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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0335%/8h= +36.7% APRnext payment +$0.42 per $10,000 · paid last 24h −0.343%
Price spread now: Injective against RISEx+0.726%7-day average −0.114% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$880.884% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.883%−$88 on $10k
Price spread, last 4 days (all we have)−0.669%−$67 · spread now +0.726%, 7d avg −0.114%
Together, before fees−1.553%−$155 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Injective is 0.840% dearer against RISEx than usual: you sell high and buy low: +$84 more if the spread goes back to its 7-day average of −0.114%. Mind the row above: over the last 4 days funding on this pair cost −0.883%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx PUMP/USDC0.0044070.0544pay 0.0068% / 1h5m 59s$524K$1.0M10x
ShortInjective PUMP/USDC PERP0.0044390.0880get 0.0110% / 1h5m 59s$39K$204K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
$70.39
Price spread: +0.726% → −0.114%
$83.96
Slippage, 4 orders
−$82.38
Fee RISEx: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$65.95
Costs to cover
0.884%
Break-even
0.4 days
Slippage from RISEx: live order book, 3 min ago; Injective: live order book, 58 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 RISEx live order book, 3 min ago2.26 bp5.3 bp −$513.5 bp −$135doesn't fitdoesn't fit
Sell Injective live order book, 58 min ago17.81 bp27.0 bp −$27doesn't fitdoesn'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
Perpl PUMP−0.0112%43m0.004404−0.068%$18K$231K20xas long as short
dYdX PUMP-USD−0.0007%1h0.004410+0.072%$20K$9K5xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004402−0.113%$70K$124K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004404−0.071%$52K150xas long as short
Lighter PUMP+0.0096%1h0.004404−0.068%$2.8M$5.5M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−0.159%$31K$795K20xas long as short
Aster PUMPUSDT+0.0100%4h0.004402−0.113%$692K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004409+0.045%$479K$786K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004402−0.117%$79.9M$171.3M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004400−0.159%$23.9M$97.3M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps PUMP-USD.P+0.0100%1h0.004422+0.347%$36K$190K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004408+0.023%$60K$86K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004401−0.136%$4.9M$11.3M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004405−0.045%$23.5M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004402−0.113%$17.5M$20.1M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004401−0.136%$12.9Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004400−0.154%$783K$191K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004436+0.656%$65K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004437+0.670%$1.2M$10.6M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004437+0.681%$148K$751K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004406−0.023%$101K$2.1M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004402−0.113%$41K$11K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004402−0.120%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004401−0.136%$2K$757K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004402−0.113%$276$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004398−0.204%$21K$118K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004401−0.136%$2.0M$4.0M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004409+0.041%$42K$2765xas long as short
Aevo PUMP-PERP+0.0104%1h0.004397−0.227%$70K$11K3xas long as short
Nado PUMP-PERP+0.0115%1h0.004407+0.011%$1.6M$2.1M10xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0191% / S −0.0050%1h0.004403−0.091%$59K100xas long as short
Extended PUMP-USD+0.0232%1h0.004399−0.173%$3.8M$4.3M50xas long as short
01 Exchange PUMPUSD+0.0288%1h0.0044070.000%$6K$72710xas long as short
Phoenix PUMP+0.0321%1h0.004441+0.762%$43K$103K10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004415+0.182%$3.6M$4.4M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004403−0.097%$23xas long as short
Coinbase International PUMP-PERP-INTX+0.0448%1h0.004408+0.023%$690K$5.9M50xas long as short
Hyperliquid PUMP+0.0455%1h0.004408+0.023%$164.8M$55.9M10xas long as short
RISEx PUMP/USDClong+0.0544%1h0.004407long leg$524K$1.0M10x
Aftermath Perps PUMPUSD+0.0878%1h0.004441+0.763%$586$116K10xas long as short
Injective PUMP/USDC PERPshort+0.0880%1h0.004439+0.726%$39K$204K12x
Kraken Futures PF_PUMPUSD+0.1358%1h0.004405−0.057%$1.1M$3.4M50xas long as short