Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0398%/8h= −43.5% APRnext payment $0.50 per $10,000 · paid last 24h +0.079%
Price spread now: GMX against Coinbase International−0.112%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and GMX is 0.112% cheaper against Coinbase International than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International PUMP-PERP-INTX0.0044730.0448pay 0.0056% / 1h32m 40s$698K$6.0M50x
ShortGMX PUMP/USD [WBTC.b-USDC]0.004468L +0.0191% / S −0.0050%get 0.0006% / 1h32m 40s$60K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$83.51
Price spread: −0.112% → 0.000%
−$11.18
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$116.69
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 1 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 1 min ago6.70 bp13.8 bp −$1419.3 bp −$193doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl PUMP−0.0112%43m0.004468−0.112%$18K$225K20xas long as short
dYdX PUMP-USD−0.0014%1h0.004468−0.112%$20K$9K5xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004471−0.045%$71K$124K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004469−0.094%$53K150xas long as short
Orderly PERP_PUMP_USDC+0.0095%4h0.004469−0.089%$42K$10K10xas long as short
Lighter PUMP+0.0096%1h0.0044730.000%$2.9M$5.5M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−1.632%$27K$788K20xas long as short
Nado PUMP-PERP+0.0100%1h0.004467−0.123%$1.7M$2.0M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004470−0.070%$703K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004474+0.022%$521K$736K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PUMPUSDT+0.0100%4h0.004472−0.023%$81.6M$170.0M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004471−0.045%$24.3M$98.8M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004466−0.154%$31K$185K5xas long as short
Arcus PUMP-USD+0.0100%1h0.0044730.000%$41K$66K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004472−0.022%$5.0M$11.2M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004475+0.045%$23.8M$14.0M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.0044730.000%$17.7M$19.9M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004472−0.022%$12.9Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004469−0.080%$795K$188K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004472−0.028%$65K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004475+0.045%$1.3M$10.6M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004476+0.067%$149K$752K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004472−0.022%$107K$2.1M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004469−0.085%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004468−0.112%$2K$753K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004470−0.067%$280$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004462−0.246%$21K$119K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004471−0.045%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004473+0.011%$43K$2765xas long as short
Aevo PUMP-PERP+0.0104%1h0.004465−0.179%$71K$11K3xas long as short
GMX PUMP/USD [WBTC.b-USDC]shortL +0.0191% / S −0.0050%1h0.004468−0.112%$60K100x
Extended PUMP-USD+0.0240%1h0.004472−0.017%$3.8M$4.2M50xas long as short
01 Exchange PUMPUSD+0.0288%1h0.004472−0.022%$6K$72710xas long as short
Phoenix PUMP+0.0321%1h0.004467−0.125%$43K$103K10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004472−0.022%$3.7M$4.5M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004470−0.073%$23xas long as short
Coinbase International PUMP-PERP-INTXlong+0.0448%1h0.004473long leg$698K$6.0M50x
RISEx PUMP/USDC+0.0544%1h0.004476+0.072%$532K$990K10xas long as short
Hyperliquid PUMP+0.0571%1h0.004481+0.179%$167.6M$55.9M10xas long as short
Aftermath Perps PUMPUSD+0.0870%1h0.004475+0.052%$591$116K10xas long as short
Injective PUMP/USDC PERP+0.0880%1h0.004478+0.112%$39K$204K12xas long as short
Kraken Futures PF_PUMPUSD+0.1338%1h0.004472−0.015%$1.1M$3.4M50xas long as short