Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 13:00 UTC+0.0219%/8h= +24.0% APRpaid last 24h −0.097%

Price spread now: Injective against BloFin+0.567%7-day average −0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$264as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$1001.000% of the position

Long on BloFin Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−1.644%−$164 on $10k

Price spread, last 4 days (all we have)−0.446%−$45 · spread now +0.567%, 7d avg −0.070%

Together, before fees−2.090%−$209 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 0.637% dearer against BloFin than usual: you sell high and buy low: +$64 more if the spread goes back to its 7-day average of −0.070%. Mind the row above: over the last 7 days funding on this pair cost −1.644%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PUMP-USDT	0.004588	0.0340	pay 0.0170% / 4h	3h 24m	$3.9M	$4.9M	75x
Short	Injective PUMP/USDC PERP	0.004614	0.0559	get 0.0070% / 1h	24m 02s	$36K	$205K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against BloFin. 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 BloFinbpFee InjectivebpOrdersPrice spread, now +0.567%Rate

Funding earned: $46.04
Price spread: +0.567% → −0.070%: $63.72
Slippage, 4 orders: −$87.99
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $9.75
Costs to cover: 1.000%
Break-even: 5.5 days

Slippage from BloFin: live order book, 8 min ago; Injective: live order book, 13 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 BloFin live order book, 8 min ago	1.09 bp	7.6 bp −$8	13.8 bp −$138	42.8 bp −$4,279	159.5 bp −$79.7K
Sell Injective live order book, 13 min ago	25.99 bp	26.0 bp −$26	doesn't fit	doesn't fit	doesn't fit

PUMP on 42 exchanges

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	−0.0106%	1h	0.004587	−0.021%	$21K	$12K	5x	as long as short
Gate PUMP_USDT	−0.0070%	4h	0.004583	−0.109%	$4.9M	$10.1M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004585	−0.065%	$18K	$300K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0005%	1h	0.004584	−0.097%	$42K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004588	0.000%	$3.0M	$2.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.918%	$30K	$644K	20x	as long as short
Aster PUMPUSDT	+0.0096%	4h	0.004582	−0.131%	$859K	$1.7M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004588	0.000%	$492K	$924K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004586	−0.043%	$83.6M	$180.7M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004586	−0.044%	$25.4M	$114.3M	50x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004601	+0.286%	$33K	$140K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004589	+0.022%	$51K	$164K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004588	0.000%	$25.7M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004583	−0.109%	$18.1M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004585	−0.065%	—	$14.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004586	−0.048%	$841K	$227K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004603	+0.327%	$62K	$3.4M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004604	+0.341%	$1.3M	$11.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004609	+0.458%	$101K	$822K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004587	−0.022%	$85K	$2.0M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004585	−0.065%	$46K	$5K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004583	−0.114%	$6K	$17K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004587	−0.022%	$2K	$792K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004586	−0.044%	$245	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004581	−0.153%	$25K	$140K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004588	0.000%	$2.0M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004590	+0.034%	$44K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004583	−0.106%	$3.9M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004587	−0.022%	$68K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0141%	1h	0.004585	−0.054%	$1.7M	$2.1M	10x	as long as short
Hyperliquid PUMP	+0.0250%	1h	0.004593	+0.109%	$171.6M	$47.8M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0288% / S −0.0234%	1h	0.004582	−0.131%	$60K	—	100x	as long as short
BloFin PUMP-USDTlong	+0.0340%	4h	0.004588	long leg	$3.9M	$4.9M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004585	−0.073%	$2	—	3x	as long as short
Phoenix PUMP	+0.0346%	1h	0.004602	+0.307%	$44K	$146K	10x	as long as short
01 Exchange PUMPUSD	+0.0400%	1h	0.004591	+0.065%	$6K	$333	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0404%	1h	0.004587	−0.022%	$69K	$100K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0520%	1h	0.004597	+0.196%	$721K	$6.4M	50x	as long as short
Injective PUMP/USDC PERPshort	+0.0559%	1h	0.004614	+0.567%	$36K	$205K	12x
RISEx PUMP/USDC	+0.0589%	1h	0.004589	+0.033%	$606K	$878K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0926%	1h	0.004590	+0.036%	$1.1M	$3.2M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0942%	1h	0.004596	+0.185%	$746	$125K	10x	as long as short