Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.596%

Price spread now: BingX against 01 Exchange−0.069%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BingX is 0.069% cheaper against 01 Exchange than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange PUMPUSD	0.004369	0.0216	pay 0.0027% / 1h	12m 08s	$6K	$830	10x
Short	BingX PUMP-USDT	0.004366	0.0100	get 0.0050% / 4h	12m 08s	—	$12.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against 01 Exchange. 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 01 ExchangebpFee BingXbpOrdersPrice spread, now −0.069%Rate

Funding earned: −$24.36
Price spread: −0.069% → 0.000%: −$6.87
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee BingX: 5 bp × 2 orders: −$10
Net: −$48.23
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; BingX: live order book, 1 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 01 Exchange no order-book sample	—	—	—	—	—
Sell BingX live order book, 1 min ago	2.29 bp	8.2 bp −$8	12.7 bp −$127	36.1 bp −$3,609	135.0 bp −$67.5K

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0053%	1h	0.004373	+0.100%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004367	−0.046%	$18K	$207K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004369	0.000%	$69K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004369	+0.005%	$55K	—	150x	as long as short
OKX PUMP-USDT-SWAP	+0.0006%	4h	0.004365	−0.092%	$22.8M	$97.0M	50x	as long as short
Orderly PERP_PUMP_USDC	+0.0020%	4h	0.004367	−0.046%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004365	−0.092%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.579%	$31K	$772K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004367	−0.046%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004370	+0.011%	$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	0.004366	−0.076%	$729K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004370	+0.023%	$456K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004363	−0.137%	$77.9M	$164.5M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004367	−0.039%	$26K	$165K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004369	0.000%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004367	−0.046%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004366	−0.069%	$23.2M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004364	−0.114%	$17.4M	$19.2M	75x	as long as short
BingX PUMP-USDTshort	+0.0100%	4h	0.004366	−0.069%	—	$12.9M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004363	−0.128%	$777K	$182K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004380	+0.253%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004374	+0.113%	$1.2M	$9.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004386	+0.389%	$138K	$763K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004372	+0.069%	$95K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004368	−0.024%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004365	−0.092%	$2K	$720K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004364	−0.114%	$276	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004377	+0.183%	$21K	$137K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004366	−0.069%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004367	−0.053%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004365	−0.092%	$72K	$18K	3x	as long as short
Hyperliquid PUMP	+0.0139%	1h	0.004369	0.000%	$160.6M	$53.3M	10x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004388	+0.437%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004382	+0.298%	$39K	$207K	12x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004369	0.000%	$488K	$1.0M	10x	as long as short
01 Exchange PUMPUSDlong	+0.0216%	1h	0.004369	long leg	$6K	$830	10x
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004374	+0.114%	$693K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0329% / S −0.0258%	1h	0.004368	−0.023%	$71K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004373	+0.092%	$3.5M	$4.1M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004368	−0.025%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0474%	1h	0.004371	+0.046%	$382	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0864%	1h	0.004370	+0.021%	$1.3M	$3.5M	50x	as long as short