PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.1003%/8h= −109.8% APRnext payment −$1.25 per $10,000 · paid last 24h −0.267%

Price spread now: Backpack against 01 Exchange−0.346%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and Backpack is 0.346% cheaper against 01 Exchange than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange PUMPUSD	0.004399	0.0256	pay 0.0032% / 1h	57m 53s	$6K	$727	10x
Short	Backpack PUMP_USDC_PERP	0.004384	−0.0747	pay 0.0093% / 1h	57m 53s	$778K	$193K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against 01 Exchange. 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 01 ExchangebpFee BackpackbpOrdersPrice spread, now −0.346%Rate

Funding earned: −$210.57
Price spread: −0.346% → 0.000%: −$34.55
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$262.12
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Backpack: live order book, 1 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Backpack live order book, 1 min ago	2.50 bp	7.7 bp −$8	13.3 bp −$133	doesn't fit	doesn't fit

01 Exchange: 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
Backpack PUMP_USDC_PERPshort	−0.0747%	1h	0.004384	−0.346%	$778K	$193K	5x
Perpl PUMP	−0.0112%	43m	0.004395	−0.091%	$18K	$232K	20x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004400	+0.025%	$20K	$9K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004392	−0.159%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004392	−0.169%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004390	−0.205%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−2.251%	$28K	$823K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004396	−0.057%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004386	−0.296%	$690K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004401	+0.045%	$488K	$817K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004385	−0.317%	$79.6M	$171.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004384	−0.341%	$23.9M	$97.2M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004398	−0.011%	$36K	$189K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004399	0.000%	$60K	$86K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004382	−0.386%	$4.8M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004388	−0.250%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004386	−0.296%	$17.4M	$20.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004384	−0.341%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004398	−0.033%	$64K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004399	+0.003%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004401	+0.045%	$147K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004398	−0.023%	$101K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004391	−0.182%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004391	−0.171%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004394	−0.114%	$1K	$760K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004393	−0.136%	$276	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004394	−0.114%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004390	−0.205%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004401	+0.055%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004389	−0.227%	$70K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004391	−0.182%	$59K	—	100x	as long as short
Extended PUMP-USD	+0.0216%	1h	0.004384	−0.330%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSDlong	+0.0256%	1h	0.004399	long leg	$6K	$727	10x
Hyperliquid PUMP	+0.0290%	1h	0.004391	−0.182%	$164.1M	$56.1M	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004406	+0.168%	$43K	$102K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004400	+0.023%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004394	−0.118%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004403	+0.091%	$689K	$5.8M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004398	−0.011%	$523K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004399	0.000%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0806%	1h	0.004395	−0.089%	$1.1M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0881%	1h	0.004409	+0.225%	$582	$115K	10x	as long as short