Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.017%

Price spread now: Deribit against SunX+0.089%7-day average +0.001% · you sell dearer than you buy

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

Long on SunX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.273%−$27 on $10k

Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.089%, 7d avg +0.001%

Together, before fees−0.348%−$35 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.088% dearer against SunX than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of +0.001%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX PUMP-USDT	0.004519	0.0100	pay 0.0050% / 4h	1h 34m	$1K	$767K	20x
Short	Deribit PUMP_USDC-PERPETUAL	0.004523	0	get 0.0000% / 1h	34m 40s	$69K	$116K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SunX. 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 SunXbpFee DeribitbpOrdersPrice spread, now +0.089%Rate

Funding earned: −$21
Price spread: +0.089% → +0.001%: $8.77
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$27.23
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 27 min ago; Deribit: live order book, 4 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 SunX live order book, 27 min ago	501.15 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Deribit live order book, 4 min ago	5.52 bp	9.0 bp −$9	21.8 bp −$218	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	−0.0002%	1h	0.004521	+0.048%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004521	+0.044%	$18K	$260K	20x	as long as short
Deribit PUMP_USDC-PERPETUALshort	0.0000%	1h	0.004523	+0.089%	$69K	$116K	25x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004514	−0.110%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004523	+0.089%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.420%	$33K	$635K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004517	−0.044%	$826K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004522	+0.066%	$536K	$850K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004519	+0.002%	$82.8M	$171.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004516	−0.066%	$24.7M	$98.9M	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	0.004510	−0.190%	$27K	$161K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004520	+0.022%	$65K	$100K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004520	+0.022%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004524	+0.111%	$24.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004519	0.000%	$17.8M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004519	0.000%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004522	+0.069%	$809K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004530	+0.237%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004521	+0.044%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004531	+0.266%	$153K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004525	+0.133%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004521	+0.044%	$43K	$6K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004514	−0.121%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDTlong	+0.0100%	4h	0.004519	long leg	$1K	$767K	20x
SoDEX PUMP-USD	+0.0100%	1h	0.004522	+0.066%	$284	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004511	−0.177%	$21K	$85K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004521	+0.044%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004517	−0.035%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004520	+0.022%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0105%	8h	0.004520	+0.016%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0190%	1h	0.004524	+0.122%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004522	+0.066%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0336%	1h	0.004521	+0.044%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004526	+0.155%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004523	+0.084%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004526	+0.144%	$48K	$139K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004531	+0.266%	$727K	$5.8M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0546%	1h	0.004524	+0.106%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004525	+0.133%	$38K	$205K	12x	as long as short
Hyperliquid PUMP	+0.0579%	1h	0.004526	+0.155%	$169.3M	$51.3M	10x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004522	+0.055%	$550K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1090%	1h	0.004528	+0.193%	$501	$112K	10x	as long as short