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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0215%/8h= +23.5% APRpaid last 24h +0.015%
Price spread now: Orderly against Backpack−0.044%46s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.044% cheaper against Backpack than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack PUMP_USDC_PERP0.004336−0.0237get 0.0030% / 1h19m 23s$773K$183K5x
ShortOrderly PERP_PUMP_USDC0.004334−0.0023pay 0.0011% / 4h2h 19m$41K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Backpack. 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
$45.1
Price spread: −0.044% → 0.000%
−$4.38
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
$24.72
Costs to cover
0.160%
Break-even
3.2 days
Slippage unknown: Backpack: live order book, 5 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 5 min ago0.81 bp12.2 bp −$1221.2 bp −$212doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.4705%1h0.004340+0.089%$20K$8K5xas long as short
Backpack PUMP_USDC_PERPlong−0.0237%1h0.004336long leg$773K$183K5x
Deribit PUMP_USDC-PERPETUAL−0.0211%1h0.004336+0.002%$69K$126K25xas long as short
Perpl PUMP−0.0112%43m0.004335−0.021%$20K$206K20xas long as short
OKX PUMP-USDT-SWAP−0.0070%4h0.004335−0.021%$22.7M$96.1M50xas long as short
Orderly PERP_PUMP_USDCshort−0.0023%4h0.004334−0.044%$41K$10K10x
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004336−0.003%$55K150xas long as short
Gate PUMP_USDT+0.0078%4h0.004335−0.021%$4.6M$11.7M75xas long as short
Lighter PUMP+0.0096%1h0.004336+0.002%$2.9M$5.5M10xas long as short
01 Exchange PUMPUSD+0.0096%1h0.004336+0.002%$6K$49710xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex PUMPUSDT+0.0096%1h0.004300−0.828%$29K$766K20xas long as short
Paradex PUMP-USD-PERP+0.0100%8h0.004336−0.001%$42K5xas long as short
Hyperliquid PUMP+0.0100%1h0.004341+0.118%$159.2M$52.4M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004334−0.048%$785K$2.0M50xas long as short
Pacifica PUMP+0.0100%1h0.004338+0.048%$450K$611K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004334−0.037%$77.0M$164.3M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004345+0.198%$26K$179K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004335−0.021%$42K$53K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004339+0.071%$22.9M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004334−0.044%$17.1M$19.1M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004333−0.067%$12.7Mas long as short
edgeX PUMPUSDC+0.0100%4h0.004341+0.107%$64K$3.0M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004352+0.367%$1.2M$9.7M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004342+0.141%$137K$769K50xas long as short
Nado PUMP-PERP+0.0100%1h0.004335−0.009%$1.6M$2.0M10xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004339+0.071%$91K$1.9M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004336+0.008%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004339+0.071%$1K$710K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004332−0.090%$714$6K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004337+0.025%$21K$147K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004335−0.021%$2.0M$4.0M20xas long as short
Extended PUMP-USD+0.0104%1h0.004335−0.019%$3.6M$3.7M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004333−0.067%$71K$18K3xas long as short
RISEx PUMP/USDC+0.0125%1h0.004337+0.025%$492K$1.0M10xas long as short
Phoenix PUMP+0.0129%1h0.004348+0.288%$39K$99K10xas long as short
Coinbase International PUMP-PERP-INTX+0.0240%1h0.004343+0.164%$659K$5.4M50xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0307% / S −0.0225%1h0.004335−0.021%$67K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004338+0.048%$3.4M$3.7M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004335−0.013%$23xas long as short
Aftermath Perps PUMPUSD+0.0345%1h0.004338+0.044%$180$106K10xas long as short
Injective PUMP/USDC PERP+0.0521%1h0.004324−0.274%$38K$207K12xas long as short
Kraken Futures PF_PUMPUSD+0.0684%1h0.004339+0.061%$1.3M$3.5M50xas long as short