PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0174%/8h= +19.1% APRnext payment +$0.22 per $10,000 · paid last 24h +0.055%

Price spread now: GMX against Derive+0.755%176s7-day average — · you sell dearer than you buy

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

Long on Derive Short on GMX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.755% dearer against Derive than usual: you sell high and buy low: +$75 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 176 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive PUMP-PERP	0.004544	0.0100	pay 0.0013% / 1h	14m 52s	$5K	$13K	6.7x
Short	GMX PUMP/USD [WBTC.b-USDC]	0.004578	L +0.0305% / S −0.0274%	get 0.0034% / 1h	14m 52s	$66K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Derive. 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 DerivebpFee GMXbpOrdersPrice spread, now +0.755%Rate

Funding earned: $36.54
Price spread: +0.755% → 0.000%: $75.49
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee GMX: 6 bp × 2 orders: −$12
Net: $94.02
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Derive: no order-book sample; GMX: 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 Derive no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Derive and GMX: 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	0.0000%	1h	0.004571	+0.603%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004577	+0.733%	$18K	$268K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004577	+0.743%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0014%	4h	0.004587	+0.953%	$5.0M	$10.3M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004580	+0.799%	$3.0M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.962%	$29K	$647K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004586	+0.931%	$856K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004573	+0.645%	$533K	$858K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004589	+0.997%	$83.9M	$173.3M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004586	+0.931%	$25.2M	$102.2M	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	0.004553	+0.202%	$27K	$152K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004572	+0.623%	$46K	$125K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004580	+0.799%	$24.8M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004588	+0.975%	$18.0M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004587	+0.953%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004580	+0.808%	$822K	$206K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004547	+0.070%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004550	+0.138%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004557	+0.293%	$154K	$741K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004581	+0.821%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004579	+0.777%	$43K	$2K	10x	as long as short
Derive PUMP-PERPlong	+0.0100%	1h	0.004544	long leg	$5K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004579	+0.777%	$1K	$773K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004579	+0.777%	$257	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004571	+0.601%	$22K	$77K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004577	+0.733%	$1.9M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004572	+0.616%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004586	+0.940%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004576	+0.711%	$68K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0161%	1h	0.004576	+0.722%	$1.7M	$2.1M	10x	as long as short
Hyperliquid PUMP	+0.0183%	1h	0.004595	+1.129%	$172.1M	$50.1M	10x	as long as short
01 Exchange PUMPUSD	+0.0272%	1h	0.004578	+0.755%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0279%	1h	0.004579	+0.777%	$38K	$204K	12x	as long as short
GMX PUMP/USD [WBTC.b-USDC]short	L +0.0305% / S −0.0274%	1h	0.004578	+0.755%	$66K	—	100x
BloFin PUMP-USDT	+0.0340%	4h	0.004580	+0.799%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004579	+0.774%	$2	—	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0405%	1h	0.004580	+0.799%	$70K	$116K	25x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004542	−0.046%	$44K	$139K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0439%	1h	0.004582	+0.842%	$1.1M	$3.5M	50x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0536%	1h	0.004580	+0.799%	$734K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0784%	1h	0.004575	+0.697%	$543K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0895%	1h	0.004550	+0.134%	$503	$111K	10x	as long as short