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

PUMP

all PUMP markets
SwapBacktest
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 −0.010%
Price spread now: Derive against Coinbase International−0.206%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Derive is 0.206% cheaper against Coinbase International than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International PUMP-PERP-INTX0.0043430.0240pay 0.0030% / 1h16m 52s$659K$5.4M50x
ShortDerive PUMP-PERP0.0043340.0100get 0.0013% / 1h16m 52s$5K$13K6.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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

Funding earned
−$29.4
Price spread: −0.206% → 0.000%
−$20.6
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Derive: 3 bp × 2 orders
−$6
Net
−$66
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 2 min ago4.61 bp13.6 bp −$1419.0 bp −$190doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.4892%1h0.004335−0.186%$20K$8K5xas long as short
Backpack PUMP_USDC_PERP−0.0220%1h0.004332−0.246%$772K$183K5xas long as short
Perpl PUMP−0.0112%43m0.004333−0.230%$20K$206K20xas long as short
OKX PUMP-USDT-SWAP−0.0067%4h0.004330−0.299%$22.6M$96.0M50xas long as short
Orderly PERP_PUMP_USDC−0.0024%4h0.004334−0.207%$41K$10K10xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004335−0.184%$69K$126K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004334−0.203%$55K150xas long as short
Gate PUMP_USDT+0.0080%4h0.004331−0.276%$4.6M$11.7M75xas long as short
Lighter PUMP+0.0096%1h0.004333−0.230%$2.9M$5.5M10xas long as short
01 Exchange PUMPUSD+0.0096%1h0.004336−0.161%$6K$49710xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex PUMPUSDT+0.0096%1h0.004300−0.990%$29K$767K20xas long as short
Paradex PUMP-USD-PERP+0.0100%8h0.004335−0.181%$42K5xas long as short
Hyperliquid PUMP+0.0100%1h0.004338−0.115%$159.1M$52.4M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004332−0.253%$785K$2.0M50xas long as short
Pacifica PUMP+0.0100%1h0.004336−0.161%$449K$611K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004330−0.290%$76.9M$164.2M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004331−0.267%$26K$179K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004335−0.184%$42K$53K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004334−0.207%$22.9M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004332−0.253%$17.1M$19.1M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004330−0.299%$12.7Mas long as short
edgeX PUMPUSDC+0.0100%4h0.004335−0.196%$63K$3.0M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004335−0.183%$1.2M$9.7M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004342−0.023%$137K$769K50xas long as short
Nado PUMP-PERP+0.0100%1h0.004333−0.219%$1.6M$2.0M10xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004337−0.138%$91K$1.9M10xas long as short
Derive PUMP-PERPshort+0.0100%1h0.004334−0.206%$5K$13K6.7x
SunX PUMP-USDT+0.0100%4h0.004335−0.184%$1K$710K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004332−0.253%$714$6K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004331−0.276%$21K$147K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004332−0.253%$2.0M$4.0M20xas long as short
Extended PUMP-USD+0.0104%1h0.004329−0.324%$3.6M$3.7M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004331−0.276%$71K$18K3xas long as short
RISEx PUMP/USDC+0.0125%1h0.004337−0.138%$492K$1.0M10xas long as short
Phoenix PUMP+0.0129%1h0.004348+0.124%$39K$99K10xas long as short
Coinbase International PUMP-PERP-INTXlong+0.0240%1h0.004343long leg$659K$5.4M50x
GMX PUMP/USD [WBTC.b-USDC]L +0.0307% / S −0.0225%1h0.004334−0.207%$67K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004332−0.253%$3.4M$3.7M75xas long as short
Aftermath Perps PUMPUSD+0.0343%1h0.004337−0.149%$180$106K10xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004332−0.247%$23xas long as short
Injective PUMP/USDC PERP+0.0521%1h0.004324−0.437%$38K$207K12xas long as short
Kraken Futures PF_PUMPUSD+0.0684%1h0.004339−0.091%$1.3M$3.5M50xas long as short