Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h 0.000%

Price spread now: BingX against Ondo Perps−0.188%7-day average +0.006% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 3 days (all we have)+0.252%+$25 · spread now −0.188%, 7d avg +0.006%

Together, before fees+0.271%+ Points / potential airdropOndo Perps: Active · farm board+$27 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 0.194% cheaper against Ondo Perps than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps PUMP-USD.P	0.004258	0.0100	pay 0.0013% / 1h	48m 23s	$20K	$199K	5x
Short	BingX PUMP-USDT	0.004250	0.0100	get 0.0050% / 4h	48m 23s	—	$13.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Ondo Perps. 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 Ondo PerpsbpFee BingXbpOrdersPrice spread, now −0.188%Rate

Funding earned: $0
Price spread: −0.188% → +0.006%: −$19.39
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$34.39
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; BingX: live order book, 4 min ago. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell BingX live order book, 4 min ago	1.18 bp	7.0 bp −$7	12.4 bp −$124	36.4 bp −$3,645	124.8 bp −$62.4K

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster PUMPUSDT	−0.0018%	4h	0.004252	−0.141%	$750K	$2.4M	50x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004252	−0.145%	$20K	$5K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004250	−0.188%	$19K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004256	−0.047%	$69K	$133K	25x	as long as short
Orderly PERP_PUMP_USDC	0.0000%	4h	0.004249	−0.211%	$40K	$37K	10x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004252	−0.146%	$54K	—	150x	as long as short
Gate PUMP_USDT	+0.0046%	4h	0.004248	−0.235%	$4.5M	$11.9M	75x	as long as short
Phoenix PUMP	+0.0094%	1h	0.004254	−0.089%	$38K	$100K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004251	−0.164%	$2.9M	$6.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004200	−1.362%	$26K	$826K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0096%	4h	0.004248	−0.235%	$22.4M	$98.9M	50x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004252	−0.136%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004251	−0.153%	$1.6M	$2.1M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004254	−0.094%	$153.9M	$54.3M	10x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004253	−0.117%	$446K	$638K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004250	−0.195%	$76.0M	$176.6M	75x	as long as short
Ondo Perps PUMP-USD.Plong	+0.0100%	1h	0.004258	long leg	$20K	$199K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004251	−0.164%	$41K	$57K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004251	−0.164%	$22.4M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004248	−0.235%	$16.9M	$20.2M	75x	as long as short
BingX PUMP-USDTshort	+0.0100%	4h	0.004250	−0.188%	—	$13.6M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004253	−0.108%	$762K	$193K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004253	−0.111%	$63K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004257	−0.020%	$1.2M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004254	−0.094%	$97K	$764K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004253	−0.117%	$94K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004255	−0.066%	$4K	$15K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004255	−0.070%	$2K	$735K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004253	−0.117%	$267	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004254	−0.094%	$22K	$154K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004254	−0.094%	$2.1M	$4.1M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004248	−0.231%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004249	−0.211%	$70K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0117%	1h	0.004253	−0.117%	$474K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0120%	1h	0.004252	−0.141%	$5K	$819	10x	as long as short
Aftermath Perps PUMPUSD	+0.0191%	1h	0.004256	−0.043%	$177	$118K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0208%	1h	0.004256	−0.047%	$620K	$6.0M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0221%	1h	0.004251	−0.164%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004254	−0.094%	$3.5M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004249	−0.202%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0603%	1h	0.004274	+0.376%	$38K	$156K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0791%	1h	0.004259	+0.020%	$1.3M	$3.6M	50x	as long as short