Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: SunX against Ondo Perps−0.032%7-day average +0.041% · you buy dearer than you sell

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

Long on Ondo Perps Short on SunX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.032%, 7d avg +0.041%

Together, before fees+0.164%+ Points / potential airdropOndo Perps: Active · farm board+$16 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: SunX is 0.073% cheaper against Ondo Perps than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps PUMP-USD.P	0.004432	0.0100	pay 0.0013% / 1h	7m 46s	$37K	$190K	5x
Short	SunX PUMP-USDT	0.004431	0.0100	get 0.0050% / 4h	1h 07m	$1K	$756K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.032%Rate

Funding earned: $0
Price spread: −0.032% → +0.041%: −$7.25
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$20.25
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 24 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 SunX live order book, 24 min ago	500.78 bp	doesn't fit	doesn't fit	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
Perpl PUMP	−0.0112%	43m	0.004428	−0.099%	$18K	$231K	20x	as long as short
dYdX PUMP-USD	−0.0007%	1h	0.004421	−0.255%	$20K	$9K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004430	−0.054%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004428	−0.093%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004422	−0.235%	$2.8M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.731%	$31K	$789K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004424	−0.183%	$696K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004422	−0.235%	$481K	$786K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004421	−0.246%	$80.3M	$171.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004423	−0.212%	$24.1M	$97.6M	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	0.004432	long leg	$37K	$190K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004423	−0.212%	$60K	$86K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004427	−0.122%	$4.9M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004425	−0.167%	$23.6M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004420	−0.280%	$17.5M	$20.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004422	−0.235%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004428	−0.102%	$785K	$190K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004451	+0.416%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004451	+0.413%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004462	+0.668%	$149K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004432	−0.009%	$106K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004429	−0.077%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004429	−0.069%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDTshort	+0.0100%	4h	0.004431	−0.032%	$1K	$756K	20x
SoDEX PUMP-USD	+0.0100%	1h	0.004429	−0.077%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004426	−0.144%	$21K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004431	−0.032%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004424	−0.188%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004426	−0.144%	$71K	$11K	3x	as long as short
Nado PUMP-PERP	+0.0111%	1h	0.004428	−0.088%	$1.7M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004428	−0.099%	$60K	—	100x	as long as short
Extended PUMP-USD	+0.0248%	1h	0.004422	−0.228%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004434	+0.036%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004468	+0.803%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004438	+0.126%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004428	−0.106%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004434	+0.036%	$694K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0465%	1h	0.004427	−0.122%	$165.5M	$55.8M	10x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004422	−0.246%	$526K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004455	+0.510%	$39K	$204K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0880%	1h	0.004453	+0.475%	$588	$116K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1350%	1h	0.004432	−0.013%	$1.1M	$3.3M	50x	as long as short