Funding you earn now, next payment 04:00 UTC−0.0328%/8h= −35.9% APRnext payment −$0.41 per $10,000 · paid last 24h +0.021%
Price spread now: Derive against Deribit−0.080%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Derive is 0.080% cheaper against Deribit than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit PUMP_USDC-PERPETUAL | 0.004425 | 0.0428 | pay 0.0053% / 1h | 4m 38s | $70K | $122K | 25x |
| Short | Derive PUMP-PERP | 0.004421 | 0.0100 | get 0.0013% / 1h | 4m 38s | $5K | $13K | 6.7x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$68.88
- Price spread: −0.080% → 0.000%
- −$8
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$89.88
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 49 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit live order book, 49 min ago | 8.00 bp | 13.8 bp −$14 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX PUMP-USD | −0.4691% | 1h | 0.004425 | +0.003% | $20K | $9K | 5x | as long as short |
| Perpl PUMP | −0.0112% | 43m | 0.004426 | +0.023% | $19K | $237K | 20x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004422 | −0.059% | $53K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004426 | +0.023% | $2.8M | $5.5M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −0.565% | $29K | $780K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004428 | +0.079% | $1.6M | $2.1M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004424 | −0.026% | $701K | $2.3M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004426 | +0.023% | $496K | $823K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004425 | −0.001% | $80.5M | $172.7M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004428 | +0.068% | $24.0M | $97.6M | 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 | 0.004428 | +0.075% | $31K | $192K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004431 | +0.136% | $62K | $99K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004425 | 0.000% | $4.9M | $11.5M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004428 | +0.068% | $23.7M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004426 | +0.023% | $17.4M | $20.0M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004425 | 0.000% | — | $12.9M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004423 | −0.045% | $791K | $206K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004432 | +0.147% | $65K | $3.2M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004429 | +0.089% | $1.2M | $10.6M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004433 | +0.181% | $147K | $756K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004429 | +0.090% | $103K | $2.1M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004422 | −0.068% | $42K | $11K | 10x | as long as short |
| Derive PUMP-PERPshort | +0.0100% | 1h | 0.004421 | −0.080% | $5K | $13K | 6.7x | |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004425 | 0.000% | $1K | $770K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004423 | −0.045% | $278 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004420 | −0.113% | $21K | $106K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004424 | −0.023% | $2.0M | $4.0M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004426 | +0.024% | $42K | $276 | 5x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004421 | −0.090% | $66K | $13K | 3x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0270% / S −0.0198% | 1h | 0.004421 | −0.090% | $53K | — | 100x | as long as short |
| Extended PUMP-USD | +0.0280% | 1h | 0.004428 | +0.073% | $3.9M | $4.3M | 50x | as long as short |
| 01 Exchange PUMPUSD | +0.0280% | 1h | 0.004431 | +0.136% | $6K | $625 | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004422 | −0.068% | $3.6M | $4.5M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004426 | +0.018% | $2 | — | 3x | as long as short |
| Phoenix PUMP | +0.0345% | 1h | 0.004430 | +0.118% | $42K | $120K | 10x | as long as short |
| Deribit PUMP_USDC-PERPETUALlong | +0.0428% | 1h | 0.004425 | long leg | $70K | $122K | 25x | |
| Coinbase International PUMP-PERP-INTX | +0.0440% | 1h | 0.004431 | +0.136% | $702K | $5.9M | 50x | as long as short |
| Hyperliquid PUMP | +0.0473% | 1h | 0.004429 | +0.090% | $166.0M | $54.9M | 10x | as long as short |
| RISEx PUMP/USDC | +0.0570% | 1h | 0.004431 | +0.136% | $526K | $1.0M | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0706% | 1h | 0.004428 | +0.068% | $38K | $204K | 12x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0801% | 1h | 0.004424 | −0.018% | $1.0M | $3.4M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.0997% | 1h | 0.004429 | +0.084% | $585 | $112K | 10x | as long as short |
Deribit PUMP_USDC-PERPETUAL
Derive PUMP-PERP
gTrade (Gains Network) PUMP/USD
Lighter PUMP
Popdex PUMPUSDT
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
OKX PUMP-USDT-SWAP
Gate PUMP_USDT
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
GMX PUMP/USD [WBTC.b-USDC]
Extended PUMP-USD
01 Exchange PUMPUSD
BloFin PUMP-USDT
Phoenix PUMP
Coinbase International PUMP-PERP-INTX
Hyperliquid PUMP
RISEx PUMP/USDC
Injective PUMP/USDC PERP
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD