PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.019%

Price spread now: Ondo Perps against Deribit+0.054%7-day average −0.042% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.258%+$26 on $10k

Price spread, last 4 days (all we have)−0.339%−$34 · spread now +0.054%, 7d avg −0.042%

Together, before fees−0.081%+ Points / potential airdropOndo Perps: Active · farm board−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Ondo Perps is 0.096% dearer against Deribit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit PUMP_USDC-PERPETUAL	0.004456	0	get 0.0000% / 1h	41m 18s	$69K	$115K	25x
Short	Ondo Perps PUMP-USD.P	0.004458	0.0100	get 0.0013% / 1h	41m 18s	$32K	$161K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Deribit. 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 DeribitbpFee Ondo PerpsbpOrdersPrice spread, now +0.054%Rate

Funding earned: $21
Price spread: +0.054% → −0.042%: $9.6
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $18.6
Costs to cover: 0.120%
Break-even: 0.8 days

Slippage unknown: Deribit: live order book, 3 min ago; Ondo Perps: 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, 3 min ago	7.82 bp	11.3 bp −$11	23.9 bp −$239	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.0022%	1h	0.004463	+0.165%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004458	+0.045%	$18K	$237K	20x	as long as short
Deribit PUMP_USDC-PERPETUALlong	0.0000%	1h	0.004456	long leg	$69K	$115K	25x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004456	+0.008%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0062%	4h	0.004456	0.000%	$4.9M	$10.3M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004453	−0.067%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.257%	$28K	$619K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004462	+0.146%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004447	−0.205%	$708K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004463	+0.157%	$534K	$761K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004447	−0.202%	$81.1M	$164.2M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004454	−0.045%	$24.5M	$93.8M	50x	as long as short
Ondo Perps PUMP-USD.Pshort	+0.0100%	1h	0.004458	+0.054%	$32K	$161K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004465	+0.202%	$65K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004463	+0.157%	$23.9M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004455	−0.022%	$17.7M	$18.5M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004456	0.000%	—	$13.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004467	+0.256%	$801K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004475	+0.432%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004489	+0.741%	$1.3M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004472	+0.359%	$151K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004464	+0.180%	$110K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004454	−0.045%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004455	−0.030%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004455	−0.022%	$2K	$736K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004456	0.000%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004463	+0.157%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004448	−0.180%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004465	+0.211%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004454	−0.039%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004455	−0.022%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0200%	1h	0.004456	0.000%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004467	+0.247%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004448	−0.180%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004459	+0.063%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004478	+0.494%	$46K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004453	−0.067%	$706K	$5.4M	50x	as long as short
Hyperliquid PUMP	+0.0545%	1h	0.004465	+0.202%	$167.2M	$48.6M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004483	+0.606%	$39K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004467	+0.239%	$531K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0821%	1h	0.004457	+0.017%	$1.0M	$3.2M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1091%	1h	0.004483	+0.597%	$519	$102K	10x	as long as short