PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0348%/8h= +38.1% APRnext payment +$0.43 per $10,000 · paid last 24h +0.024%

Price spread now: Coinbase International against Pacifica+0.223%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$480.475% of the position

Long on Pacifica Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.162%+$16 on $10k

Price spread, last 4 days (all we have)−0.291%−$29 · spread now +0.223%, 7d avg +0.014%

Together, before fees−0.129%+ Points / potential airdropPacifica: Active · farm board−$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.209% dearer against Pacifica than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.014%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica PUMP	0.004491	0.0100	pay 0.0013% / 1h	45m 35s	$521K	$725K	10x
Short	Coinbase International PUMP-PERP-INTX	0.004501	0.0448	get 0.0056% / 1h	45m 35s	$701K	$5.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. 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 PacificabpFee Coinbase InternationalbpOrdersPrice spread, now +0.223%Rate

Funding earned: $73.08
Price spread: +0.223% → +0.014%: $20.9
Slippage, 4 orders: −$29.55
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $46.44
Costs to cover: 0.475%
Break-even: 2.6 days

Slippage from Pacifica: live order book, 18 min ago; Coinbase International: live order book, 3 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 Pacifica live order book, 18 min ago	1.11 bp	11.5 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	4.44 bp	12.6 bp −$13	18.2 bp −$182	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	0.0000%	1h	0.004485	−0.134%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004492	+0.022%	$18K	$220K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004493	+0.045%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004493	+0.045%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0093%	4h	0.004494	+0.067%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004490	−0.022%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.026%	$27K	$779K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004495	+0.100%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004484	−0.149%	$706K	$2.4M	50x	as long as short
Pacifica PUMPlong	+0.0100%	1h	0.004491	long leg	$521K	$725K	10x

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004491	−0.009%	$82.3M	$169.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004496	+0.111%	$24.4M	$99.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004502	+0.245%	$26K	$187K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004501	+0.223%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004491	0.000%	$5.0M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004491	0.000%	$23.9M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004501	+0.223%	$17.8M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004495	+0.089%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004483	−0.187%	$795K	$187K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004511	+0.443%	$68K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004520	+0.656%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004513	+0.490%	$150K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004498	+0.156%	$106K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004493	+0.045%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004489	−0.045%	$2K	$747K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004484	−0.156%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004482	−0.200%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004485	−0.134%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004499	+0.184%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004490	−0.022%	$72K	$8K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0232% / S −0.0084%	1h	0.004492	+0.022%	$61K	—	100x	as long as short
Extended PUMP-USD	+0.0296%	1h	0.004500	+0.208%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004496	+0.111%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004508	+0.372%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004492	+0.022%	—	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004499	+0.173%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTXshort	+0.0448%	1h	0.004501	+0.223%	$701K	$5.9M	50x
RISEx PUMP/USDC	+0.0544%	1h	0.004505	+0.304%	$535K	$982K	10x	as long as short
Hyperliquid PUMP	+0.0604%	1h	0.004494	+0.067%	$168.1M	$56.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0866%	1h	0.004502	+0.234%	$594	$113K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004503	+0.267%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1332%	1h	0.004491	−0.003%	$1.4M	$3.0M	50x	as long as short