Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.004%

Price spread now: RISEx against BloFin+0.069%7-day average +0.022% · 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−$390.390% of the position

Long on BloFin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.047%−$5 on $10k

Price spread, last 3 days (all we have)−0.006%−$1 · spread now +0.069%, 7d avg +0.022%

Together, before fees−0.054%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.047% dearer against BloFin than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of +0.022%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PUMP-USDT	0.004357	0.0340	pay 0.0170% / 4h	3h 49m	$3.5M	$4.1M	75x
Short	RISEx PUMP/USDC	0.004360	0.0297	get 0.0037% / 1h	49m 59s	$477K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.069%Rate

Funding earned: −$9.07
Price spread: +0.069% → +0.022%: $4.69
Slippage, 4 orders: −$21.02
Fee BloFin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$43.4
Costs to cover: 0.390%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; RISEx: live order book, 4 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, 3 min ago	3.43 bp	16.7 bp −$17	21.4 bp −$214	42.6 bp −$4,259	150.9 bp −$75.4K
Sell RISEx live order book, 4 min ago	3.43 bp	6.4 bp −$6	11.3 bp −$113	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
Backpack PUMP_USDC_PERP	−0.0271%	1h	0.004356	−0.030%	$776K	$181K	5x	as long as short
dYdX PUMP-USD	−0.0033%	1h	0.004364	+0.167%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004358	+0.023%	$18K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004356	−0.023%	$69K	$125K	25x	as long as short
Gate PUMP_USDT	+0.0002%	4h	0.004354	−0.069%	$4.7M	$10.5M	75x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004358	+0.028%	$55K	—	150x	as long as short
OKX PUMP-USDT-SWAP	+0.0031%	4h	0.004355	−0.046%	$22.8M	$96.4M	50x	as long as short
Orderly PERP_PUMP_USDC	+0.0037%	4h	0.004353	−0.092%	$41K	$10K	10x	as long as short
Popdex PUMPUSDT	+0.0080%	1h	0.004300	−1.308%	$30K	$770K	20x	as long as short
Lighter PUMP	+0.0096%	1h	0.004356	−0.023%	$2.9M	$5.3M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004358	+0.015%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004356	−0.011%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004356	−0.023%	$720K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004359	+0.046%	$457K	$604K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004356	−0.022%	$77.8M	$163.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004367	+0.220%	$26K	$165K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004359	+0.046%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004359	+0.046%	$23.2M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004356	−0.023%	$17.4M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004355	−0.046%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004365	+0.177%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004368	+0.250%	$1.2M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004369	+0.275%	$138K	$760K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004362	+0.115%	$95K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004355	−0.047%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004361	+0.092%	$2K	$721K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004355	−0.046%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004358	+0.023%	$21K	$137K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004354	−0.069%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004356	−0.032%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004360	+0.069%	$70K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0192%	1h	0.004362	+0.115%	$6K	$830	10x	as long as short
Hyperliquid PUMP	+0.0218%	1h	0.004361	+0.092%	$160.4M	$53.1M	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004368	+0.246%	$39K	$99K	10x	as long as short
RISEx PUMP/USDCshort	+0.0297%	1h	0.004360	+0.069%	$477K	$1.0M	10x
BloFin PUMP-USDTlong	+0.0340%	4h	0.004357	long leg	$3.5M	$4.1M	75x
GMX PUMP/USD [WBTC.b-USDC]	L +0.0343% / S −0.0286%	1h	0.004356	−0.023%	$73K	—	100x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004358	+0.019%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004364	+0.161%	$690K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004364	+0.161%	$38K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0504%	1h	0.004367	+0.232%	$381	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0944%	1h	0.004360	+0.073%	$1.3M	$3.5M	50x	as long as short