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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0319%/8h= +34.9% APRpaid last 24h −0.219%
Price spread now: Injective against edgeX−0.125%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1191.187% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.207%−$121 on $10k
Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.125%, 7d avg −0.062%
Together, before fees−1.027%+ Points / potential airdropedgeX: Active · farm board−$103 on $10k · with fees, hour by hour
Funding pays, the price is against you. Injective is 0.064% cheaper against edgeX than usual: you would sell low and buy high (spread −0.125% now, against its 7-day average of −0.062%). If the spread goes back, that is −$6 on $10k: about 16 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −1.207%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX PUMPUSDC0.0044940.0100pay 0.0050% / 4h3h 01m$66K$3.1M20x
ShortInjective PUMP/USDC PERP0.0044880.0419get 0.0052% / 1h1m 12s$39K$204K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against edgeX. 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
$66.93
Price spread: −0.125% → −0.062%
−$6.36
Slippage, 4 orders
−$109.65
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$58.1
Costs to cover
1.187%
Break-even
13.1 days
Slippage from edgeX: live order book, 3 min ago; Injective: live order book, 53 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 3 min ago1.11 bp25.4 bp −$2542.1 bp −$421doesn't fitdoesn't fit
Sell Injective live order book, 53 min ago19.16 bp28.9 bp −$29doesn't fitdoesn't fitdoesn't fit

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
dYdX PUMP-USD−0.1978%1h0.004488−0.123%$21K$11K5xas long as short
Perpl PUMP0.0000%43m0.004490−0.081%$18K$238K20xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004486−0.173%$56K150xas long as short
Gate PUMP_USDT+0.0066%4h0.004488−0.125%$5.0M$10.6M75xas long as short
Lighter PUMP+0.0096%1h0.004492−0.036%$2.9M$4.8M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−2.084%$31K$618K20xas long as short
Nado PUMP-PERP+0.0100%1h0.004490−0.070%$1.6M$2.0M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004489−0.103%$712K$2.2M50xas long as short
Pacifica PUMP+0.0100%1h0.004492−0.036%$499K$755K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004489−0.103%$81.7M$164.6M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PUMP-USDT-SWAP+0.0100%4h0.004492−0.036%$24.6M$95.2M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004494+0.010%$32K$184K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004494+0.008%$65K$101K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004492−0.036%$24.1M$13.6M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004491−0.059%$17.7M$18.6M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004489−0.103%$12.8Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004488−0.125%$802K$204K5xas long as short
edgeX PUMPUSDClong+0.0100%4h0.004494long leg$66K$3.1M20x
GRVT PUMP_USDT_Perp+0.0100%4h0.004487−0.154%$1.3M$10.2M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004499+0.119%$151K$747K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004496+0.053%$107K$2.0M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004488−0.125%$42K$11K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004487−0.137%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004489−0.103%$2K$738K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004490−0.081%$282$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004488−0.125%$21K$93K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004488−0.125%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0102%8h0.004492−0.032%$43K$2765xas long as short
Aevo PUMP-PERP+0.0104%1h0.004489−0.103%$67K$10K3xas long as short
Deribit PUMP_USDC-PERPETUAL+0.0196%1h0.004490−0.081%$70K$117K25xas long as short
Extended PUMP-USD+0.0256%1h0.004489−0.096%$3.9M$3.8M50xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0271% / S −0.0198%1h0.004484−0.214%$54K100xas long as short
01 Exchange PUMPUSD+0.0336%1h0.004493−0.014%$6K$60010xas long as short
BloFin PUMP-USDT+0.0340%4h0.004487−0.148%$3.7M$4.5M75xas long as short
Phoenix PUMP+0.0342%1h0.004498+0.108%$46K$119K10xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004490−0.086%$23xas long as short
Injective PUMP/USDC PERPshort+0.0419%1h0.004488−0.125%$39K$204K12x
Coinbase International PUMP-PERP-INTX+0.0472%1h0.004493−0.014%$718K$5.6M50xas long as short
Hyperliquid PUMP+0.0524%1h0.004498+0.097%$168.7M$50.1M10xas long as short
RISEx PUMP/USDC+0.0638%1h0.004495+0.019%$534K$1.0M10xas long as short
Kraken Futures PF_PUMPUSD+0.0653%1h0.004490−0.078%$1.0M$3.3M50xas long as short
Aftermath Perps PUMPUSD+0.1138%1h0.004490−0.083%$720$106K10xas long as short