Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Popdex against KuCoin−1.917%7-day average −1.382% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on KuCoin Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.003%$0 on $10k

Price spread, last 4 days (all we have)+1.060%+$106 · spread now −1.917%, 7d avg −1.382%

Together, before fees+1.057%+$106 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.535% cheaper against KuCoin than usual: you would sell low and buy high, −$53 on $10k if it goes back to its 7-day average of −1.382%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PUMPUSDTM	0.004486	0.0100	pay 0.0050% / 4h	35m 49s	$24.2M	$13.8M	50x
Short	Popdex PUMPUSDT	0.004400	0.0096	get 0.0012% / 1h	35m 49s	$28K	$642K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −1.917%Rate

Funding earned: −$0.84
Price spread: −1.917% → −1.382%: −$53.48
Slippage, 4 orders: −$42.77
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$115.49
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Popdex: live order book, 3 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 KuCoin live order book, 3 min ago	1.11 bp	19.7 bp −$20	61.4 bp −$614	doesn't fit	doesn't fit
Sell Popdex live order book, 3 min ago	2.23 bp	14.6 bp −$15	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	0.0000%	1h	0.004483	−0.067%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004481	−0.111%	$18K	$266K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004479	−0.159%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0008%	4h	0.004481	−0.111%	$4.9M	$10.2M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004482	−0.089%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDTshort	+0.0096%	1h	0.004400	−1.917%	$28K	$642K	20x
Aster PUMPUSDT	+0.0100%	4h	0.004480	−0.134%	$820K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004481	−0.111%	$525K	$854K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004486	+0.010%	$82.1M	$172.2M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004490	+0.089%	$24.8M	$98.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004479	−0.145%	$26K	$150K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004474	−0.267%	$45K	$125K	10x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004486	long leg	$24.2M	$13.8M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004490	+0.089%	$17.6M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004485	−0.022%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004481	−0.118%	$804K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004486	−0.010%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004484	−0.045%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004509	+0.513%	$152K	$743K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004480	−0.134%	$103K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004479	−0.156%	$42K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004482	−0.090%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004479	−0.156%	$2K	$770K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004480	−0.134%	$251	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004472	−0.312%	$21K	$76K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004480	−0.134%	$1.9M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004481	−0.105%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004482	−0.083%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004476	−0.223%	$66K	$10K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0197%	1h	0.004481	−0.111%	$69K	$116K	25x	as long as short
Hyperliquid PUMP	+0.0198%	1h	0.004489	+0.067%	$167.4M	$49.6M	10x	as long as short
Nado PUMP-PERP	+0.0206%	1h	0.004481	−0.114%	$1.6M	$2.1M	10x	as long as short
01 Exchange PUMPUSD	+0.0256%	1h	0.004477	−0.201%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0279%	1h	0.004491	+0.111%	$37K	$204K	12x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004479	−0.156%	$64K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004480	−0.134%	$3.7M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004480	−0.134%	$2	—	3x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004485	−0.027%	$47K	$139K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0449%	1h	0.004481	−0.121%	$1.1M	$3.5M	50x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0536%	1h	0.004485	−0.022%	$723K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0784%	1h	0.004477	−0.201%	$531K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0934%	1h	0.004490	+0.085%	$697	$111K	10x	as long as short