Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Derive against SunX−0.006%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Derive

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	SunX PUMP-USDT	0.004484	0.0100	pay 0.0050% / 4h	3h 11m	$2K	$725K	20x
Short	Derive PUMP-PERP	0.004484	0.0100	get 0.0013% / 1h	11m 44s	$5K	$13K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.006%Rate

Funding earned: $0
Price spread: −0.006% → 0.000%: −$0.64
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Derive: 3 bp × 2 orders: −$6
Net: −$14.64
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 40 min ago; Derive: no order-book sample. 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, 40 min ago	500.97 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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	−0.1017%	1h	0.004477	−0.156%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004487	+0.067%	$18K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004485	+0.022%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004483	−0.022%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0054%	4h	0.004484	0.000%	$42K	$10K	10x	as long as short
OKX PUMP-USDT-SWAP	+0.0095%	4h	0.004475	−0.201%	$23.6M	$98.1M	50x	as long as short
Lighter PUMP	+0.0096%	1h	0.004480	−0.089%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.873%	$28K	$774K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004483	−0.016%	$738K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004479	−0.112%	$477K	$627K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004477	−0.149%	$80.7M	$163.5M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004479	−0.120%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004488	+0.089%	$40K	$54K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004480	−0.089%	$4.8M	$10.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004485	+0.022%	$23.7M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004478	−0.134%	$17.9M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004481	−0.067%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004481	−0.067%	$798K	$172K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004485	+0.021%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004481	−0.067%	$1.2M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004489	+0.112%	$141K	$759K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004487	+0.078%	$1.7M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004492	+0.178%	$105K	$1.9M	10x	as long as short
Derive PUMP-PERPshort	+0.0100%	1h	0.004484	−0.006%	$5K	$13K	6.7x
SunX PUMP-USDTlong	+0.0100%	4h	0.004484	long leg	$2K	$725K	20x
SoDEX PUMP-USD	+0.0100%	1h	0.004483	−0.022%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004482	−0.045%	$21K	$127K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004483	−0.022%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004479	−0.101%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004481	−0.078%	$3.7M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004483	−0.022%	$71K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004487	+0.067%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004491	+0.158%	$38K	$99K	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004489	+0.112%	$500K	$990K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004479	−0.112%	$3.5M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004485	+0.018%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004491	+0.156%	$710K	$5.7M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0354% / S −0.0292%	1h	0.004484	0.000%	$74K	—	100x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004491	+0.156%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0566%	1h	0.004487	+0.067%	$165.8M	$54.4M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0704%	1h	0.004470	−0.312%	$390	$108K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0917%	1h	0.004487	+0.074%	$1.3M	$3.1M	50x	as long as short