Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:50 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.043%

Price spread now: ApeX Omni against Perpl+0.393%7-day average +0.066% · you sell dearer than you buy

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

Long on Perpl Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.207%+$21 on $10k

Price spread, last 4 days (all we have)−0.645%−$64 · spread now +0.393%, 7d avg +0.066%

Together, before fees−0.438%+ Points / potential airdropPerpl: Active · farm board−$44 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.327% dearer against Perpl than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Perpl PUMP	0.004577	0	get 0.0000% / 43m	15m 06s	$18K	$261K	20x
Short	ApeX Omni PUMPUSDT	0.004595	0.0100	get 0.0013% / 1h	0m 06s	$163K	$744K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Perpl. 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 PerplbpFee ApeX OmnibpOrdersPrice spread, now +0.393%Rate

Funding earned: $21
Price spread: +0.393% → +0.066%: $32.74
Slippage, 4 orders: no order book: not counted
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $29.94
Costs to cover: 0.238%
Break-even: from the start

Slippage unknown: Perpl: no order-book sample; ApeX Omni: live order book, 34 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 Perpl no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 34 min ago	5.53 bp	15.4 bp −$15	105.7 bp −$1,057	doesn't fit	doesn't fit

Perpl: 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 41 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	−0.3325%	1h	0.004581	+0.090%	$21K	$11K	5x	as long as short
Perpl PUMPlong	0.0000%	43m	0.004577	long leg	$18K	$261K	20x
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0003%	1h	0.004583	+0.125%	$61K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004585	+0.175%	$3.0M	$4.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.682%	$30K	$670K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004587	+0.218%	$170.7M	$49.7M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004583	+0.131%	$865K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004582	+0.109%	$524K	$857K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004583	+0.132%	$83.7M	$175.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004579	+0.044%	$25.2M	$103.3M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004572	−0.114%	$27K	$154K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004589	+0.262%	$51K	$152K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004580	+0.066%	$4.9M	$10.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004586	+0.197%	$25.2M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004583	+0.131%	$18.1M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004581	+0.087%	—	$14.6M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004583	+0.140%	$821K	$212K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004594	+0.363%	$68K	$3.3M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004592	+0.335%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDTshort	+0.0100%	1h	0.004595	+0.393%	$163K	$744K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004591	+0.306%	$108K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004580	+0.066%	$43K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004582	+0.109%	$2K	$785K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004583	+0.131%	$292	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004576	−0.022%	$22K	$126K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004582	+0.109%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004584	+0.144%	$44K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004582	+0.114%	$3.9M	$4.0M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004581	+0.087%	$68K	$10K	3x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004589	+0.262%	$6K	$600	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004576	−0.022%	$66K	—	100x	as long as short
Nado PUMP-PERP	+0.0314%	1h	0.004588	+0.240%	$1.7M	$2.1M	10x	as long as short
Phoenix PUMP	+0.0332%	1h	0.004587	+0.221%	$45K	$146K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004575	−0.044%	$3.8M	$4.8M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004578	+0.014%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	+0.109%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0405%	1h	0.004584	+0.153%	$70K	$109K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004587	+0.218%	$746K	$6.2M	50x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004588	+0.251%	$589K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0807%	1h	0.004588	+0.231%	$1.1M	$3.5M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0950%	1h	0.004588	+0.243%	$508	$103K	10x	as long as short