Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0098%/8h= −10.8% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Binance−0.031%7-day average — · you buy dearer than you sell

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

Long on Binance Short on gTrade (Gains Network)

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 gTrade (Gains Network) is 0.031% cheaper against Binance than usual: you would sell low and buy high (−$3 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	Binance PUMPUSDT	0.004538	0.0100	pay 0.0050% / 4h	20m 17s	$83.0M	$172.4M	75x
Short	gTrade (Gains Network) PUMP/USD	0.004537	L +0.0002% / S −0.0002%	get 0.0000% / 1h	20m 17s	$56K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.031%Rate

Funding earned: −$20.64
Price spread: −0.031% → 0.000%: −$3.13
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$43.77
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 8 min ago; gTrade (Gains Network): 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 Binance live order book, 8 min ago	1.10 bp	9.2 bp −$9	18.2 bp −$182	66.3 bp −$6,630	295.4 bp −$147.7K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	0.0000%	1h	0.004528	−0.225%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004533	−0.117%	$18K	$266K	20x	as long as short
Gate PUMP_USDT	+0.0002%	4h	0.004532	−0.139%	$5.0M	$10.2M	75x	as long as short
gTrade (Gains Network) PUMP/USDshort	L +0.0002% / S −0.0002%	1h	0.004537	−0.031%	$56K	—	150x
Lighter PUMP	+0.0096%	1h	0.004538	−0.007%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.845%	$29K	$646K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004533	−0.128%	$846K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004528	−0.228%	$528K	$857K	10x	as long as short
Binance PUMPUSDTlong	+0.0100%	4h	0.004538	long leg	$83.0M	$172.4M	75x
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004538	−0.007%	$25.0M	$99.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004524	−0.314%	$27K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004530	−0.184%	$46K	$125K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004538	−0.007%	$24.6M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004537	−0.029%	$17.8M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004536	−0.051%	—	$14.3M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004537	−0.032%	$814K	$204K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004534	−0.096%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004527	−0.250%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004540	+0.037%	$153K	$742K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004540	+0.037%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004535	−0.073%	$42K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004528	−0.233%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004526	−0.272%	$2K	$771K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004536	−0.051%	$254	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004529	−0.206%	$22K	$74K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004536	−0.051%	$1.9M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004531	−0.156%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004535	−0.067%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004533	−0.117%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0162%	1h	0.004541	+0.059%	$169.4M	$49.6M	10x	as long as short
Nado PUMP-PERP	+0.0169%	1h	0.004532	−0.128%	$1.7M	$2.1M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0191%	1h	0.004538	−0.007%	$70K	$116K	25x	as long as short
01 Exchange PUMPUSD	+0.0264%	1h	0.004535	−0.073%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0279%	1h	0.004543	+0.103%	$38K	$204K	12x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004536	−0.051%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004533	−0.117%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004536	−0.057%	$2	—	3x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004532	−0.135%	$47K	$139K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0443%	1h	0.004539	+0.019%	$1.1M	$3.5M	50x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0536%	1h	0.004544	+0.125%	$732K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0784%	1h	0.004534	−0.095%	$538K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0895%	1h	0.004529	−0.198%	$501	$111K	10x	as long as short