Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0256%/8h= −28.0% APRnext payment $0.32 per $10,000 · paid last 24h −0.059%
Price spread now: SoDEX against GMX+0.517%55s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. SoDEX is 0.517% dearer against GMX than usual: you sell high and buy low (spread +0.517% now, against zero (this spread has no 7-day history yet)): +$52 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 6.7 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX PUMP/USD [WBTC.b-USDC]0.004453L +0.0356% / S −0.0295%pay 0.0044% / 1h3m 20s$74K100x
ShortSoDEX PUMP-USD0.0044760.0100get 0.0013% / 1h3m 20s$281$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against GMX. 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

Funding earned
−$53.75
Price spread: +0.517% → 0.000%
$51.65
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$22.1
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell SoDEX no order-book sample
GMX and SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.2163%1h0.004461+0.185%$20K$9K5xas long as short
Perpl PUMP0.0000%43m0.004454+0.022%$19K$202K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004476+0.517%$71K$124K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004454+0.012%$55K150xas long as short
Orderly PERP_PUMP_USDC+0.0054%4h0.004454+0.022%$42K$10K10xas long as short
Lighter PUMP+0.0096%1h0.004460+0.157%$2.9M$5.5M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−1.190%$27K$767K20xas long as short
Nado PUMP-PERP+0.0100%1h0.004455+0.056%$1.7M$2.0M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004457+0.088%$713K$2.2M50xas long as short
Pacifica PUMP+0.0100%1h0.004458+0.112%$476K$639K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PUMPUSDT+0.0100%4h0.004456+0.064%$80.4M$162.8M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004454+0.022%$23.4M$97.3M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004476+0.505%$26K$169K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004455+0.045%$41K$57K10xas long as short
Gate PUMP_USDT+0.0100%4h0.0044530.000%$4.8M$10.7M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004456+0.067%$23.6M$13.8M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.0044530.000%$17.8M$19.1M75xas long as short
BingX PUMP-USDT+0.0100%4h0.0044530.000%$12.8Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004471+0.395%$796K$172K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004484+0.686%$66K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004481+0.630%$1.3M$10.2M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004482+0.651%$141K$759K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004458+0.112%$104K$1.9M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004454+0.034%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004477+0.539%$2K$723K20xas long as short
SoDEX PUMP-USDshort+0.0100%1h0.004476+0.517%$281$7K10x
HTX PUMP-USDT+0.0100%4h0.004480+0.606%$21K$120K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004474+0.472%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004462+0.208%$42K$2765xas long as short
Extended PUMP-USD+0.0104%1h0.004454+0.033%$3.8M$3.9M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004452−0.022%$71K$11K3xas long as short
01 Exchange PUMPUSD+0.0224%1h0.004460+0.157%$6K$72710xas long as short
Phoenix PUMP+0.0237%1h0.004487+0.757%$38K$99K10xas long as short
RISEx PUMP/USDC+0.0297%1h0.004457+0.079%$486K$995K10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004483+0.674%$3.6M$4.4M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004453−0.006%$23xas long as short
Coinbase International PUMP-PERP-INTX+0.0352%1h0.004489+0.808%$699K$5.7M50xas long as short
GMX PUMP/USD [WBTC.b-USDC]longL +0.0356% / S −0.0295%1h0.004453long leg$74K100x
Injective PUMP/USDC PERP+0.0480%1h0.004472+0.427%$39K$204K12xas long as short
Hyperliquid PUMP+0.0584%1h0.004462+0.202%$165.2M$53.7M10xas long as short
Aftermath Perps PUMPUSD+0.0715%1h0.004476+0.525%$392$108K10xas long as short
Kraken Futures PF_PUMPUSD+0.0919%1h0.004478+0.570%$1.3M$3.0M50xas long as short