PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.2810%/8h= +307.7% APRnext payment +$3.51 per $10,000 · paid last 24h +0.419%

Price spread now: Hyperliquid against dYdX+0.264%55s7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$84 a day on $10k at the current rate, and Hyperliquid is 0.264% dearer against dYdX than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 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	dYdX PUMP-USD	0.004471	−0.2294	get 0.0287% / 1h	8m 51s	$20K	$11K	5x
Short	Hyperliquid PUMP	0.004483	0.0516	get 0.0064% / 1h	8m 51s	$168.0M	$49.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against dYdX. 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 dYdXbpFee HyperliquidbpOrdersPrice spread, now +0.264%Rate

Funding earned: $590.05
Price spread: +0.264% → 0.000%: $26.4
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $597.45
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 5 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 5 min ago	1.11 bp	10.0 bp −$10	21.3 bp −$213	doesn't fit	doesn't fit

dYdX: 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-USDlong	−0.2294%	1h	0.004471	long leg	$20K	$11K	5x
Perpl PUMP	0.0000%	43m	0.004463	−0.183%	$18K	$233K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004460	−0.250%	$71K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004459	−0.280%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0032%	4h	0.004467	−0.094%	$4.9M	$10.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004464	−0.161%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.592%	$30K	$631K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004464	−0.150%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004472	+0.014%	$714K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004470	−0.027%	$496K	$755K	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	0.004474	+0.054%	$81.5M	$166.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004477	+0.130%	$24.4M	$95.6M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004467	−0.089%	$32K	$183K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004468	−0.071%	$65K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004476	+0.107%	$24.0M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004476	+0.107%	$17.7M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004470	−0.027%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004461	−0.224%	$796K	$202K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004482	+0.234%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004485	+0.307%	$1.3M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004483	+0.264%	$150K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004466	−0.116%	$107K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004459	−0.273%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004459	−0.278%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004463	−0.183%	$2K	$744K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004460	−0.250%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004461	−0.228%	$21K	$95K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004461	−0.228%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004474	+0.058%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004458	−0.295%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0198%	1h	0.004458	−0.295%	$54K	—	100x	as long as short
Extended PUMP-USD	+0.0272%	1h	0.004476	+0.099%	$3.9M	$3.9M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004465	−0.139%	$3.7M	$4.5M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004476	+0.096%	$46K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004462	−0.212%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004467	−0.094%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004472	+0.018%	$39K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004465	−0.139%	$718K	$5.7M	50x	as long as short
Hyperliquid PUMPshort	+0.0516%	1h	0.004483	+0.264%	$168.0M	$49.9M	10x
RISEx PUMP/USDC	+0.0638%	1h	0.004467	−0.094%	$531K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0657%	1h	0.004462	−0.197%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1037%	1h	0.004472	+0.009%	$518	$107K	10x	as long as short