Funding you earn now, next payment 09:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h −0.002%
Price spread now: Backpack against gTrade (Gains Network)+0.084%77s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 +$3 a day on $10k at the current rate, and Backpack is 0.084% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 77 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 | gTrade (Gains Network) PUMP/USD | 0.004588 | L +0.0003% / S −0.0003% | pay 0.0000% / 1h | 5m 06s | $61K | — | 150x |
| Short | Backpack PUMP_USDC_PERP | 0.004592 | 0.0100 | get 0.0013% / 1h | 5m 06s | $822K | $212K | 5x |
gTrade (Gains Network) PUMP/USD
Backpack PUMP_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against gTrade (Gains Network). 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
- $20.4
- Price spread: +0.084% → 0.000%
- $8.41
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $8.81
- Costs to cover
- 0.200%
- Break-even
- 4.0 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 29 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 29 min ago | 1.99 bp | 11.7 bp −$12 | 21.1 bp −$211 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 41 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 | −0.2848% | 1h | 0.004590 | +0.045% | $21K | $11K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004593 | +0.110% | $18K | $261K | 20x | as long as short |
| gTrade (Gains Network) PUMP/USDlong | L +0.0003% / S −0.0003% | 1h | 0.004588 | long leg | $61K | — | 150x | |
| Gate PUMP_USDT | +0.0052% | 4h | 0.004590 | +0.045% | $4.9M | $10.2M | 75x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004594 | +0.132% | $3.0M | $4.5M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004500 | −1.917% | $30K | $667K | 20x | as long as short |
| Hyperliquid PUMP | +0.0100% | 1h | 0.004596 | +0.176% | $171.0M | $49.6M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004590 | +0.045% | $866K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004595 | +0.154% | $525K | $857K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004592 | +0.080% | $83.8M | $175.6M | 75x | as long as short |
dYdX PUMP-USD
Perpl PUMP
Gate PUMP_USDT
Lighter PUMP
Popdex PUMPUSDT
Hyperliquid PUMP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDTShow all 41 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004589 | +0.023% | $25.2M | $103.5M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004595 | +0.154% | $27K | $155K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004597 | +0.197% | $51K | $152K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004596 | +0.176% | $25.2M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004593 | +0.110% | $18.2M | $19.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004590 | +0.045% | — | $14.6M | — | as long as short |
| Backpack PUMP_USDC_PERPshort | +0.0100% | 1h | 0.004592 | +0.084% | $822K | $212K | 5x | |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004592 | +0.087% | $68K | $3.3M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004587 | −0.021% | $1.3M | $10.9M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004595 | +0.154% | $163K | $744K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004594 | +0.132% | $107K | $2.2M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004595 | +0.154% | $43K | $2K | 10x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004595 | +0.154% | $2K | $785K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004593 | +0.110% | $252 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004588 | +0.001% | $22K | $126K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004591 | +0.067% | $2.0M | $3.9M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004597 | +0.196% | $44K | $276 | 5x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004593 | +0.116% | $3.9M | $4.0M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004591 | +0.067% | $68K | $10K | 3x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0304% / S −0.0274% | 1h | 0.004585 | −0.064% | $66K | — | 100x | as long as short |
| 01 Exchange PUMPUSD | +0.0304% | 1h | 0.004598 | +0.219% | $6K | $600 | 10x | as long as short |
| Nado PUMP-PERP | +0.0308% | 1h | 0.004598 | +0.219% | $1.7M | $2.1M | 10x | as long as short |
| Phoenix PUMP | +0.0332% | 1h | 0.004593 | +0.104% | $45K | $146K | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004592 | +0.088% | $3.8M | $4.8M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004595 | +0.148% | $2 | — | 3x | as long as short |
| Injective PUMP/USDC PERP | +0.0344% | 1h | 0.004582 | −0.129% | $38K | $204K | 12x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0403% | 1h | 0.004597 | +0.197% | $70K | $109K | 25x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0544% | 1h | 0.004601 | +0.285% | $748K | $6.3M | 50x | as long as short |
| RISEx PUMP/USDC | +0.0741% | 1h | 0.004597 | +0.197% | $555K | $1.1M | 10x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0806% | 1h | 0.004596 | +0.181% | $1.1M | $3.5M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.0962% | 1h | 0.004589 | +0.015% | $508 | $103K | 10x | as long as short |
OKX PUMP-USDT-SWAP
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Orderly PERP_PUMP_USDC
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Extended PUMP-USD
Aevo PUMP-PERP
GMX PUMP/USD [WBTC.b-USDC]
01 Exchange PUMPUSD
Nado PUMP-PERP
Phoenix PUMP
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Injective PUMP/USDC PERP
Deribit PUMP_USDC-PERPETUAL
Coinbase International PUMP-PERP-INTX
RISEx PUMP/USDC
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD