PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0131%/8h= −14.3% APRnext payment −$0.16 per $10,000 · paid last 24h −0.061%

Price spread now: Deribit against Coinbase International0.000%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$520.523% of the position

Long on Coinbase International Short on Deribit

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)+0.058%+$6 · spread now 0.000%, 7d avg −0.013%

Together, before fees−0.208%−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International PUMP-PERP-INTX	0.004580	0.0536	pay 0.0067% / 1h	14m 29s	$734K	$6.0M	50x
Short	Deribit PUMP_USDC-PERPETUAL	0.004580	0.0405	get 0.0051% / 1h	14m 29s	$70K	$116K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$27.51
Price spread: 0.000% → −0.013%: $1.3
Slippage, 4 orders: −$35.34
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$78.55
Costs to cover: 0.523%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; Deribit: live order book, 19 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, 4 min ago	4.39 bp	14.6 bp −$15	21.4 bp −$214	doesn't fit	doesn't fit
Sell Deribit live order book, 19 min ago	5.55 bp	13.3 bp −$13	25.1 bp −$251	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	0.0000%	1h	0.004587	+0.158%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004583	+0.066%	$18K	$269K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004577	−0.056%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0016%	4h	0.004586	+0.131%	$5.0M	$10.4M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004590	+0.218%	$3.0M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.747%	$29K	$648K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004585	+0.104%	$855K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004587	+0.153%	$535K	$858K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004587	+0.153%	$83.9M	$173.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004584	+0.087%	$25.2M	$102.2M	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	0.004569	−0.249%	$27K	$153K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004585	+0.109%	$46K	$125K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004593	+0.284%	$24.9M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004583	+0.066%	$18.0M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004585	+0.109%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004580	+0.009%	$822K	$206K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004547	−0.723%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004550	−0.655%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004557	−0.502%	$154K	$741K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004590	+0.218%	$106K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004579	−0.022%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004544	−0.793%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004579	−0.022%	$1K	$773K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004579	−0.022%	$257	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004571	−0.197%	$22K	$77K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004577	−0.066%	$1.9M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004589	+0.202%	$44K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004586	+0.140%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004576	−0.087%	$68K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0160%	1h	0.004585	+0.120%	$1.7M	$2.1M	10x	as long as short
Hyperliquid PUMP	+0.0186%	1h	0.004591	+0.240%	$171.9M	$50.1M	10x	as long as short
01 Exchange PUMPUSD	+0.0272%	1h	0.004590	+0.218%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0279%	1h	0.004579	−0.022%	$38K	$204K	12x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0305% / S −0.0274%	1h	0.004578	−0.044%	$66K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004580	0.000%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004579	−0.025%	$2	—	3x	as long as short
Deribit PUMP_USDC-PERPETUALshort	+0.0405%	1h	0.004580	0.000%	$70K	$116K	25x
Phoenix PUMP	+0.0410%	1h	0.004542	−0.838%	$44K	$139K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0439%	1h	0.004582	+0.043%	$1.1M	$3.5M	50x	as long as short
Coinbase International PUMP-PERP-INTXlong	+0.0536%	1h	0.004580	long leg	$734K	$6.0M	50x
RISEx PUMP/USDC	+0.0784%	1h	0.004589	+0.201%	$544K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0895%	1h	0.004550	−0.660%	$503	$111K	10x	as long as short