Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Popdex against KuCoin−0.794%7-day average −1.377% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$690.694% of the position

Long on KuCoin Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.118%−$12 · spread now −0.794%, 7d avg −1.377%

Together, before fees−0.122%−$12 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: Popdex is 0.584% dearer against KuCoin than usual: you sell high and buy low, +$58 on $10k if it goes back to its 7-day average of −1.377%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PUMPUSDTM	0.004536	0.0100	pay 0.0050% / 4h	1h 47m	$24.6M	$14.0M	50x
Short	Popdex PUMPUSDT	0.004500	0.0096	get 0.0012% / 1h	47m 46s	$30K	$630K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −0.794%Rate

Funding earned: −$0.84
Price spread: −0.794% → −1.377%: $58.37
Slippage, 4 orders: −$50.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$11.82
Costs to cover: 0.694%
Break-even: never at this rate

Slippage from KuCoin: live order book, 11 min ago; Popdex: live order book, 61 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, 11 min ago	1.10 bp	23.7 bp −$24	60.1 bp −$601	doesn't fit	doesn't fit
Sell Popdex live order book, 61 min ago	1.11 bp	12.6 bp −$13	doesn't fit	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	0.0000%	1h	0.004526	−0.216%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004539	+0.066%	$18K	$258K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004540	+0.088%	$71K	$115K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004539	+0.064%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004529	−0.154%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDTshort	+0.0096%	1h	0.004500	−0.794%	$30K	$630K	20x
Aster PUMPUSDT	+0.0100%	4h	0.004529	−0.165%	$846K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004539	+0.066%	$539K	$847K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004529	−0.163%	$83.2M	$171.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004529	−0.154%	$24.8M	$99.0M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004517	−0.414%	$27K	$161K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004542	+0.132%	$66K	$100K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004532	−0.088%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004536	long leg	$24.6M	$14.0M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004528	−0.176%	$18.1M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004532	−0.088%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004537	+0.015%	$811K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004503	−0.720%	$68K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004523	−0.284%	$1.3M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004504	−0.705%	$152K	$743K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004542	+0.132%	$108K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004539	+0.066%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004538	+0.045%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004537	+0.022%	$2K	$762K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004539	+0.066%	$285	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004524	−0.265%	$22K	$85K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004537	+0.022%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004531	−0.105%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004536	0.000%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0106%	8h	0.004535	−0.029%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0219%	1h	0.004541	+0.104%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004538	+0.044%	$55K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0328%	1h	0.004543	+0.154%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004520	−0.353%	$3.8M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004540	+0.083%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004524	−0.267%	$48K	$139K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004545	+0.198%	$735K	$5.8M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0544%	1h	0.004541	+0.120%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004529	−0.154%	$38K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0591%	1h	0.004537	+0.022%	$169.5M	$51.1M	10x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004543	+0.154%	$553K	$1.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1122%	1h	0.004525	−0.235%	$500	$112K	10x	as long as short