Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0082%/8h= +9.0% APRpaid last 24h −0.367%

Price spread now: Injective against SunX+0.046%61s7-day average −0.098% · you sell dearer than you buy

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

Long on SunX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−1.306%−$131 on $10k

Price spread, last 3 days (all we have)−0.140%−$14 · spread now +0.046%, 7d avg −0.098%

Together, before fees−1.446%−$145 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Injective is 0.144% dearer against SunX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.098%. Mind the row above: over the last 7 days funding on this pair cost −1.306%, so the current rate has only just turned in your favour. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PUMP-USDT	0.004379	0.0100	pay 0.0050% / 4h	35m 30s	$1K	$717K	20x
Short	Injective PUMP/USDC PERP	0.004381	0.0182	get 0.0023% / 1h	35m 30s	$39K	$207K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.046%Rate

Funding earned: $17.31
Price spread: +0.046% → −0.098%: $14.37
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $23.66
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SunX: live order book, 26 min ago; Injective: live order book, 43 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, 26 min ago	500.51 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Injective live order book, 43 min ago	12.67 bp	21.9 bp −$22	doesn't fit	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
OKX PUMP-USDT-SWAP	−0.0006%	4h	0.004373	−0.137%	$22.9M	$96.6M	50x	as long as short
dYdX PUMP-USD	−0.0005%	1h	0.004376	−0.063%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004375	−0.091%	$18K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004380	+0.023%	$70K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004377	−0.046%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0011%	4h	0.004373	−0.137%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004375	−0.091%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.804%	$26K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004375	−0.102%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004376	−0.080%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004377	−0.041%	$731K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004376	−0.069%	$458K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004375	−0.092%	$77.9M	$163.7M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004373	−0.139%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004376	−0.069%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004374	−0.114%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004379	0.000%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004375	−0.091%	$17.4M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004375	−0.091%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004377	−0.039%	$780K	$181K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004375	−0.081%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004376	−0.064%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004378	−0.023%	$138K	$764K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004379	0.000%	$97K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004379	−0.010%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDTlong	+0.0100%	4h	0.004379	long leg	$1K	$717K	20x
SoDEX PUMP-USD	+0.0100%	1h	0.004377	−0.046%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004374	−0.114%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004377	−0.046%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004375	−0.096%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004377	−0.046%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004380	+0.018%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERPshort	+0.0182%	1h	0.004381	+0.046%	$39K	$207K	12x
RISEx PUMP/USDC	+0.0194%	1h	0.004378	−0.034%	$486K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0240%	1h	0.004379	0.000%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004382	+0.069%	$690K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0320% / S −0.0242%	1h	0.004376	−0.069%	$69K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004377	−0.046%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004375	−0.092%	$2	—	3x	as long as short
Hyperliquid PUMP	+0.0382%	1h	0.004382	+0.069%	$161.4M	$52.5M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0467%	1h	0.004381	+0.043%	$182	$105K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0862%	1h	0.004385	+0.128%	$1.3M	$3.5M	50x	as long as short