Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:46 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.046%

Price spread now: edgeX against Perpl+0.147%7-day average −0.026% · you sell dearer than you buy

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

Long on Perpl Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

Price spread, last 3 days (all we have)−0.456%−$46 · spread now +0.147%, 7d avg −0.026%

Together, before fees−0.292%+ Points / potential airdropPerpl: Active · edgeX: Active · farm board−$29 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 edgeX is 0.173% dearer against Perpl than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Perpl PUMP	0.004381	0	get 0.0000% / 43m	38m 41s	$18K	$201K	20x
Short	edgeX PUMPUSDC	0.004387	0.0100	get 0.0050% / 4h	42m 41s	$64K	$3.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.147%Rate

Funding earned: $21
Price spread: +0.147% → −0.026%: $17.31
Slippage, 4 orders: no order book: not counted
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $15.51
Costs to cover: 0.228%
Break-even: 1.8 days

Slippage unknown: Perpl: no order-book sample; edgeX: live order book, 1 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 edgeX live order book, 1 min ago	4.57 bp	16.4 bp −$16	20.6 bp −$206	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 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
OKX PUMP-USDT-SWAP	−0.0022%	4h	0.004376	−0.114%	$22.9M	$96.7M	50x	as long as short
dYdX PUMP-USD	−0.0007%	1h	0.004381	+0.006%	$20K	$9K	5x	as long as short
Perpl PUMPlong	0.0000%	43m	0.004381	long leg	$18K	$201K	20x
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004381	0.000%	$70K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004381	−0.009%	$56K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0008%	4h	0.004379	−0.046%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004377	−0.091%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.849%	$26K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004377	−0.088%	$42K	—	5x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004379	−0.047%	$733K	$2.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PUMP	+0.0100%	1h	0.004379	−0.046%	$458K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004377	−0.091%	$78.0M	$163.7M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004383	+0.041%	$26K	$170K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004379	−0.046%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004377	−0.091%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004380	−0.023%	$23.2M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004376	−0.114%	$17.4M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004378	−0.068%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004379	−0.055%	$780K	$181K	5x	as long as short
edgeX PUMPUSDCshort	+0.0100%	4h	0.004387	+0.147%	$64K	$3.0M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004388	+0.160%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004387	+0.137%	$138K	$766K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004380	−0.011%	$1.6M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004385	+0.091%	$97K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004380	−0.022%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004383	+0.046%	$2K	$716K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004379	−0.046%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004386	+0.114%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004380	−0.023%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004376	−0.120%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004381	0.000%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004391	+0.224%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004393	+0.274%	$39K	$207K	12x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004379	−0.034%	$487K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0272%	1h	0.004379	−0.046%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004392	+0.251%	$694K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0319% / S −0.0241%	1h	0.004379	−0.046%	$69K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004381	0.000%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004379	−0.047%	$2	—	3x	as long as short
Hyperliquid PUMP	+0.0439%	1h	0.004384	+0.068%	$161.5M	$52.9M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0467%	1h	0.004390	+0.211%	$183	$105K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0862%	1h	0.004384	+0.072%	$1.3M	$3.5M	50x	as long as short