Funding you earn now, next payment 07:00 UTC+0.0436%/8h= +47.7% APRnext payment +$0.54 per $10,000 · paid last 24h +0.046%
Price spread now: Coinbase International against ApeX Omni−0.110%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$640.637% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.110%, 7d avg −0.039%
=Funding pays, the price is against you. Coinbase International is 0.071% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of −0.039%). If the spread goes back, that is −$7 on $10k: about 13 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.008% in total) that is about 2 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.54 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 | ApeX Omni PUMPUSDT | 0.004540 | 0.0100 | pay 0.0013% / 1h | 21m 20s | $153K | $742K | 50x |
| Short | Coinbase International PUMP-PERP-INTX | 0.004535 | 0.0536 | get 0.0067% / 1h | 21m 20s | $732K | $6.0M | 50x |
ApeX Omni PUMPUSDT
Coinbase International PUMP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $91.56
- Price spread: −0.110% → −0.039%
- −$7.1
- Slippage, 4 orders
- −$43.68
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $20.78
- Costs to cover
- 0.637%
- Break-even
- 5.4 days
Slippage from ApeX Omni: live order book, 17 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 ApeX Omni live order book, 17 min ago | 8.91 bp | 17.9 bp −$18 | 119.0 bp −$1,190 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 4.42 bp | 11.5 bp −$11 | 17.0 bp −$170 | 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 | 0.004528 | −0.261% | $21K | $11K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004528 | −0.264% | $18K | $266K | 20x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004530 | −0.231% | $56K | — | 150x | as long as short |
| Gate PUMP_USDT | +0.0008% | 4h | 0.004525 | −0.330% | $5.0M | $10.2M | 75x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004531 | −0.198% | $2.9M | $4.6M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004500 | −0.881% | $29K | $646K | 20x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004530 | −0.228% | $845K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004530 | −0.220% | $528K | $857K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004530 | −0.220% | $82.8M | $172.4M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004530 | −0.220% | $25.0M | $99.5M | 50x | as long as short |
dYdX PUMP-USD
Perpl PUMP
gTrade (Gains Network) PUMP/USD
Gate PUMP_USDT
Lighter PUMP
Popdex PUMPUSDT
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
OKX PUMP-USDT-SWAPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004524 | −0.350% | $27K | $151K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004529 | −0.242% | $46K | $125K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004533 | −0.154% | $24.6M | $13.8M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004530 | −0.220% | $17.8M | $19.0M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004530 | −0.220% | — | $14.3M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004527 | −0.289% | $812K | $204K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004534 | −0.133% | $67K | $3.2M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004527 | −0.286% | $1.3M | $10.6M | 10x | as long as short |
| ApeX Omni PUMPUSDTlong | +0.0100% | 1h | 0.004540 | long leg | $153K | $742K | 50x | |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004532 | −0.176% | $107K | $2.2M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004530 | −0.220% | $42K | $2K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004528 | −0.270% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004529 | −0.242% | $2K | $771K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004529 | −0.242% | $256 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004522 | −0.396% | $22K | $74K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004529 | −0.242% | $1.9M | $3.9M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004532 | −0.182% | $43K | $276 | 5x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004530 | −0.214% | $3.8M | $3.7M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004527 | −0.286% | $67K | $10K | 3x | as long as short |
| Hyperliquid PUMP | +0.0161% | 1h | 0.004533 | −0.154% | $169.1M | $49.6M | 10x | as long as short |
| Nado PUMP-PERP | +0.0171% | 1h | 0.004531 | −0.187% | $1.7M | $2.1M | 10x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0192% | 1h | 0.004531 | −0.198% | $69K | $116K | 25x | as long as short |
| 01 Exchange PUMPUSD | +0.0256% | 1h | 0.004533 | −0.154% | $6K | $600 | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0279% | 1h | 0.004543 | +0.066% | $38K | $204K | 12x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0304% / S −0.0274% | 1h | 0.004528 | −0.264% | $65K | — | 100x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004533 | −0.154% | $3.8M | $4.7M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004528 | −0.270% | $2 | — | 3x | as long as short |
| Phoenix PUMP | +0.0410% | 1h | 0.004532 | −0.172% | $47K | $139K | 10x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0444% | 1h | 0.004531 | −0.193% | $1.1M | $3.5M | 50x | as long as short |
| Coinbase International PUMP-PERP-INTXshort | +0.0536% | 1h | 0.004535 | −0.110% | $732K | $6.0M | 50x | |
| RISEx PUMP/USDC | +0.0784% | 1h | 0.004532 | −0.176% | $537K | $1.1M | 10x | as long as short |
| Aftermath Perps PUMPUSD | +0.0898% | 1h | 0.004528 | −0.260% | $501 | $111K | 10x | as long as short |
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
Polymarket Perps PUMP-USD
Orderly PERP_PUMP_USDC
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Extended PUMP-USD
Aevo PUMP-PERP
Hyperliquid PUMP
Nado PUMP-PERP
Deribit PUMP_USDC-PERPETUAL
01 Exchange PUMPUSD
Injective PUMP/USDC PERP
GMX PUMP/USD [WBTC.b-USDC]
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Phoenix PUMP
Kraken Futures PF_PUMPUSD
RISEx PUMP/USDC
Aftermath Perps PUMPUSD