Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%

Price spread now: OKX against BingX−0.022%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$360.361% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 7 days+0.059%+$6 · spread now −0.022%, 7d avg −0.001%

Together, before fees+0.001%$0 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: OKX is 0.021% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PUMP-USDT	0.004513	0.0100	pay 0.0050% / 4h	2h 21m	—	$12.9M	—
Short	OKX PUMP-USDT-SWAP	0.004512	0.0100	get 0.0050% / 4h	2h 21m	$24.5M	$99.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against BingX. 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 BingXbpFee OKXbpOrdersPrice spread, now −0.022%Rate

Funding earned: $0
Price spread: −0.022% → −0.001%: −$2.11
Slippage, 4 orders: −$16.14
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$38.25
Costs to cover: 0.361%
Break-even: never at this rate

Slippage from BingX: live order book, 2 min ago; OKX: live order book, 3 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 BingX live order book, 2 min ago	1.11 bp	6.2 bp −$6	13.1 bp −$131	39.2 bp −$3,917	154.8 bp −$77.4K
Sell OKX live order book, 3 min ago	1.11 bp	7.1 bp −$7	25.2 bp −$252	130.1 bp −$13.0K	doesn't fit

PUMP on 41 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	−0.4168%	1h	0.004508	−0.107%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004513	0.000%	$18K	$211K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004514	+0.018%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0074%	4h	0.004514	+0.022%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004518	+0.111%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.288%	$30K	$772K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004514	+0.033%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004515	+0.040%	$721K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004518	+0.111%	$496K	$662K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004515	+0.046%	$82.1M	$167.2M	75x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAPshort	+0.0100%	4h	0.004512	−0.022%	$24.5M	$99.3M	50x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004520	+0.155%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004516	+0.066%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004513	0.000%	$4.9M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004518	+0.111%	$24.0M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004514	+0.022%	$17.8M	$19.7M	75x	as long as short
BingX PUMP-USDTlong	+0.0100%	4h	0.004513	long leg	—	$12.9M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004512	−0.018%	$801K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004509	−0.081%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004512	−0.032%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004509	−0.089%	$150K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004518	+0.111%	$91K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004513	+0.009%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004518	+0.111%	$2K	$742K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004509	−0.089%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004514	+0.022%	$22K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004511	−0.044%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004517	+0.094%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004510	−0.066%	$72K	$8K	3x	as long as short
Extended PUMP-USD	+0.0112%	1h	0.004515	+0.051%	$3.9M	$4.3M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0194%	1h	0.004511	−0.044%	$72K	$124K	25x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004513	−0.007%	$42K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004519	+0.133%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004517	+0.089%	$534K	$1.1M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004514	+0.016%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0362% / S −0.0292%	1h	0.004513	0.000%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004517	+0.089%	$725K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004524	+0.244%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0710%	1h	0.004523	+0.222%	$169.4M	$55.2M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0785%	1h	0.004509	−0.088%	$797	$111K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1233%	1h	0.004514	+0.026%	$1.3M	$3.1M	50x	as long as short