Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0444%/8h= −48.7% APRpaid last 24h −0.067%

Price spread now: KuCoin against RISEx+0.003%7-day average +0.030% · 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−$70as in the Price arb table

costs, in and out, $10k−$680.675% of the position

Long on RISEx Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.198%−$20 on $10k

Price spread, last 7 days+0.004%$0 · spread now +0.003%, 7d avg +0.030%

Together, before fees−0.193%−$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and KuCoin is 0.027% cheaper against RISEx than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.030%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx PUMP/USDC	0.004408	0.0544	pay 0.0068% / 1h	4m 18s	$524K	$1.0M	10x
Short	KuCoin PUMPUSDTM	0.004408	0.0100	get 0.0050% / 4h	1h 04m	$23.5M	$13.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.003%Rate

Funding earned: −$93.31
Price spread: +0.003% → +0.030%: −$2.74
Slippage, 4 orders: −$49.51
Fee RISEx: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$163.56
Costs to cover: 0.675%
Break-even: never at this rate

Slippage from RISEx: live order book, 4 min ago; KuCoin: live order book, 5 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, 4 min ago	2.26 bp	5.3 bp −$5	13.5 bp −$135	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	1.13 bp	23.5 bp −$23	59.6 bp −$596	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
Perpl PUMP	−0.0112%	43m	0.004405	−0.065%	$18K	$232K	20x	as long as short
dYdX PUMP-USD	−0.0007%	1h	0.004407	−0.017%	$20K	$9K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004408	+0.003%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004410	+0.037%	$52K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004409	+0.025%	$2.8M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.179%	$31K	$801K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004404	−0.094%	$692K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004408	+0.003%	$479K	$786K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004408	+0.003%	$80.0M	$171.7M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004408	+0.003%	$23.9M	$97.6M	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	0.004422	+0.327%	$36K	$190K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004407	−0.020%	$60K	$86K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004403	−0.111%	$4.8M	$11.4M	75x	as long as short
KuCoin PUMPUSDTMshort	+0.0100%	4h	0.004408	+0.003%	$23.5M	$13.9M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004409	+0.025%	$17.5M	$20.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004410	+0.048%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004402	−0.129%	$781K	$191K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004418	+0.221%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004437	+0.650%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004437	+0.661%	$148K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004408	+0.003%	$102K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004408	+0.003%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004408	−0.006%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004411	+0.071%	$1K	$759K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004408	+0.003%	$277	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004402	−0.133%	$21K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004409	+0.025%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004408	−0.005%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004404	−0.088%	$70K	$11K	3x	as long as short
Nado PUMP-PERP	+0.0107%	1h	0.004405	−0.077%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004405	−0.065%	$59K	—	100x	as long as short
Extended PUMP-USD	+0.0224%	1h	0.004407	−0.011%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004408	+0.003%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004441	+0.742%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004397	−0.247%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004405	−0.071%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004413	+0.116%	$691K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0456%	1h	0.004410	+0.048%	$164.9M	$56.0M	10x	as long as short
RISEx PUMP/USDClong	+0.0544%	1h	0.004408	long leg	$524K	$1.0M	10x
Aftermath Perps PUMPUSD	+0.0879%	1h	0.004428	+0.457%	$585	$116K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004439	+0.706%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1356%	1h	0.004413	+0.116%	$1.1M	$3.4M	50x	as long as short