Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0641%/8h= +70.2% APRpaid last 24h +0.071%

Price spread now: RISEx against Binance+0.035%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$320.315% of the position

Long on Binance Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.238%+$24 on $10k

Price spread, last 7 days−0.008%−$1 · spread now +0.035%, 7d avg +0.037%

Together, before fees+0.230%+$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.238% in total (about 23.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PUMPUSDT	0.004523	0.0100	pay 0.0050% / 4h	3h 33m	$82.6M	$176.4M	75x
Short	RISEx PUMP/USDC	0.004524	0.0741	get 0.0093% / 1h	33m 12s	$527K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Binance. 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 BinancebpFee RISExbpOrdersPrice spread, now +0.035%Rate

Funding earned: $134.67
Price spread: +0.035% → +0.037%: −$0.15
Slippage, 4 orders: −$15.55
Fee Binance: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $102.97
Costs to cover: 0.315%
Break-even: 1.6 days

Slippage from Binance: live order book, 10 min ago; RISEx: live order book, 5 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 Binance live order book, 10 min ago	1.10 bp	11.9 bp −$12	23.4 bp −$234	79.9 bp −$7,987	314.5 bp −$157.3K
Sell RISEx live order book, 5 min ago	2.20 bp	5.2 bp −$5	11.5 bp −$115	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
Gate PUMP_USDT	−0.0110%	4h	0.004519	−0.086%	$4.9M	$10.0M	75x	as long as short
dYdX PUMP-USD	−0.0039%	1h	0.004527	+0.096%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004538	+0.334%	$18K	$266K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004522	−0.028%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004525	+0.046%	$2.9M	$4.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.507%	$35K	$674K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004519	−0.078%	$853K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004527	+0.090%	$519K	$886K	10x	as long as short
Binance PUMPUSDTlong	+0.0100%	4h	0.004523	long leg	$82.6M	$176.4M	75x
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004521	−0.042%	$24.9M	$103.2M	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	0.004533	+0.232%	$27K	$163K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004523	+0.002%	$50K	$140K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004523	+0.002%	$24.8M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004522	−0.020%	$17.6M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004521	−0.042%	—	$14.5M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004521	−0.042%	$811K	$214K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004541	+0.405%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004539	+0.357%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004556	+0.732%	$162K	$748K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004521	−0.042%	$106K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004520	−0.064%	$42K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004542	+0.414%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004519	−0.086%	$2K	$787K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004520	−0.064%	$253	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004518	−0.109%	$23K	$124K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004519	−0.086%	$1.9M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004525	+0.052%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004522	−0.013%	$3.7M	$3.9M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004518	−0.109%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0165%	1h	0.004526	+0.068%	$169.0M	$51.3M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0192%	1h	0.004522	−0.020%	$69K	$116K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004520	−0.064%	$65K	—	100x	as long as short
Phoenix PUMP	+0.0332%	1h	0.004546	+0.517%	$44K	$146K	10x	as long as short
01 Exchange PUMPUSD	+0.0336%	1h	0.004524	+0.024%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004526	+0.068%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004541	+0.395%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	+1.306%	$38K	$204K	12x	as long as short
Nado PUMP-PERP	+0.0378%	1h	0.004519	−0.075%	$1.7M	$2.2M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004525	+0.046%	$732K	$6.1M	50x	as long as short
RISEx PUMP/USDCshort	+0.0741%	1h	0.004524	+0.035%	$527K	$1.1M	10x
Kraken Futures PF_PUMPUSD	+0.0819%	1h	0.004524	+0.023%	$1.1M	$3.5M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0971%	1h	0.004543	+0.451%	$503	$110K	10x	as long as short