Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Phemex against SoDEX0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX PUMP-USD	0.004491	0.0100	pay 0.0013% / 1h	1m 33s	$282	$7K	10x
Short	Phemex PUMPUSDT	0.004491	0.0100	get 0.0050% / 4h	1h 01m	$2.0M	$3.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against SoDEX. 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 SoDEXbpFee PhemexbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$20
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Phemex: live order book, 2 min ago. Net counts fees only.

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 SoDEX no order-book sample	—	—	—	—	—
Sell Phemex live order book, 2 min ago	2.22 bp	26.1 bp −$26	doesn't fit	doesn't fit	doesn't fit

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0005%	1h	0.004493	+0.047%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004499	+0.178%	$18K	$268K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004494	+0.067%	$69K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004493	+0.051%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0066%	4h	0.004485	−0.134%	$5.0M	$10.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004491	0.000%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.026%	$28K	$647K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004485	−0.134%	$821K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004489	−0.045%	$529K	$859K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004487	−0.089%	$82.2M	$172.1M	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	0.004484	−0.156%	$24.7M	$97.8M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004503	+0.256%	$27K	$150K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004488	−0.067%	$65K	$100K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004492	+0.022%	$24.2M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004486	−0.111%	$17.6M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004486	−0.111%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004488	−0.060%	$803K	$200K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004504	+0.290%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004501	+0.223%	$1.3M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004512	+0.468%	$152K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004501	+0.223%	$103K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004493	+0.045%	$42K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004506	+0.330%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004497	+0.134%	$2K	$770K	20x	as long as short
SoDEX PUMP-USDlong	+0.0100%	1h	0.004491	long leg	$282	$7K	10x
HTX PUMP-USDT	+0.0100%	4h	0.004496	+0.111%	$21K	$83K	20x	as long as short
Phemex PUMPUSDTshort	+0.0100%	4h	0.004491	0.000%	$2.0M	$3.9M	20x
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004489	−0.047%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004486	−0.106%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004491	0.000%	$67K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0209%	1h	0.004487	−0.078%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004495	+0.089%	$64K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0312%	1h	0.004487	−0.089%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004502	+0.245%	$3.8M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004497	+0.128%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004512	+0.474%	$47K	$139K	10x	as long as short
Hyperliquid PUMP	+0.0474%	1h	0.004494	+0.067%	$167.7M	$51.3M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004498	+0.156%	$725K	$5.8M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0549%	1h	0.004493	+0.035%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004530	+0.868%	$38K	$205K	12x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004500	+0.200%	$536K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1006%	1h	0.004515	+0.531%	$499	$112K	10x	as long as short