Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0170%/8h= −18.6% APRpaid last 24h −0.058%

Price spread now: KuCoin against GMX0.000%7-day average — · you sell dearer than you buy

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

Long on GMX Short on KuCoin

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX PUMP/USD [WBTC.b-USDC]	0.004436	L +0.0270% / S −0.0198%	pay 0.0034% / 1h	22m 09s	$53K	—	100x
Short	KuCoin PUMPUSDTM	0.004436	0.0100	get 0.0050% / 4h	3h 22m	$23.8M	$13.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against GMX. 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 GMXbpFee KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$35.75
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$59.75
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 2 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 GMX no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 2 min ago	1.13 bp	14.3 bp −$14	42.0 bp −$420	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX PUMP-USD	−0.3077%	1h	0.004431	−0.108%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004433	−0.068%	$18K	$240K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004435	−0.025%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0006%	4h	0.004433	−0.068%	$4.9M	$10.5M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004438	+0.045%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.812%	$30K	$668K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004436	−0.011%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004436	−0.008%	$709K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004432	−0.090%	$492K	$824K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004436	0.000%	$80.8M	$169.1M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004434	−0.045%	$24.2M	$96.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004430	−0.147%	$31K	$187K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004432	−0.090%	$62K	$99K	10x	as long as short
KuCoin PUMPUSDTMshort	+0.0100%	4h	0.004436	0.000%	$23.8M	$13.8M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004434	−0.045%	$17.4M	$19.5M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004434	−0.045%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004435	−0.014%	$791K	$207K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004436	−0.005%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004437	+0.013%	$1.2M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004437	+0.023%	$148K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004437	+0.023%	$105K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004437	+0.023%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004435	−0.029%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004436	0.000%	$2K	$755K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004436	0.000%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004425	−0.248%	$21K	$102K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004435	−0.023%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004433	−0.078%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004436	0.000%	$66K	$13K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0201%	1h	0.004438	+0.045%	$70K	$122K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]long	L +0.0270% / S −0.0198%	1h	0.004436	long leg	$53K	—	100x
Extended PUMP-USD	+0.0280%	1h	0.004436	+0.006%	$3.9M	$4.2M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004434	−0.045%	$3.6M	$4.4M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004439	+0.074%	$43K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004435	−0.028%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004433	−0.068%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004442	+0.135%	$38K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004436	0.000%	$707K	$5.8M	50x	as long as short
Hyperliquid PUMP	+0.0523%	1h	0.004441	+0.113%	$166.3M	$51.7M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004433	−0.066%	$527K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0661%	1h	0.004438	+0.056%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1023%	1h	0.004438	+0.056%	$316	$109K	10x	as long as short