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 0.000%

Price spread now: KuCoin against Ondo Perps+0.476%7-day average +0.080% · you sell dearer than you buy

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

Long on Ondo Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 4 days (all we have)−0.365%−$36 · spread now +0.476%, 7d avg +0.080%

Together, before fees−0.347%+ Points / potential airdropOndo Perps: Active · farm board−$35 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: KuCoin is 0.396% dearer against Ondo Perps than usual: you sell high and buy low, +$40 on $10k if it goes back to its 7-day average of +0.080%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps PUMP-USD.P	0.004516	0.0100	pay 0.0013% / 1h	24m 39s	$27K	$161K	5x
Short	KuCoin PUMPUSDTM	0.004538	0.0100	get 0.0050% / 4h	1h 24m	$24.5M	$13.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.476%Rate

Funding earned: $0
Price spread: +0.476% → +0.080%: $39.63
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $22.63
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; KuCoin: 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 KuCoin live order book, 4 min ago	2.22 bp	16.2 bp −$16	45.6 bp −$456	doesn't fit	doesn't fit

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
dYdX PUMP-USD	−0.0009%	1h	0.004530	+0.304%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004532	+0.343%	$19K	$262K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004530	+0.298%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0094%	4h	0.004534	+0.387%	$5.0M	$10.5M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004536	+0.432%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.365%	$29K	$642K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004535	+0.410%	$830K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004536	+0.432%	$538K	$850K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004536	+0.426%	$83.1M	$172.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004535	+0.410%	$24.9M	$99.4M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.Plong	+0.0100%	1h	0.004516	long leg	$27K	$161K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004538	+0.476%	$65K	$100K	10x	as long as short
KuCoin PUMPUSDTMshort	+0.0100%	4h	0.004538	+0.476%	$24.5M	$13.9M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004534	+0.387%	$17.8M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004535	+0.410%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004529	+0.288%	$811K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004517	+0.017%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004519	+0.054%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004525	+0.188%	$153K	$745K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004537	+0.454%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004532	+0.343%	$43K	$6K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004514	−0.065%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004534	+0.387%	$2K	$769K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004531	+0.321%	$284	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004525	+0.188%	$22K	$85K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004532	+0.343%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004535	+0.419%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004529	+0.277%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0104%	8h	0.004537	+0.456%	$43K	$276	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0191%	1h	0.004533	+0.365%	$69K	$116K	25x	as long as short
Nado PUMP-PERP	+0.0195%	1h	0.004535	+0.421%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004519	+0.055%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0328%	1h	0.004532	+0.343%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004531	+0.321%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004532	+0.338%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004525	+0.193%	$48K	$139K	10x	as long as short
Hyperliquid PUMP	+0.0501%	1h	0.004538	+0.476%	$169.4M	$51.1M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004538	+0.476%	$727K	$5.8M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0544%	1h	0.004533	+0.370%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004535	+0.410%	$38K	$205K	12x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004539	+0.498%	$541K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1062%	1h	0.004523	+0.153%	$500	$112K	10x	as long as short