Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0025%/8h= +2.7% APRpaid last 24h +0.082%

Price spread now: RISEx against Bitget+0.070%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$370.372% of the position

Long on Bitget Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.189%+$19 on $10k

Price spread, last 7 days−0.022%−$2 · spread now +0.070%, 7d avg +0.033%

Together, before fees+0.167%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.036% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PUMPUSDT	0.004315	0.0100	pay 0.0050% / 4h	2h 07m	$17.0M	$19.1M	75x
Short	RISEx PUMP/USDC	0.004318	0.0125	get 0.0016% / 1h	7m 15s	$489K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.070%Rate

Funding earned: $5.16
Price spread: +0.070% → +0.033%: $3.62
Slippage, 4 orders: −$19.16
Fee Bitget: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$28.38
Costs to cover: 0.372%
Break-even: 45.5 days

Slippage from Bitget: live order book, 1 min ago; RISEx: live order book, 1 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, 1 min ago	4.63 bp	12.2 bp −$12	26.5 bp −$265	doesn't fit	doesn't fit
Sell RISEx live order book, 1 min ago	2.31 bp	5.3 bp −$5	17.9 bp −$179	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	−0.5215%	1h	0.004322	+0.158%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0230%	1h	0.004321	+0.134%	$770K	$183K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004316	+0.023%	$20K	$206K	20x	as long as short
OKX PUMP-USDT-SWAP	−0.0063%	4h	0.004313	−0.046%	$22.6M	$95.4M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0026%	4h	0.004314	−0.023%	$41K	$10K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004316	+0.023%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004316	+0.028%	$54K	—	150x	as long as short
Gate PUMP_USDT	+0.0054%	4h	0.004315	0.000%	$4.6M	$11.7M	75x	as long as short
01 Exchange PUMPUSD	+0.0080%	1h	0.004316	+0.023%	$6K	$497	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004318	+0.070%	$2.9M	$5.5M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.348%	$29K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004315	+0.009%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004314	−0.012%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004321	+0.139%	$158.2M	$52.5M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004317	+0.056%	$778K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004318	+0.070%	$447K	$607K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004313	−0.049%	$76.6M	$163.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004319	+0.097%	$25K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004316	+0.023%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004318	+0.070%	$22.7M	$13.9M	50x	as long as short
Bitget PUMPUSDTlong	+0.0100%	4h	0.004315	long leg	$17.0M	$19.1M	75x
BingX PUMP-USDT	+0.0100%	4h	0.004314	−0.023%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004322	+0.173%	$63K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004322	+0.163%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004324	+0.209%	$136K	$771K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004319	+0.093%	$90K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004315	0.000%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004317	+0.046%	$2K	$709K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004313	−0.046%	$711	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004315	0.000%	$21K	$147K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004314	−0.023%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004312	−0.071%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004312	−0.070%	$71K	$18K	3x	as long as short
RISEx PUMP/USDCshort	+0.0125%	1h	0.004318	+0.070%	$489K	$1.0M	10x
Phoenix PUMP	+0.0129%	1h	0.004325	+0.241%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004334	+0.440%	$658K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0307% / S −0.0226%	1h	0.004316	+0.023%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004324	+0.209%	$3.4M	$3.7M	75x	as long as short
Aftermath Perps PUMPUSD	+0.0343%	1h	0.004325	+0.234%	$180	$106K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004314	−0.017%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.209%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0687%	1h	0.004319	+0.096%	$1.3M	$3.5M	50x	as long as short