.099%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004529	−0.088%	$2K	$766K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004531	−0.044%	$284	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004529	−0.088%	$22K	$85K	20x	as long as short
Phemex PUMPUSDTlong	+0.0100%	4h	0.004533	long leg	$2.0M	$3.9M	20x
Extended PUMP-USD	+0.0104%	1h	0.004528	−0.102%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004528	−0.110%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0106%	8h	0.004528	−0.104%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0195%	1h	0.004532	−0.011%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004529	−0.088%	$55K	—	100x	as long as short
01 Exchange PUMPUSDshort	+0.0336%	1h	0.004535	+0.044%	$6K	$600	10x
BloFin PUMP-USDT	+0.0340%	4h	0.004533	0.000%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004531	−0.049%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004537	+0.097%	$48K	$139K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004535	+0.044%	$727K	$5.8M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0545%	1h	0.004533	−0.009%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004537	+0.088%	$38K	$205K	12x	as long as short
Hyperliquid PUMP	+0.0625%	1h	0.004536	+0.066%	$169.6M	$51.2M	10x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004534	+0.022%	$552K	$1.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1099%	1h	0.004533	−0.004%	$501	$112K	10x	as long as short