PUMP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexPUMPUSDT	0.004200	+0.0096	pay 0.0012% / 1h	8m 32s	$67K	$213K	20x	Long Popdex
SHORT	BybitPUMPFUNUSDT	0.004298	+0.0100	get 0.0050% / 4h	8m 32s	$33.4M	$22.1M	75x	Short Bybit

Price gap+2.333%

Funding gap+0.0004% /8h

Funding is ≈ 0, so this is a price-spread trade: +$121 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$15+0.0004% /8h now · paid −0.154% over the last 7D

Price+$121spread +2.333% now, avg +1.126% → +1.207% if it goes back

Costs−$410.410% of $10k · taker + slippage, in and out

Result+$64+0.64%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+2.333%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PUMP on 48 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

Watch: Large against open interest11.4 / 9.7 bp
$10k is over 10% of Popdex’s open interest.
Note: Margin at max leverage$500 + $133
Popdex 20x, Bybit 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$0.12Long Popdex: 24 payments, −$2.88; short Bybit: 6 payments, +$3.00.
OK: Entry gap works for you+2.333% vs +1.126%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$67K vs $33.4M OI
Popdex sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCPopdex No · Bybit Yes
Standard verification is mandatory for every product.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0073%/8h × 21 periods−$15.37

Price spread+2.333% → +1.126% (7d avg)+$120.70

Slippage, 4 orderslive order books−$23.63

Fee Popdex bp × 2 orders−$6.40

Fee Bybit bp × 2 orders−$11.00

Net · 7 days · $10k+$64.30

Costs to cover0.410%Break-evenfrom the start

Slippage: Popdex: live order book, 39 min ago; Bybit: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex1.1611.4 bp−$11102.8 bp−$1,028doesn’t fitdoesn’t fit

SELL · SHORTBybit1.169.7 bp−$1018.3 bp−$18382.2 bp−$8,217doesn’t fit

Closing costs about the same again.

PUMP news

posts that mention PUMP, from every exchangeSearch all news →

10-23 09:05	Reya	Listing	new market PUMPRUSDPERP ($PUMP) seen by our collector
10-15 05:29	Derive	Listing	$PUMP options and perps are live on Derive. Block-size trades have already printed via RFQ. The order book is now just as tradeable, with deep liquidity on screen. @DeriveXYZ on X ↗
10-13 15:13	OKX	Other	Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗
10-13 13:51	Ondo Perps	Listing	New crypto perps campaign. New users can get up to 75% of fees back on crypto trades. The more volume you trade, the higher your fee rebate: ▸ $10K+ volume → get 10% of fees back ▸ $50K+ → get 25% back ▸ $250K+ → get 50% back ▸ $1M+ → get 75% back Crypto perps included in the campaign: ▸ $BTC ▸ $ETH ▸ $ZEC ▸ $SOL ▸ $ENA ▸ $XRP ▸ $HYPE ▸ $PUMP ▸ $ONDO Running from October 13 at 9AM ET to October 20 at 9AM ET. Limited to users who sign up for Ondo Perps after the campaign starts. Rebates are capped at $500 per user. Trade now → @OndoPerps on X ↗
10-06 07:18	Bullet	Listing	By popular demand, $PUMP perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗
10-06 06:57	Bullet	Listing	new market PUMP-USD ($PUMP) seen by our collector