Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: KuCoin against Popdex+1.488%7-day average +1.353% · 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−$48as in the Price arb table

costs, in and out, $10k−$620.619% of the position

Long on Popdex Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.783%−$78 · spread now +1.488%, 7d avg +1.353%

Together, before fees−0.779%−$78 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: KuCoin is 0.135% dearer against Popdex than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +1.353%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex PUMPUSDT	0.004300	0.0096	pay 0.0012% / 1h	5m 10s	$29K	$764K	20x
Short	KuCoin PUMPUSDTM	0.004364	0.0100	get 0.0050% / 4h	1h 05m	$23.1M	$13.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +1.488%Rate

Funding earned: $0.84
Price spread: +1.488% → +1.353%: $13.53
Slippage, 4 orders: −$43.45
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$47.48
Costs to cover: 0.619%
Break-even: 402.7 days

Slippage from Popdex: live order book, 14 min ago; KuCoin: live order book, 4 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, 14 min ago	1.15 bp	12.2 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	1.15 bp	15.8 bp −$16	57.1 bp −$571	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
dYdX PUMP-USD	−0.3595%	1h	0.004361	+1.428%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0044%	4h	0.004361	+1.419%	$22.8M	$95.9M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0003%	4h	0.004361	+1.419%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004361	+1.419%	$20K	$201K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004363	+1.465%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004360	+1.407%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004361	+1.419%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDTlong	+0.0096%	1h	0.004300	long leg	$29K	$764K	20x
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004361	+1.420%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004361	+1.430%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid PUMP	+0.0100%	1h	0.004367	+1.558%	$160.4M	$52.4M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004361	+1.416%	$789K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004361	+1.419%	$452K	$603K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004362	+1.442%	$77.7M	$163.4M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004357	+1.335%	$26K	$174K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004362	+1.442%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004360	+1.395%	$4.7M	$11.8M	75x	as long as short
KuCoin PUMPUSDTMshort	+0.0100%	4h	0.004364	+1.488%	$23.1M	$13.8M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004362	+1.442%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004360	+1.395%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004361	+1.409%	$777K	$181K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004353	+1.239%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004354	+1.249%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004357	+1.326%	$137K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004366	+1.535%	$89K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004361	+1.429%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004364	+1.488%	$2K	$714K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004361	+1.419%	$719	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004358	+1.349%	$22K	$138K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004360	+1.395%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004361	+1.411%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004360	+1.395%	$72K	$18K	3x	as long as short
01 Exchange PUMPUSD	+0.0112%	1h	0.004365	+1.512%	$6K	$497	10x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004363	+1.465%	$487K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004349	+1.140%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004368	+1.581%	$678K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0314% / S −0.0231%	1h	0.004360	+1.395%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004357	+1.326%	$3.4M	$3.8M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004363	+1.463%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0425%	1h	0.004352	+1.219%	$181	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004364	+1.488%	$39K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0801%	1h	0.004366	+1.528%	$1.3M	$3.5M	50x	as long as short