Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Ondo Perps against KuCoin−0.327%7-day average −0.080% · you buy dearer than you sell

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

Long on KuCoin Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.215%+$22 · spread now −0.327%, 7d avg −0.080%

Together, before fees+0.198%+ Points / potential airdropOndo Perps: Active · farm board+$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.247% cheaper against KuCoin than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.080%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PUMPUSDTM	0.004532	0.0100	pay 0.0050% / 4h	1h 47m	$24.6M	$14.0M	50x
Short	Ondo Perps PUMP-USD.P	0.004517	0.0100	get 0.0013% / 1h	47m 04s	$27K	$161K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Ondo PerpsbpOrdersPrice spread, now −0.327%Rate

Funding earned: $0
Price spread: −0.327% → −0.080%: −$24.69
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$41.69
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 2 min ago; Ondo Perps: no order-book sample. 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 KuCoin live order book, 2 min ago	2.20 bp	26.0 bp −$26	79.6 bp −$796	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	0.0000%	1h	0.004526	−0.128%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004532	0.000%	$18K	$258K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004527	−0.103%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004531	−0.022%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.706%	$29K	$630K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004529	−0.063%	$846K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004529	−0.066%	$537K	$847K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004531	−0.029%	$83.2M	$171.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004528	−0.088%	$24.8M	$99.1M	50x	as long as short
Ondo Perps PUMP-USD.Pshort	+0.0100%	1h	0.004517	−0.327%	$27K	$161K	5x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004532	0.000%	$65K	$100K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004526	−0.132%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004532	long leg	$24.6M	$14.0M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004529	−0.066%	$18.0M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004527	−0.110%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004529	−0.075%	$809K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004520	−0.262%	$68K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004523	−0.196%	$1.3M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004517	−0.331%	$153K	$743K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004535	+0.066%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004526	−0.132%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004526	−0.137%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004524	−0.177%	$2K	$762K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004529	−0.066%	$284	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004525	−0.154%	$22K	$85K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004529	−0.066%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004526	−0.127%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004524	−0.177%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0106%	8h	0.004527	−0.103%	$43K	$276	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0192%	1h	0.004527	−0.110%	$70K	$115K	25x	as long as short
Nado PUMP-PERP	+0.0219%	1h	0.004541	+0.192%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004528	−0.088%	$55K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0328%	1h	0.004538	+0.132%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004528	−0.088%	$3.8M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004530	−0.049%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004524	−0.179%	$48K	$139K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004534	+0.044%	$729K	$5.7M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0545%	1h	0.004530	−0.045%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004532	0.000%	$38K	$205K	12x	as long as short
Hyperliquid PUMP	+0.0601%	1h	0.004535	+0.066%	$169.5M	$51.1M	10x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004538	+0.132%	$552K	$1.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1120%	1h	0.004528	−0.095%	$500	$112K	10x	as long as short