Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Phemex−0.160%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$690.695% of the position

Long on Phemex Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.179%−$18 on $10k

Price spread, last 3 days (all we have)+0.125%+$13 · spread now −0.160%, 7d avg +0.009%

Together, before fees−0.054%+ Points / potential airdropPacifica: Active · farm board−$5 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: Pacifica is 0.169% cheaper against Phemex than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex PUMPUSDT	0.004374	0.0100	pay 0.0050% / 4h	3h 58m	$2.0M	$4.0M	20x
Short	Pacifica PUMP	0.004367	0.0100	get 0.0013% / 1h	58m 07s	$457K	$604K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Phemex. 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 PhemexbpFee PacificabpOrdersPrice spread, now −0.160%Rate

Funding earned: $0
Price spread: −0.160% → +0.009%: −$16.94
Slippage, 4 orders: −$49.49
Fee Phemex: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$86.43
Costs to cover: 0.695%
Break-even: never at this rate

Slippage from Phemex: live order book, 6 min ago; Pacifica: live order book, 16 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 Phemex live order book, 6 min ago	2.28 bp	25.1 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 16 min ago	2.29 bp	10.9 bp −$11	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
Popdex PUMPUSDT	−0.0392%	1h	0.004300	−1.692%	$31K	$772K	20x	as long as short
Backpack PUMP_USDC_PERP	−0.0213%	1h	0.004376	+0.039%	$780K	$181K	5x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004370	−0.083%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004372	−0.046%	$18K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004376	+0.046%	$69K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004376	+0.051%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0020%	4h	0.004376	+0.046%	$4.7M	$10.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0028%	4h	0.004373	−0.023%	$22.9M	$97.0M	50x	as long as short
Orderly PERP_PUMP_USDC	+0.0032%	4h	0.004375	+0.023%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004377	+0.069%	$2.9M	$5.3M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange PUMPUSD	+0.0096%	1h	0.004371	−0.069%	$6K	$830	10x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004365	−0.197%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004367	−0.149%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004375	+0.029%	$725K	$2.3M	50x	as long as short
Pacifica PUMPshort	+0.0100%	1h	0.004367	−0.160%	$457K	$604K	10x
Binance PUMPUSDT	+0.0100%	4h	0.004375	+0.023%	$78.2M	$164.5M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004365	−0.215%	$26K	$165K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004370	−0.091%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004377	+0.069%	$23.3M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004376	+0.046%	$17.5M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004374	0.000%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004376	+0.047%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004376	+0.046%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004380	+0.137%	$138K	$761K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004374	0.000%	$96K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004376	+0.040%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004369	−0.114%	$2K	$722K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004375	+0.023%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004362	−0.274%	$21K	$137K	20x	as long as short
Phemex PUMPUSDTlong	+0.0100%	4h	0.004374	long leg	$2.0M	$4.0M	20x
Extended PUMP-USD	+0.0104%	1h	0.004374	−0.007%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004378	+0.091%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004380	+0.144%	$39K	$98K	10x	as long as short
Hyperliquid PUMP	+0.0186%	1h	0.004380	+0.137%	$161.0M	$53.3M	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004370	−0.091%	$488K	$1.0M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004371	−0.069%	$3.5M	$4.1M	75x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0341% / S −0.0283%	1h	0.004375	+0.023%	$74K	—	100x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004372	−0.048%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004377	+0.069%	$692K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004380	+0.137%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0502%	1h	0.004376	+0.055%	$382	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0939%	1h	0.004380	+0.142%	$1.3M	$3.5M	50x	as long as short