Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.007%
Price spread now: Coinbase International against Popdex+2.429%7-day average +1.388% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs+$45as in the Price arb table
costs, in and out, $10k−$590.589% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.004%$0 on $10k
Price spread, last 3 days (all we have)−0.196%−$20 · spread now +2.429%, 7d avg +1.388%
Together, before fees−0.192%−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 1.040% dearer against Popdex than usual: you sell high and buy low: +$104 more if the spread goes back to its 7-day average of +1.388%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex PUMPUSDT0.0042000.0096pay 0.0012% / 1h50m 55s$28K$775K20x
ShortCoinbase International PUMP-PERP-INTX0.0043020.0240get 0.0030% / 1h50m 55s$654K$5.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Popdex. 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

Funding earned
$30.24
Price spread: +2.429% → +1.388%
$104.03
Slippage, 4 orders
−$42.5
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$75.37
Costs to cover
0.589%
Break-even
from the start
Slippage from Popdex: live order book, 38 min ago; Coinbase International: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Popdex live order book, 38 min ago4.64 bp16.7 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago4.64 bp9.6 bp −$1015.9 bp −$159doesn't fitdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.4465%1h0.004300+2.380%$20K$8K5xas long as short
Backpack PUMP_USDC_PERP−0.0462%1h0.004299+2.364%$769K$185K5xas long as short
OKX PUMP-USDT-SWAP−0.0075%4h0.004301+2.405%$22.5M$94.5M50xas long as short
Orderly PERP_PUMP_USDC−0.0015%4h0.004298+2.333%$40K$10K10xas long as short
Perpl PUMP0.0000%43m0.004297+2.310%$19K$203K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004301+2.405%$68K$126K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004299+2.352%$55K150xas long as short
Gate PUMP_USDT+0.0066%4h0.004300+2.381%$4.6M$11.6M75xas long as short
Lighter PUMP+0.0096%1h0.004299+2.357%$2.9M$5.5M10xas long as short
Popdex PUMPUSDTlong+0.0096%1h0.004200long leg$28K$775K20x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PUMP-USD-PERP+0.0100%8h0.004298+2.333%$41K5xas long as short
Hyperliquid PUMP+0.0100%1h0.004305+2.500%$157.5M$52.1M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004301+2.415%$781K$2.1M50xas long as short
Pacifica PUMP+0.0100%1h0.004298+2.333%$447K$614K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004302+2.436%$76.3M$164.9M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004312+2.662%$20K$177K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004298+2.333%$42K$53K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004303+2.452%$22.7M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004301+2.405%$16.9M$19.2M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004300+2.381%$12.8Mas long as short
edgeX PUMPUSDC+0.0100%4h0.004310+2.623%$63K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004321+2.881%$1.2M$9.5M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004314+2.714%$136K$767K50xas long as short
Nado PUMP-PERP+0.0100%1h0.004296+2.298%$1.6M$2.0M10xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004300+2.381%$107K$1.8M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004300+2.382%$4K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004299+2.357%$1K$709K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004297+2.310%$709$6K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004296+2.286%$21K$146K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004295+2.262%$2.0M$4.0M20xas long as short
Extended PUMP-USD+0.0104%1h0.004302+2.433%$3.5M$3.7M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004298+2.333%$71K$18K3xas long as short
RISEx PUMP/USDC+0.0125%1h0.004300+2.381%$490K$1.0M10xas long as short
Phoenix PUMP+0.0129%1h0.004311+2.636%$39K$99K10xas long as short
01 Exchange PUMPUSD+0.0144%1h0.004298+2.333%$6K$49710xas long as short
Coinbase International PUMP-PERP-INTXshort+0.0240%1h0.004302+2.429%$654K$5.4M50x
GMX PUMP/USD [WBTC.b-USDC]L +0.0304% / S −0.0221%1h0.004299+2.357%$66K100xas long as short
Aftermath Perps PUMPUSD+0.0329%1h0.004312+2.665%$271$106K10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004299+2.357%$3.4M$3.6M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004297+2.300%$23xas long as short
Injective PUMP/USDC PERP+0.0521%1h0.004324+2.952%$38K$207K12xas long as short
Kraken Futures PF_PUMPUSD+0.0690%1h0.004303+2.445%$1.3M$3.5M50xas long as short