Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0197%/8h= +21.5% APRpaid last 24h +0.068%

Price spread now: RISEx against HTX+0.395%7-day average +0.073% · 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−$108as in the Price arb table

costs, in and out, $10k−$1401.398% of the position

Long on HTX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.190%+$19 on $10k

Price spread, last 3 days (all we have)−0.240%−$24 · spread now +0.395%, 7d avg +0.073%

Together, before fees−0.050%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and RISEx is 0.322% dearer against HTX than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of +0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX PUMP-USDT	0.004431	0.0100	pay 0.0050% / 4h	3h 28m	$21K	$135K	20x
Short	RISEx PUMP/USDC	0.004449	0.0297	get 0.0037% / 1h	28m 35s	$485K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against HTX. 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 HTXbpFee RISExbpOrdersPrice spread, now +0.395%Rate

Funding earned: $41.33
Price spread: +0.395% → +0.073%: $32.2
Slippage, 4 orders: −$121.77
Fee HTX: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$66.24
Costs to cover: 1.398%
Break-even: 18.2 days

Slippage from HTX: live order book, 42 min ago; RISEx: live order book, 5 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 HTX live order book, 42 min ago	13.75 bp	84.3 bp −$84	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	2.26 bp	5.3 bp −$5	16.5 bp −$165	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	−0.0010%	1h	0.004450	+0.432%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004435	+0.090%	$18K	$209K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004436	+0.113%	$70K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004435	+0.080%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0049%	4h	0.004434	+0.068%	$42K	$10K	10x	as long as short
OKX PUMP-USDT-SWAP	+0.0065%	4h	0.004442	+0.248%	$23.4M	$99.0M	50x	as long as short
Lighter PUMP	+0.0096%	1h	0.004449	+0.406%	$3.0M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.700%	$30K	$786K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004446	+0.350%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004446	+0.334%	$722K	$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	0.004450	+0.429%	$470K	$626K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004446	+0.338%	$79.8M	$165.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004428	−0.068%	$26K	$167K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004448	+0.384%	$43K	$52K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004449	+0.406%	$4.8M	$10.6M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004451	+0.451%	$23.5M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004445	+0.316%	$17.8M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004449	+0.406%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004440	+0.196%	$791K	$174K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004433	+0.043%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004432	+0.030%	$1.2M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004433	+0.045%	$140K	$760K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004448	+0.384%	$105K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004435	+0.094%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004436	+0.113%	$2K	$729K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004436	+0.113%	$278	$7K	10x	as long as short
HTX PUMP-USDTlong	+0.0100%	4h	0.004431	long leg	$21K	$135K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004433	+0.045%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004450	+0.440%	$43K	$37	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004450	+0.418%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004430	−0.023%	$71K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0224%	1h	0.004444	+0.293%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004431	+0.007%	$40K	$99K	10x	as long as short
RISEx PUMP/USDCshort	+0.0297%	1h	0.004449	+0.395%	$485K	$1.0M	10x
BloFin PUMP-USDT	+0.0340%	4h	0.004434	+0.068%	$3.5M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004444	+0.289%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0348% / S −0.0286%	1h	0.004433	+0.045%	$74K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004439	+0.181%	$692K	$5.7M	50x	as long as short
Hyperliquid PUMP	+0.0417%	1h	0.004454	+0.519%	$163.9M	$54.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004435	+0.090%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0634%	1h	0.004430	−0.030%	$387	$108K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0927%	1h	0.004441	+0.215%	$1.3M	$3.5M	50x	as long as short