Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0458%/8h= −50.1% APRpaid last 24h −0.092%

Price spread now: OKX against RISEx−0.210%7-day average −0.049% · 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−$44as in the Price arb table

costs, in and out, $10k−$280.277% of the position

Long on RISEx Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.272%−$27 on $10k

Price spread, last 7 days+0.215%+$21 · spread now −0.210%, 7d avg −0.049%

Together, before fees−0.057%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and OKX is 0.161% cheaper against RISEx than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.049%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx PUMP/USDC	0.004523	0.0558	pay 0.0070% / 1h	49m 24s	$572K	$923K	10x
Short	OKX PUMP-USDT-SWAP	0.004514	0.0100	get 0.0050% / 4h	1h 49m	$24.6M	$101.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.210%Rate

Funding earned: −$96.13
Price spread: −0.210% → −0.049%: −$16.09
Slippage, 4 orders: −$11.73
Fee RISEx: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$139.94
Costs to cover: 0.277%
Break-even: never at this rate

Slippage from RISEx: live order book, 27 min ago; OKX: 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 RISEx live order book, 27 min ago	2.20 bp	5.2 bp −$5	12.7 bp −$127	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.11 bp	10.5 bp −$10	19.3 bp −$193	90.2 bp −$9,022	doesn't fit

PUMP on 41 exchanges

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
Gate PUMP_USDT	−0.0080%	4h	0.004516	−0.166%	$4.8M	$9.6M	75x	as long as short
dYdX PUMP-USD	−0.0078%	1h	0.004519	−0.102%	$21K	$12K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004518	−0.122%	$18K	$268K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004521	−0.055%	$69K	$102K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004528	+0.110%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004521	−0.055%	$3.0M	$2.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.520%	$33K	$588K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004516	−0.162%	$845K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004518	−0.122%	$515K	$832K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004519	−0.101%	$82.4M	$171.2M	75x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAPshort	+0.0100%	4h	0.004514	−0.210%	$24.6M	$101.1M	50x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004524	+0.007%	$17K	$150K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004524	+0.011%	$53K	$155K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004523	−0.011%	$25.0M	$13.5M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004520	−0.077%	$17.8M	$18.5M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004517	−0.144%	—	$14.5M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004520	−0.086%	$816K	$216K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004524	+0.018%	$68K	$3.3M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004529	+0.122%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004523	−0.011%	$161K	$742K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004523	−0.011%	$107K	$1.7M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004516	−0.166%	$42K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004522	−0.033%	$1K	$766K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004519	−0.099%	$548	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004518	−0.122%	$23K	$127K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004521	−0.055%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004520	−0.086%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004521	−0.055%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004520	−0.077%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0104%	1h	0.004522	−0.033%	$168.3M	$47.4M	10x	as long as short
Injective PUMP/USDC PERP	+0.0251%	1h	0.004542	+0.409%	$36K	$205K	12x	as long as short
Nado PUMP-PERP	+0.0251%	1h	0.004521	−0.044%	$1.6M	$2.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0280%	1h	0.004524	+0.011%	$6K	$333	10x	as long as short
Phoenix PUMP	+0.0298%	1h	0.004531	+0.157%	$44K	$144K	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0278%	1h	0.004529	+0.122%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004526	+0.055%	$3.8M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004522	−0.024%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004528	+0.099%	$702K	$5.9M	50x	as long as short
RISEx PUMP/USDClong	+0.0558%	1h	0.004523	long leg	$572K	$923K	10x
Kraken Futures PF_PUMPUSD	+0.0626%	1h	0.004522	−0.040%	$1.1M	$2.9M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0989%	1h	0.004533	+0.214%	$82	$98K	10x	as long as short