Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:16 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.064%

Price spread now: 01 Exchange against Perpl+0.066%7-day average — · you sell dearer than you buy

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

Long on Perpl Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPerpl: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and 01 Exchange is 0.066% dearer against Perpl than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Perpl PUMP	0.004519	0	get 0.0000% / 43m	10m 14s	$18K	$270K	20x
Short	01 Exchange PUMPUSD	0.004522	0.0080	get 0.0010% / 1h	29m 14s	$6K	$333	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.066%Rate

Funding earned: $16.8
Price spread: +0.066% → 0.000%: $6.64
Slippage, 4 orders: no order book: not counted
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $2.64
Costs to cover: 0.208%
Break-even: 5.9 days

Slippage unknown: Perpl: no order-book sample; 01 Exchange: 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 Perpl no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

Perpl and 01 Exchange: 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 41 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
dYdX PUMP-USD	−0.0287%	1h	0.004517	−0.046%	$21K	$12K	5x	as long as short
Gate PUMP_USDT	−0.0114%	4h	0.004516	−0.066%	$4.8M	$9.8M	75x	as long as short
Perpl PUMPlong	0.0000%	43m	0.004519	long leg	$18K	$270K	20x
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004505	−0.319%	$54K	—	150x	as long as short
01 Exchange PUMPUSDshort	+0.0080%	1h	0.004522	+0.066%	$6K	$333	10x
Lighter PUMP	+0.0096%	1h	0.004522	+0.066%	$3.0M	$2.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.420%	$32K	$593K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004524	+0.111%	$168.4M	$47.2M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004518	−0.014%	$846K	$1.8M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004520	+0.022%	$510K	$842K	10x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004521	+0.044%	$82.1M	$173.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004519	0.000%	$24.6M	$102.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004503	−0.356%	$22K	$155K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004521	+0.044%	$53K	$155K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004523	+0.089%	$24.9M	$13.5M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004520	+0.022%	$18.0M	$18.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004520	+0.022%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004519	+0.004%	$824K	$222K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004506	−0.282%	$66K	$3.3M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004508	−0.243%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004507	−0.266%	$95K	$777K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004521	+0.044%	$84K	$1.8M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004518	−0.022%	$44K	$4K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004518	−0.022%	$2K	$773K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004521	+0.044%	$548	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004510	−0.199%	$23K	$127K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004519	0.000%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004520	+0.017%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004520	+0.023%	$3.8M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004519	0.000%	$67K	$10K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0193%	1h	0.004520	+0.022%	$69K	$101K	25x	as long as short
Nado PUMP-PERP	+0.0196%	1h	0.004519	+0.011%	$1.6M	$2.1M	10x	as long as short
Injective PUMP/USDC PERP	+0.0251%	1h	0.004514	−0.111%	$36K	$205K	12x	as long as short
Phoenix PUMP	+0.0298%	1h	0.004511	−0.177%	$44K	$144K	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0278%	1h	0.004517	−0.044%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004520	+0.022%	$3.8M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004513	−0.124%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004524	+0.111%	$702K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0558%	1h	0.004512	−0.152%	$557K	$866K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0626%	1h	0.004524	+0.119%	$1.1M	$3.1M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0679%	1h	0.004514	−0.117%	$687	$119K	10x	as long as short