Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.031%

Price spread now: SoDEX against Backpack+0.002%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on SoDEX

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack PUMP_USDC_PERP	0.004492	0.0100	pay 0.0013% / 1h	5m 43s	$800K	$172K	5x
Short	SoDEX PUMP-USD	0.004492	0.0100	get 0.0013% / 1h	5m 43s	$282	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Backpack. 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 BackpackbpFee SoDEXbpOrdersPrice spread, now +0.002%Rate

Funding earned: $0
Price spread: +0.002% → 0.000%: $0.22
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$17.78
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 3 min ago; SoDEX: no order-book sample. 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 Backpack live order book, 3 min ago	1.79 bp	8.1 bp −$8	14.5 bp −$145	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.1908%	1h	0.004482	−0.217%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004483	−0.198%	$18K	$201K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004487	−0.109%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004487	−0.120%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0053%	4h	0.004486	−0.131%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004484	−0.176%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.046%	$27K	$771K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004482	−0.209%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004487	−0.109%	$718K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004485	−0.154%	$479K	$639K	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	0.004483	−0.189%	$80.9M	$162.8M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004482	−0.220%	$23.6M	$98.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004479	−0.278%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004482	−0.220%	$41K	$57K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004479	−0.287%	$4.8M	$10.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004488	−0.087%	$23.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004479	−0.287%	$17.9M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004479	−0.287%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERPlong	+0.0100%	1h	0.004492	long leg	$800K	$172K	5x
edgeX PUMPUSDC	+0.0100%	4h	0.004481	−0.241%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004476	−0.354%	$1.3M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004477	−0.332%	$141K	$760K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004492	+0.002%	$108K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004486	−0.134%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004489	−0.065%	$2K	$724K	20x	as long as short
SoDEX PUMP-USDshort	+0.0100%	1h	0.004492	+0.002%	$282	$7K	10x
HTX PUMP-USDT	+0.0100%	4h	0.004480	−0.265%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004489	−0.065%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004484	−0.181%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004479	−0.279%	$3.8M	$3.9M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004485	−0.154%	$72K	$11K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004482	−0.220%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004498	+0.138%	$39K	$99K	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004484	−0.165%	$489K	$995K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004486	−0.131%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004488	−0.094%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004495	+0.069%	$700K	$5.7M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0356% / S −0.0294%	1h	0.004487	−0.109%	$74K	—	100x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004481	−0.243%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0582%	1h	0.004492	+0.002%	$166.4M	$53.7M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0706%	1h	0.004481	−0.242%	$392	$109K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0915%	1h	0.004498	+0.126%	$1.3M	$3.0M	50x	as long as short