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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0352%/8h= −38.5% APRpaid last 24h −0.061%
Price spread now: Perpl against Coinbase International0.000%7-day average −0.037% · you sell dearer than you buy
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 7 days−0.186%−$19 on $10k
Price spread, last 3 days (all we have)+0.028%+$3 · spread now 0.000%, 7d avg −0.037%
Together, before fees−0.158%+ Points / potential airdropPerpl: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.037% dearer against Coinbase International than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.037%): +$4 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.186% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.186% in total (about -9.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International PUMP-PERP-INTX0.0043630.0352pay 0.0044% / 1h46m 30s$689K$5.5M50x
ShortPerpl PUMP0.0043630get 0.0000% / 43m25m 30s$18K$206K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$73.92
Price spread: 0.000% → −0.037%
$3.67
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$94.05
Costs to cover
0.238%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; Perpl: 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 ago4.58 bp14.7 bp −$1521.0 bp −$210doesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: 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
Backpack PUMP_USDC_PERP−0.0241%1h0.004366+0.073%$778K$179K5xas long as short
dYdX PUMP-USD−0.0024%1h0.004367+0.099%$20K$9K5xas long as short
Perpl PUMPshort0.0000%43m0.0043630.000%$18K$206K20x
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004364+0.023%$69K$125K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004363+0.004%$55K150xas long as short
OKX PUMP-USDT-SWAP+0.0029%4h0.004357−0.138%$22.8M$96.5M50xas long as short
Orderly PERP_PUMP_USDC+0.0039%4h0.004365+0.046%$41K$10K10xas long as short
Gate PUMP_USDT+0.0044%4h0.004366+0.069%$4.7M$10.5M75xas long as short
Lighter PUMP+0.0096%1h0.004366+0.069%$2.9M$5.3M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004300−1.444%$33K$772K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex PUMP-USD-PERP+0.0100%8h0.004365+0.049%$42K5xas long as short
Nado PUMP-PERP+0.0100%1h0.004362−0.011%$1.6M$2.0M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004367+0.088%$717K$2.3M50xas long as short
Pacifica PUMP+0.0100%1h0.004367+0.092%$456K$606K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004364+0.018%$78.0M$163.8M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004357−0.128%$26K$165K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004365+0.046%$42K$53K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004369+0.138%$23.2M$13.8M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004364+0.023%$17.5M$19.2M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004367+0.092%$12.9Mas long as short
edgeX PUMPUSDC+0.0100%4h0.004357−0.148%$64K$3.0M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004361−0.055%$1.2M$10.1M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004360−0.069%$138K$759K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004366+0.069%$96K$1.9M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004365+0.045%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.0043630.000%$2K$722K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.0043630.000%$283$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004358−0.115%$21K$136K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.0043630.000%$2.0M$4.0M20xas long as short
Extended PUMP-USD+0.0104%1h0.004364+0.014%$3.6M$3.6M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004366+0.069%$70K$12K3xas long as short
01 Exchange PUMPUSD+0.0192%1h0.004367+0.092%$6K$83010xas long as short
Phoenix PUMP+0.0237%1h0.004364+0.023%$39K$99K10xas long as short
Hyperliquid PUMP+0.0240%1h0.004371+0.183%$160.8M$53.2M10xas long as short
RISEx PUMP/USDC+0.0297%1h0.004365+0.056%$477K$1.0M10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004361−0.046%$3.5M$4.1M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004361−0.050%$23xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0344% / S −0.0287%1h0.004362−0.023%$73K100xas long as short
Coinbase International PUMP-PERP-INTXlong+0.0352%1h0.004363long leg$689K$5.5M50x
Injective PUMP/USDC PERP+0.0480%1h0.004368+0.115%$38K$203K12xas long as short
Aftermath Perps PUMPUSD+0.0517%1h0.004365+0.046%$381$106K10xas long as short
Kraken Futures PF_PUMPUSD+0.0942%1h0.004369+0.142%$1.3M$3.5M50xas long as short