Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Gate against BingX−0.067%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$500.498% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 7 days+0.094%+$9 · spread now −0.067%, 7d avg +0.010%

Together, before fees+0.006%+$1 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: Gate is 0.077% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PUMP-USDT	0.004473	0.0100	pay 0.0050% / 4h	1h 41m	—	$12.9M	—
Short	Gate PUMP_USDT	0.004470	0.0100	get 0.0050% / 4h	1h 41m	$5.0M	$11.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BingX. 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 BingXbpFee GatebpOrdersPrice spread, now −0.067%Rate

Funding earned: $0
Price spread: −0.067% → +0.010%: −$7.73
Slippage, 4 orders: −$24.75
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$57.48
Costs to cover: 0.498%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; Gate: live order book, 2 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 BingX live order book, 11 min ago	1.11 bp	8.7 bp −$9	14.1 bp −$141	37.5 bp −$3,747	138.2 bp −$69.1K
Sell Gate live order book, 2 min ago	3.34 bp	17.7 bp −$18	38.6 bp −$386	78.9 bp −$7,894	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	0.0000%	1h	0.004477	+0.094%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004494	+0.469%	$19K	$223K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004496	+0.514%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004497	+0.537%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0093%	4h	0.004496	+0.514%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004473	0.000%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.632%	$27K	$780K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004495	+0.503%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004475	+0.045%	$705K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004473	0.000%	$519K	$725K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004472	−0.022%	$81.7M	$169.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004472	−0.022%	$24.4M	$98.8M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004488	+0.331%	$26K	$186K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004497	+0.537%	$41K	$66K	10x	as long as short
Gate PUMP_USDTshort	+0.0100%	4h	0.004470	−0.067%	$5.0M	$11.2M	75x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004476	+0.067%	$23.8M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004470	−0.067%	$17.6M	$19.9M	75x	as long as short
BingX PUMP-USDTlong	+0.0100%	4h	0.004473	long leg	—	$12.9M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004483	+0.224%	$797K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004497	+0.529%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004502	+0.658%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004504	+0.693%	$150K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004501	+0.626%	$106K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004497	+0.540%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004495	+0.492%	$2K	$749K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004497	+0.537%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004483	+0.224%	$21K	$116K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004494	+0.469%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004497	+0.536%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004492	+0.425%	$72K	$8K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0231% / S −0.0083%	1h	0.004497	+0.537%	$61K	—	100x	as long as short
Extended PUMP-USD	+0.0288%	1h	0.004472	−0.015%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004500	+0.604%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004500	+0.604%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004492	+0.425%	$3.7M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004497	+0.531%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004500	+0.604%	$701K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004500	+0.592%	$535K	$984K	10x	as long as short
Hyperliquid PUMP	+0.0611%	1h	0.004479	+0.134%	$167.5M	$56.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0866%	1h	0.004501	+0.629%	$594	$114K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004503	+0.671%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1328%	1h	0.004504	+0.684%	$1.4M	$3.0M	50x	as long as short