Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0047%/8h= −5.2% APRpaid last 24h −0.074%

Price spread now: BingX against RISEx−0.046%7-day average −0.046% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$310.315% of the position

Long on RISEx Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.189%−$19 on $10k

Price spread, last 7 days−0.001%$0 · spread now −0.046%, 7d avg −0.046%

Together, before fees−0.190%−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx PUMP/USDC	0.004322	0.0147	pay 0.0018% / 1h	53m 37s	$488K	$1.0M	10x
Short	BingX PUMP-USDT	0.004320	0.0100	get 0.0050% / 4h	1h 53m	—	$12.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee RISExbpFee BingXbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$9.88
Price spread: −0.046% → −0.046%: −$0.01
Slippage, 4 orders: −$15.49
Fee RISEx: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$41.38
Costs to cover: 0.315%
Break-even: never at this rate

Slippage from RISEx: live order book, 5 min ago; BingX: live order book, 15 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 RISEx live order book, 5 min ago	3.47 bp	6.5 bp −$6	13.8 bp −$138	doesn't fit	doesn't fit
Sell BingX live order book, 15 min ago	2.32 bp	9.5 bp −$9	14.0 bp −$140	37.6 bp −$3,760	121.5 bp −$60.8K

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	−0.6043%	1h	0.004329	+0.162%	$20K	$8K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0057%	4h	0.004321	−0.023%	$22.5M	$95.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0021%	4h	0.004322	0.000%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004323	+0.023%	$20K	$205K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004324	+0.046%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004324	+0.042%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0086%	4h	0.004323	+0.023%	$4.6M	$11.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004321	−0.023%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.509%	$29K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004321	−0.013%	$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	0.004323	+0.035%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004326	+0.093%	$158.4M	$52.6M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004323	+0.023%	$779K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004322	0.000%	$448K	$607K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004320	−0.045%	$76.7M	$163.6M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004328	+0.139%	$25K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004321	−0.023%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004325	+0.069%	$22.9M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004319	−0.069%	$17.1M	$19.1M	75x	as long as short
BingX PUMP-USDTshort	+0.0100%	4h	0.004320	−0.046%	—	$12.7M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004321	−0.019%	$770K	$181K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004320	−0.039%	$63K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004324	+0.053%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004319	−0.069%	$136K	$769K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004329	+0.162%	$92K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004323	+0.026%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004333	+0.255%	$2K	$710K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004322	0.000%	$713	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004324	+0.046%	$21K	$147K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004324	+0.046%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004319	−0.074%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004320	−0.046%	$71K	$18K	3x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004323	+0.023%	$40K	$99K	10x	as long as short
01 Exchange PUMPUSD	+0.0144%	1h	0.004333	+0.255%	$6K	$497	10x	as long as short
RISEx PUMP/USDClong	+0.0147%	1h	0.004322	long leg	$488K	$1.0M	10x
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004332	+0.231%	$657K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0309% / S −0.0227%	1h	0.004322	0.000%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004331	+0.208%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004323	+0.027%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0350%	1h	0.004323	+0.023%	$180	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004326	+0.093%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0808%	1h	0.004328	+0.147%	$1.3M	$3.5M	50x	as long as short