Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0113%/8h= −12.4% APRpaid last 24h −0.014%

Price spread now: Orderly against Aevo+0.023%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Orderly

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

The price spread pays, funding is against you. Orderly is 0.023% dearer against Aevo than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo PUMP-PERP	0.004326	0.0104	pay 0.0013% / 1h	26m 38s	$71K	$18K	3x
Short	Orderly PERP_PUMP_USDC	0.004327	−0.0009	pay 0.0005% / 4h	1h 26m	$41K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aevo. 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 AevobpFee OrderlybpOrdersPrice spread, now +0.023%Rate

Funding earned: −$23.78
Price spread: +0.023% → 0.000%: $2.31
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$43.47
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Aevo and 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	−0.5220%	1h	0.004329	+0.074%	$20K	$8K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0050%	4h	0.004322	−0.092%	$22.6M	$95.3M	50x	as long as short
Orderly PERP_PUMP_USDCshort	−0.0009%	4h	0.004327	+0.023%	$41K	$10K	10x
Perpl PUMP	0.0000%	43m	0.004324	−0.046%	$20K	$204K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004329	+0.069%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004328	+0.038%	$55K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0068%	1h	0.004326	−0.012%	$771K	$180K	5x	as long as short
Gate PUMP_USDT	+0.0090%	4h	0.004324	−0.046%	$4.6M	$11.7M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004323	−0.069%	$2.9M	$5.5M	10x	as long as short
01 Exchange PUMPUSD	+0.0096%	1h	0.004323	−0.069%	$6K	$497	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.601%	$29K	$763K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004322	−0.086%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004324	−0.035%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004329	+0.069%	$158.5M	$52.6M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004324	−0.039%	$783K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004325	−0.023%	$448K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004324	−0.046%	$77.0M	$163.4M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004333	+0.166%	$25K	$179K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004323	−0.069%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004328	+0.046%	$22.9M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004325	−0.023%	$17.2M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004326	0.000%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004326	−0.010%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004327	+0.012%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004330	+0.092%	$137K	$767K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004330	+0.092%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004329	+0.059%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004329	+0.069%	$2K	$712K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004327	+0.023%	$714	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004322	−0.092%	$21K	$139K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004329	+0.069%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004321	−0.122%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERPlong	+0.0104%	1h	0.004326	long leg	$71K	$18K	3x
RISEx PUMP/USDC	+0.0147%	1h	0.004325	−0.032%	$489K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004329	+0.076%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004331	+0.116%	$666K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0311% / S −0.0229%	1h	0.004327	+0.023%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004323	−0.069%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004325	−0.025%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0414%	1h	0.004325	−0.015%	$180	$107K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004333	+0.162%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0808%	1h	0.004332	+0.148%	$1.3M	$3.5M	50x	as long as short