Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.063%

Price spread now: Extended against BloFin−0.111%74s7-day average −0.046% · 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—prices read too far apart to compare

costs, in and out, $10k−$320.319% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.402%−$40 on $10k

Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.111%, 7d avg −0.046%

Together, before fees−0.365%+ Points / potential airdropExtended: Active · farm board−$37 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.065% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.046%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PUMP-USDT	0.004532	0.0340	pay 0.0170% / 4h	49m 56s	$3.9M	$4.5M	75x
Short	Extended PUMP-USD	0.004527	0.0104	get 0.0013% / 1h	49m 56s	$3.8M	$3.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpOrdersPrice spread, now −0.111%Rate

Funding earned: −$49.56
Price spread: −0.111% → −0.046%: −$6.49
Slippage, 4 orders: −$14.95
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$87.99
Costs to cover: 0.319%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; Extended: 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 BloFin live order book, 2 min ago	1.10 bp	7.1 bp −$7	13.7 bp −$137	46.9 bp −$4,688	148.2 bp −$74.1K
Sell Extended live order book, 2 min ago	1.10 bp	3.6 bp −$4	9.6 bp −$96	doesn't fit	doesn't fit

PUMP on 42 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
Perpl PUMP	−0.0112%	43m	0.004540	+0.177%	$18K	$279K	20x	as long as short
Gate PUMP_USDT	−0.0110%	4h	0.004526	−0.132%	$4.8M	$9.8M	75x	as long as short
dYdX PUMP-USD	−0.0103%	1h	0.004529	−0.071%	$21K	$12K	5x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004542	+0.220%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004535	+0.066%	$3.0M	$2.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.706%	$33K	$592K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004535	+0.066%	$168.6M	$46.6M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004530	−0.044%	$848K	$1.8M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004529	−0.066%	$511K	$846K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004532	−0.010%	$82.4M	$175.3M	75x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004529	−0.066%	$24.8M	$104.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004539	+0.148%	$27K	$138K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004539	+0.154%	$50K	$158K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004530	−0.044%	$24.9M	$13.3M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004530	−0.044%	$18.0M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004529	−0.066%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004531	−0.024%	$826K	$222K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004555	+0.514%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004559	+0.598%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004557	+0.552%	$121K	$791K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004542	+0.221%	$85K	$1.9M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004535	+0.066%	$45K	$5K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004535	+0.062%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004536	+0.088%	$2K	$776K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004536	+0.088%	$641	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004527	−0.110%	$21K	$129K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004528	−0.088%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004533	+0.015%	$43K	$276	5x	as long as short
Extended PUMP-USDshort	+0.0104%	1h	0.004527	−0.111%	$3.8M	$3.8M	50x
Aevo PUMP-PERP	+0.0104%	1h	0.004536	+0.088%	$67K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0163%	1h	0.004540	+0.165%	$1.6M	$2.1M	10x	as long as short
Injective PUMP/USDC PERP	+0.0174%	1h	0.004569	+0.816%	$36K	$205K	12x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004541	+0.199%	$6K	$333	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0305% / S −0.0278%	1h	0.004542	+0.221%	$66K	—	100x	as long as short
Phoenix PUMP	+0.0314%	1h	0.004563	+0.677%	$44K	$145K	10x	as long as short
BloFin PUMP-USDTlong	+0.0340%	4h	0.004532	long leg	$3.9M	$4.5M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004539	+0.161%	$2	—	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0412%	1h	0.004536	+0.088%	$69K	$100K	25x	as long as short
RISEx PUMP/USDC	+0.0516%	1h	0.004539	+0.154%	$570K	$825K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004541	+0.199%	$690K	$6.1M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0720%	1h	0.004536	+0.085%	$1.1M	$3.1M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0852%	1h	0.004552	+0.436%	$689	$117K	10x	as long as short