Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%

Price spread now: BloFin against Derive−0.018%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Derive Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive PUMP-PERP	0.004367	0.0100	pay 0.0013% / 1h	41m 10s	$5K	$13K	6.7x
Short	BloFin PUMP-USDT	0.004366	0.0340	get 0.0170% / 4h	41m 10s	$3.6M	$4.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Derive. 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 DerivebpFee BloFinbpOrdersPrice spread, now −0.018%Rate

Funding earned: $50.4
Price spread: −0.018% → 0.000%: −$1.76
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: $30.64
Costs to cover: 0.180%
Break-even: 2.7 days

Slippage unknown: Derive: no order-book sample; BloFin: live order book, 2 min ago. Net counts fees only.

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 Derive no order-book sample	—	—	—	—	—
Sell BloFin live order book, 2 min ago	2.29 bp	8.3 bp −$8	9.3 bp −$93	42.0 bp −$4,199	118.5 bp −$59.3K

Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0129%	1h	0.004368	+0.035%	$774K	$201K	5x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004366	−0.015%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004363	−0.086%	$18K	$235K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004366	−0.021%	$52K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004369	+0.051%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.529%	$26K	$823K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004364	−0.052%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004366	−0.029%	$681K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004365	−0.040%	$487K	$820K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004367	+0.012%	$79.5M	$174.2M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004370	+0.074%	$23.8M	$97.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004367	−0.004%	$36K	$186K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004366	−0.018%	$61K	$102K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004366	−0.018%	$4.8M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004371	+0.097%	$23.4M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004371	+0.097%	$17.4M	$20.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004369	+0.051%	—	$13.0M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004369	+0.051%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004366	−0.018%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004368	+0.028%	$145K	$753K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004369	+0.051%	$98K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004366	−0.018%	$41K	$11K	10x	as long as short
Derive PUMP-PERPlong	+0.0100%	1h	0.004367	long leg	$5K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004365	−0.040%	$2K	$771K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004367	+0.005%	$274	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004361	−0.132%	$21K	$112K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004368	+0.028%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004366	−0.013%	$41K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004364	−0.063%	$70K	$8K	3x	as long as short
Extended PUMP-USD	+0.0160%	1h	0.004366	−0.009%	$3.8M	$4.3M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004364	−0.063%	$59K	—	100x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0208%	1h	0.004368	+0.028%	$69K	$124K	25x	as long as short
01 Exchange PUMPUSD	+0.0224%	1h	0.004367	+0.005%	$6K	$727	10x	as long as short
Hyperliquid PUMP	+0.0315%	1h	0.004378	+0.257%	$163.5M	$56.4M	10x	as long as short
BloFin PUMP-USDTshort	+0.0340%	4h	0.004366	−0.018%	$3.6M	$4.4M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004363	−0.092%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004367	+0.005%	$42K	$120K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004371	+0.097%	$692K	$5.8M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004366	−0.010%	$519K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004380	+0.303%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0811%	1h	0.004370	+0.074%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0866%	1h	0.004369	+0.056%	$577	$115K	10x	as long as short