Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Nado against BingX−0.012%7-day average +0.068% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$300.295% of the position

Long on BingX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.002%$0 on $10k

Price spread, last 7 days+0.124%+$12 · spread now −0.012%, 7d avg +0.068%

Together, before fees+0.122%+ Points / potential airdropNado: Active · farm board+$12 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: Nado is 0.079% 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 +0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PUMP-USDT	0.004346	0.0100	pay 0.0050% / 4h	2h 22m	—	$12.7M	—
Short	Nado PUMP-PERP	0.004345	0.0100	get 0.0012% / 1h	22m 10s	$1.6M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.012%Rate

Funding earned: $0
Price spread: −0.012% → +0.068%: −$7.93
Slippage, 4 orders: −$12.54
Fee BingX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$37.47
Costs to cover: 0.295%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; Nado: 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, 1 min ago	1.15 bp	6.2 bp −$6	11.5 bp −$115	43.2 bp −$4,317	171.8 bp −$85.9K
Sell Nado live order book, 2 min ago	1.15 bp	7.8 bp −$8	20.3 bp −$203	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	−0.4219%	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 PUMP	−0.0112%	43m	0.004345	−0.023%	$20K	$206K	20x	as long as short
OKX PUMP-USDT-SWAP	−0.0066%	4h	0.004346	0.000%	$22.7M	$96.4M	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	0.004346	0.000%	$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-PERPshort	+0.0100%	1h	0.004345	−0.012%	$1.6M	$2.0M	10x
Hyperliquid PUMP	+0.0100%	1h	0.004351	+0.115%	$159.6M	$52.4M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004348	+0.055%	$788K	$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	0.004344	−0.039%	$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	0.004348	+0.046%	$22.9M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004345	−0.023%	$17.2M	$19.1M	75x	as long as short
BingX PUMP-USDTlong	+0.0100%	4h	0.004346	long leg	—	$12.7M	—
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	0.004344	−0.047%	$3.6M	$3.7M	50x	as long as short
01 Exchange PUMPUSD	+0.0104%	1h	0.004346	0.000%	$6K	$497	10x	as long as short
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