Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0470%/8h= +51.5% APRpaid last 24h +0.068%

Price spread now: RISEx against KuCoin−0.044%7-day average −0.030% · 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−$54as in the Price arb table

costs, in and out, $10k−$530.527% of the position

Long on KuCoin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.205%+$20 on $10k

Price spread, last 7 days+0.046%+$5 · spread now −0.044%, 7d avg −0.030%

Together, before fees+0.251%+$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PUMPUSDTM	0.004377	0.0100	pay 0.0050% / 4h	37m 11s	$23.4M	$13.9M	50x
Short	RISEx PUMP/USDC	0.004375	0.0570	get 0.0071% / 1h	37m 11s	$520K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.044%Rate

Funding earned: $98.68
Price spread: −0.044% → −0.030%: −$1.42
Slippage, 4 orders: −$34.72
Fee KuCoin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: $44.54
Costs to cover: 0.527%
Break-even: 3.8 days

Slippage from KuCoin: live order book, 2 min ago; RISEx: live order book, 1 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, 2 min ago	2.29 bp	22.0 bp −$22	63.1 bp −$631	doesn't fit	doesn't fit
Sell RISEx live order book, 1 min ago	2.29 bp	5.3 bp −$5	10.9 bp −$109	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
Backpack PUMP_USDC_PERP	−0.0076%	1h	0.004374	−0.071%	$775K	$201K	5x	as long as short
dYdX PUMP-USD	−0.0001%	1h	0.004374	−0.069%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004367	−0.228%	$18K	$235K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004372	−0.117%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004376	−0.023%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.759%	$26K	$823K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004368	−0.194%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004373	−0.097%	$681K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004376	−0.023%	$488K	$821K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004375	−0.042%	$79.7M	$174.1M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004376	−0.023%	$23.8M	$97.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004374	−0.071%	$36K	$186K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004374	−0.069%	$61K	$102K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004369	−0.183%	$4.8M	$11.3M	75x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004377	long leg	$23.4M	$13.9M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004375	−0.046%	$17.5M	$20.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004373	−0.091%	—	$13.0M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004365	−0.263%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004372	−0.114%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004364	−0.297%	$145K	$755K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004376	−0.023%	$101K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004372	−0.114%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004372	−0.109%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004377	0.000%	$2K	$771K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004374	−0.069%	$274	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004367	−0.228%	$21K	$113K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004371	−0.137%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004377	+0.003%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004371	−0.137%	$70K	$8K	3x	as long as short
Extended PUMP-USD	+0.0160%	1h	0.004373	−0.082%	$3.8M	$4.3M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0049%	1h	0.004372	−0.114%	$59K	—	100x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0207%	1h	0.004374	−0.069%	$69K	$124K	25x	as long as short
01 Exchange PUMPUSD	+0.0240%	1h	0.004375	−0.046%	$6K	$727	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004374	−0.069%	$3.6M	$4.4M	75x	as long as short
Hyperliquid PUMP	+0.0342%	1h	0.004381	+0.091%	$163.7M	$56.1M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004373	−0.096%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004367	−0.228%	$42K	$120K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004378	+0.023%	$693K	$5.8M	50x	as long as short
RISEx PUMP/USDCshort	+0.0570%	1h	0.004375	−0.044%	$520K	$1.0M	10x
Injective PUMP/USDC PERP	+0.0706%	1h	0.004380	+0.069%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0809%	1h	0.004377	−0.007%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0874%	1h	0.004372	−0.119%	$577	$115K	10x	as long as short