PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0252%/8h= −27.6% APRnext payment −$0.32 per $10,000 · paid last 24h −0.015%

Price spread now: Nado against Coinbase International−0.216%45s7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$400.398% of the position

Long on Coinbase International Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.015%−$2 on $10k

Price spread, last 3 days (all we have)+0.260%+$26 · spread now −0.216%, 7d avg −0.024%

Together, before fees+0.244%+ Points / potential airdropNado: Active · farm board+$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Nado is 0.192% cheaper against Coinbase International than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.024%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.015% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.32 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International PUMP-PERP-INTX	0.004401	0.0352	pay 0.0044% / 1h	41m 40s	$693K	$5.6M	50x
Short	Nado PUMP-PERP	0.004391	0.0100	get 0.0012% / 1h	41m 40s	$1.6M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.216%Rate

Funding earned: −$52.92
Price spread: −0.216% → −0.024%: −$19.23
Slippage, 4 orders: −$22.8
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$111.95
Costs to cover: 0.398%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 2 min ago; Nado: live order book, 2 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	4.56 bp	12.7 bp −$13	20.4 bp −$204	doesn't fit	doesn't fit
Sell Nado live order book, 2 min ago	1.14 bp	5.5 bp −$6	19.9 bp −$199	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
Backpack PUMP_USDC_PERP	−0.0067%	1h	0.004397	−0.084%	$783K	$177K	5x	as long as short
dYdX PUMP-USD	−0.0018%	1h	0.004389	−0.268%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004395	−0.136%	$18K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004398	−0.068%	$70K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004395	−0.132%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0041%	4h	0.004397	−0.091%	$41K	$10K	10x	as long as short
OKX PUMP-USDT-SWAP	+0.0042%	4h	0.004390	−0.250%	$23.0M	$97.3M	50x	as long as short
Lighter PUMP	+0.0096%	1h	0.004391	−0.227%	$2.9M	$5.3M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−2.295%	$33K	$775K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004394	−0.159%	$42K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PUMP-PERPshort	+0.0100%	1h	0.004391	−0.216%	$1.6M	$2.0M	10x
Aster PUMPUSDT	+0.0100%	4h	0.004395	−0.145%	$720K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004393	−0.182%	$459K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004392	−0.204%	$78.6M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004389	−0.284%	$26K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004396	−0.114%	$43K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004394	−0.159%	$4.7M	$10.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004396	−0.114%	$23.3M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004391	−0.227%	$17.6M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004392	−0.204%	—	$12.8M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004378	−0.518%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004380	−0.471%	$1.2M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004365	−0.818%	$138K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004396	−0.114%	$96K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004397	−0.088%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004397	−0.091%	$2K	$722K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004397	−0.091%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004383	−0.409%	$21K	$136K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004398	−0.068%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004394	−0.168%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004395	−0.136%	$70K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0208%	1h	0.004394	−0.159%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004370	−0.716%	$40K	$99K	10x	as long as short
Hyperliquid PUMP	+0.0272%	1h	0.004398	−0.068%	$161.8M	$53.2M	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004397	−0.102%	$481K	$1.0M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004379	−0.500%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004394	−0.163%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0346% / S −0.0289%	1h	0.004395	−0.136%	$74K	—	100x	as long as short
Coinbase International PUMP-PERP-INTXlong	+0.0352%	1h	0.004401	long leg	$693K	$5.6M	50x
Injective PUMP/USDC PERP	+0.0480%	1h	0.004378	−0.523%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0533%	1h	0.004372	−0.648%	$382	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0935%	1h	0.004402	+0.018%	$1.3M	$3.5M	50x	as long as short