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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.076%
Price spread now: RISEx against Popdex+0.500%57s7-day average +1.318% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.366% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.195%+$19 on $10k
Price spread, last 4 days (all we have)+0.180%+$18 · spread now +0.500%, 7d avg +1.318%
Together, before fees+0.375%+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.818% cheaper against Popdex than usual: you would sell low and buy high (spread +0.500% now, against its 7-day average of +1.318%). If the spread goes back, that is −$82 on $10k: about 53 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.195% in total) that is about 14 days. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex PUMPUSDT0.0043000.0096pay 0.0012% / 1h44m 44s$29K$768K20x
ShortRISEx PUMP/USDC0.0043210.0147get 0.0018% / 1h44m 44s$488K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Popdex. 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
$10.72
Price spread: +0.500% → +1.318%
−$81.77
Slippage, 4 orders
−$24.18
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$107.63
Costs to cover
0.366%
Break-even
77.3 days
Slippage from Popdex: live order book, 39 min ago; RISEx: live order book, 4 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 Popdex live order book, 39 min ago1.15 bp14.0 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell RISEx live order book, 4 min ago2.32 bp5.3 bp −$512.9 bp −$129doesn'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−0.4990%1h0.004321+0.478%$20K$8K5xas long as short
OKX PUMP-USDT-SWAP−0.0041%4h0.004320+0.465%$22.5M$95.5M50xas long as short
Orderly PERP_PUMP_USDC−0.0017%4h0.004315+0.349%$41K$10K10xas long as short
Perpl PUMP0.0000%43m0.004315+0.349%$20K$206K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004317+0.395%$69K$126K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004318+0.422%$55K150xas long as short
Backpack PUMP_USDC_PERP+0.0034%1h0.004316+0.365%$769K$181K5xas long as short
Lighter PUMP+0.0096%1h0.004316+0.372%$2.9M$5.4M10xas long as short
Popdex PUMPUSDTlong+0.0096%1h0.004300long leg$29K$768K20x
Paradex PUMP-USD-PERP+0.0100%8h0.004316+0.381%$41K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado PUMP-PERP+0.0100%1h0.004319+0.453%$1.6M$2.0M10xas long as short
Hyperliquid PUMP+0.0100%1h0.004323+0.535%$158.3M$52.6M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004316+0.371%$778K$2.0M50xas long as short
Pacifica PUMP+0.0100%1h0.004319+0.442%$448K$607K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004319+0.442%$76.8M$163.6M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004309+0.212%$25K$178K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004320+0.465%$42K$53K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004316+0.372%$4.6M$11.6M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004320+0.465%$22.8M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004319+0.442%$17.1M$19.0M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004318+0.419%$12.7Mas long as short
edgeX PUMPUSDC+0.0100%4h0.004311+0.259%$63K$3.0M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004312+0.273%$1.2M$9.7M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004311+0.256%$136K$768K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004320+0.465%$91K$1.9M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004317+0.389%$4K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004318+0.419%$2K$712K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004315+0.349%$712$6K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004306+0.140%$21K$138K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004317+0.395%$2.0M$4.0M20xas long as short
Extended PUMP-USD+0.0104%1h0.004319+0.435%$3.5M$3.7M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004314+0.326%$71K$18K3xas long as short
01 Exchange PUMPUSD+0.0112%1h0.004322+0.512%$6K$49710xas long as short
RISEx PUMP/USDCshort+0.0147%1h0.004321+0.500%$488K$1.0M10x
Phoenix PUMP+0.0185%1h0.004317+0.391%$39K$99K10xas long as short
Coinbase International PUMP-PERP-INTX+0.0280%1h0.004315+0.349%$654K$5.4M50xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0309% / S −0.0228%1h0.004316+0.372%$67K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004317+0.395%$3.4M$3.7M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004314+0.329%$23xas long as short
Aftermath Perps PUMPUSD+0.0353%1h0.004318+0.416%$180$106K10xas long as short
Injective PUMP/USDC PERP+0.0652%1h0.004316+0.372%$38K$207K12xas long as short
Kraken Futures PF_PUMPUSD+0.0810%1h0.004322+0.503%$1.3M$3.5M50xas long as short