Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Phemex against BingX−0.044%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$720.716% of the position

Long on BingX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.044%, 7d avg +0.017%

Together, before fees+0.071%+$7 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: Phemex is 0.061% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PUMP-USDT	0.004549	0.0100	pay 0.0050% / 4h	3h 52m	—	$14.4M	—
Short	Phemex PUMPUSDT	0.004547	0.0100	get 0.0050% / 4h	3h 52m	$2.0M	$3.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now −0.044%Rate

Funding earned: $0
Price spread: −0.044% → +0.017%: −$6.07
Slippage, 4 orders: −$49.56
Fee BingX: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$77.63
Costs to cover: 0.716%
Break-even: never at this rate

Slippage from BingX: live order book, 1 min ago; Phemex: live order book, 1 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	1.10 bp	7.7 bp −$8	15.6 bp −$156	60.7 bp −$6,074	211.3 bp −$105.7K
Sell Phemex live order book, 1 min ago	3.29 bp	20.3 bp −$20	doesn't fit	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	0.0000%	1h	0.004550	+0.022%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004554	+0.110%	$18K	$270K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004549	−0.005%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004547	−0.044%	$2.9M	$4.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.077%	$31K	$663K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004546	−0.058%	$858K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004554	+0.110%	$522K	$879K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004546	−0.066%	$83.3M	$176.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004548	−0.022%	$25.0M	$103.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004553	+0.092%	$27K	$163K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004552	+0.066%	$50K	$140K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004550	+0.022%	$4.9M	$9.9M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004554	+0.110%	$24.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004543	−0.132%	$17.8M	$19.3M	75x	as long as short
BingX PUMP-USDTlong	+0.0100%	4h	0.004549	long leg	—	$14.4M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004557	+0.176%	$819K	$212K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004550	+0.022%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004553	+0.095%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004552	+0.066%	$162K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004553	+0.088%	$107K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004550	+0.022%	$42K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004561	+0.269%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004554	+0.110%	$1K	$787K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004545	−0.088%	$260	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004548	−0.022%	$25K	$121K	20x	as long as short
Phemex PUMPUSDTshort	+0.0100%	4h	0.004547	−0.044%	$2.0M	$3.9M	20x
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004555	+0.135%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004543	−0.124%	$3.8M	$3.9M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004543	−0.132%	$67K	$10K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0190%	1h	0.004547	−0.044%	$70K	$116K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004555	+0.132%	$65K	—	100x	as long as short
Phoenix PUMP	+0.0332%	1h	0.004563	+0.312%	$44K	$146K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004555	+0.132%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004550	+0.017%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	+0.725%	$38K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0387%	1h	0.004555	+0.132%	$170.3M	$51.1M	10x	as long as short
01 Exchange PUMPUSD	+0.0392%	1h	0.004558	+0.198%	$6K	$600	10x	as long as short
Nado PUMP-PERP	+0.0447%	1h	0.004554	+0.121%	$1.7M	$2.2M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004551	+0.044%	$739K	$6.1M	50x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004557	+0.176%	$532K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0814%	1h	0.004548	−0.033%	$1.1M	$3.6M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1026%	1h	0.004559	+0.225%	$504	$112K	10x	as long as short