Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: Derive against Popdex+1.966%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 1.966% dearer against Popdex than usual: you sell high and buy low, +$197 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex PUMPUSDT0.0044000.0096pay 0.0012% / 1h32m 08s$27K$768K20x
ShortDerive PUMP-PERP0.0044860.0100get 0.0013% / 1h32m 08s$5K$13K6.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against Popdex. 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

Funding earned
$0.84
Price spread: +1.966% → 0.000%
$196.56
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee Derive: 3 bp × 2 orders
−$6
Net
$185
Costs to cover
0.124%
Break-even
from the start
Slippage unknown: Popdex: live order book, 37 min ago; Derive: 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
LegHalf-spread$10k$100k$1M$5M
Buy Popdex live order book, 37 min ago1.12 bp15.0 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Derive no order-book sample
Derive: 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 41 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.0877%1h0.004475+1.711%$20K$9K5xas long as short
Perpl PUMP0.0000%43m0.004474+1.682%$18K$203K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004487+1.977%$71K$124K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004486+1.953%$53K150xas long as short
Orderly PERP_PUMP_USDC+0.0067%4h0.004486+1.955%$42K$10K10xas long as short
Lighter PUMP+0.0096%1h0.004486+1.955%$2.9M$5.5M10xas long as short
Popdex PUMPUSDTlong+0.0096%1h0.004400long leg$27K$768K20x
Nado PUMP-PERP+0.0100%1h0.004477+1.761%$1.7M$2.0M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004480+1.814%$724K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004478+1.773%$500K$653K10xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PUMPUSDT+0.0100%4h0.004485+1.921%$80.9M$165.9M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004483+1.886%$24.1M$98.1M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004480+1.827%$21K$170K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004474+1.682%$40K$63K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004486+1.955%$4.9M$10.5M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004488+2.000%$23.9M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004484+1.909%$17.8M$19.5M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004485+1.932%$12.8Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004485+1.939%$799K$185K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004476+1.720%$65K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004483+1.886%$1.3M$10.5M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004476+1.727%$139K$755K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004479+1.795%$103K$2.0M10xas long as short
Derive PUMP-PERPshort+0.0100%1h0.004486+1.966%$5K$13K6.7x
SunX PUMP-USDT+0.0100%4h0.004486+1.955%$2K$737K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004486+1.955%$281$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004479+1.795%$21K$118K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004483+1.886%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0102%8h0.004482+1.855%$43K$2765xas long as short
Extended PUMP-USD+0.0104%1h0.004486+1.962%$3.8M$4.1M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004481+1.841%$71K$8K3xas long as short
Phoenix PUMP+0.0235%1h0.004479+1.789%$42K$103K10xas long as short
01 Exchange PUMPUSD+0.0240%1h0.004479+1.795%$6K$72710xas long as short
RISEx PUMP/USDC+0.0322%1h0.004477+1.760%$489K$990K10xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004475+1.712%$23xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0359% / S −0.0289%1h0.004487+1.977%$72K100xas long as short
Coinbase International PUMP-PERP-INTX+0.0408%1h0.004491+2.068%$726K$5.7M50xas long as short
Hyperliquid PUMP+0.0565%1h0.004492+2.091%$167.7M$54.3M10xas long as short
Injective PUMP/USDC PERP+0.0571%1h0.004469+1.568%$39K$203K12xas long as short
Aftermath Perps PUMPUSD+0.0722%1h0.004453+1.208%$390$113K10xas long as short
Kraken Futures PF_PUMPUSD+0.1239%1h0.004491+2.075%$1.3M$3.1M50xas long as short