Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h +0.068%
Price spread now: Coinbase International against OKX+0.153%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$430.434% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.153%, 7d avg +0.055%
Together, before fees+0.042%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Coinbase International is 0.098% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.055%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.058% in total (about 3.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX PUMP-USDT-SWAP0.0045730.0100pay 0.0050% / 4h2h 58m$25.2M$103.1M50x
ShortCoinbase International PUMP-PERP-INTX0.0045800.0552get 0.0069% / 1h58m 56s$745K$6.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$94.92
Price spread: +0.153% → +0.055%
$9.81
Slippage, 4 orders
−$23.35
Fee OKX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$61.38
Costs to cover
0.434%
Break-even
2.5 days
Slippage from OKX: live order book, 5 min ago; Coinbase International: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 5 min ago1.09 bp8.6 bp −$918.3 bp −$183150.7 bp −$15.1Kdoesn't fit
Sell Coinbase International live order book, 5 min ago5.44 bp12.5 bp −$1217.9 bp −$179doesn't fitdoesn't fit

PUMP on 41 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.3403%1h0.004578+0.111%$21K$11K5xas long as short
Perpl PUMP0.0000%43m0.004574+0.022%$18K$258K20xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0003%1h0.004583+0.212%$61K150xas long as short
Gate PUMP_USDT+0.0084%4h0.004575+0.044%$4.9M$9.6M75xas long as short
Lighter PUMP+0.0096%1h0.004579+0.131%$3.0M$2.7M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004500−1.596%$30K$670K20xas long as short
Aster PUMPUSDT+0.0100%4h0.004579+0.128%$864K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004581+0.175%$521K$860K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004578+0.108%$83.5M$175.6M75xas long as short
OKX PUMP-USDT-SWAPlong+0.0100%4h0.004573long leg$25.2M$103.1M50x
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps PUMP-USD.P+0.0100%1h0.004572−0.026%$27K$154K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004582+0.197%$51K$152K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004578+0.109%$25.1M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004577+0.087%$18.1M$19.1M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004578+0.109%$14.6Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004577+0.096%$820K$209K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004579+0.139%$67K$3.3M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004577+0.087%$1.3M$10.9M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004580+0.153%$163K$744K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004583+0.219%$108K$2.2M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004575+0.044%$43K$2K10xas long as short
SunX PUMP-USDT+0.0100%4h0.004575+0.044%$2K$785K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004577+0.087%$297$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.0045730.000%$22K$126K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004575+0.044%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004579+0.125%$44K$2765xas long as short
Extended PUMP-USD+0.0104%1h0.004574+0.027%$3.9M$4.0M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004576+0.066%$68K$10K3xas long as short
Deribit PUMP_USDC-PERPETUAL+0.0187%1h0.004578+0.109%$70K$109K25xas long as short
01 Exchange PUMPUSD+0.0216%1h0.004583+0.219%$6K$60010xas long as short
Hyperliquid PUMP+0.0252%1h0.004585+0.262%$170.6M$49.7M10xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0304% / S −0.0274%1h0.004576+0.066%$66K100xas long as short
Nado PUMP-PERP+0.0332%1h0.004576+0.077%$1.7M$2.1M10xas long as short
Phoenix PUMP+0.0332%1h0.004587+0.308%$45K$141K10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004574+0.022%$3.8M$4.8M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004576+0.058%$23xas long as short
Coinbase International PUMP-PERP-INTXshort+0.0552%1h0.004580+0.153%$745K$6.2M50x
Kraken Futures PF_PUMPUSD+0.0663%1h0.004581+0.169%$1.1M$3.5M50xas long as short
RISEx PUMP/USDC+0.0683%1h0.004579+0.120%$589K$1.1M10xas long as short
Aftermath Perps PUMPUSD+0.0961%1h0.004583+0.227%$507$103K10xas long as short
Injective PUMP/USDC PERP+0.0983%1h0.004582+0.197%$38K$204K12xas long as short