Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: BingX against Nado−0.167%53s7-day average −0.066% · 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—prices read too far apart to compare

costs, in and out, $10k−$300.299% of the position

Long on Nado Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.002%$0 on $10k

Price spread, last 7 days+0.053%+$5 · spread now −0.167%, 7d avg −0.066%

Together, before fees+0.055%+ Points / potential airdropNado: Active · farm board+$6 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: BingX is 0.101% cheaper against Nado than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.066%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado PUMP-PERP	0.004492	0.0100	pay 0.0012% / 1h	1m 40s	$1.7M	$2.0M	10x
Short	BingX PUMP-USDT	0.004485	0.0100	get 0.0050% / 4h	2h 01m	—	$12.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Nado. 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 NadobpFee BingXbpOrdersPrice spread, now −0.167%Rate

Funding earned: $0
Price spread: −0.167% → −0.066%: −$10.14
Slippage, 4 orders: −$12.86
Fee Nado: 3.5 bp × 2 orders: −$7
Fee BingX: 5 bp × 2 orders: −$10
Net: −$40.01
Costs to cover: 0.299%
Break-even: 17940808100378.0 days

Slippage from Nado: live order book, 2 min ago; BingX: live order book, 7 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 Nado live order book, 2 min ago	1.11 bp	7.8 bp −$8	19.0 bp −$190	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	1.11 bp	8.0 bp −$8	15.6 bp −$156	52.3 bp −$5,226	170.4 bp −$85.2K

PUMP on 41 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	−0.3963%	1h	0.004486	−0.142%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004490	−0.056%	$18K	$214K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004490	−0.056%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004490	−0.057%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0089%	4h	0.004489	−0.078%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004487	−0.122%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.059%	$28K	$778K	20x	as long as short
Nado PUMP-PERPlong	+0.0100%	1h	0.004492	long leg	$1.7M	$2.0M	10x
Aster PUMPUSDT	+0.0100%	4h	0.004487	−0.116%	$695K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004486	−0.145%	$523K	$717K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004485	−0.156%	$82.0M	$167.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004484	−0.189%	$24.4M	$98.5M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004485	−0.160%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004486	−0.145%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004483	−0.211%	$4.9M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004488	−0.100%	$23.9M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004484	−0.189%	$17.7M	$19.7M	75x	as long as short
BingX PUMP-USDTshort	+0.0100%	4h	0.004485	−0.167%	—	$12.9M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004489	−0.071%	$798K	$186K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004494	+0.022%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004490	−0.066%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004497	+0.100%	$150K	$750K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004496	+0.078%	$100K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004489	−0.079%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004487	−0.122%	$2K	$742K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004489	−0.078%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004492	−0.011%	$21K	$116K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004489	−0.078%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004485	−0.162%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004485	−0.167%	$72K	$8K	3x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004498	+0.118%	$43K	$103K	10x	as long as short
Extended PUMP-USD	+0.0248%	1h	0.004484	−0.180%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004489	−0.078%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004488	−0.111%	$530K	$1.0M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004490	−0.061%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0349% / S −0.0278%	1h	0.004490	−0.056%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004493	+0.011%	$707K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004511	+0.412%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0716%	1h	0.004491	−0.033%	$168.3M	$55.4M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0872%	1h	0.004495	+0.051%	$594	$112K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1238%	1h	0.004496	+0.071%	$1.4M	$3.1M	50x	as long as short