Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0159%/8h= −17.4% APRpaid last 24h −0.007%

Price spread now: edgeX against Nado+0.582%7-day average −0.076% · 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+$26as in the Price arb table

costs, in and out, $10k−$400.403% of the position

Long on Nado Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.004%$0 on $10k

Price spread, last 7 days−0.675%−$68 · spread now +0.582%, 7d avg −0.076%

Together, before fees−0.679%+ Points / potential airdropNado: Active · edgeX: Active · farm board−$68 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.658% dearer against Nado than usual: you sell high and buy low (spread +0.582% now, against its 7-day average of −0.076%): +$66 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 4 days (−0.004% in total) that is about 21 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado PUMP-PERP	0.004534	0.0259	pay 0.0032% / 1h	52m 33s	$1.7M	$2.0M	10x
Short	edgeX PUMPUSDC	0.004561	0.0100	get 0.0050% / 4h	1h 52m	$68K	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.582%Rate

Funding earned: −$33.43
Price spread: +0.582% → −0.076%: $65.78
Slippage, 4 orders: −$24.25
Fee Nado: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$7.9
Costs to cover: 0.403%
Break-even: from the start

Slippage from Nado: live order book, 4 min ago; edgeX: live order book, 4 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, 4 min ago	2.20 bp	7.1 bp −$7	16.5 bp −$165	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	3.29 bp	13.1 bp −$13	16.8 bp −$168	doesn't fit	doesn't fit

PUMP on 41 exchanges

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	−0.0102%	1h	0.004530	−0.101%	$21K	$12K	5x	as long as short
Gate PUMP_USDT	−0.0078%	4h	0.004532	−0.055%	$4.8M	$9.6M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004530	−0.099%	$18K	$268K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004532	−0.055%	$69K	$102K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004528	−0.133%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004536	+0.033%	$3.0M	$2.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.761%	$33K	$589K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004532	−0.055%	$848K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004534	−0.011%	$516K	$837K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004534	−0.006%	$82.7M	$171.2M	75x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004533	−0.033%	$24.7M	$101.5M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004529	−0.115%	$17K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004538	+0.077%	$53K	$155K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004536	+0.033%	$25.1M	$13.5M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004533	−0.033%	$17.9M	$18.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004534	−0.011%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004530	−0.101%	$818K	$216K	5x	as long as short
edgeX PUMPUSDCshort	+0.0100%	4h	0.004561	+0.582%	$68K	$3.2M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004535	+0.011%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004534	−0.011%	$161K	$743K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004536	+0.033%	$107K	$1.7M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004531	−0.077%	$42K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004531	−0.077%	$1K	$766K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004531	−0.077%	$549	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004523	−0.254%	$23K	$127K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004532	−0.055%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004537	+0.049%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004536	+0.033%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004532	−0.055%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0160%	1h	0.004538	+0.077%	$168.9M	$47.4M	10x	as long as short
Injective PUMP/USDC PERP	+0.0251%	1h	0.004542	+0.165%	$36K	$205K	12x	as long as short
Nado PUMP-PERPlong	+0.0259%	1h	0.004534	long leg	$1.7M	$2.0M	10x
01 Exchange PUMPUSD	+0.0288%	1h	0.004536	+0.033%	$6K	$333	10x	as long as short
Phoenix PUMP	+0.0298%	1h	0.004561	+0.576%	$44K	$144K	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0278%	1h	0.004531	−0.077%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004530	−0.099%	$3.8M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004533	−0.024%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004537	+0.055%	$701K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0558%	1h	0.004535	+0.022%	$574K	$912K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0625%	1h	0.004532	−0.053%	$1.1M	$2.9M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1018%	1h	0.004545	+0.231%	$702	$98K	10x	as long as short