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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0256%/8h= +28.0% APRnext payment +$0.32 per $10,000 · paid last 24h +0.033%
Price spread now: Phoenix against Pacifica−0.089%107s7-day average +0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$520.520% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.269%+$27 on $10k
Price spread, last 4 days (all we have)+0.553%+$55 · spread now −0.089%, 7d avg +0.103%
Together, before fees+0.823%+ Points / potential airdropPacifica: Active · farm board+$82 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.192% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.103%). If the spread goes back, that is −$19 on $10k: about 2.5 days of funding at the current rate (+$8 a day). The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PUMP0.0045000.0100pay 0.0013% / 1h17m 37s$533K$880K10x
ShortPhoenix PUMP0.0044960.0356get 0.0045% / 1h17m 37s$46K$119K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Pacifica. 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
$53.76
Price spread: −0.089% → +0.103%
−$19.17
Slippage, 4 orders
−$37.02
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$17.42
Costs to cover
0.520%
Break-even
9.3 days
Slippage from Pacifica: live order book, 31 min ago; Phoenix: live order book, 15 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 Pacifica live order book, 31 min ago3.34 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Phoenix live order book, 15 min ago2.02 bp16.1 bp −$1650.6 bp −$506doesn't fitdoesn't fit

PUMP on 42 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−0.0009%1h0.004503+0.071%$21K$11K5xas long as short
Perpl PUMP0.0000%43m0.004494−0.133%$18K$247K20xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004498−0.054%$55K150xas long as short
Lighter PUMP+0.0096%1h0.004501+0.022%$2.9M$4.7M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.0045000.000%$34K$639K20xas long as short
Aster PUMPUSDT+0.0100%4h0.004501+0.011%$717K$2.2M50xas long as short
Pacifica PUMPlong+0.0100%1h0.004500long leg$533K$880K10x
Binance PUMPUSDT+0.0100%4h0.004501+0.022%$82.6M$167.1M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.0045000.000%$24.6M$96.0M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004501+0.029%$26K$168K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus PUMP-USD+0.0100%1h0.004505+0.111%$65K$103K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004499−0.022%$5.0M$10.5M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004504+0.089%$24.2M$13.6M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004499−0.022%$17.8M$18.5M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004501+0.022%$13.9Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004503+0.078%$811K$201K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004479−0.476%$67K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004498−0.044%$1.3M$10.2M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004506+0.133%$152K$747K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004504+0.089%$113K$2.1M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004501+0.022%$43K$11K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004498−0.034%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.0045000.000%$2K$749K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004501+0.022%$282$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004490−0.222%$21K$93K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004502+0.044%$2.0M$3.9M20xas long as short
Extended PUMP-USD+0.0104%1h0.004502+0.052%$3.8M$3.7M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004495−0.111%$67K$10K3xas long as short
Paradex PUMP-USD-PERP+0.0107%8h0.004503+0.059%$43K$2765xas long as short
Nado PUMP-PERP+0.0113%1h0.004503+0.078%$1.6M$2.1M10xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0272% / S −0.0200%1h0.004496−0.089%$54K100xas long as short
01 Exchange PUMPUSD+0.0328%1h0.004506+0.133%$6K$60010xas long as short
BloFin PUMP-USDT+0.0340%4h0.004496−0.089%$3.7M$4.5M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004500−0.005%$23xas long as short
Phoenix PUMPshort+0.0356%1h0.004496−0.089%$46K$119K10x
Deribit PUMP_USDC-PERPETUAL+0.0417%1h0.004502+0.044%$70K$115K25xas long as short
Hyperliquid PUMP+0.0425%1h0.004505+0.111%$167.9M$50.0M10xas long as short
Coinbase International PUMP-PERP-INTX+0.0480%1h0.004503+0.067%$725K$5.6M50xas long as short
Injective PUMP/USDC PERP+0.0571%1h0.004491−0.200%$38K$204K12xas long as short
RISEx PUMP/USDC+0.0682%1h0.004505+0.111%$535K$1.0M10xas long as short
Kraken Futures PF_PUMPUSD+0.0813%1h0.004502+0.049%$1.0M$3.3M50xas long as short
Aftermath Perps PUMPUSD+0.1100%1h0.004472−0.622%$719$111K10xas long as short