Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

PUMP

All PUMP markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
gTrade (Gains Network)PUMP/USD
0.004118L +0.0289S −0.0013pay 0.0036% / 1h5m 55s$3K$184K150xLong gTrade (Gains Network)
SHORT
Variational OmniPUMPFUN
0.004147+0.0100get 0.0050% / 4h5m 55s$4.1M$908K50xShort Variational Omni+15% pts
Price gap+0.712%
Funding gap−0.0189% /8h

The gap pays +$79 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 14 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$62−0.0189% /8h now · paid −0.622% over the last 7D
Price+$79spread +0.712% now, avg −0.077% → +0.789% if it goes back
Costs−$4764.762% of $10k · taker + slippage, in and out
Result−$459−4.59%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.712%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PUMP on 48 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size230.2 / 10.9 bp
    At $10k entering gTrade (Gains Network) costs 230.2 bp, fee and slippage, 21.2× Variational Omni’s.
  • Note: Margin at max leverage$67 + $200
    gTrade (Gains Network) 150x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$5.66Long gTrade (Gains Network): 24 payments, −$8.66; short Variational Omni: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.712% vs −0.077%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$3K vs $4.1M OI
    gTrade (Gains Network) sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • OK: No KYC on either leggTrade (Gains Network) No · Variational Omni No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0296%/8h × 21 periods−$62.18
Price spread+0.712% → −0.077% (7d avg)+$78.87
Slippage, 4 orderslive order books−$466.15
Fee gTrade (Gains Network) bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$459.46
Costs to cover4.762%Break-evennever at this rate
Slippage: gTrade (Gains Network): virtual book (oracle exchange), 37 min ago; Variational Omni: RFQ quote, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGgTrade (Gains Network)130.02230.2 bp−$2303201.0 bp−$32.0Kdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni6.0410.9 bp−$1113.3 bp−$133doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

PUMP news

posts that mention PUMP, from every exchangeSearch all news →
10-23 09:05ReyaListingnew market PUMPRUSDPERP ($PUMP) seen by our collector
10-15 05:29DeriveListing$PUMP options and perps are live on Derive. Block-size trades have already printed via RFQ. The order book is now just as tradeable, with deep liquidity on screen. @DeriveXYZ on X ↗
10-13 15:13OKXOtherEurope, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗
10-13 13:51Ondo PerpsListingNew crypto perps campaign. New users can get up to 75% of fees back on crypto trades. The more volume you trade, the higher your fee rebate: ▸ $10K+ volume → get 10% of fees back ▸ $50K+ → get 25% back ▸ $250K+ → get 50% back ▸ $1M+ → get 75% back Crypto perps included in the campaign: ▸ $BTC ▸ $ETH ▸ $ZEC ▸ $SOL ▸ $ENA ▸ $XRP ▸ $HYPE ▸ $PUMP ▸ $ONDO Running from October 13 at 9AM ET to October 20 at 9AM ET. Limited to users who sign up for Ondo Perps after the campaign starts. Rebates are capped at $500 per user. Trade now → @OndoPerps on X ↗
10-06 07:18BulletListingBy popular demand, $PUMP perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗
10-06 06:57BulletListingnew market PUMP-USD ($PUMP) seen by our collector