Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0582%/8h= +63.8% APRpaid last 24h +0.068%

Price spread now: RISEx against SunX−0.215%7-day average +0.028% · you buy dearer than you sell

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

Long on SunX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.215%+$21 on $10k

Price spread, last 4 days (all we have)+0.266%+$27 · spread now −0.215%, 7d avg +0.028%

Together, before fees+0.480%+$48 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.242% cheaper against SunX than usual: you would sell low and buy high (spread −0.215% now, against its 7-day average of +0.028%). If the spread goes back, that is −$24 on $10k: about 33 hours of funding at the current rate (+$17 a day). At the pace of the last 4 days (+0.215% in total) that is about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PUMP-USDT	0.004427	0.0100	pay 0.0050% / 4h	2h 38m	$2K	$738K	20x
Short	RISEx PUMP/USDC	0.004418	0.0682	get 0.0085% / 1h	38m 50s	$525K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.215%Rate

Funding earned: $122.3
Price spread: −0.215% → +0.028%: −$24.23
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $84.07
Costs to cover: 0.140%
Break-even: 2.2 days

Slippage unknown: SunX: live order book, 33 min ago; RISEx: live order book, 5 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, 33 min ago	500.56 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	3.35 bp	6.4 bp −$6	13.4 bp −$134	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	−0.0020%	1h	0.004420	−0.158%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004414	−0.294%	$18K	$238K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004428	+0.023%	$69K	$115K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004423	−0.090%	$54K	—	150x	as long as short
Gate PUMP_USDT	+0.0052%	4h	0.004432	+0.113%	$4.9M	$10.4M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004432	+0.113%	$2.8M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.610%	$28K	$622K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004420	−0.147%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004431	+0.080%	$706K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004421	−0.136%	$532K	$767K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004432	+0.118%	$80.9M	$165.2M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004430	+0.068%	$24.3M	$93.7M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004434	+0.149%	$32K	$160K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004417	−0.226%	$64K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004435	+0.181%	$23.8M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004430	+0.068%	$17.6M	$18.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004432	+0.113%	—	$13.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004426	−0.020%	$797K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004475	+1.090%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004446	+0.429%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004455	+0.632%	$150K	$745K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004420	−0.158%	$109K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004426	−0.023%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004425	−0.042%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDTlong	+0.0100%	4h	0.004427	long leg	$2K	$738K	20x
SoDEX PUMP-USD	+0.0100%	1h	0.004426	−0.023%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004419	−0.181%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004423	−0.090%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004420	−0.162%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004433	+0.144%	$3.7M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004425	−0.045%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0200%	1h	0.004424	−0.068%	$53K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004417	−0.226%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004423	−0.090%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004422	−0.116%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004478	+1.152%	$44K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004430	+0.068%	$702K	$5.4M	50x	as long as short
Hyperliquid PUMP	+0.0506%	1h	0.004435	+0.181%	$165.7M	$48.8M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004430	+0.068%	$38K	$204K	12x	as long as short
RISEx PUMP/USDCshort	+0.0682%	1h	0.004418	−0.215%	$525K	$1.0M	10x
Kraken Futures PF_PUMPUSD	+0.0827%	1h	0.004428	+0.023%	$1.0M	$3.2M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1095%	1h	0.004464	+0.845%	$517	$103K	10x	as long as short