PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.019%

Price spread now: Deribit against ApeX Omni+0.270%74s7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$530.525% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.263%−$26 on $10k

Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.270%, 7d avg −0.045%

Together, before fees−0.431%−$43 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.314% dearer against ApeX Omni than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of −0.045%. Mind the row above: over the last 7 days funding on this pair cost −0.263%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PUMPUSDT	0.004450	0.0100	pay 0.0013% / 1h	33m 37s	$150K	$747K	50x
Short	Deribit PUMP_USDC-PERPETUAL	0.004462	0.0198	get 0.0025% / 1h	33m 37s	$69K	$115K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 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 ApeX OmnibpFee DeribitbpOrdersPrice spread, now +0.270%Rate

Funding earned: $20.58
Price spread: +0.270% → −0.045%: $31.43
Slippage, 4 orders: −$35.55
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$0.53
Costs to cover: 0.525%
Break-even: 7.2 days

Slippage from ApeX Omni: live order book, 15 min ago; Deribit: live order book, 10 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, 15 min ago	5.56 bp	14.0 bp −$14	102.4 bp −$1,024	doesn't fit	doesn't fit
Sell Deribit live order book, 10 min ago	7.82 bp	13.5 bp −$14	doesn't fit	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	−0.0015%	1h	0.004455	+0.119%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004464	+0.315%	$18K	$241K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004463	+0.292%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0086%	4h	0.004452	+0.045%	$4.9M	$10.4M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004456	+0.135%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.124%	$30K	$629K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004465	+0.348%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004456	+0.132%	$710K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004455	+0.112%	$536K	$767K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004455	+0.123%	$81.9M	$166.5M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004456	+0.135%	$24.4M	$94.6M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004467	+0.373%	$31K	$167K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004463	+0.292%	$65K	$103K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004458	+0.180%	$23.9M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004455	+0.112%	$17.7M	$18.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004456	+0.135%	—	$13.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004462	+0.267%	$803K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004443	−0.149%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004450	−0.002%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDTlong	+0.0100%	1h	0.004450	long leg	$150K	$747K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004465	+0.337%	$111K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004462	+0.270%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004460	+0.235%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004463	+0.292%	$2K	$745K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004463	+0.292%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004464	+0.315%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004459	+0.202%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004457	+0.164%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004458	+0.180%	$66K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0104%	8h	0.004456	+0.133%	$42K	$276	5x	as long as short
Deribit PUMP_USDC-PERPETUALshort	+0.0198%	1h	0.004462	+0.270%	$69K	$115K	25x
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004462	+0.270%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004462	+0.270%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004493	+0.966%	$3.8M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004463	+0.288%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004438	−0.279%	$45K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004469	+0.427%	$717K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0492%	1h	0.004459	+0.202%	$166.8M	$49.1M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004496	+1.034%	$38K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004463	+0.285%	$530K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0820%	1h	0.004463	+0.283%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1103%	1h	0.004464	+0.315%	$517	$104K	10x	as long as short