Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: KuCoin against Popdex+0.837%7-day average +1.364% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$720.717% of the position

Long on Popdex Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.005%+$1 on $10k

Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.837%, 7d avg +1.364%

Together, before fees−0.053%−$5 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: KuCoin is 0.527% cheaper against Popdex than usual: you would sell low and buy high, −$53 on $10k if it goes back to its 7-day average of +1.364%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex PUMPUSDT	0.004300	0.0096	pay 0.0012% / 1h	27m 52s	$29K	$766K	20x
Short	KuCoin PUMPUSDTM	0.004336	0.0100	get 0.0050% / 4h	2h 27m	$22.8M	$13.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee PopdexbpFee KuCoinbpOrdersPrice spread, now +0.837%Rate

Funding earned: $0.84
Price spread: +0.837% → +1.364%: −$52.72
Slippage, 4 orders: −$53.28
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$123.56
Costs to cover: 0.717%
Break-even: 1036.7 days

Slippage from Popdex: live order book, 61 min ago; KuCoin: live order book, 6 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 Popdex live order book, 61 min ago	4.64 bp	16.7 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	3.46 bp	19.4 bp −$19	54.0 bp −$540	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
dYdX PUMP-USD	−0.3470%	1h	0.004331	+0.716%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0320%	1h	0.004329	+0.672%	$772K	$182K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004326	+0.605%	$20K	$204K	20x	as long as short
OKX PUMP-USDT-SWAP	−0.0074%	4h	0.004330	+0.698%	$22.6M	$95.2M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0020%	4h	0.004327	+0.628%	$41K	$10K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004328	+0.651%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004329	+0.669%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004329	+0.674%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDTlong	+0.0096%	1h	0.004300	long leg	$29K	$766K	20x
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004328	+0.661%	$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	0.004326	+0.616%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004338	+0.884%	$158.6M	$52.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004330	+0.690%	$785K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004330	+0.698%	$449K	$611K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004333	+0.768%	$76.9M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004324	+0.547%	$25K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004327	+0.628%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004332	+0.744%	$4.6M	$11.7M	75x	as long as short
KuCoin PUMPUSDTMshort	+0.0100%	4h	0.004336	+0.837%	$22.8M	$13.9M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004332	+0.744%	$17.1M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004331	+0.721%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004330	+0.693%	$63K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004329	+0.669%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004333	+0.767%	$137K	$769K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004331	+0.721%	$107K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004328	+0.646%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004328	+0.651%	$1K	$708K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004326	+0.605%	$713	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004324	+0.558%	$21K	$148K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004324	+0.558%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004332	+0.745%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004326	+0.605%	$71K	$18K	3x	as long as short
01 Exchange PUMPUSD	+0.0112%	1h	0.004329	+0.674%	$6K	$497	10x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004328	+0.651%	$492K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004337	+0.867%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004331	+0.721%	$657K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0306% / S −0.0224%	1h	0.004327	+0.628%	$67K	—	100x	as long as short
Aftermath Perps PUMPUSD	+0.0330%	1h	0.004327	+0.626%	$200	$106K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004321	+0.488%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004325	+0.589%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.558%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0685%	1h	0.004332	+0.746%	$1.3M	$3.5M	50x	as long as short