Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.016%

Price spread now: Arcus against OKX+0.044%7-day average +0.044% · 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−$32as in the Price arb table

costs, in and out, $10k−$320.318% of the position

Long on OKX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.016%+$2 on $10k

Price spread, last 4 days (all we have)+0.095%+$10 · spread now +0.044%, 7d avg +0.044%

Together, before fees+0.111%+$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PUMP-USDT-SWAP	0.004520	0.0100	pay 0.0050% / 4h	1h 57m	$24.8M	$98.6M	50x
Short	Arcus PUMP-USD	0.004522	0.0100	get 0.0013% / 1h	57m 23s	$65K	$95K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against OKX. 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 OKXbpFee ArcusbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → +0.044%: $0.05
Slippage, 4 orders: −$17.28
Fee OKX: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$31.72
Costs to cover: 0.318%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Arcus: live order book, 11 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 OKX live order book, 1 min ago	1.10 bp	8.9 bp −$9	19.6 bp −$196	147.6 bp −$14.8K	doesn't fit
Sell Arcus live order book, 11 min ago	4.42 bp	8.0 bp −$8	18.5 bp −$185	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	0.004525	+0.114%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004519	−0.022%	$18K	$256K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004521	+0.025%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004529	+0.199%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.442%	$29K	$628K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004521	+0.017%	$834K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004529	+0.199%	$539K	$886K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004522	+0.050%	$83.2M	$169.7M	75x	as long as short
OKX PUMP-USDT-SWAPlong	+0.0100%	4h	0.004520	long leg	$24.8M	$98.6M	50x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004541	+0.473%	$27K	$168K	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-USDshort	+0.0100%	1h	0.004522	+0.044%	$65K	$95K	10x
Gate PUMP_USDT	+0.0100%	4h	0.004517	−0.066%	$5.0M	$10.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004525	+0.111%	$24.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004521	+0.022%	$18.1M	$18.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004520	0.000%	—	$14.1M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004534	+0.299%	$815K	$197K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004536	+0.364%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004556	+0.796%	$1.3M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004559	+0.863%	$154K	$749K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004525	+0.111%	$110K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004520	0.000%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004533	+0.288%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004532	+0.265%	$2K	$759K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004534	+0.310%	$285	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004539	+0.420%	$22K	$94K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004536	+0.354%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004518	−0.040%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004522	+0.044%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0106%	8h	0.004532	+0.267%	$43K	$276	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0191%	1h	0.004536	+0.354%	$71K	$115K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004521	+0.022%	$54K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004539	+0.420%	$3.7M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004523	+0.061%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004554	+0.759%	$48K	$116K	10x	as long as short
Nado PUMP-PERP	+0.0377%	1h	0.004526	+0.122%	$1.6M	$2.1M	10x	as long as short
01 Exchange PUMPUSD	+0.0424%	1h	0.004523	+0.066%	$6K	$600	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004544	+0.531%	$722K	$5.7M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0544%	1h	0.004535	+0.334%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004529	+0.199%	$38K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0572%	1h	0.004529	+0.199%	$169.3M	$51.0M	10x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004523	+0.060%	$540K	$1.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1165%	1h	0.004542	+0.492%	$701	$111K	10x	as long as short