Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h −0.017%

Price spread now: Deribit against SunX+0.067%7-day average +0.001% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.273%−$27 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.067%, 7d avg +0.001%

Together, before fees−0.326%−$33 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.066% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.273%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PUMP-USDT	0.004505	0.0100	pay 0.0050% / 4h	1h 03m	$2K	$770K	20x
Short	Deribit PUMP_USDC-PERPETUAL	0.004508	0.0194	get 0.0024% / 1h	3m 48s	$69K	$116K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SunX. 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 SunXbpFee DeribitbpOrdersPrice spread, now +0.067%Rate

Funding earned: $19.74
Price spread: +0.067% → +0.001%: $6.58
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $11.32
Costs to cover: 0.150%
Break-even: 3.0 days

Slippage unknown: SunX: live order book, 58 min ago; Deribit: live order book, 35 min ago. Net counts fees only.

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 SunX live order book, 58 min ago	501.15 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Deribit live order book, 35 min ago	5.52 bp	9.0 bp −$9	21.8 bp −$218	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	−0.0005%	1h	0.004504	−0.022%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004505	0.000%	$18K	$268K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004506	+0.015%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0074%	4h	0.004507	+0.044%	$5.0M	$10.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004506	+0.022%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.111%	$29K	$647K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004503	−0.044%	$824K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004505	0.000%	$531K	$859K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004504	−0.023%	$82.5M	$172.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004499	−0.133%	$24.8M	$98.1M	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	0.004523	+0.402%	$27K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004507	+0.044%	$65K	$100K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004508	+0.067%	$24.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004506	+0.022%	$17.7M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004506	+0.022%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004507	+0.049%	$807K	$200K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004528	+0.503%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004528	+0.508%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004530	+0.555%	$153K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004509	+0.089%	$105K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004506	+0.022%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004506	+0.018%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDTlong	+0.0100%	4h	0.004505	long leg	$2K	$770K	20x
SoDEX PUMP-USD	+0.0100%	1h	0.004506	+0.022%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004502	−0.067%	$21K	$83K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004507	+0.044%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004503	−0.053%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004508	+0.071%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004505	0.000%	$67K	$10K	3x	as long as short
Deribit PUMP_USDC-PERPETUALshort	+0.0194%	1h	0.004508	+0.067%	$69K	$116K	25x
Nado PUMP-PERP	+0.0210%	1h	0.004507	+0.055%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004506	+0.022%	$64K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0312%	1h	0.004507	+0.044%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004510	+0.111%	$3.8M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004506	+0.017%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004538	+0.744%	$48K	$139K	10x	as long as short
Hyperliquid PUMP	+0.0494%	1h	0.004511	+0.133%	$168.6M	$51.1M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004519	+0.311%	$728K	$5.9M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0548%	1h	0.004508	+0.056%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004530	+0.555%	$38K	$205K	12x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004508	+0.055%	$537K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1008%	1h	0.004521	+0.353%	$500	$112K	10x	as long as short