Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.073%

Price spread now: BloFin against Popdex+0.733%7-day average +1.378% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$530.529% of the position

Long on Popdex Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.267%+$27 on $10k

Price spread, last 4 days (all we have)+0.869%+$87 · spread now +0.733%, 7d avg +1.378%

Together, before fees+1.136%+$114 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.645% cheaper against Popdex than usual: you would sell low and buy high (spread +0.733% now, against its 7-day average of +1.378%). If the spread goes back, that is −$64 on $10k: about 8.8 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex PUMPUSDT	0.004500	0.0096	pay 0.0012% / 1h	20m 45s	$29K	$646K	20x
Short	BloFin PUMP-USDT	0.004533	0.0340	get 0.0170% / 4h	20m 45s	$3.8M	$4.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Popdex. 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 PopdexbpFee BloFinbpOrdersPrice spread, now +0.733%Rate

Funding earned: $51.24
Price spread: +0.733% → +1.378%: −$64.48
Slippage, 4 orders: −$34.54
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$66.18
Costs to cover: 0.529%
Break-even: 16.0 days

Slippage from Popdex: live order book, 18 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 Popdex live order book, 18 min ago	2.23 bp	12.6 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	3.30 bp	15.8 bp −$16	24.0 bp −$240	60.6 bp −$6,055	142.9 bp −$71.4K

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
dYdX PUMP-USD	0.0000%	1h	0.004528	+0.625%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004528	+0.622%	$18K	$266K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004530	+0.656%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0008%	4h	0.004525	+0.556%	$5.0M	$10.2M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004529	+0.644%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDTlong	+0.0096%	1h	0.004500	long leg	$29K	$646K	20x
Aster PUMPUSDT	+0.0100%	4h	0.004524	+0.541%	$844K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004528	+0.622%	$528K	$857K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004527	+0.608%	$82.8M	$172.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004530	+0.667%	$25.0M	$99.5M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004524	+0.536%	$27K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004529	+0.644%	$46K	$125K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004530	+0.667%	$24.5M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004527	+0.600%	$17.8M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004527	+0.600%	—	$14.3M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004530	+0.658%	$812K	$204K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004534	+0.755%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004527	+0.600%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004540	+0.889%	$153K	$742K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004532	+0.711%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004530	+0.667%	$42K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004528	+0.616%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004529	+0.644%	$2K	$771K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004529	+0.644%	$256	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004522	+0.489%	$22K	$74K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004529	+0.644%	$1.9M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004531	+0.694%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004528	+0.629%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004527	+0.600%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0161%	1h	0.004532	+0.711%	$169.1M	$49.6M	10x	as long as short
Nado PUMP-PERP	+0.0171%	1h	0.004531	+0.700%	$1.7M	$2.1M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0192%	1h	0.004531	+0.689%	$69K	$116K	25x	as long as short
01 Exchange PUMPUSD	+0.0256%	1h	0.004533	+0.733%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0279%	1h	0.004543	+0.956%	$38K	$204K	12x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004528	+0.622%	$65K	—	100x	as long as short
BloFin PUMP-USDTshort	+0.0340%	4h	0.004533	+0.733%	$3.8M	$4.7M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004528	+0.617%	$2	—	3x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004532	+0.716%	$47K	$139K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0444%	1h	0.004531	+0.694%	$1.1M	$3.5M	50x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0536%	1h	0.004535	+0.778%	$732K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0784%	1h	0.004532	+0.711%	$537K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0898%	1h	0.004528	+0.627%	$501	$111K	10x	as long as short