Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.013%

Price spread now: ApeX Omni against Orderly−0.070%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on ApeX Omni

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—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.070% cheaper against Orderly than usual: you would sell low and buy high (spread −0.070% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 48 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_PUMP_USDC	0.004304	−0.0016	get 0.0008% / 4h	2h 48m	$40K	$10K	10x
Short	ApeX Omni PUMPUSDT	0.004301	0.0100	get 0.0013% / 1h	48m 51s	$136K	$767K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Orderly. 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 OrderlybpFee ApeX OmnibpOrdersPrice spread, now −0.070%Rate

Funding earned: $24.43
Price spread: −0.070% → 0.000%: −$6.97
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $1.46
Costs to cover: 0.160%
Break-even: 6.6 days

Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 40 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 Orderly no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 40 min ago	5.80 bp	14.5 bp −$15	98.5 bp −$985	doesn't fit	doesn't fit

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	−0.3689%	1h	0.004305	+0.021%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0488%	1h	0.004304	−0.002%	$770K	$185K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0074%	4h	0.004304	0.000%	$22.5M	$94.5M	50x	as long as short
Orderly PERP_PUMP_USDClong	−0.0016%	4h	0.004304	long leg	$40K	$10K	10x
Perpl PUMP	0.0000%	43m	0.004305	+0.023%	$19K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004306	+0.046%	$68K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004305	+0.015%	$54K	—	150x	as long as short
Gate PUMP_USDT	+0.0078%	4h	0.004304	0.000%	$4.6M	$11.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004303	−0.023%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.093%	$29K	$775K	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	0.004306	+0.052%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004305	+0.035%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004308	+0.093%	$157.6M	$52.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004305	+0.023%	$782K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004308	+0.093%	$448K	$611K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004306	+0.046%	$76.4M	$164.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004312	+0.181%	$20K	$177K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004306	+0.046%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004307	+0.070%	$22.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004304	0.000%	$17.0M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004305	+0.023%	—	$12.8M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004310	+0.143%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004300	−0.104%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDTshort	+0.0100%	1h	0.004301	−0.070%	$136K	$767K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004309	+0.116%	$107K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004305	+0.014%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004308	+0.093%	$1K	$709K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004303	−0.023%	$710	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004298	−0.139%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004301	−0.070%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004304	+0.003%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004304	0.000%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004308	+0.096%	$491K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004308	+0.095%	$39K	$99K	10x	as long as short
01 Exchange PUMPUSD	+0.0144%	1h	0.004309	+0.116%	$6K	$497	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004308	+0.093%	$656K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0221%	1h	0.004305	+0.023%	$67K	—	100x	as long as short
Aftermath Perps PUMPUSD	+0.0324%	1h	0.004310	+0.135%	$179	$106K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004301	−0.070%	$3.4M	$3.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004306	+0.038%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.465%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0689%	1h	0.004308	+0.100%	$1.3M	$3.5M	50x	as long as short