Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.063%

Price spread now: BloFin against Extended+0.393%54s7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs+$8as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.306% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.390%+$39 on $10k

Price spread, last 4 days (all we have)−0.324%−$32 · spread now +0.393%, 7d avg +0.048%

Together, before fees+0.067%+ Points / potential airdropExtended: Active · farm board+$7 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 BloFin is 0.345% dearer against Extended than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.048%. The two prices were read 54 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	Extended PUMP-USD	0.004518	0.0104	pay 0.0013% / 1h	6m 08s	$3.8M	$3.7M	50x
Short	BloFin PUMP-USDT	0.004536	0.0340	get 0.0170% / 4h	1h 06m	$3.8M	$4.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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 ExtendedbpFee BloFinbpOrdersPrice spread, now +0.393%Rate

Funding earned: $49.56
Price spread: +0.393% → +0.048%: $34.55
Slippage, 4 orders: −$13.63
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: $53.48
Costs to cover: 0.306%
Break-even: from the start

Slippage from Extended: live order book, 3 min ago; BloFin: live order book, 2 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 Extended live order book, 3 min ago	1.10 bp	7.3 bp −$7	13.6 bp −$136	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	2.20 bp	11.5 bp −$11	21.1 bp −$211	46.5 bp −$4,653	118.4 bp −$59.2K

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-USD	−0.0005%	1h	0.004530	+0.263%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004530	+0.260%	$18K	$268K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004518	−0.011%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0082%	4h	0.004516	−0.049%	$5.0M	$10.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004521	+0.061%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.404%	$29K	$646K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004517	−0.027%	$826K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004526	+0.172%	$534K	$859K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004518	−0.010%	$82.8M	$172.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004513	−0.116%	$24.9M	$98.4M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004523	+0.108%	$27K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004527	+0.194%	$65K	$100K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004521	+0.061%	$24.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004514	−0.094%	$17.8M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004516	−0.049%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004515	−0.069%	$808K	$200K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004528	+0.208%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004528	+0.214%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004530	+0.260%	$153K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004525	+0.150%	$105K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004517	−0.027%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004528	+0.211%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004516	−0.049%	$2K	$769K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004519	+0.017%	$284	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004520	+0.039%	$22K	$83K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004520	+0.039%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004529	+0.234%	$43K	$276	5x	as long as short
Extended PUMP-USDlong	+0.0104%	1h	0.004518	long leg	$3.8M	$3.7M	50x
Aevo PUMP-PERP	+0.0104%	1h	0.004515	−0.072%	$67K	$10K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0193%	1h	0.004519	+0.017%	$69K	$116K	25x	as long as short
Nado PUMP-PERP	+0.0210%	1h	0.004519	+0.028%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004529	+0.238%	$65K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004526	+0.172%	$6K	$600	10x	as long as short
BloFin PUMP-USDTshort	+0.0340%	4h	0.004536	+0.393%	$3.8M	$4.7M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004520	+0.034%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004538	+0.449%	$48K	$139K	10x	as long as short
Hyperliquid PUMP	+0.0500%	1h	0.004521	+0.061%	$169.1M	$51.0M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004529	+0.238%	$730K	$5.9M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0546%	1h	0.004519	+0.026%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004542	+0.526%	$38K	$205K	12x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004527	+0.194%	$539K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1012%	1h	0.004527	+0.193%	$501	$112K	10x	as long as short