Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0372%/8h= +40.7% APRpaid last 24h +0.033%

Price spread now: Coinbase International against KuCoin+0.180%51s7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as 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−$620.624% of the position

Long on KuCoin Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.180%, 7d avg −0.025%

Together, before fees−0.258%−$26 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 0.205% dearer against KuCoin than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.025%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PUMPUSDTM	0.004433	0.0100	pay 0.0050% / 4h	3h 23m	$23.8M	$13.8M	50x
Short	Coinbase International PUMP-PERP-INTX	0.004441	0.0472	get 0.0059% / 1h	23m 24s	$708K	$5.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against KuCoin. 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 KuCoinbpFee Coinbase InternationalbpOrdersPrice spread, now +0.180%Rate

Funding earned: $78.12
Price spread: +0.180% → −0.025%: $20.5
Slippage, 4 orders: −$40.42
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $36.2
Costs to cover: 0.624%
Break-even: 3.8 days

Slippage from KuCoin: live order book, 5 min ago; Coinbase International: live order book, 6 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 KuCoin live order book, 5 min ago	2.25 bp	22.6 bp −$23	75.0 bp −$750	doesn't fit	doesn't fit
Sell Coinbase International live order book, 6 min ago	5.61 bp	14.2 bp −$14	21.2 bp −$212	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
dYdX PUMP-USD	−0.3162%	1h	0.004428	−0.108%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004429	−0.090%	$18K	$240K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004433	−0.004%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0034%	4h	0.004426	−0.158%	$4.9M	$10.5M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004433	0.000%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.744%	$30K	$669K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004434	+0.034%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004430	−0.064%	$708K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004429	−0.090%	$492K	$824K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004432	−0.032%	$80.7M	$169.5M	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	0.004433	0.000%	$24.2M	$96.2M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004430	−0.079%	$31K	$187K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004429	−0.090%	$62K	$99K	10x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004433	long leg	$23.8M	$13.8M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004432	−0.023%	$17.4M	$19.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004427	−0.135%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004432	−0.032%	$790K	$207K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004436	+0.063%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004437	+0.080%	$1.2M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004437	+0.090%	$148K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004438	+0.113%	$105K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004433	0.000%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004432	−0.028%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004432	−0.023%	$1K	$756K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004433	0.000%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004432	−0.023%	$21K	$102K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004432	−0.023%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004430	−0.077%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004431	−0.045%	$66K	$13K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0201%	1h	0.004435	+0.045%	$70K	$122K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004432	−0.023%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0288%	1h	0.004426	−0.152%	$3.9M	$4.2M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004437	+0.090%	$3.7M	$4.4M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004439	+0.142%	$43K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004435	+0.038%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004434	+0.023%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004456	+0.519%	$38K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTXshort	+0.0472%	1h	0.004441	+0.180%	$708K	$5.8M	50x
Hyperliquid PUMP	+0.0525%	1h	0.004440	+0.158%	$166.3M	$51.7M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004431	−0.050%	$526K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0661%	1h	0.004435	+0.042%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1029%	1h	0.004437	+0.094%	$316	$109K	10x	as long as short