Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0197%/8h= −21.5% APRpaid last 24h −0.068%

Price spread now: Binance against RISEx−0.240%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$250.254% of the position

Long on RISEx Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.190%−$19 on $10k

Price spread, last 7 days+0.188%+$19 · spread now −0.240%, 7d avg −0.037%

Together, before fees−0.002%$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Binance is 0.203% cheaper against RISEx than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.037%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx PUMP/USDC	0.004440	0.0297	pay 0.0037% / 1h	29m 38s	$483K	$1.0M	10x
Short	Binance PUMPUSDT	0.004430	0.0100	get 0.0050% / 4h	3h 29m	$79.5M	$165.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against RISEx. 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 RISExbpFee BinancebpOrdersPrice spread, now −0.240%Rate

Funding earned: −$41.33
Price spread: −0.240% → −0.037%: −$20.28
Slippage, 4 orders: −$9.45
Fee RISEx: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$87.05
Costs to cover: 0.254%
Break-even: never at this rate

Slippage from RISEx: live order book, 4 min ago; Binance: live order book, 14 min ago.

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 RISEx live order book, 4 min ago	2.26 bp	5.3 bp −$5	13.7 bp −$137	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	1.14 bp	6.1 bp −$6	13.4 bp −$134	55.5 bp −$5,549	268.5 bp −$134.3K

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
dYdX PUMP-USD	−0.0011%	1h	0.004432	−0.184%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004427	−0.304%	$18K	$213K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004426	−0.326%	$70K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004428	−0.291%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0048%	4h	0.004425	−0.349%	$42K	$10K	10x	as long as short
OKX PUMP-USDT-SWAP	+0.0062%	4h	0.004438	−0.056%	$23.3M	$99.0M	50x	as long as short
Lighter PUMP	+0.0096%	1h	0.004431	−0.214%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.912%	$30K	$788K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004435	−0.134%	$43K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004429	−0.247%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004431	−0.217%	$724K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004432	−0.191%	$468K	$626K	10x	as long as short
Binance PUMPUSDTshort	+0.0100%	4h	0.004430	−0.240%	$79.5M	$165.5M	75x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004428	−0.281%	$26K	$167K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004440	−0.011%	$43K	$52K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004431	−0.214%	$4.8M	$10.6M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004433	−0.168%	$23.5M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004438	−0.056%	$17.8M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004436	−0.101%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004431	−0.202%	$789K	$176K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004433	−0.170%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004432	−0.184%	$1.2M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004433	−0.168%	$140K	$760K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004430	−0.236%	$103K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004426	−0.334%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004432	−0.191%	$2K	$729K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004428	−0.281%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004431	−0.214%	$21K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004429	−0.259%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004439	−0.044%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004421	−0.439%	$70K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0232%	1h	0.004443	+0.057%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004434	−0.150%	$40K	$99K	10x	as long as short
RISEx PUMP/USDClong	+0.0297%	1h	0.004440	long leg	$483K	$1.0M	10x
BloFin PUMP-USDT	+0.0340%	4h	0.004433	−0.168%	$3.5M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004425	−0.353%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0351% / S −0.0293%	1h	0.004424	−0.371%	$74K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004433	−0.168%	$692K	$5.7M	50x	as long as short
Hyperliquid PUMP	+0.0406%	1h	0.004439	−0.033%	$163.3M	$54.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004441	+0.012%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0627%	1h	0.004427	−0.304%	$387	$108K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0928%	1h	0.004435	−0.133%	$1.3M	$3.5M	50x	as long as short