Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%

Price spread now: BloFin against ApeX Omni−0.298%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$5as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$460.463% of the position

Long on ApeX Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.417%+$42 on $10k

Price spread, last 3 days (all we have)+0.371%+$37 · spread now −0.298%, 7d avg −0.034%

Together, before fees+0.789%+$79 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.264% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.298% now, against its 7-day average of −0.034%). If the spread goes back, that is −$26 on $10k: about 3.7 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PUMPUSDT	0.004363	0.0100	pay 0.0013% / 1h	25m 01s	$138K	$763K	50x
Short	BloFin PUMP-USDT	0.004350	0.0340	get 0.0170% / 4h	25m 01s	$3.5M	$4.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against ApeX Omni. 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 ApeX OmnibpFee BloFinbpOrdersPrice spread, now −0.298%Rate

Funding earned: $50.4
Price spread: −0.298% → −0.034%: −$26.36
Slippage, 4 orders: −$24.32
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$22.28
Costs to cover: 0.463%
Break-even: 10.1 days

Slippage from ApeX Omni: live order book, 54 min ago; BloFin: live order book, 3 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 ApeX Omni live order book, 54 min ago	5.75 bp	13.1 bp −$13	89.7 bp −$897	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	3.44 bp	9.4 bp −$9	13.0 bp −$130	34.6 bp −$3,461	112.7 bp −$56.4K

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	−0.0037%	1h	0.004359	−0.085%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004351	−0.275%	$18K	$205K	20x	as long as short
OKX PUMP-USDT-SWAP	+0.0001%	4h	0.004349	−0.321%	$22.8M	$96.4M	50x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004353	−0.240%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0015%	4h	0.004354	−0.206%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004351	−0.275%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.444%	$26K	$769K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004352	−0.256%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004350	−0.287%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004353	−0.220%	$726K	$2.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PUMP	+0.0100%	1h	0.004352	−0.252%	$455K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004351	−0.278%	$77.6M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004360	−0.071%	$26K	$163K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004351	−0.275%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004351	−0.275%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004354	−0.206%	$23.1M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004351	−0.275%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004352	−0.252%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004351	−0.277%	$775K	$182K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004359	−0.083%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004362	−0.026%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDTlong	+0.0100%	1h	0.004363	long leg	$138K	$763K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004353	−0.229%	$94K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004354	−0.197%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004352	−0.252%	$2K	$718K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004353	−0.229%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004348	−0.344%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004353	−0.229%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004353	−0.236%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004353	−0.229%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004359	−0.101%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004367	+0.092%	$38K	$207K	12x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004353	−0.234%	$483K	$1.0M	10x	as long as short
Hyperliquid PUMP	+0.0202%	1h	0.004355	−0.183%	$160.2M	$53.2M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0209%	1h	0.004356	−0.160%	$69K	$126K	25x	as long as short
01 Exchange PUMPUSD	+0.0224%	1h	0.004353	−0.229%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004354	−0.206%	$675K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0321% / S −0.0243%	1h	0.004352	−0.252%	$68K	—	100x	as long as short
BloFin PUMP-USDTshort	+0.0340%	4h	0.004350	−0.298%	$3.5M	$4.0M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004352	−0.253%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0424%	1h	0.004362	−0.032%	$181	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0867%	1h	0.004358	−0.107%	$1.3M	$3.5M	50x	as long as short