PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.08 per $10,000 · paid last 24h −0.032%

Price spread now: Backpack against Ondo Perps−0.019%7-day average −0.004% · you buy dearer than you sell

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

Long on Ondo Perps Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days−0.234%−$23 on $10k

Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.019%, 7d avg −0.004%

Together, before fees−0.141%+ Points / potential airdropOndo Perps: Active · farm board−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps PUMP-USD.P	0.004324	0.0100	pay 0.0013% / 1h	41m 11s	$25K	$178K	5x
Short	Backpack PUMP_USDC_PERP	0.004323	0.0035	get 0.0004% / 1h	41m 11s	$771K	$181K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Ondo Perps. 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 Ondo PerpsbpFee BackpackbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$13.6
Price spread: −0.019% → −0.004%: −$1.43
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$30.03
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Backpack: live order book, 43 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Backpack live order book, 43 min ago	0.81 bp	9.6 bp −$10	16.7 bp −$167	doesn't fit	doesn't fit

Ondo Perps: 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	−0.4986%	1h	0.004325	+0.022%	$20K	$8K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0038%	4h	0.004318	−0.130%	$22.6M	$95.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0015%	4h	0.004319	−0.106%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004320	−0.083%	$20K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004321	−0.060%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004320	−0.078%	$55K	—	150x	as long as short
Backpack PUMP_USDC_PERPshort	+0.0035%	1h	0.004323	−0.019%	$771K	$181K	5x
Lighter PUMP	+0.0096%	1h	0.004319	−0.106%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.546%	$29K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004321	−0.065%	$42K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PUMP-PERP	+0.0100%	1h	0.004318	−0.118%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004327	+0.079%	$158.5M	$52.6M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004321	−0.060%	$779K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004323	−0.014%	$448K	$607K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004319	−0.115%	$76.8M	$163.5M	75x	as long as short
Ondo Perps PUMP-USD.Plong	+0.0100%	1h	0.004324	long leg	$25K	$178K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004322	−0.037%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004319	−0.106%	$4.6M	$11.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004322	−0.037%	$22.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004319	−0.106%	$17.1M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004321	−0.060%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004319	−0.101%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004316	−0.175%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004320	−0.083%	$136K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004323	−0.014%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004320	−0.079%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004321	−0.060%	$2K	$712K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004319	−0.106%	$712	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004320	−0.083%	$21K	$138K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004318	−0.130%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004318	−0.138%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004318	−0.130%	$71K	$18K	3x	as long as short
01 Exchange PUMPUSD	+0.0120%	1h	0.004322	−0.037%	$6K	$497	10x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004322	−0.025%	$488K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004317	−0.157%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004324	+0.009%	$655K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0310% / S −0.0228%	1h	0.004320	−0.083%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004319	−0.106%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004318	−0.127%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0372%	1h	0.004320	−0.095%	$200	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004322	−0.037%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0809%	1h	0.004325	+0.028%	$1.3M	$3.5M	50x	as long as short