Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against ApeX Omni−0.420%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$750.754% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)+0.267%+$27 · spread now −0.420%, 7d avg −0.029%

Together, before fees+0.279%+$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.391% cheaper against ApeX Omni than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PUMPUSDT	0.004528	0.0100	pay 0.0013% / 1h	29m 12s	$153K	$744K	50x
Short	KuCoin PUMPUSDTM	0.004509	0.0100	get 0.0050% / 4h	1h 29m	$24.4M	$13.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against ApeX Omni. 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 ApeX OmnibpFee KuCoinbpOrdersPrice spread, now −0.420%Rate

Funding earned: $0
Price spread: −0.420% → −0.029%: −$39.07
Slippage, 4 orders: −$53.4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$114.47
Costs to cover: 0.754%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 15 min ago; KuCoin: live order book, 10 min ago.

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 ApeX Omni live order book, 15 min ago	8.80 bp	16.4 bp −$16	97.2 bp −$972	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	2.21 bp	20.6 bp −$21	51.7 bp −$517	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	−0.0010%	1h	0.004508	−0.437%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004507	−0.464%	$19K	$262K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004510	−0.398%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004509	−0.420%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.618%	$33K	$635K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004507	−0.458%	$825K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004510	−0.398%	$535K	$850K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004507	−0.472%	$82.6M	$172.2M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004505	−0.508%	$24.7M	$98.8M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004513	−0.336%	$27K	$161K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004515	−0.287%	$65K	$100K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004505	−0.508%	$5.0M	$10.5M	75x	as long as short
KuCoin PUMPUSDTMshort	+0.0100%	4h	0.004509	−0.420%	$24.4M	$13.9M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004504	−0.530%	$17.8M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004504	−0.530%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004506	−0.488%	$806K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004516	−0.254%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004512	−0.353%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDTlong	+0.0100%	1h	0.004528	long leg	$153K	$744K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004513	−0.331%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004508	−0.442%	$43K	$6K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004514	−0.319%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004506	−0.486%	$2K	$768K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004508	−0.442%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004508	−0.442%	$21K	$85K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004508	−0.442%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004507	−0.455%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004507	−0.464%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0105%	8h	0.004513	−0.326%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0190%	1h	0.004513	−0.342%	$1.6M	$2.1M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0194%	1h	0.004509	−0.420%	$69K	$116K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004513	−0.331%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0336%	1h	0.004514	−0.309%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004508	−0.442%	$3.8M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004507	−0.468%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004524	−0.091%	$48K	$139K	10x	as long as short
Hyperliquid PUMP	+0.0517%	1h	0.004510	−0.398%	$168.4M	$51.5M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004517	−0.243%	$724K	$5.8M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0547%	1h	0.004509	−0.416%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004515	−0.287%	$38K	$205K	12x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004512	−0.344%	$538K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1069%	1h	0.004518	−0.213%	$500	$112K	10x	as long as short