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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0684%/8h= −74.9% APRnext payment $0.86 per $10,000 · paid last 24h −0.070%
Price spread now: Arcus against RISEx−0.026%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$300.296% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.216%−$22 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.026%, 7d avg −0.029%
Together, before fees−0.273%−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.216% in total (about -21.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx PUMP/USDC0.0045070.0784pay 0.0098% / 1h45m 18s$537K$1.1M10x
ShortArcus PUMP-USD0.0045060.0100get 0.0013% / 1h45m 18s$65K$100K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against RISEx. 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
−$143.71
Price spread: −0.026% → −0.029%
$0.24
Slippage, 4 orders
−$19.05
Fee RISEx: 3 bp × 2 orders
−$6
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$173.03
Costs to cover
0.296%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; Arcus: live order book, 84 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 RISEx live order book, 3 min ago4.44 bp7.4 bp −$714.4 bp −$144doesn't fitdoesn't fit
Sell Arcus live order book, 84 min ago4.42 bp8.0 bp −$818.5 bp −$185doesn'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-USD0.0000%1h0.004504−0.068%$21K$11K5xas long as short
Perpl PUMP0.0000%43m0.004502−0.115%$18K$272K20xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004499−0.182%$55K150xas long as short
Gate PUMP_USDT+0.0038%4h0.004501−0.137%$5.0M$10.2M75xas long as short
Lighter PUMP+0.0096%1h0.004504−0.071%$2.9M$4.6M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004500−0.160%$29K$648K20xas long as short
Aster PUMPUSDT+0.0100%4h0.004501−0.147%$823K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004504−0.071%$531K$865K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004502−0.115%$82.4M$173.2M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004501−0.137%$24.8M$98.8M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps PUMP-USD.P+0.0100%1h0.004496−0.237%$27K$150K5xas long as short
Arcus PUMP-USDshort+0.0100%1h0.004506−0.026%$65K$100K10x
KuCoin PUMPUSDTM+0.0100%4h0.004506−0.026%$24.3M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004500−0.160%$17.7M$19.2M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004503−0.093%$14.2Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004501−0.144%$805K$202K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004508+0.026%$66K$3.2M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004500−0.158%$1.3M$10.6M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004501−0.137%$152K$744K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004506−0.026%$108K$2.2M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004500−0.160%$43K$2K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004507+0.007%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004502−0.115%$1K$773K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004500−0.160%$251$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004500−0.160%$21K$83K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004505−0.049%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0102%8h0.004505−0.047%$43K$2765xas long as short
Extended PUMP-USD+0.0104%1h0.004498−0.198%$3.8M$3.7M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004498−0.204%$67K$10K3xas long as short
Nado PUMP-PERP+0.0170%1h0.004502−0.104%$1.6M$2.1M10xas long as short
Deribit PUMP_USDC-PERPETUAL+0.0195%1h0.004501−0.137%$69K$116K25xas long as short
Hyperliquid PUMP+0.0202%1h0.004508+0.018%$168.2M$51.1M10xas long as short
01 Exchange PUMPUSD+0.0272%1h0.004506−0.026%$6K$60010xas long as short
Injective PUMP/USDC PERP+0.0279%1h0.004508+0.018%$38K$204K12xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0303% / S −0.0274%1h0.004500−0.160%$64K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004506−0.026%$3.8M$4.6M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004502−0.121%$23xas long as short
Phoenix PUMP+0.0410%1h0.004502−0.115%$47K$139K10xas long as short
Kraken Futures PF_PUMPUSD+0.0447%1h0.004503−0.100%$1.1M$3.5M50xas long as short
Coinbase International PUMP-PERP-INTX+0.0536%1h0.004507−0.004%$726K$5.9M50xas long as short
RISEx PUMP/USDClong+0.0784%1h0.004507long leg$537K$1.1M10x
Aftermath Perps PUMPUSD+0.0962%1h0.004500−0.153%$498$113K10xas long as short