Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0222%/8h= −24.3% APRpaid last 24h −0.068%

Price spread now: Gate against RISEx−0.189%7-day average −0.036% · 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−$56as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on RISEx Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.196%−$20 on $10k

Price spread, last 7 days+0.164%+$16 · spread now −0.189%, 7d avg −0.036%

Together, before fees−0.032%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.153% cheaper against RISEx than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.036%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx PUMP/USDC	0.004491	0.0322	pay 0.0040% / 1h	8m 35s	$530K	$1.0M	10x
Short	Gate PUMP_USDT	0.004483	0.0100	get 0.0050% / 4h	2h 08m	$4.9M	$11.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.189%Rate

Funding earned: −$46.66
Price spread: −0.189% → −0.036%: −$15.3
Slippage, 4 orders: −$19.59
Fee RISEx: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$102.55
Costs to cover: 0.406%
Break-even: never at this rate

Slippage from RISEx: live order book, 5 min ago; Gate: live order book, 5 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	2.23 bp	5.2 bp −$5	14.9 bp −$149	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	2.23 bp	14.3 bp −$14	33.3 bp −$333	73.5 bp −$7,350	doesn't fit

PUMP on 41 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	−0.4506%	1h	0.004479	−0.276%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004479	−0.278%	$18K	$213K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004482	−0.212%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004480	−0.249%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0084%	4h	0.004482	−0.212%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004489	−0.056%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.037%	$30K	$779K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004487	−0.100%	$695K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004489	−0.056%	$523K	$717K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004490	−0.036%	$82.0M	$167.9M	75x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004493	+0.033%	$24.4M	$98.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004489	−0.053%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004489	−0.056%	$41K	$66K	10x	as long as short
Gate PUMP_USDTshort	+0.0100%	4h	0.004483	−0.189%	$4.9M	$11.1M	75x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004490	−0.033%	$23.8M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004494	+0.056%	$17.7M	$19.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004485	−0.145%	—	$13.0M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004482	−0.209%	$797K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004501	+0.212%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004501	+0.213%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004504	+0.278%	$150K	$753K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004495	+0.089%	$1.7M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004495	+0.078%	$99K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004481	−0.230%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004482	−0.212%	$2K	$745K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004483	−0.189%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004475	−0.367%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004481	−0.234%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004490	−0.035%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004479	−0.278%	$71K	$8K	3x	as long as short
Extended PUMP-USD	+0.0216%	1h	0.004486	−0.114%	$3.8M	$4.3M	50x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004502	+0.234%	$43K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004494	+0.056%	$6K	$727	10x	as long as short
RISEx PUMP/USDClong	+0.0322%	1h	0.004491	long leg	$530K	$1.0M	10x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004495	+0.072%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0364% / S −0.0295%	1h	0.004480	−0.256%	$72K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004493	+0.033%	$714K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004511	+0.434%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0735%	1h	0.004493	+0.033%	$168.4M	$55.3M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0868%	1h	0.004493	+0.030%	$593	$112K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1240%	1h	0.004488	−0.078%	$1.3M	$3.1M	50x	as long as short