Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0684%/8h= −74.9% APRpaid last 24h −0.070%

Price spread now: KuCoin against RISEx+0.033%7-day average +0.030% · 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−$53as in the Price arb table

costs, in and out, $10k−$530.532% of the position

Long on RISEx Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.233%−$23 on $10k

Price spread, last 7 days−0.054%−$5 · spread now +0.033%, 7d avg +0.030%

Together, before fees−0.287%−$29 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.030%, 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 -0.233% in total (about -22.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx PUMP/USDC	0.004484	0.0784	pay 0.0098% / 1h	39m 04s	$532K	$1.1M	10x
Short	KuCoin PUMPUSDTM	0.004486	0.0100	get 0.0050% / 4h	39m 04s	$24.2M	$13.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$143.71
Price spread: +0.033% → +0.030%: $0.36
Slippage, 4 orders: −$35.21
Fee RISEx: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$196.56
Costs to cover: 0.532%
Break-even: never at this rate

Slippage from RISEx: live order book, 4 min ago; KuCoin: live order book, 10 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, 4 min ago	2.22 bp	5.2 bp −$5	10.3 bp −$103	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	2.22 bp	23.5 bp −$24	64.6 bp −$646	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	0.0000%	1h	0.004483	−0.031%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004485	+0.011%	$18K	$265K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004484	−0.015%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0022%	4h	0.004484	−0.011%	$5.0M	$10.2M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004489	+0.100%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.884%	$28K	$641K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004484	−0.011%	$820K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004484	−0.011%	$526K	$854K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004485	+0.006%	$82.1M	$172.3M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004483	−0.033%	$24.8M	$98.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004505	+0.453%	$27K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004483	−0.033%	$65K	$100K	10x	as long as short
KuCoin PUMPUSDTMshort	+0.0100%	4h	0.004486	+0.033%	$24.2M	$13.8M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004485	+0.011%	$17.6M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004486	+0.033%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004484	−0.009%	$804K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004506	+0.476%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004507	+0.507%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004509	+0.546%	$152K	$743K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004488	+0.078%	$105K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004485	+0.011%	$42K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004490	+0.116%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004483	−0.033%	$2K	$770K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004485	+0.011%	$251	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004479	−0.123%	$21K	$76K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004488	+0.078%	$1.9M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004483	−0.032%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004483	−0.026%	$3.8M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004483	−0.033%	$66K	$10K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0196%	1h	0.004487	+0.056%	$69K	$116K	25x	as long as short
Hyperliquid PUMP	+0.0210%	1h	0.004489	+0.100%	$167.5M	$49.6M	10x	as long as short
Nado PUMP-PERP	+0.0215%	1h	0.004488	+0.067%	$1.6M	$2.1M	10x	as long as short
01 Exchange PUMPUSD	+0.0264%	1h	0.004484	−0.011%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0279%	1h	0.004515	+0.680%	$38K	$204K	12x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0302% / S −0.0274%	1h	0.004485	+0.011%	$64K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004485	+0.011%	$3.7M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004487	+0.050%	$2	—	3x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004511	+0.600%	$47K	$139K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0448%	1h	0.004488	+0.070%	$1.1M	$3.5M	50x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0536%	1h	0.004491	+0.145%	$726K	$5.9M	50x	as long as short
RISEx PUMP/USDClong	+0.0784%	1h	0.004484	long leg	$532K	$1.1M	10x
Aftermath Perps PUMPUSD	+0.0945%	1h	0.004497	+0.275%	$497	$112K	10x	as long as short