Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:59 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.039%

Price spread now: SunX against Perpl+0.044%7-day average +0.025% · you sell dearer than you buy

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

Long on Perpl Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.220%+$22 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.044%, 7d avg +0.025%

Together, before fees+0.176%+ Points / potential airdropPerpl: Active · farm board+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.025%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Perpl PUMP	0.004529	−0.0112	get 0.0010% / 43m	14m 33s	$18K	$279K	20x
Short	SunX PUMP-USDT	0.004531	0.0100	get 0.0050% / 4h	50m 33s	$2K	$775K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Perpl. 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 PerplbpFee SunXbpOrdersPrice spread, now +0.044%Rate

Funding earned: $44.44
Price spread: +0.044% → +0.025%: $1.93
Slippage, 4 orders: no order book: not counted
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Fee SunX: 4 bp × 2 orders: −$8
Net: $24.58
Costs to cover: 0.218%
Break-even: 3.1 days

Slippage unknown: Perpl: no order-book sample; SunX: live order book, 45 min ago. 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 Perpl no order-book sample	—	—	—	—	—
Sell SunX live order book, 45 min ago	500.50 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Perpl: 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 exchanges

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
Perpl PUMPlong	−0.0112%	43m	0.004529	long leg	$18K	$279K	20x
Gate PUMP_USDT	−0.0110%	4h	0.004530	+0.022%	$4.8M	$9.8M	75x	as long as short
dYdX PUMP-USD	−0.0103%	1h	0.004529	−0.005%	$21K	$12K	5x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004531	+0.034%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004530	+0.022%	$3.0M	$2.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.640%	$33K	$592K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004533	+0.088%	$168.6M	$46.5M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004537	+0.171%	$849K	$1.8M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004529	0.000%	$511K	$846K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004539	+0.211%	$82.6M	$175.2M	75x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004540	+0.243%	$24.8M	$104.2M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004539	+0.214%	$27K	$138K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004539	+0.221%	$50K	$158K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004530	+0.022%	$24.9M	$13.3M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004534	+0.110%	$18.0M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004534	+0.110%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004534	+0.106%	$827K	$222K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004555	+0.581%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004559	+0.665%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004557	+0.618%	$121K	$791K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004533	+0.088%	$85K	$1.9M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004533	+0.088%	$45K	$5K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004533	+0.093%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDTshort	+0.0100%	4h	0.004531	+0.044%	$2K	$775K	20x
SoDEX PUMP-USD	+0.0100%	1h	0.004533	+0.088%	$641	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004520	−0.199%	$21K	$129K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004534	+0.110%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004533	+0.081%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004534	+0.109%	$3.8M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004534	+0.110%	$67K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0172%	1h	0.004532	+0.077%	$1.6M	$2.1M	10x	as long as short
Injective PUMP/USDC PERP	+0.0174%	1h	0.004569	+0.883%	$36K	$205K	12x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004541	+0.265%	$6K	$333	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0305% / S −0.0278%	1h	0.004530	+0.022%	$65K	—	100x	as long as short
Phoenix PUMP	+0.0314%	1h	0.004563	+0.744%	$44K	$145K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004532	+0.066%	$3.9M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004530	+0.029%	$2	—	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0412%	1h	0.004536	+0.155%	$69K	$100K	25x	as long as short
RISEx PUMP/USDC	+0.0516%	1h	0.004539	+0.221%	$570K	$825K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004537	+0.177%	$689K	$6.1M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0720%	1h	0.004537	+0.184%	$1.1M	$3.1M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0838%	1h	0.004556	+0.592%	$689	$117K	10x	as long as short