Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0222%/8h= +24.3% APRpaid last 24h +0.067%

Price spread now: RISEx against BingX+0.045%7-day average +0.046% · 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−$27as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on BingX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.194%+$19 on $10k

Price spread, last 7 days+0.003%$0 · spread now +0.045%, 7d avg +0.046%

Together, before fees+0.196%+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX PUMP-USDT	0.004407	0.0100	pay 0.0050% / 4h	2h 47m	—	$12.8M	—
Short	RISEx PUMP/USDC	0.004409	0.0322	get 0.0040% / 1h	47m 18s	$481K	$995K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.045%Rate

Funding earned: $46.66
Price spread: +0.045% → +0.046%: −$0.1
Slippage, 4 orders: −$11.39
Fee BingX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $19.18
Costs to cover: 0.274%
Break-even: 4.1 days

Slippage from BingX: live order book, 6 min ago; RISEx: live order book, 26 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, 6 min ago	2.27 bp	9.7 bp −$10	15.1 bp −$151	36.6 bp −$3,660	147.1 bp −$73.6K
Sell RISEx live order book, 26 min ago	2.23 bp	5.2 bp −$5	13.9 bp −$139	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	−0.0064%	1h	0.004407	+0.007%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004406	−0.023%	$20K	$198K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004406	−0.021%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0060%	4h	0.004407	0.000%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004406	−0.023%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.159%	$27K	$769K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004403	−0.079%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004407	−0.005%	$699K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004406	−0.023%	$495K	$650K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004406	−0.030%	$79.1M	$164.4M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004405	−0.045%	$23.5M	$96.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004405	−0.050%	$26K	$161K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004406	−0.023%	$40K	$60K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004405	−0.045%	$4.8M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004408	+0.023%	$23.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004404	−0.068%	$17.6M	$19.1M	75x	as long as short
BingX PUMP-USDTlong	+0.0100%	4h	0.004407	long leg	—	$12.8M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004407	−0.005%	$785K	$181K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004409	+0.037%	$64K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004410	+0.075%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004408	+0.023%	$139K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004410	+0.068%	$103K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004406	−0.027%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004408	+0.023%	$2K	$731K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004406	−0.023%	$276	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004404	−0.068%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004407	0.000%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004408	+0.015%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004403	−0.082%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004400	−0.159%	$70K	$9K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0204%	1h	0.004409	+0.045%	$70K	$124K	25x	as long as short
01 Exchange PUMPUSD	+0.0224%	1h	0.004410	+0.068%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004408	+0.016%	$40K	$103K	10x	as long as short
RISEx PUMP/USDCshort	+0.0322%	1h	0.004409	+0.045%	$481K	$995K	10x
BloFin PUMP-USDT	+0.0340%	4h	0.004407	0.000%	$3.6M	$4.2M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004406	−0.027%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0359% / S −0.0300%	1h	0.004406	−0.023%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004411	+0.091%	$702K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0457%	1h	0.004413	+0.136%	$162.6M	$54.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004417	+0.227%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0690%	1h	0.004410	+0.064%	$400	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1262%	1h	0.004411	+0.081%	$1.3M	$3.1M	50x	as long as short