Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.011%

Price spread now: edgeX against Extended+0.191%73s7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$380.379% of the position

Long on Extended Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.065%−$6 on $10k

Price spread, last 7 days−0.219%−$22 · spread now +0.191%, 7d avg +0.007%

Together, before fees−0.283%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.184% dearer against Extended than usual: you sell high and buy low (spread +0.191% now, against its 7-day average of +0.007%): +$18 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.065% in total) that is about 20 days. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended PUMP-USD	0.004463	0.0248	pay 0.0031% / 1h	32m 08s	$3.8M	$4.2M	50x
Short	edgeX PUMPUSDC	0.004472	0.0100	get 0.0050% / 4h	1h 32m	$65K	$3.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee ExtendedbpFee edgeXbpOrdersPrice spread, now +0.191%Rate

Funding earned: −$31.08
Price spread: +0.191% → +0.007%: $18.35
Slippage, 4 orders: −$23.89
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$50.61
Costs to cover: 0.379%
Break-even: never at this rate

Slippage from Extended: 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 Extended live order book, 2 min ago	1.12 bp	5.4 bp −$5	11.7 bp −$117	doesn't fit	doesn't fit
Sell edgeX live order book, 2 min ago	3.36 bp	13.3 bp −$13	16.9 bp −$169	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
Perpl PUMP	−0.0112%	43m	0.004469	+0.129%	$18K	$225K	20x	as long as short
dYdX PUMP-USD	−0.0014%	1h	0.004468	+0.106%	$20K	$9K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004465	+0.039%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004465	+0.039%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0095%	4h	0.004464	+0.017%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004465	+0.039%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.417%	$27K	$788K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004470	+0.162%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004466	+0.064%	$703K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004474	+0.241%	$521K	$736K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004471	+0.166%	$81.6M	$170.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004466	+0.062%	$24.3M	$98.7M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004466	+0.064%	$31K	$185K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004473	+0.218%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004464	+0.017%	$5.0M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004466	+0.062%	$23.8M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004465	+0.039%	$17.7M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004466	+0.062%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004465	+0.037%	$794K	$188K	5x	as long as short
edgeX PUMPUSDCshort	+0.0100%	4h	0.004472	+0.191%	$65K	$3.1M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004475	+0.263%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004476	+0.286%	$149K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004474	+0.241%	$106K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004464	+0.009%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004468	+0.106%	$2K	$752K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004464	+0.017%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004459	−0.095%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004465	+0.039%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004473	+0.229%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004461	−0.050%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004468	+0.106%	$60K	—	100x	as long as short
Extended PUMP-USDlong	+0.0248%	1h	0.004463	long leg	$3.8M	$4.2M	50x
01 Exchange PUMPUSD	+0.0288%	1h	0.004472	+0.196%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004467	+0.093%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004472	+0.196%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004471	+0.168%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004471	+0.174%	$696K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004476	+0.291%	$532K	$990K	10x	as long as short
Hyperliquid PUMP	+0.0566%	1h	0.004475	+0.263%	$167.4M	$55.9M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0867%	1h	0.004476	+0.283%	$591	$116K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004478	+0.330%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1340%	1h	0.004466	+0.058%	$1.1M	$3.4M	50x	as long as short