Funding arb · Price arb /

PUMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0107%/8h= −11.8% APRpaid last 24h −0.407%

Price spread now: dYdX against KuCoin−0.432%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.432% cheaper against KuCoin than usual: you would sell low and buy high (−$43 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PUMPUSDTM	0.004590	0.0100	pay 0.0050% / 4h	2h 06m	$25.0M	$13.8M	50x
Short	dYdX PUMP-USD	0.004570	−0.0007	pay 0.0001% / 1h	6m 04s	$21K	$11K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against KuCoin. 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 KuCoinbpFee dYdXbpOrdersPrice spread, now −0.432%Rate

Funding earned: −$22.56
Price spread: −0.432% → 0.000%: −$43.19
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$87.74
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; dYdX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 3 min ago	2.21 bp	23.0 bp −$23	55.9 bp −$559	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX PUMP-USDshort	−0.0007%	1h	0.004570	−0.432%	$21K	$11K	5x
Perpl PUMP	0.0000%	43m	0.004574	−0.349%	$18K	$254K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004577	−0.285%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004587	−0.065%	$3.0M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.961%	$30K	$640K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004581	−0.199%	$837K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004571	−0.414%	$545K	$884K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004581	−0.196%	$84.2M	$168.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004584	−0.131%	$25.0M	$99.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004539	−1.113%	$27K	$170K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004579	−0.240%	$66K	$95K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004585	−0.109%	$5.1M	$10.5M	75x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004590	long leg	$25.0M	$13.8M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004581	−0.196%	$18.4M	$18.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004587	−0.065%	—	$14.0M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004589	−0.020%	$825K	$197K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004520	−1.530%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004517	−1.589%	$1.3M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004523	−1.460%	$153K	$749K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004582	−0.174%	$114K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004587	−0.065%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004586	−0.096%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004584	−0.131%	$2K	$753K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004587	−0.065%	$288	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004567	−0.501%	$22K	$94K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004587	−0.065%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004581	−0.191%	$3.9M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004584	−0.131%	$68K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0107%	8h	0.004578	−0.259%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0125%	1h	0.004580	−0.207%	$1.7M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004575	−0.327%	$55K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004566	−0.523%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004576	−0.310%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004577	−0.283%	$6K	$600	10x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004523	−1.455%	$48K	$119K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0404%	1h	0.004588	−0.044%	$71K	$115K	25x	as long as short
Hyperliquid PUMP	+0.0456%	1h	0.004594	+0.087%	$171.6M	$50.6M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004593	+0.065%	$748K	$5.8M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004547	−0.937%	$38K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004577	−0.272%	$544K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0798%	1h	0.004590	+0.003%	$1.1M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1092%	1h	0.004529	−1.320%	$724	$112K	10x	as long as short