Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.072%

Price spread now: ApeX Omni against BloFin+0.264%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$570.565% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.435%−$44 on $10k

Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.264%, 7d avg +0.052%

Together, before fees−0.450%−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.212% dearer against BloFin than usual: you sell high and buy low (spread +0.264% now, against its 7-day average of +0.052%): +$21 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PUMP-USDT	0.004540	0.0340	pay 0.0170% / 4h	1h 55m	$3.8M	$4.4M	75x
Short	ApeX Omni PUMPUSDT	0.004552	0.0100	get 0.0013% / 1h	55m 15s	$162K	$744K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now +0.264%Rate

Funding earned: −$50.4
Price spread: +0.264% → +0.052%: $21.24
Slippage, 4 orders: −$34.52
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$85.68
Costs to cover: 0.565%
Break-even: never at this rate

Slippage from BloFin: live order book, 6 min ago; ApeX Omni: live order book, 56 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 BloFin live order book, 6 min ago	1.10 bp	12.5 bp −$13	24.0 bp −$240	63.0 bp −$6,302	179.5 bp −$89.7K
Sell ApeX Omni live order book, 56 min ago	5.51 bp	13.9 bp −$14	106.3 bp −$1,063	doesn't fit	doesn't fit

PUMP on 41 exchanges

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	−0.0172%	1h	0.004534	−0.133%	$21K	$12K	5x	as long as short
Gate PUMP_USDT	−0.0086%	4h	0.004533	−0.154%	$4.8M	$9.6M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004535	−0.110%	$18K	$269K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004536	−0.088%	$69K	$102K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004559	+0.428%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004538	−0.044%	$3.0M	$2.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.881%	$33K	$589K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004533	−0.161%	$849K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004537	−0.066%	$517K	$837K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004535	−0.112%	$82.8M	$171.3M	75x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004530	−0.220%	$24.7M	$101.5M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004555	+0.328%	$17K	$152K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004538	−0.044%	$50K	$152K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004537	−0.066%	$25.1M	$13.5M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004534	−0.132%	$17.9M	$18.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004535	−0.110%	—	$14.5M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004539	−0.022%	$820K	$216K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004561	+0.460%	$68K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004559	+0.418%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDTshort	+0.0100%	1h	0.004552	+0.264%	$162K	$744K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004538	−0.044%	$107K	$1.7M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004534	−0.132%	$42K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004535	−0.110%	$1K	$766K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004535	−0.110%	$550	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004529	−0.242%	$23K	$127K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004535	−0.110%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004538	−0.042%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004534	−0.132%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004536	−0.088%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0209%	1h	0.004542	+0.044%	$169.1M	$47.6M	10x	as long as short
Injective PUMP/USDC PERP	+0.0251%	1h	0.004542	+0.044%	$36K	$205K	12x	as long as short
Nado PUMP-PERP	+0.0252%	1h	0.004536	−0.077%	$1.7M	$2.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004538	−0.044%	$6K	$465	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0278%	1h	0.004532	−0.176%	$66K	—	100x	as long as short
Phoenix PUMP	+0.0331%	1h	0.004561	+0.454%	$44K	$144K	10x	as long as short
BloFin PUMP-USDTlong	+0.0340%	4h	0.004540	long leg	$3.8M	$4.4M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004534	−0.123%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004543	+0.066%	$702K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0558%	1h	0.004551	+0.243%	$580K	$940K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0624%	1h	0.004538	−0.045%	$1.1M	$2.9M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1020%	1h	0.004551	+0.249%	$703	$98K	10x	as long as short