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+0.0376%/8h= +41.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.028%
Price spread now: Coinbase International against Extended+0.104%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$380.380% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.104%, 7d avg +0.061%
Together, before fees−0.108%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.043% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.061%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended PUMP-USD0.0044950.0104pay 0.0013% / 1h15m 41s$3.8M$3.7M50x
ShortCoinbase International PUMP-PERP-INTX0.0045000.0480get 0.0060% / 1h15m 41s$720K$5.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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
$78.96
Price spread: +0.104% → +0.061%
$4.31
Slippage, 4 orders
−$23.05
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$45.23
Costs to cover
0.380%
Break-even
3.0 days
Slippage from Extended: live order book, 3 min ago; Coinbase International: live order book, 3 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 Extended live order book, 3 min ago1.11 bp7.6 bp −$814.0 bp −$140doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago4.45 bp13.5 bp −$1320.8 bp −$208doesn'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−0.0009%1h0.004487−0.180%$21K$11K5xas long as short
Perpl PUMP0.0000%43m0.004490−0.118%$18K$247K20xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004490−0.120%$55K150xas long as short
Lighter PUMP+0.0096%1h0.004495−0.007%$2.9M$4.7M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−2.120%$33K$639K20xas long as short
Aster PUMPUSDT+0.0100%4h0.004490−0.108%$716K$2.2M50xas long as short
Pacifica PUMP+0.0100%1h0.004494−0.029%$532K$880K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004490−0.118%$82.4M$167.1M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004493−0.051%$24.6M$95.9M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004501+0.133%$27K$168K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus PUMP-USD+0.0100%1h0.004498+0.060%$65K$103K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004492−0.074%$5.0M$10.5M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004496+0.015%$24.1M$13.6M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004495−0.007%$17.8M$18.5M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004493−0.051%$13.9Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004493−0.058%$809K$201K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004479−0.372%$67K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004498+0.060%$1.3M$10.2M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004506+0.238%$152K$747K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004497+0.038%$113K$2.1M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004491−0.096%$42K$11K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004490−0.122%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004492−0.074%$2K$749K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004492−0.074%$282$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004485−0.229%$21K$93K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004491−0.096%$2.0M$3.9M20xas long as short
Extended PUMP-USDlong+0.0104%1h0.004495long leg$3.8M$3.7M50x
Aevo PUMP-PERP+0.0104%1h0.004488−0.163%$67K$10K3xas long as short
Paradex PUMP-USD-PERP+0.0106%8h0.004495−0.015%$43K$2765xas long as short
Nado PUMP-PERP+0.0115%1h0.004494−0.018%$1.6M$2.1M10xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0272% / S −0.0200%1h0.004489−0.140%$54K100xas long as short
01 Exchange PUMPUSD+0.0328%1h0.004502+0.149%$6K$60010xas long as short
BloFin PUMP-USDT+0.0340%4h0.004497+0.038%$3.7M$4.5M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004494−0.034%$23xas long as short
Phoenix PUMP+0.0356%1h0.004504+0.193%$46K$119K10xas long as short
Deribit PUMP_USDC-PERPETUAL+0.0418%1h0.004492−0.074%$70K$115K25xas long as short
Hyperliquid PUMP+0.0427%1h0.004499+0.082%$167.6M$50.1M10xas long as short
Coinbase International PUMP-PERP-INTXshort+0.0480%1h0.004500+0.104%$720K$5.6M50x
Injective PUMP/USDC PERP+0.0571%1h0.004514+0.416%$38K$204K12xas long as short
RISEx PUMP/USDC+0.0682%1h0.004498+0.066%$534K$1.0M10xas long as short
Kraken Futures PF_PUMPUSD+0.0815%1h0.004494−0.038%$1.0M$3.3M50xas long as short
Aftermath Perps PUMPUSD+0.1108%1h0.004484−0.258%$721$111K10xas long as short