Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0097%/8h= +10.6% APRpaid last 24h +0.013%

Price spread now: Orderly against gTrade (Gains Network)+0.025%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Orderly

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 +$3 a day on $10k at the current rate, and Orderly is 0.025% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) PUMP/USD	0.004474	L +0.0003% / S −0.0002%	pay 0.0000% / 1h	12m 16s	$56K	—	150x
Short	Orderly PERP_PUMP_USDC	0.004475	0.0100	get 0.0050% / 4h	3h 12m	$42K	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 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 gTrade (Gains Network)bpFee OrderlybpOrdersPrice spread, now +0.025%Rate

Funding earned: $20.4
Price spread: +0.025% → 0.000%: $2.48
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $6.88
Costs to cover: 0.160%
Break-even: 4.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Orderly: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Orderly: 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	−0.2431%	1h	0.004482	+0.185%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004475	+0.025%	$18K	$242K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004475	+0.025%	$71K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USDlong	L +0.0003% / S −0.0002%	1h	0.004474	long leg	$56K	—	150x
Gate PUMP_USDT	+0.0004%	4h	0.004470	−0.087%	$4.9M	$10.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004478	+0.092%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.652%	$30K	$631K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004474	+0.014%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004475	+0.025%	$715K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004480	+0.137%	$497K	$823K	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	+0.002%	$81.5M	$167.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004474	+0.002%	$24.4M	$96.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004480	+0.146%	$32K	$183K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004476	+0.047%	$65K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004476	+0.047%	$24.0M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004472	−0.042%	$17.6M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004475	+0.025%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004481	+0.168%	$799K	$205K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004486	+0.267%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004483	+0.205%	$1.3M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004490	+0.360%	$150K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004476	+0.047%	$107K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDCshort	+0.0100%	4h	0.004475	+0.025%	$42K	$11K	10x
Derive PUMP-PERP	+0.0100%	1h	0.004474	−0.006%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004485	+0.248%	$1K	$747K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004475	+0.025%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004473	−0.020%	$21K	$97K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004474	+0.002%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004476	+0.039%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004473	−0.020%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0198%	1h	0.004472	−0.042%	$54K	—	100x	as long as short
Extended PUMP-USD	+0.0288%	1h	0.004474	+0.007%	$3.9M	$4.0M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004485	+0.248%	$3.7M	$4.5M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004488	+0.318%	$46K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004473	−0.025%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004477	+0.070%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004496	+0.494%	$39K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004489	+0.338%	$725K	$5.8M	50x	as long as short
Hyperliquid PUMP	+0.0525%	1h	0.004480	+0.137%	$167.9M	$51.8M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004476	+0.047%	$532K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0655%	1h	0.004477	+0.065%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1035%	1h	0.004476	+0.040%	$518	$107K	10x	as long as short