Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.072%

Price spread now: Nado against BloFin+0.012%7-day average −0.015% · 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−$32as in the Price arb table

costs, in and out, $10k−$350.352% of the position

Long on BloFin Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.230%−$23 on $10k

Price spread, last 3 days (all we have)+0.068%+$7 · spread now +0.012%, 7d avg −0.015%

Together, before fees−0.162%+ Points / potential airdropNado: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.027% dearer against BloFin than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.015%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PUMP-USDT	0.004309	0.0340	pay 0.0170% / 4h	2h 03m	$3.4M	$3.7M	75x
Short	Nado PUMP-PERP	0.004309	0.0100	get 0.0012% / 1h	3m 59s	$1.6M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.012%Rate

Funding earned: −$50.4
Price spread: +0.012% → −0.015%: $2.7
Slippage, 4 orders: −$16.15
Fee BloFin: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$82.86
Costs to cover: 0.352%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Nado: live order book, 5 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, 4 min ago	2.31 bp	11.3 bp −$11	18.5 bp −$185	44.6 bp −$4,460	doesn't fit
Sell Nado live order book, 5 min ago	1.16 bp	7.5 bp −$8	18.5 bp −$185	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	−0.5130%	1h	0.004314	+0.109%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0235%	1h	0.004312	+0.058%	$769K	$183K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004310	+0.023%	$20K	$206K	20x	as long as short
OKX PUMP-USDT-SWAP	−0.0062%	4h	0.004314	+0.116%	$22.5M	$95.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0025%	4h	0.004310	+0.023%	$41K	$10K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004313	+0.093%	$68K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004311	+0.035%	$54K	—	150x	as long as short
Gate PUMP_USDT	+0.0052%	4h	0.004312	+0.070%	$4.6M	$11.7M	75x	as long as short
01 Exchange PUMPUSD	+0.0080%	1h	0.004312	+0.070%	$6K	$497	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004311	+0.046%	$2.9M	$5.5M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.209%	$29K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004309	+0.009%	$41K	—	5x	as long as short
Nado PUMP-PERPshort	+0.0100%	1h	0.004309	+0.012%	$1.6M	$2.0M	10x
Hyperliquid PUMP	+0.0100%	1h	0.004316	+0.162%	$158.0M	$52.5M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004310	+0.034%	$777K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004310	+0.023%	$447K	$607K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004314	+0.116%	$76.6M	$163.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004319	+0.237%	$25K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004310	+0.023%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004316	+0.162%	$22.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004313	+0.093%	$17.0M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004313	+0.093%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004322	+0.312%	$63K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004322	+0.303%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004316	+0.162%	$136K	$771K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004313	+0.093%	$90K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004311	+0.045%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004312	+0.070%	$2K	$710K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004311	+0.046%	$711	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004311	+0.046%	$21K	$147K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004311	+0.046%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004313	+0.093%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004311	+0.046%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004313	+0.081%	$489K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004325	+0.381%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004312	+0.070%	$654K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0308% / S −0.0226%	1h	0.004310	+0.023%	$67K	—	100x	as long as short
BloFin PUMP-USDTlong	+0.0340%	4h	0.004309	long leg	$3.4M	$3.7M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004309	+0.007%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0347%	1h	0.004319	+0.229%	$180	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.348%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0688%	1h	0.004317	+0.186%	$1.3M	$3.5M	50x	as long as short