Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0372%/8h= +40.7% APRnext payment +$0.46 per $10,000 · paid last 24h +0.033%
Price spread now: Coinbase International against Pacifica+0.067%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$520.524% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.168%+$17 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.067%, 7d avg +0.016%
Together, before fees+0.101%+ Points / potential airdropPacifica: Active · farm board+$10 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 0.051% dearer against Pacifica than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.016%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PUMP0.0044690.0100pay 0.0013% / 1h9m 48s$496K$823K10x
ShortCoinbase International PUMP-PERP-INTX0.0044720.0472get 0.0059% / 1h9m 48s$721K$5.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$78.12
Price spread: +0.067% → +0.016%
$5.13
Slippage, 4 orders
−$34.38
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$30.88
Costs to cover
0.524%
Break-even
4.2 days
Slippage from Pacifica: live order book, 44 min ago; Coinbase International: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 44 min ago3.38 bp11.3 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 4 min ago5.57 bp14.7 bp −$1520.0 bp −$200doesn't fitdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.2294%1h0.004471+0.049%$20K$11K5xas long as short
Perpl PUMP0.0000%43m0.004465−0.090%$18K$242K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004464−0.112%$71K$116K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004463−0.137%$56K150xas long as short
Gate PUMP_USDT+0.0012%4h0.004465−0.090%$4.9M$10.6M75xas long as short
Lighter PUMP+0.0096%1h0.004474+0.112%$2.9M$4.8M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−1.544%$30K$631K20xas long as short
Nado PUMP-PERP+0.0100%1h0.004467−0.034%$1.6M$2.0M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004469−0.009%$714K$2.2M50xas long as short
Pacifica PUMPlong+0.0100%1h0.004469long leg$496K$823K10x
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PUMPUSDT+0.0100%4h0.004470+0.022%$81.4M$166.3M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004468−0.022%$24.4M$95.4M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004480+0.255%$32K$183K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004470+0.022%$65K$101K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004471+0.045%$24.0M$13.7M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004468−0.022%$17.6M$19.3M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004468−0.022%$12.7Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004463−0.136%$796K$204K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004482+0.283%$66K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004485+0.356%$1.3M$10.2M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004483+0.313%$150K$746K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004470+0.022%$107K$2.1M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004464−0.112%$42K$11K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004463−0.133%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004468−0.022%$2K$745K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004465−0.090%$280$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004465−0.090%$21K$97K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004465−0.090%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0102%8h0.004471+0.037%$42K$2765xas long as short
Aevo PUMP-PERP+0.0104%1h0.004463−0.134%$66K$10K3xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0271% / S −0.0198%1h0.004463−0.134%$54K100xas long as short
Extended PUMP-USD+0.0272%1h0.004470+0.028%$3.9M$3.9M50xas long as short
BloFin PUMP-USDT+0.0340%4h0.004473+0.090%$3.7M$4.5M75xas long as short
Phoenix PUMP+0.0342%1h0.004488+0.427%$46K$119K10xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004465−0.097%$23xas long as short
01 Exchange PUMPUSD+0.0344%1h0.004472+0.067%$6K$60010xas long as short
Injective PUMP/USDC PERP+0.0419%1h0.004496+0.604%$39K$204K12xas long as short
Coinbase International PUMP-PERP-INTXshort+0.0472%1h0.004472+0.067%$721K$5.8M50x
Hyperliquid PUMP+0.0517%1h0.004476+0.157%$167.7M$49.9M10xas long as short
RISEx PUMP/USDC+0.0638%1h0.004472+0.064%$531K$1.0M10xas long as short
Kraken Futures PF_PUMPUSD+0.0656%1h0.004467−0.042%$1.0M$3.3M50xas long as short
Aftermath Perps PUMPUSD+0.1036%1h0.004473+0.085%$518$107K10xas long as short