Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0152%/8h= −16.6% APRpaid last 24h −0.246%

Price spread now: dYdX against edgeX−0.093%51s7-day average — · you buy dearer than you sell

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

Long on edgeX Short on dYdX

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 airdropedgeX: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and dYdX is 0.093% cheaper against edgeX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX PUMPUSDC	0.004359	0.0100	pay 0.0050% / 4h	23m 48s	$64K	$3.0M	20x
Short	dYdX PUMP-USD	0.004355	−0.0052	pay 0.0006% / 1h	23m 48s	$20K	$9K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against edgeX. 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 edgeXbpFee dYdXbpOrdersPrice spread, now −0.093%Rate

Funding earned: −$31.85
Price spread: −0.093% → 0.000%: −$9.32
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$60.18
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 5 min ago; dYdX: 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 edgeX live order book, 5 min ago	4.59 bp	14.8 bp −$15	18.4 bp −$184	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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
dYdX PUMP-USDshort	−0.0052%	1h	0.004355	−0.093%	$20K	$9K	5x
Perpl PUMP	0.0000%	43m	0.004347	−0.284%	$18K	$204K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004351	−0.192%	$69K	$126K	25x	as long as short
OKX PUMP-USDT-SWAP	+0.0002%	4h	0.004344	−0.353%	$22.7M	$96.3M	50x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004349	−0.233%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0015%	4h	0.004349	−0.238%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004345	−0.330%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.362%	$26K	$769K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004349	−0.243%	$42K	—	5x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004343	−0.376%	$724K	$2.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PUMP	+0.0100%	1h	0.004350	−0.215%	$454K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004344	−0.351%	$77.5M	$164.1M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004347	−0.277%	$26K	$163K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004350	−0.215%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004343	−0.375%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004348	−0.261%	$23.1M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004344	−0.353%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004344	−0.353%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004346	−0.318%	$774K	$182K	5x	as long as short
edgeX PUMPUSDClong	+0.0100%	4h	0.004359	long leg	$64K	$3.0M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004362	+0.057%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004363	+0.083%	$138K	$763K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004348	−0.249%	$1.6M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004352	−0.169%	$94K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004350	−0.222%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004352	−0.169%	$2K	$718K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004349	−0.238%	$279	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004346	−0.307%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004348	−0.261%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004344	−0.361%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004348	−0.261%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004359	−0.018%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004367	+0.175%	$38K	$207K	12x	as long as short
Hyperliquid PUMP	+0.0188%	1h	0.004348	−0.261%	$159.9M	$53.1M	10x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004351	−0.192%	$483K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004351	−0.192%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004354	−0.123%	$675K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0321% / S −0.0243%	1h	0.004349	−0.238%	$68K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004350	−0.215%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004348	−0.264%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0425%	1h	0.004360	+0.004%	$181	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0867%	1h	0.004355	−0.109%	$1.3M	$3.5M	50x	as long as short