Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0047%/8h= +5.2% APRpaid last 24h +0.075%

Price spread now: RISEx against Gate+0.023%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$450.452% of the position

Long on Gate Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.193%+$19 on $10k

Price spread, last 7 days+0.018%+$2 · spread now +0.023%, 7d avg +0.036%

Together, before fees+0.211%+$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PUMP_USDT	0.004342	0.0100	pay 0.0050% / 4h	1h 14m	$4.7M	$11.7M	75x
Short	RISEx PUMP/USDC	0.004343	0.0147	get 0.0018% / 1h	14m 29s	$492K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Gate. 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 GatebpFee RISExbpOrdersPrice spread, now +0.023%Rate

Funding earned: $9.88
Price spread: +0.023% → +0.036%: −$1.28
Slippage, 4 orders: −$24.24
Fee Gate: 7.5 bp × 2 orders: −$15
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$36.64
Costs to cover: 0.452%
Break-even: 33.0 days

Slippage from Gate: live order book, 4 min ago; RISEx: live order book, 4 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 Gate live order book, 4 min ago	2.30 bp	19.0 bp −$19	38.1 bp −$381	80.2 bp −$8,018	doesn't fit
Sell RISEx live order book, 4 min ago	1.15 bp	4.1 bp −$4	9.5 bp −$95	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	−0.4313%	1h	0.004343	+0.032%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0051%	4h	0.004340	−0.046%	$22.7M	$95.4M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0005%	4h	0.004340	−0.046%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004340	−0.046%	$20K	$202K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004343	+0.023%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004341	−0.020%	$55K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0060%	1h	0.004344	+0.048%	$774K	$180K	5x	as long as short
Lighter PUMP	+0.0096%	1h	0.004343	+0.023%	$2.9M	$5.5M	10x	as long as short
01 Exchange PUMPUSD	+0.0096%	1h	0.004344	+0.046%	$6K	$497	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.967%	$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	0.004341	−0.020%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004344	+0.035%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004351	+0.207%	$159.4M	$52.3M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004343	+0.023%	$786K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004345	+0.069%	$450K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004341	−0.025%	$77.3M	$163.3M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004345	+0.067%	$25K	$174K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004342	0.000%	$42K	$53K	10x	as long as short
Gate PUMP_USDTlong	+0.0100%	4h	0.004342	long leg	$4.7M	$11.7M	75x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004345	+0.069%	$23.0M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004343	+0.023%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004343	+0.023%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004343	+0.017%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004343	+0.023%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004346	+0.092%	$137K	$765K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004345	+0.069%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004342	+0.009%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004341	−0.023%	$2K	$713K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004344	+0.046%	$716	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004344	+0.046%	$21K	$138K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004343	+0.023%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004340	−0.055%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004343	+0.023%	$72K	$18K	3x	as long as short
RISEx PUMP/USDCshort	+0.0147%	1h	0.004343	+0.023%	$492K	$1.0M	10x
Phoenix PUMP	+0.0185%	1h	0.004346	+0.081%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004348	+0.138%	$671K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0313% / S −0.0231%	1h	0.004342	0.000%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004337	−0.115%	$3.4M	$3.8M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004339	−0.071%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0406%	1h	0.004342	+0.003%	$181	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004333	−0.207%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0804%	1h	0.004350	+0.178%	$1.3M	$3.5M	50x	as long as short