Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against Bitget−0.023%73s7-day average +0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$600.596% of the position

Long on Bitget Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)+0.699%+$70 · spread now −0.023%, 7d avg +0.079%

Together, before fees+0.691%+$69 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 0.102% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.079%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PUMPUSDT	0.004434	0.0100	pay 0.0050% / 4h	3h 54m	$17.5M	$20.1M	75x
Short	ApeX Omni PUMPUSDT	0.004433	0.0100	get 0.0013% / 1h	54m 14s	$147K	$756K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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 BitgetbpFee ApeX OmnibpOrdersPrice spread, now −0.023%Rate

Funding earned: $0
Price spread: −0.023% → +0.079%: −$10.2
Slippage, 4 orders: −$37.61
Fee Bitget: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$69.81
Costs to cover: 0.596%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; ApeX Omni: live order book, 65 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 Bitget live order book, 5 min ago	3.39 bp	10.5 bp −$10	27.6 bp −$276	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 65 min ago	9.10 bp	17.1 bp −$17	121.1 bp −$1,211	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	−1.1233%	1h	0.004437	+0.073%	$20K	$9K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004435	+0.023%	$18K	$238K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004436	+0.043%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004433	−0.023%	$2.8M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.767%	$29K	$695K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004439	+0.124%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004442	+0.171%	$704K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004441	+0.158%	$498K	$821K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004439	+0.103%	$80.9M	$172.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004433	−0.023%	$24.2M	$97.5M	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	0.004435	+0.018%	$31K	$192K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004444	+0.226%	$62K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004435	+0.023%	$4.9M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004439	+0.113%	$23.7M	$13.8M	50x	as long as short
Bitget PUMPUSDTlong	+0.0100%	4h	0.004434	long leg	$17.5M	$20.1M	75x
BingX PUMP-USDT	+0.0100%	4h	0.004435	+0.023%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004444	+0.230%	$793K	$209K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004429	−0.104%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004433	−0.017%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDTshort	+0.0100%	1h	0.004433	−0.023%	$147K	$756K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004442	+0.180%	$104K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004435	+0.023%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004434	−0.004%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004438	+0.090%	$2K	$767K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004431	−0.068%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004434	0.000%	$21K	$105K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004433	−0.023%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004443	+0.208%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004431	−0.068%	$66K	$13K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0201%	1h	0.004436	+0.045%	$70K	$122K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004434	0.000%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0312%	1h	0.004434	+0.006%	$3.9M	$4.3M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004446	+0.271%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004436	+0.040%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004444	+0.226%	$6K	$625	10x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004442	+0.180%	$42K	$119K	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004444	+0.226%	$38K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004435	+0.023%	$705K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0475%	1h	0.004442	+0.180%	$166.6M	$54.4M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004445	+0.239%	$528K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0661%	1h	0.004434	+0.010%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1032%	1h	0.004440	+0.138%	$786	$111K	10x	as long as short