PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0251%/8h= −27.5% APRnext payment −$0.31 per $10,000 · paid last 24h −0.064%

Price spread now: Derive against GMX+0.028%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Derive

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

The price spread pays, funding is against you. Derive is 0.028% dearer against GMX than usual: you sell high and buy low (spread +0.028% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX PUMP/USD [WBTC.b-USDC]	0.004439	L +0.0351% / S −0.0289%	pay 0.0044% / 1h	19m 41s	$74K	—	100x
Short	Derive PUMP-PERP	0.004440	0.0100	get 0.0013% / 1h	19m 41s	$5K	$13K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against GMX. 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 GMXbpFee DerivebpOrdersPrice spread, now +0.028%Rate

Funding earned: −$52.66
Price spread: +0.028% → 0.000%: $2.76
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Derive: 3 bp × 2 orders: −$6
Net: −$67.89
Costs to cover: 0.180%
Break-even: never at this rate

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

GMX and Derive: 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	−0.0042%	1h	0.004439	+0.003%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004441	+0.045%	$18K	$205K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004441	+0.045%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004440	+0.024%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0052%	4h	0.004440	+0.023%	$42K	$10K	10x	as long as short
OKX PUMP-USDT-SWAP	+0.0084%	4h	0.004437	−0.045%	$23.4M	$98.1M	50x	as long as short
Lighter PUMP	+0.0096%	1h	0.004440	+0.023%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.879%	$29K	$777K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004443	+0.101%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004440	+0.018%	$721K	$2.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PUMP	+0.0100%	1h	0.004439	0.000%	$473K	$627K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004437	−0.045%	$79.7M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004440	+0.016%	$26K	$168K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004436	−0.068%	$43K	$52K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004438	−0.023%	$4.8M	$10.6M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004442	+0.068%	$23.5M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004434	−0.113%	$17.7M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004436	−0.068%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004441	+0.038%	$791K	$174K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004439	−0.009%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004438	−0.014%	$1.2M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004440	+0.023%	$140K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004446	+0.158%	$105K	$1.9M	10x	as long as short
Derive PUMP-PERPshort	+0.0100%	1h	0.004440	+0.028%	$5K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004442	+0.068%	$2K	$726K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004440	+0.023%	$279	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004440	+0.023%	$21K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004442	+0.068%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004440	+0.027%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004433	−0.146%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004436	−0.068%	$71K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004439	0.000%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004450	+0.239%	$40K	$99K	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004437	−0.052%	$484K	$1.0M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004441	+0.045%	$3.5M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004440	+0.019%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]long	L +0.0351% / S −0.0289%	1h	0.004439	long leg	$74K	—	100x
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004445	+0.135%	$690K	$5.6M	50x	as long as short
Hyperliquid PUMP	+0.0478%	1h	0.004446	+0.158%	$163.4M	$53.5M	10x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004444	+0.113%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0635%	1h	0.004440	+0.033%	$388	$108K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0925%	1h	0.004446	+0.167%	$1.3M	$3.5M	50x	as long as short