Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h −0.021%
Price spread now: Deribit against ApeX Omni+0.935%74s7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$640.643% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.266%−$27 on $10k
Price spread, last 4 days (all we have)−1.104%−$110 · spread now +0.935%, 7d avg −0.038%
Together, before fees−1.370%−$137 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.973% dearer against ApeX Omni than usual: you sell high and buy low: +$97 more if the spread goes back to its 7-day average of −0.038%. Mind the row above: over the last 7 days funding on this pair cost −0.266%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni PUMPUSDT0.0043870.0100pay 0.0013% / 1h29m 47s$145K$756K50x
ShortDeribit PUMP_USDC-PERPETUAL0.0044280.0202get 0.0025% / 1h29m 47s$70K$122K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against ApeX Omni. 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

Funding earned
$21.42
Price spread: +0.935% → −0.038%
$97.28
Slippage, 4 orders
−$47.3
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$54.4
Costs to cover
0.643%
Break-even
from the start
Slippage from ApeX Omni: live order book, 29 min ago; Deribit: live order book, 24 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 29 min ago9.10 bp17.5 bp −$17113.1 bp −$1,131doesn't fitdoesn't fit
Sell Deribit live order book, 24 min ago8.00 bp16.0 bp −$16doesn't fitdoesn't fitdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.0360%1h0.004425+0.871%$20K$9K5xas long as short
Perpl PUMP0.0000%43m0.004429+0.957%$19K$235K20xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004426+0.885%$53K150xas long as short
Backpack PUMP_USDC_PERP+0.0061%1h0.004433+1.046%$786K$199K5xas long as short
Lighter PUMP+0.0096%1h0.004429+0.957%$2.8M$5.4M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400+0.296%$29K$798K20xas long as short
Nado PUMP-PERP+0.0100%1h0.004425+0.878%$1.6M$2.1M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004434+1.071%$704K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004431+1.003%$494K$821K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004431+1.004%$80.6M$173.9M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PUMP-USDT-SWAP+0.0100%4h0.004428+0.935%$24.0M$98.1M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004422+0.807%$36K$183K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004432+1.026%$62K$102K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004431+1.003%$4.9M$11.3M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004432+1.026%$23.7M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004429+0.957%$17.7M$20.1M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004428+0.935%$13.0Mas long as short
edgeX PUMPUSDC+0.0100%4h0.004372−0.349%$64K$3.2M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004372−0.340%$1.2M$10.6M10xas long as short
ApeX Omni PUMPUSDTlong+0.0100%1h0.004387long leg$145K$756K50x
Polymarket Perps PUMP-USD+0.0100%1h0.004428+0.935%$102K$2.1M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004426+0.889%$41K$11K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004426+0.880%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004427+0.912%$2K$771K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004427+0.912%$278$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004423+0.821%$21K$111K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004431+1.003%$2.0M$4.0M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004433+1.057%$42K$2765xas long as short
Aevo PUMP-PERP+0.0104%1h0.004423+0.821%$71K$8K3xas long as short
Extended PUMP-USD+0.0184%1h0.004427+0.920%$3.8M$4.3M50xas long as short
Deribit PUMP_USDC-PERPETUALshort+0.0202%1h0.004428+0.935%$70K$122K25x
01 Exchange PUMPUSD+0.0248%1h0.004429+0.957%$6K$62510xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0270% / S −0.0198%1h0.004424+0.843%$53K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004420+0.752%$3.6M$4.4M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004425+0.861%$23xas long as short
Phoenix PUMP+0.0345%1h0.004374−0.303%$42K$120K10xas long as short
Hyperliquid PUMP+0.0430%1h0.004437+1.140%$166.5M$56.7M10xas long as short
Coinbase International PUMP-PERP-INTX+0.0440%1h0.004435+1.094%$703K$5.9M50xas long as short
RISEx PUMP/USDC+0.0570%1h0.004432+1.026%$527K$1.0M10xas long as short
Injective PUMP/USDC PERP+0.0706%1h0.004425+0.866%$38K$204K12xas long as short
Kraken Futures PF_PUMPUSD+0.0800%1h0.004430+0.973%$1.0M$3.4M50xas long as short
Aftermath Perps PUMPUSD+0.0885%1h0.004397+0.224%$581$114K10xas long as short