Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against SunX−0.092%7-day average −0.013% · you buy dearer than you sell

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

Long on SunX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 3 days (all we have)+0.084%+$8 · spread now −0.092%, 7d avg −0.013%

Together, before fees+0.077%+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.079% cheaper against SunX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PUMP-USDT	0.004345	0.0100	pay 0.0050% / 4h	1h 18m	$2K	$713K	20x
Short	Phemex PUMPUSDT	0.004341	0.0100	get 0.0050% / 4h	1h 18m	$2.0M	$4.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now −0.092%Rate

Funding earned: $0
Price spread: −0.092% → −0.013%: −$7.87
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$27.87
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 53 min ago; Phemex: live order book, 5 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 SunX live order book, 53 min ago	500.87 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 5 min ago	3.46 bp	28.8 bp −$29	doesn't fit	doesn't fit	doesn't fit

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	−0.4852%	1h	0.004345	+0.010%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0057%	4h	0.004340	−0.115%	$22.7M	$95.7M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0006%	4h	0.004341	−0.092%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004343	−0.046%	$20K	$202K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004344	−0.023%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004343	−0.046%	$55K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0057%	1h	0.004341	−0.099%	$774K	$180K	5x	as long as short
Lighter PUMP	+0.0096%	1h	0.004341	−0.092%	$2.9M	$5.5M	10x	as long as short
01 Exchange PUMPUSD	+0.0096%	1h	0.004343	−0.046%	$6K	$497	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.036%	$29K	$764K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004342	−0.061%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004343	−0.035%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004348	+0.069%	$159.3M	$52.3M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004343	−0.046%	$786K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004344	−0.023%	$450K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004340	−0.115%	$77.2M	$163.3M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004342	−0.060%	$25K	$174K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004342	−0.069%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004339	−0.138%	$4.7M	$11.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004344	−0.023%	$23.0M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004343	−0.046%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004341	−0.092%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004342	−0.065%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004342	−0.069%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004347	+0.046%	$137K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004346	+0.023%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004343	−0.039%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDTlong	+0.0100%	4h	0.004345	long leg	$2K	$713K	20x
SoDEX PUMP-USD	+0.0100%	1h	0.004341	−0.092%	$716	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004340	−0.115%	$21K	$139K	20x	as long as short
Phemex PUMPUSDTshort	+0.0100%	4h	0.004341	−0.092%	$2.0M	$4.0M	20x
Extended PUMP-USD	+0.0104%	1h	0.004339	−0.146%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004340	−0.115%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004343	−0.046%	$492K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004342	−0.062%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004349	+0.092%	$671K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0313% / S −0.0230%	1h	0.004344	−0.023%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004339	−0.138%	$3.4M	$3.8M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004342	−0.070%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0408%	1h	0.004338	−0.171%	$180	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004333	−0.276%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0805%	1h	0.004347	+0.039%	$1.3M	$3.5M	50x	as long as short