Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.1337%/8h= +146.4% APRpaid last 24h +0.442%

Price spread now: Phemex against dYdX+0.109%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and Phemex is 0.109% dearer against dYdX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PUMP-USD	0.004507	−0.1237	get 0.0155% / 1h	18m 04s	$21K	$11K	5x
Short	Phemex PUMPUSDT	0.004512	0.0100	get 0.0050% / 4h	2h 18m	$1.9M	$3.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against dYdX. 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 dYdXbpFee PhemexbpOrdersPrice spread, now +0.109%Rate

Funding earned: $280.73
Price spread: +0.109% → 0.000%: $10.87
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: $269.6
Costs to cover: 0.220%
Break-even: 0.3 days

Slippage unknown: dYdX: no order-book sample; Phemex: live order book, 4 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Phemex live order book, 4 min ago	7.76 bp	23.6 bp −$24	doesn't fit	doesn't fit	doesn't fit

dYdX: 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 41 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
dYdX PUMP-USDlong	−0.1237%	1h	0.004507	long leg	$21K	$11K	5x
Gate PUMP_USDT	−0.0140%	4h	0.004514	+0.153%	$4.8M	$9.7M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004515	+0.175%	$18K	$263K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004501	−0.127%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004517	+0.220%	$2.9M	$2.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.157%	$37K	$588K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004518	+0.242%	$168.1M	$48.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004514	+0.153%	$836K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004509	+0.042%	$512K	$848K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004518	+0.251%	$82.0M	$173.7M	75x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004517	+0.220%	$24.7M	$101.6M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004513	+0.122%	$27K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004518	+0.242%	$50K	$152K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004518	+0.242%	$25.0M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004514	+0.153%	$17.7M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004513	+0.131%	—	$14.5M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004514	+0.158%	$815K	$213K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004508	+0.030%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004506	−0.024%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004510	+0.064%	$160K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004521	+0.308%	$107K	$1.8M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004516	+0.197%	$42K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004515	+0.175%	$2K	$778K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004517	+0.220%	$548	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004502	−0.113%	$23K	$126K	20x	as long as short
Phemex PUMPUSDTshort	+0.0100%	4h	0.004512	+0.109%	$1.9M	$3.8M	20x
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004509	+0.051%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004515	+0.179%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004518	+0.242%	$67K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0216%	1h	0.004518	+0.253%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0301% / S −0.0272%	1h	0.004502	−0.113%	$64K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004520	+0.286%	$6K	$465	10x	as long as short
Phoenix PUMP	+0.0331%	1h	0.004516	+0.189%	$44K	$142K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004505	−0.047%	$3.8M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004518	+0.232%	$2	—	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0414%	1h	0.004519	+0.264%	$69K	$103K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0552%	1h	0.004521	+0.308%	$699K	$6.1M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0672%	1h	0.004518	+0.251%	$1.1M	$3.3M	50x	as long as short
RISEx PUMP/USDC	+0.0683%	1h	0.004518	+0.242%	$567K	$960K	10x	as long as short
Aftermath Perps PUMPUSD	+0.0932%	1h	0.004512	+0.105%	$499	$98K	10x	as long as short
Injective PUMP/USDC PERP	+0.0983%	1h	0.004520	+0.286%	$37K	$205K	12x	as long as short