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% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Binance−0.248%7-day average +0.072% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$480.479% of the position

Long on Binance Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.037%+$4 on $10k

Price spread, last 3 days (all we have)+0.434%+$43 · spread now −0.248%, 7d avg +0.072%

Together, before fees+0.471%+$47 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: ApeX Omni is 0.320% cheaper against Binance than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of +0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PUMPUSDT	0.004435	0.0100	pay 0.0050% / 4h	3h 35m	$79.6M	$165.4M	75x
Short	ApeX Omni PUMPUSDT	0.004424	0.0100	get 0.0013% / 1h	35m 26s	$139K	$759K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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 BinancebpFee ApeX OmnibpOrdersPrice spread, now −0.248%Rate

Funding earned: $0
Price spread: −0.248% → +0.072%: −$32.04
Slippage, 4 orders: −$27.94
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$79.99
Costs to cover: 0.479%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; ApeX Omni: live order book, 38 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 Binance live order book, 8 min ago	1.14 bp	8.8 bp −$9	15.1 bp −$151	63.3 bp −$6,331	307.0 bp −$153.5K
Sell ApeX Omni live order book, 38 min ago	8.00 bp	17.4 bp −$17	113.0 bp −$1,130	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	−0.0013%	1h	0.004463	+0.635%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004433	−0.045%	$18K	$212K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004434	−0.023%	$70K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004436	+0.013%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0046%	4h	0.004436	+0.023%	$42K	$10K	10x	as long as short
OKX PUMP-USDT-SWAP	+0.0057%	4h	0.004435	0.000%	$23.3M	$99.1M	50x	as long as short
Lighter PUMP	+0.0096%	1h	0.004458	+0.519%	$3.0M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.789%	$30K	$787K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004458	+0.529%	$43K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004433	−0.034%	$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	0.004443	+0.171%	$727K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004460	+0.564%	$466K	$602K	10x	as long as short
Binance PUMPUSDTlong	+0.0100%	4h	0.004435	long leg	$79.6M	$165.4M	75x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004454	+0.431%	$26K	$168K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004438	+0.068%	$43K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004433	−0.045%	$4.8M	$10.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004437	+0.045%	$23.5M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004435	0.000%	$17.8M	$19.4M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004436	+0.023%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004471	+0.805%	$796K	$176K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004399	−0.804%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004401	−0.778%	$1.2M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDTshort	+0.0100%	1h	0.004424	−0.248%	$139K	$759K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004438	+0.068%	$100K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004435	+0.008%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004437	+0.045%	$1K	$727K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004435	0.000%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004454	+0.428%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004468	+0.744%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004434	−0.032%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004432	−0.068%	$71K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004438	+0.068%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004421	−0.307%	$40K	$99K	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004439	+0.101%	$483K	$1.0M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004429	−0.135%	$3.5M	$4.1M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004433	−0.049%	$2	—	3x	as long as short
Hyperliquid PUMP	+0.0345%	1h	0.004441	+0.135%	$163.3M	$53.8M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0350% / S −0.0291%	1h	0.004433	−0.045%	$75K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004470	+0.789%	$695K	$5.7M	50x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004471	+0.812%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0621%	1h	0.004414	−0.480%	$386	$107K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0927%	1h	0.004440	+0.109%	$1.3M	$3.5M	50x	as long as short