Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0113%/8h= −12.4% APRpaid last 24h −0.013%

Price spread now: Orderly against Ondo Perps+0.019%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 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	0.004312	0.0100	pay 0.0013% / 1h	55m 35s	$20K	$178K	5x
Short	Orderly PERP_PUMP_USDC	0.004313	−0.0013	pay 0.0007% / 4h	2h 55m	$41K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.019%Rate

Funding earned: −$23.82
Price spread: +0.019% → 0.000%: $1.86
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$32.97
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Ondo Perps: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Ondo Perps 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	−0.5377%	1h	0.004320	+0.180%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0047%	1h	0.004313	+0.014%	$770K	$184K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0046%	4h	0.004321	+0.204%	$22.6M	$94.9M	50x	as long as short
Orderly PERP_PUMP_USDCshort	−0.0013%	4h	0.004313	+0.019%	$41K	$10K	10x
Perpl PUMP	0.0000%	43m	0.004314	+0.042%	$20K	$201K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004315	+0.065%	$70K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004315	+0.065%	$55K	—	150x	as long as short
01 Exchange PUMPUSD	+0.0048%	1h	0.004317	+0.111%	$6K	$497	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004316	+0.088%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.283%	$29K	$776K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004316	+0.082%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004320	+0.192%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004317	+0.110%	$784K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004316	+0.088%	$449K	$614K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004321	+0.204%	$76.7M	$164.9M	75x	as long as short
Ondo Perps PUMP-USD.Plong	+0.0100%	1h	0.004312	long leg	$20K	$178K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004320	+0.181%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004314	+0.042%	$4.6M	$11.6M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004318	+0.135%	$22.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004317	+0.111%	$17.1M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004316	+0.088%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004316	+0.087%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004317	+0.120%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004318	+0.135%	$136K	$767K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004315	+0.065%	$110K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004314	+0.052%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004320	+0.181%	$2K	$710K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004314	+0.042%	$711	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004318	+0.135%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004317	+0.111%	$2.0M	$4.1M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004318	+0.134%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004312	−0.005%	$71K	$18K	3x	as long as short
Hyperliquid PUMP	+0.0105%	1h	0.004320	+0.181%	$158.1M	$52.3M	10x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004322	+0.220%	$492K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0167%	1h	0.004322	+0.239%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004326	+0.320%	$657K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0221%	1h	0.004313	+0.019%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004314	+0.042%	$3.4M	$3.7M	75x	as long as short
Aftermath Perps PUMPUSD	+0.0340%	1h	0.004319	+0.155%	$200	$105K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004312	−0.014%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004327	+0.343%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0688%	1h	0.004319	+0.159%	$1.3M	$3.5M	50x	as long as short