Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:55 UTC+0.3873%/8h= +424.1% APRpaid last 24h +0.227%

Price spread now: Perpl against dYdX+0.018%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropPerpl: Active · farm boardneeds 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: +$116 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PUMP-USD	0.004514	−0.3873	get 0.0484% / 1h	21m 57s	$21K	$9K	5x
Short	Perpl PUMP	0.004515	0	get 0.0000% / 43m	26m 57s	$18K	$211K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl against dYdX. 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 dYdXbpFee PerplbpOrdersPrice spread, now +0.018%Rate

Funding earned: $813.25
Price spread: +0.018% → 0.000%: $1.8
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: $791.25
Costs to cover: 0.238%
Break-even: 0.2 days

Slippage unknown: dYdX: no order-book sample; Perpl: no order-book sample. 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 dYdX no order-book sample	—	—	—	—	—
Sell Perpl no order-book sample	—	—	—	—	—

dYdX and Perpl: 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 41 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-USDlong	−0.3873%	1h	0.004514	long leg	$21K	$9K	5x
Perpl PUMPshort	0.0000%	43m	0.004515	+0.018%	$18K	$211K	20x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004510	−0.096%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0072%	4h	0.004510	−0.093%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004511	−0.071%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.314%	$30K	$772K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004520	+0.140%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004514	−0.014%	$730K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004520	+0.129%	$496K	$662K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004515	+0.008%	$82.1M	$167.3M	75x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004512	−0.048%	$24.5M	$99.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004520	+0.129%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004517	+0.062%	$40K	$63K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004510	−0.093%	$4.9M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004517	+0.062%	$24.0M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004511	−0.071%	$17.8M	$19.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004513	−0.026%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004512	−0.044%	$801K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004504	−0.218%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004531	+0.381%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004528	+0.306%	$151K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004521	+0.151%	$92K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004509	−0.108%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004518	+0.084%	$2K	$742K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004509	−0.115%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004514	−0.004%	$22K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004511	−0.071%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004524	+0.217%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004506	−0.181%	$72K	$8K	3x	as long as short
Extended PUMP-USD	+0.0112%	1h	0.004513	−0.020%	$3.9M	$4.3M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0194%	1h	0.004511	−0.071%	$72K	$124K	25x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004518	+0.096%	$42K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0280%	1h	0.004520	+0.129%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004519	+0.107%	$556K	$1.0M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004519	+0.101%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0362% / S −0.0292%	1h	0.004513	−0.026%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004517	+0.062%	$725K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004524	+0.217%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0705%	1h	0.004519	+0.107%	$169.2M	$55.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0768%	1h	0.004506	−0.189%	$796	$111K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1233%	1h	0.004514	−0.001%	$1.3M	$3.1M	50x	as long as short