Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:20 UTC−0.0216%/8h= −23.6% APRpaid last 24h −0.845%

Price spread now: Perpl against 01 Exchange−0.023%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPerpl: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Perpl is 0.023% cheaper against 01 Exchange than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange PUMPUSD	0.004346	0.0104	pay 0.0013% / 1h	21m 54s	$6K	$497	10x
Short	Perpl PUMP	0.004345	−0.0112	pay 0.0010% / 43m	8m 54s	$20K	$206K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl against 01 Exchange. 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 01 ExchangebpFee PerplbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$45.28
Price spread: −0.023% → 0.000%: −$2.3
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$68.38
Costs to cover: 0.208%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Perpl no order-book sample	—	—	—	—	—

01 Exchange and 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	−0.4219%	1h	0.004350	+0.087%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0249%	1h	0.004345	−0.025%	$774K	$183K	5x	as long as short
Perpl PUMPshort	−0.0112%	43m	0.004345	−0.023%	$20K	$206K	20x
OKX PUMP-USDT-SWAP	−0.0066%	4h	0.004343	−0.069%	$22.7M	$96.3M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0020%	4h	0.004345	−0.023%	$41K	$10K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004346	0.000%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004347	+0.034%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0082%	4h	0.004343	−0.069%	$4.6M	$11.7M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004345	−0.023%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.058%	$29K	$766K	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	0.004344	−0.037%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004345	−0.012%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004350	+0.092%	$159.6M	$52.4M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004343	−0.058%	$787K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004346	0.000%	$450K	$611K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004343	−0.069%	$77.1M	$164.3M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004333	−0.304%	$25K	$179K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004345	−0.023%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004347	+0.023%	$22.9M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004343	−0.069%	$17.1M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004346	0.000%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004332	−0.332%	$63K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004335	−0.253%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004337	−0.207%	$137K	$769K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004348	+0.046%	$97K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004346	+0.009%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004347	+0.023%	$2K	$709K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004345	−0.023%	$717	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004347	+0.023%	$22K	$148K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004344	−0.046%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004341	−0.116%	$3.6M	$3.7M	50x	as long as short
01 Exchange PUMPUSDlong	+0.0104%	1h	0.004346	long leg	$6K	$497	10x
Aevo PUMP-PERP	+0.0104%	1h	0.004344	−0.046%	$72K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004347	+0.016%	$494K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004341	−0.106%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004357	+0.253%	$662K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0307% / S −0.0224%	1h	0.004346	0.000%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004353	+0.161%	$3.5M	$3.7M	75x	as long as short
Aftermath Perps PUMPUSD	+0.0343%	1h	0.004338	−0.175%	$180	$106K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004344	−0.039%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	−0.506%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0682%	1h	0.004351	+0.111%	$1.3M	$3.5M	50x	as long as short