Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0222%/8h= −24.3% APRpaid last 24h −0.067%

Price spread now: BingX against RISEx−0.034%7-day average −0.046% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on RISEx Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.194%−$19 on $10k

Price spread, last 7 days−0.014%−$1 · spread now −0.034%, 7d avg −0.046%

Together, before fees−0.208%−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx PUMP/USDC	0.004403	0.0322	pay 0.0040% / 1h	46m 27s	$481K	$995K	10x
Short	BingX PUMP-USDT	0.004401	0.0100	get 0.0050% / 4h	2h 46m	—	$12.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against RISEx. 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 RISExbpFee BingXbpOrdersPrice spread, now −0.034%Rate

Funding earned: −$46.66
Price spread: −0.034% → −0.046%: $1.23
Slippage, 4 orders: −$11.39
Fee RISEx: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$72.82
Costs to cover: 0.274%
Break-even: never at this rate

Slippage from RISEx: live order book, 27 min ago; BingX: live order book, 7 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 RISEx live order book, 27 min ago	2.23 bp	5.2 bp −$5	14.4 bp −$144	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	2.27 bp	7.3 bp −$7	11.6 bp −$116	45.9 bp −$4,593	141.6 bp −$70.8K

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	−0.0072%	1h	0.004403	+0.018%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004401	−0.034%	$20K	$198K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004406	+0.081%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0060%	4h	0.004407	+0.102%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004403	+0.011%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.057%	$27K	$769K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004398	−0.091%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004405	+0.054%	$699K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004402	−0.011%	$495K	$650K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004400	−0.057%	$79.0M	$164.3M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004399	−0.080%	$23.5M	$96.2M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004405	+0.052%	$26K	$161K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004400	−0.057%	$39K	$60K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004402	−0.011%	$4.8M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004403	+0.011%	$23.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004398	−0.102%	$17.5M	$19.1M	75x	as long as short
BingX PUMP-USDTshort	+0.0100%	4h	0.004401	−0.034%	—	$12.8M	—
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004406	+0.091%	$785K	$181K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004409	+0.140%	$64K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004410	+0.177%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004408	+0.125%	$139K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004403	+0.011%	$103K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004406	+0.075%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004408	+0.125%	$2K	$731K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004406	+0.080%	$276	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004404	+0.034%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004407	+0.102%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004404	+0.043%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004397	−0.117%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004400	−0.057%	$70K	$9K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0204%	1h	0.004409	+0.148%	$70K	$124K	25x	as long as short
01 Exchange PUMPUSD	+0.0232%	1h	0.004403	+0.011%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004408	+0.118%	$40K	$103K	10x	as long as short
RISEx PUMP/USDClong	+0.0322%	1h	0.004403	long leg	$481K	$995K	10x
BloFin PUMP-USDT	+0.0340%	4h	0.004407	+0.102%	$3.6M	$4.2M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004398	−0.106%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0359% / S −0.0300%	1h	0.004406	+0.080%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004411	+0.193%	$702K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0454%	1h	0.004406	+0.080%	$162.3M	$54.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004417	+0.329%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0690%	1h	0.004410	+0.166%	$400	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1262%	1h	0.004411	+0.183%	$1.3M	$3.1M	50x	as long as short