Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.010%

Price spread now: Phemex against Extended+0.031%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$690.692% of the position

Long on Extended Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 3 days (all we have)+0.043%+$4 · spread now +0.031%, 7d avg +0.038%

Together, before fees+0.022%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PUMP-USD	0.004344	0.0104	pay 0.0013% / 1h	18m 04s	$3.6M	$3.7M	50x
Short	Phemex PUMPUSDT	0.004345	0.0100	get 0.0050% / 4h	1h 18m	$2.0M	$4.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$0.84
Price spread: +0.031% → +0.038%: −$0.74
Slippage, 4 orders: −$52.18
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$70.76
Costs to cover: 0.692%
Break-even: never at this rate

Slippage from Extended: live order book, 6 min ago; Phemex: live order book, 6 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, 6 min ago	1.15 bp	5.8 bp −$6	12.1 bp −$121	doesn't fit	doesn't fit
Sell Phemex live order book, 6 min ago	3.46 bp	28.8 bp −$29	doesn't fit	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
dYdX PUMP-USD	−0.4733%	1h	0.004349	+0.133%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0054%	4h	0.004342	−0.038%	$22.7M	$95.8M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0006%	4h	0.004344	+0.008%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004342	−0.038%	$20K	$202K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004347	+0.077%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004347	+0.070%	$55K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0058%	1h	0.004343	−0.022%	$774K	$180K	5x	as long as short
Lighter PUMP	+0.0096%	1h	0.004343	−0.015%	$2.9M	$5.5M	10x	as long as short
01 Exchange PUMPUSD	+0.0096%	1h	0.004340	−0.084%	$6K	$497	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.005%	$29K	$764K	20x	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	0.004344	+0.001%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004346	+0.054%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004348	+0.100%	$159.3M	$52.3M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004343	−0.015%	$786K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004346	+0.054%	$450K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004343	−0.015%	$77.3M	$163.3M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004344	−0.004%	$25K	$174K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004344	+0.008%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004343	−0.015%	$4.7M	$11.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004347	+0.077%	$23.0M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004344	+0.008%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004342	−0.038%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004342	−0.034%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004342	−0.038%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004347	+0.077%	$137K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004348	+0.100%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004346	+0.051%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004347	+0.077%	$2K	$713K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004344	+0.008%	$716	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004338	−0.130%	$21K	$139K	20x	as long as short
Phemex PUMPUSDTshort	+0.0100%	4h	0.004345	+0.031%	$2.0M	$4.0M	20x
Extended PUMP-USDlong	+0.0104%	1h	0.004344	long leg	$3.6M	$3.7M	50x
Aevo PUMP-PERP	+0.0104%	1h	0.004344	+0.008%	$72K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004345	+0.020%	$492K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004342	−0.031%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004351	+0.169%	$672K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0313% / S −0.0230%	1h	0.004346	+0.054%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004339	−0.107%	$3.4M	$3.8M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004344	+0.007%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0406%	1h	0.004339	−0.105%	$180	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004333	−0.245%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0805%	1h	0.004348	+0.105%	$1.3M	$3.5M	50x	as long as short