PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.12 per $10,000 · paid last 24h −0.019%

Price spread now: Deribit against Nado−0.068%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$400.402% of the position

Long on Nado Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.092%−$9 on $10k

Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.068%, 7d avg +0.014%

Together, before fees+0.005%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.082% cheaper against Nado than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.014%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado PUMP-PERP	0.004429	0.0100	pay 0.0012% / 1h	39m 45s	$1.6M	$2.0M	10x
Short	Deribit PUMP_USDC-PERPETUAL	0.004426	0	get 0.0000% / 1h	39m 45s	$69K	$115K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Nado. 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 NadobpFee DeribitbpOrdersPrice spread, now −0.068%Rate

Funding earned: −$21
Price spread: −0.068% → +0.014%: −$8.19
Slippage, 4 orders: −$26.17
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$69.36
Costs to cover: 0.402%
Break-even: never at this rate

Slippage from Nado: live order book, 4 min ago; Deribit: live order book, 4 min ago.

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 Nado live order book, 4 min ago	1.12 bp	8.3 bp −$8	18.3 bp −$183	doesn't fit	doesn't fit
Sell Deribit live order book, 4 min ago	7.82 bp	13.5 bp −$14	doesn't fit	doesn't fit	doesn't fit

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	−0.0020%	1h	0.004420	−0.203%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004423	−0.135%	$18K	$238K	20x	as long as short
Deribit PUMP_USDC-PERPETUALshort	0.0000%	1h	0.004426	−0.068%	$69K	$115K	25x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004422	−0.157%	$54K	—	150x	as long as short
Gate PUMP_USDT	+0.0050%	4h	0.004416	−0.294%	$4.9M	$10.4M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004421	−0.181%	$2.8M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.655%	$28K	$618K	20x	as long as short
Nado PUMP-PERPlong	+0.0100%	1h	0.004429	long leg	$1.6M	$2.0M	10x
Aster PUMPUSDT	+0.0100%	4h	0.004420	−0.195%	$704K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004421	−0.181%	$532K	$767K	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	0.004419	−0.219%	$80.6M	$165.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004413	−0.361%	$24.3M	$93.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004434	+0.104%	$32K	$160K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004417	−0.271%	$64K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004422	−0.158%	$23.7M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004413	−0.361%	$17.5M	$18.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004415	−0.316%	—	$13.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004420	−0.205%	$796K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004475	+1.044%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004489	+1.355%	$1.3M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004472	+0.971%	$151K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004435	+0.135%	$109K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004426	−0.068%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004426	−0.062%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004425	−0.090%	$2K	$736K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004419	−0.226%	$277	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004434	+0.113%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004419	−0.226%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004420	−0.207%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004414	−0.330%	$3.7M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004426	−0.068%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0200%	1h	0.004420	−0.203%	$53K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004439	+0.226%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004448	+0.429%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004425	−0.094%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004478	+1.106%	$46K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004424	−0.113%	$701K	$5.4M	50x	as long as short
Hyperliquid PUMP	+0.0514%	1h	0.004424	−0.113%	$165.5M	$48.6M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004483	+1.219%	$39K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004418	−0.260%	$525K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0829%	1h	0.004418	−0.250%	$1.0M	$3.2M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1093%	1h	0.004475	+1.031%	$518	$103K	10x	as long as short