Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:59 UTC−0.0452%/8h= −49.5% APRpaid last 24h −0.111%

Price spread now: Perpl against BloFin+0.177%48s7-day average −0.027% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Perpl

What this pair did over the last

the charts below follow

Funding, last 7 days−0.643%−$64 on $10k

Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.177%, 7d avg −0.027%

Together, before fees−0.812%+ Points / potential airdropPerpl: Active · farm board−$81 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Perpl is 0.203% dearer against BloFin than usual: you sell high and buy low (spread +0.177% now, against its 7-day average of −0.027%): +$20 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 36 hours. The two prices were read 48 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	50m 26s	$3.9M	$4.5M	75x
Short	Perpl PUMP	0.004540	−0.0112	pay 0.0010% / 43m	14m 26s	$18K	$279K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Perpl 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 PerplbpOrdersPrice spread, now +0.177%Rate

Funding earned: −$94.84
Price spread: +0.177% → −0.027%: $20.3
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Net: −$100.34
Costs to cover: 0.258%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 6 min ago; Perpl: no order-book sample. Net counts fees only.

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	14.5 bp −$14	21.0 bp −$210	43.5 bp −$4,354	148.4 bp −$74.2K
Sell Perpl no order-book sample	—	—	—	—	—

Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 PUMPshort	−0.0112%	43m	0.004540	+0.177%	$18K	$279K	20x
Gate PUMP_USDT	−0.0110%	4h	0.004538	+0.132%	$4.9M	$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	0.004530	−0.044%	$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	0.004546	+0.309%	$169.0M	$46.6M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004540	+0.177%	$850K	$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	0.004541	+0.203%	$82.6M	$175.2M	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	0.004535	+0.066%	$24.9M	$104.1M	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	0.004539	+0.154%	$24.9M	$13.3M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004535	+0.066%	$18.0M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004539	+0.154%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004534	+0.040%	$827K	$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	0.004531	−0.022%	$2K	$775K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004533	+0.022%	$641	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004520	−0.265%	$21K	$129K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004534	+0.044%	$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-USD	+0.0104%	1h	0.004534	+0.043%	$3.8M	$3.8M	50x	as long as short
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	0.004537	+0.110%	$689K	$6.1M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0720%	1h	0.004537	+0.117%	$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