Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%

Price spread now: BloFin against Pacifica−0.252%94s7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs+$16as 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−$430.435% of the position

Long on Pacifica Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.596%+$60 on $10k

Price spread, last 4 days (all we have)+0.162%+$16 · spread now −0.252%, 7d avg +0.002%

Together, before fees+0.758%+ Points / potential airdropPacifica: Active · farm board+$76 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.255% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.252% now, against its 7-day average of +0.002%). If the spread goes back, that is −$25 on $10k: about 3.5 days of funding at the current rate (+$7 a day). The two prices were read 94 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	Pacifica PUMP	0.004361	0.0100	pay 0.0013% / 1h	45m 31s	$486K	$820K	10x
Short	BloFin PUMP-USDT	0.004350	0.0340	get 0.0170% / 4h	45m 31s	$3.6M	$4.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Pacifica. 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 PacificabpFee BloFinbpOrdersPrice spread, now −0.252%Rate

Funding earned: $50.4
Price spread: −0.252% → +0.002%: −$25.46
Slippage, 4 orders: −$23.47
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$18.52
Costs to cover: 0.435%
Break-even: 9.6 days

Slippage from Pacifica: live order book, 13 min ago; BloFin: live order book, 3 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 Pacifica live order book, 13 min ago	1.14 bp	13.3 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	4.60 bp	10.6 bp −$11	18.9 bp −$189	49.3 bp −$4,925	122.8 bp −$61.4K

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
Backpack PUMP_USDC_PERP	−0.0247%	1h	0.004357	−0.089%	$772K	$201K	5x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004360	−0.019%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004359	−0.046%	$17K	$236K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004360	−0.013%	$52K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004361	0.000%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.399%	$26K	$821K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004357	−0.080%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004360	−0.024%	$681K	$2.4M	50x	as long as short
Pacifica PUMPlong	+0.0100%	1h	0.004361	long leg	$486K	$820K	10x
Binance PUMPUSDT	+0.0100%	4h	0.004361	0.000%	$79.3M	$173.9M	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	0.004360	−0.023%	$23.7M	$96.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004359	−0.037%	$36K	$185K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004362	+0.023%	$61K	$102K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004358	−0.069%	$4.8M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004363	+0.046%	$23.3M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004361	0.000%	$17.4M	$20.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004361	0.000%	—	$13.0M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004352	−0.202%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004344	−0.390%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004353	−0.183%	$144K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004364	+0.069%	$98K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004360	−0.023%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004356	−0.113%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004356	−0.115%	$2K	$769K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004357	−0.092%	$273	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004351	−0.229%	$21K	$113K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004356	−0.115%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004360	−0.031%	$41K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004354	−0.161%	$69K	$11K	3x	as long as short
Extended PUMP-USD	+0.0168%	1h	0.004358	−0.061%	$3.8M	$4.3M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004359	−0.046%	$59K	—	100x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0209%	1h	0.004358	−0.069%	$69K	$124K	25x	as long as short
01 Exchange PUMPUSD	+0.0224%	1h	0.004363	+0.046%	$6K	$727	10x	as long as short
Hyperliquid PUMP	+0.0284%	1h	0.004367	+0.138%	$163.1M	$56.3M	10x	as long as short
BloFin PUMP-USDTshort	+0.0340%	4h	0.004350	−0.252%	$3.6M	$4.4M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004360	−0.029%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004363	+0.050%	$41K	$120K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004358	−0.069%	$690K	$5.8M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004362	+0.026%	$518K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004353	−0.183%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0813%	1h	0.004359	−0.039%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0871%	1h	0.004364	+0.076%	$576	$115K	10x	as long as short