Funding you earn now, next payment 00:00 UTC−0.0252%/8h= −27.6% APRpaid last 24h −0.015%
Price spread now: edgeX against Coinbase International−0.176%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$590.586% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.176%, 7d avg −0.048%
=Together, before fees+0.074%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and edgeX is 0.128% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.020% in total (about -1.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PUMP-PERP-INTX | 0.004489 | 0.0352 | pay 0.0044% / 1h | 6m 39s | $702K | $5.7M | 50x |
| Short | edgeX PUMPUSDC | 0.004481 | 0.0100 | get 0.0050% / 4h | 3h 06m | $66K | $3.1M | 20x |
Coinbase International PUMP-PERP-INTX
edgeX PUMPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$52.92
- Price spread: −0.176% → −0.048%
- −$12.8
- Slippage, 4 orders
- −$39.57
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$124.28
- Costs to cover
- 0.586%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; edgeX: 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 Coinbase International live order book, 2 min ago | 7.82 bp | 16.8 bp −$17 | 24.2 bp −$242 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 2 min ago | 4.47 bp | 14.5 bp −$15 | 18.1 bp −$181 | 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 | −0.1754% | 1h | 0.004487 | −0.045% | $21K | $9K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004486 | −0.067% | $18K | $201K | 20x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0002% | 1h | 0.004483 | −0.123% | $55K | — | 150x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0053% | 4h | 0.004485 | −0.089% | $42K | $10K | 10x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004492 | +0.067% | $2.9M | $5.5M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −1.983% | $27K | $771K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004482 | −0.145% | $1.7M | $2.0M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004491 | +0.044% | $718K | $2.2M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004488 | −0.022% | $480K | $639K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004486 | −0.071% | $80.9M | $163.0M | 75x | as long as short |
dYdX PUMP-USD
Perpl PUMP
gTrade (Gains Network) PUMP/USD
Orderly PERP_PUMP_USDC
Lighter PUMP
Popdex PUMPUSDT
Nado PUMP-PERP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004485 | −0.089% | $23.6M | $98.1M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004475 | −0.303% | $26K | $169K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004484 | −0.111% | $41K | $57K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004485 | −0.089% | $4.9M | $10.7M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004491 | +0.045% | $23.8M | $13.8M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004483 | −0.134% | $18.0M | $19.2M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004486 | −0.067% | — | $12.8M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004492 | +0.065% | $800K | $172K | 5x | as long as short |
| edgeX PUMPUSDCshort | +0.0100% | 4h | 0.004481 | −0.176% | $66K | $3.1M | 20x | |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004476 | −0.290% | $1.3M | $10.2M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004477 | −0.267% | $141K | $760K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004490 | +0.022% | $108K | $1.9M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004485 | −0.084% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004486 | −0.067% | $2K | $724K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004487 | −0.045% | $282 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004483 | −0.134% | $21K | $123K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004486 | −0.067% | $2.0M | $4.0M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004485 | −0.096% | $43K | $276 | 5x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004483 | −0.125% | $3.7M | $3.7M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004482 | −0.156% | $71K | $11K | 3x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0196% | 1h | 0.004487 | −0.045% | $71K | $124K | 25x | as long as short |
| 01 Exchange PUMPUSD | +0.0216% | 1h | 0.004482 | −0.156% | $6K | $727 | 10x | as long as short |
| Phoenix PUMP | +0.0237% | 1h | 0.004498 | +0.203% | $39K | $99K | 10x | as long as short |
| RISEx PUMP/USDC | +0.0297% | 1h | 0.004484 | −0.107% | $489K | $995K | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004486 | −0.067% | $3.6M | $4.4M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004484 | −0.116% | $2 | — | 3x | as long as short |
| Coinbase International PUMP-PERP-INTXlong | +0.0352% | 1h | 0.004489 | long leg | $702K | $5.7M | 50x | |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0356% / S −0.0293% | 1h | 0.004483 | −0.134% | $74K | — | 100x | as long as short |
| Injective PUMP/USDC PERP | +0.0480% | 1h | 0.004481 | −0.178% | $39K | $204K | 12x | as long as short |
| Hyperliquid PUMP | +0.0582% | 1h | 0.004495 | +0.134% | $166.4M | $53.7M | 10x | as long as short |
| Aftermath Perps PUMPUSD | +0.0722% | 1h | 0.004479 | −0.231% | $392 | $109K | 10x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0916% | 1h | 0.004493 | +0.083% | $1.3M | $3.0M | 50x | as long as short |
OKX PUMP-USDT-SWAP
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Extended PUMP-USD
Aevo PUMP-PERP
Deribit PUMP_USDC-PERPETUAL
01 Exchange PUMPUSD
Phoenix PUMP
RISEx PUMP/USDC
BloFin PUMP-USDT
Reya PUMPRUSDPERP
GMX PUMP/USD [WBTC.b-USDC]
Injective PUMP/USDC PERP
Hyperliquid PUMP
Aftermath Perps PUMPUSD
Kraken Futures PF_PUMPUSD