Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0416%/8h= +45.6% APRpaid last 24h +0.095%

Price spread now: RISEx against OKX−0.066%7-day average +0.050% · 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−$40as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on OKX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.279%+$28 on $10k

Price spread, last 7 days+0.052%+$5 · spread now −0.066%, 7d avg +0.050%

Together, before fees+0.331%+$33 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.116% cheaper against OKX than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of +0.050%). If the spread goes back, that is −$12 on $10k: about 22 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PUMP-USDT-SWAP	0.004553	0.0100	pay 0.0050% / 4h	45m 01s	$25.0M	$104.7M	50x
Short	RISEx PUMP/USDC	0.004550	0.0516	get 0.0065% / 1h	45m 01s	$568K	$825K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.066%Rate

Funding earned: $87.41
Price spread: −0.066% → +0.050%: −$11.58
Slippage, 4 orders: −$12.43
Fee OKX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $47.4
Costs to cover: 0.284%
Break-even: 3.2 days

Slippage from OKX: live order book, 2 min ago; RISEx: live order book, 27 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, 2 min ago	1.10 bp	11.3 bp −$11	19.1 bp −$191	105.3 bp −$10.5K	doesn't fit
Sell RISEx live order book, 27 min ago	2.19 bp	5.2 bp −$5	11.6 bp −$116	doesn't fit	doesn't fit

PUMP on 42 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
Perpl PUMP	−0.0112%	43m	0.004548	−0.110%	$18K	$282K	20x	as long as short
Gate PUMP_USDT	−0.0100%	4h	0.004548	−0.110%	$4.9M	$9.8M	75x	as long as short
dYdX PUMP-USD	−0.0066%	1h	0.004542	−0.250%	$21K	$12K	5x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004549	−0.079%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004555	+0.044%	$3.0M	$2.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.164%	$34K	$604K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004557	+0.088%	$169.4M	$46.7M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004552	−0.015%	$853K	$1.8M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004544	−0.198%	$512K	$847K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004555	+0.041%	$82.9M	$175.6M	75x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAPlong	+0.0100%	4h	0.004553	long leg	$25.0M	$104.7M	50x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004557	+0.081%	$27K	$139K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004551	−0.044%	$50K	$158K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004557	+0.088%	$25.0M	$13.3M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004556	+0.066%	$18.1M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004551	−0.044%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004553	0.000%	$830K	$223K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004527	−0.562%	$68K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004543	−0.220%	$1.3M	$10.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004527	−0.571%	$120K	$789K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004554	+0.022%	$86K	$1.9M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004551	−0.044%	$46K	$5K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004550	−0.065%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004549	−0.088%	$2K	$778K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004552	−0.022%	$643	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004537	−0.351%	$21K	$129K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004549	−0.088%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004544	−0.204%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004554	+0.022%	$3.9M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004550	−0.066%	$67K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0129%	1h	0.004550	−0.066%	$1.6M	$2.1M	10x	as long as short
Injective PUMP/USDC PERP	+0.0174%	1h	0.004569	+0.351%	$36K	$205K	12x	as long as short
01 Exchange PUMPUSD	+0.0264%	1h	0.004552	−0.022%	$6K	$333	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0287% / S −0.0234%	1h	0.004549	−0.088%	$60K	—	100x	as long as short
Phoenix PUMP	+0.0314%	1h	0.004538	−0.321%	$44K	$145K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004554	+0.022%	$3.9M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004550	−0.058%	$2	—	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0409%	1h	0.004552	−0.022%	$69K	$100K	25x	as long as short
RISEx PUMP/USDCshort	+0.0516%	1h	0.004550	−0.066%	$568K	$825K	10x
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004554	+0.022%	$695K	$6.2M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0717%	1h	0.004556	+0.055%	$1.1M	$3.1M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0855%	1h	0.004550	−0.069%	$688	$118K	10x	as long as short