Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:23 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.043%

Price spread now: Perpl against SunX+0.022%7-day average −0.025% · you sell dearer than you buy

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

Long on SunX Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 7 days−0.219%−$22 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.022%, 7d avg −0.025%

Together, before fees−0.268%+ Points / potential airdropPerpl: Active · farm board−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Perpl is 0.047% dearer against SunX than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.025%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PUMP-USDT	0.004552	0.0100	pay 0.0050% / 4h	3h 54m	$1K	$787K	20x
Short	Perpl PUMP	0.004553	0	get 0.0000% / 43m	26m 05s	$18K	$270K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl against SunX. 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 SunXbpFee PerplbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$21
Price spread: +0.022% → −0.025%: $4.74
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$38.06
Costs to cover: 0.218%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 58 min ago; Perpl: no order-book sample. 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 SunX live order book, 58 min ago	501.00 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Perpl no order-book sample	—	—	—	—	—

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
dYdX PUMP-USD	0.0000%	1h	0.004550	−0.044%	$21K	$11K	5x	as long as short
Perpl PUMPshort	0.0000%	43m	0.004553	+0.022%	$18K	$270K	20x
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004549	−0.071%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0006%	4h	0.004549	−0.066%	$4.9M	$9.9M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004552	0.000%	$2.9M	$4.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.142%	$29K	$661K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004550	−0.044%	$859K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004552	0.000%	$522K	$879K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004552	+0.010%	$83.4M	$176.5M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004551	−0.022%	$25.0M	$104.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004553	+0.026%	$27K	$163K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004555	+0.066%	$50K	$140K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004555	+0.066%	$24.7M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004549	−0.066%	$17.8M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004550	−0.044%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004551	−0.026%	$818K	$212K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004571	+0.416%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004568	+0.343%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004568	+0.351%	$163K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004555	+0.066%	$107K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004552	0.000%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004561	+0.203%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDTlong	+0.0100%	4h	0.004552	long leg	$1K	$787K	20x
SoDEX PUMP-USD	+0.0100%	1h	0.004550	−0.044%	$259	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004547	−0.110%	$25K	$121K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004553	+0.022%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004552	−0.003%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004551	−0.018%	$3.8M	$3.9M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004549	−0.066%	$67K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004552	0.000%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004549	−0.066%	$3.4M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004556	+0.083%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	+0.659%	$38K	$204K	12x	as long as short
01 Exchange PUMPUSD	+0.0400%	1h	0.004559	+0.154%	$6K	$600	10x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004563	+0.246%	$44K	$146K	10x	as long as short
Hyperliquid PUMP	+0.0412%	1h	0.004557	+0.110%	$170.4M	$51.1M	10x	as long as short
Nado PUMP-PERP	+0.0477%	1h	0.004553	+0.033%	$1.7M	$2.2M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004565	+0.286%	$741K	$6.2M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0629%	1h	0.004554	+0.044%	$70K	$116K	25x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004558	+0.130%	$532K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0814%	1h	0.004553	+0.018%	$1.1M	$3.6M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1019%	1h	0.004562	+0.223%	$642	$112K	10x	as long as short