PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.18 per $10,000 · paid last 24h −0.005%

Price spread now: ApeX Omni against Coinbase International+0.395%75s7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$540.543% of the position

Long on Coinbase International Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 3 days (all we have)−0.055%−$6 · spread now +0.395%, 7d avg +0.034%

Together, before fees−0.032%−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.361% dearer against Coinbase International than usual: you sell high and buy low (spread +0.395% now, against its 7-day average of +0.034%): +$36 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 8.6 days. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International PUMP-PERP-INTX	0.004301	0.0240	pay 0.0030% / 1h	51m 43s	$653K	$5.4M	50x
Short	ApeX Omni PUMPUSDT	0.004318	0.0100	get 0.0013% / 1h	51m 43s	$136K	$767K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Coinbase International. 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 Coinbase InternationalbpFee ApeX OmnibpOrdersPrice spread, now +0.395%Rate

Funding earned: −$29.4
Price spread: +0.395% → +0.034%: $36.1
Slippage, 4 orders: −$34.28
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$47.58
Costs to cover: 0.543%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; ApeX Omni: live order book, 37 min ago.

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 Coinbase International live order book, 2 min ago	4.64 bp	15.4 bp −$15	21.6 bp −$216	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 37 min ago	5.80 bp	14.5 bp −$15	98.5 bp −$985	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	−0.4465%	1h	0.004300	−0.024%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0396%	1h	0.004295	−0.149%	$768K	$185K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	−0.0215%	1h	0.004298	−0.070%	$68K	$126K	25x	as long as short
OKX PUMP-USDT-SWAP	−0.0075%	4h	0.004295	−0.140%	$22.5M	$94.4M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0015%	4h	0.004297	−0.093%	$40K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004300	−0.023%	$19K	$203K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004298	−0.065%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0066%	4h	0.004296	−0.116%	$4.6M	$11.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004297	−0.093%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004200	−2.348%	$28K	$775K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004298	−0.070%	$41K	—	5x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004302	+0.023%	$157.4M	$52.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004300	−0.014%	$781K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004298	−0.070%	$447K	$614K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004297	−0.093%	$76.3M	$165.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004312	+0.251%	$20K	$177K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004298	−0.070%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004299	−0.047%	$22.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004297	−0.093%	$16.9M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004296	−0.116%	—	$12.8M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004320	+0.452%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004321	+0.465%	$1.2M	$9.5M	10x	as long as short
ApeX Omni PUMPUSDTshort	+0.0100%	1h	0.004318	+0.395%	$136K	$767K	50x
Nado PUMP-PERP	+0.0100%	1h	0.004296	−0.105%	$1.6M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004298	−0.070%	$106K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004299	−0.047%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004300	−0.023%	$1K	$709K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004296	−0.116%	$709	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004295	−0.140%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004297	−0.093%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004296	−0.113%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004297	−0.093%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004300	−0.024%	$490K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004322	+0.500%	$39K	$99K	10x	as long as short
01 Exchange PUMPUSD	+0.0144%	1h	0.004298	−0.070%	$6K	$497	10x	as long as short
Coinbase International PUMP-PERP-INTXlong	+0.0240%	1h	0.004301	long leg	$653K	$5.4M	50x
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0221%	1h	0.004298	−0.070%	$66K	—	100x	as long as short
Aftermath Perps PUMPUSD	+0.0329%	1h	0.004315	+0.321%	$271	$106K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004309	+0.186%	$3.4M	$3.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004294	−0.172%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.535%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0691%	1h	0.004300	−0.017%	$1.3M	$3.5M	50x	as long as short