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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0051%/8h= −5.6% APRnext payment $0.06 per $10,000 · paid last 24h −0.076%
Price spread now: Popdex against RISEx−1.049%7-day average −1.318% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$340.342% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.195%−$19 on $10k
Price spread, last 4 days (all we have)+0.368%+$37 · spread now −1.049%, 7d avg −1.318%
Together, before fees+0.174%+$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Popdex is 0.269% dearer against RISEx than usual: you sell high and buy low (spread −1.049% now, against its 7-day average of −1.318%): +$27 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 3 days (−0.195% in total) that is about 4.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx PUMP/USDC0.0043460.0147pay 0.0018% / 1h9m 05s$492K$1.0M10x
ShortPopdex PUMPUSDT0.0043000.0096get 0.0012% / 1h9m 05s$29K$764K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$10.72
Price spread: −1.049% → −1.318%
$26.92
Slippage, 4 orders
−$21.78
Fee RISEx: 3 bp × 2 orders
−$6
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$17.98
Costs to cover
0.342%
Break-even
never at this rate
Slippage from RISEx: live order book, 5 min ago; Popdex: live order book, 10 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, 5 min ago2.31 bp5.3 bp −$511.5 bp −$115doesn't fitdoesn't fit
Sell Popdex live order book, 10 min ago1.15 bp11.4 bp −$11doesn't fitdoesn'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-USD−0.3882%1h0.004339−0.142%$20K$9K5xas long as short
OKX PUMP-USDT-SWAP−0.0051%4h0.004355+0.217%$22.8M$95.7M50xas long as short
Orderly PERP_PUMP_USDC−0.0003%4h0.004348+0.056%$41K$10K10xas long as short
Perpl PUMP0.0000%43m0.004345−0.013%$20K$201K20xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004349+0.081%$55K150xas long as short
Backpack PUMP_USDC_PERP+0.0090%1h0.004354+0.194%$776K$180K5xas long as short
Lighter PUMP+0.0096%1h0.004350+0.102%$2.9M$5.5M10xas long as short
01 Exchange PUMPUSD+0.0096%1h0.004347+0.033%$6K$49710xas long as short
Popdex PUMPUSDTshort+0.0096%1h0.004300−1.049%$29K$764K20x
Paradex PUMP-USD-PERP+0.0100%8h0.004343−0.068%$42K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado PUMP-PERP+0.0100%1h0.004342−0.071%$1.6M$2.0M10xas long as short
Hyperliquid PUMP+0.0100%1h0.004361+0.355%$159.9M$52.2M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004352+0.148%$788K$2.0M50xas long as short
Pacifica PUMP+0.0100%1h0.004342−0.082%$450K$603K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004355+0.207%$77.5M$163.3M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004339−0.158%$25K$173K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004344−0.036%$42K$53K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004351+0.125%$4.7M$11.7M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004350+0.102%$23.0M$13.8M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004355+0.217%$17.3M$19.1M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004354+0.194%$12.7Mas long as short
edgeX PUMPUSDC+0.0100%4h0.004339−0.159%$64K$3.0M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004338−0.164%$1.2M$9.7M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004337−0.197%$137K$766K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004350+0.102%$91K$1.9M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004350+0.094%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004348+0.056%$2K$713K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004349+0.079%$717$6K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004342−0.082%$21K$138K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004348+0.056%$2.0M$3.9M20xas long as short
Extended PUMP-USD+0.0104%1h0.004355+0.208%$3.6M$3.8M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004349+0.079%$72K$18K3xas long as short
RISEx PUMP/USDClong+0.0147%1h0.004346long leg$492K$1.0M10x
Phoenix PUMP+0.0185%1h0.004345−0.008%$39K$99K10xas long as short
Deribit PUMP_USDC-PERPETUAL+0.0210%1h0.004352+0.148%$69K$126K25xas long as short
Coinbase International PUMP-PERP-INTX+0.0280%1h0.004345−0.013%$674K$5.4M50xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0314% / S −0.0231%1h0.004348+0.056%$67K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004349+0.079%$3.5M$3.8M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004345−0.015%$23xas long as short
Aftermath Perps PUMPUSD+0.0416%1h0.004343−0.056%$181$106K10xas long as short
Injective PUMP/USDC PERP+0.0652%1h0.004345−0.013%$38K$207K12xas long as short
Kraken Futures PF_PUMPUSD+0.0803%1h0.004355+0.215%$1.3M$3.5M50xas long as short