PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0444%/8h= −48.6% APRnext payment −$0.55 per $10,000 · paid last 24h −0.052%

Price spread now: Derive against Coinbase International−0.083%183s7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on Derive

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 −$13 a day on $10k at the current rate, and Derive is 0.083% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 183 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	Coinbase International PUMP-PERP-INTX	0.004565	0.0544	pay 0.0068% / 1h	53m 34s	$741K	$6.2M	50x
Short	Derive PUMP-PERP	0.004561	0.0100	get 0.0013% / 1h	53m 34s	$5K	$13K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Coinbase International. 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 Coinbase InternationalbpFee DerivebpOrdersPrice spread, now −0.083%Rate

Funding earned: −$93.24
Price spread: −0.083% → 0.000%: −$8.28
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Derive: 3 bp × 2 orders: −$6
Net: −$117.52
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 5 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 5 min ago	5.47 bp	14.3 bp −$14	20.1 bp −$201	doesn't fit	doesn'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 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	0.004550	−0.329%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004553	−0.263%	$18K	$270K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004549	−0.356%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004557	−0.175%	$3.0M	$4.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.424%	$29K	$661K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004551	−0.299%	$859K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004554	−0.241%	$522K	$879K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004554	−0.239%	$83.4M	$176.5M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004553	−0.263%	$25.0M	$104.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004553	−0.258%	$27K	$163K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004558	−0.153%	$50K	$140K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004547	−0.394%	$4.9M	$9.9M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004555	−0.219%	$24.6M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004553	−0.263%	$17.8M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004553	−0.263%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004551	−0.311%	$818K	$212K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004571	+0.130%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004568	+0.058%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004568	+0.066%	$163K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004555	−0.219%	$107K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004552	−0.285%	$43K	$2K	10x	as long as short
Derive PUMP-PERPshort	+0.0100%	1h	0.004561	−0.083%	$5K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004552	−0.285%	$1K	$787K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004550	−0.329%	$259	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004547	−0.394%	$25K	$121K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004553	−0.263%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004555	−0.215%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004553	−0.257%	$3.8M	$3.9M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004549	−0.350%	$67K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004552	−0.285%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004549	−0.350%	$3.4M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004556	−0.202%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	+0.372%	$38K	$204K	12x	as long as short
01 Exchange PUMPUSD	+0.0392%	1h	0.004559	−0.131%	$6K	$600	10x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004563	−0.039%	$44K	$146K	10x	as long as short
Hyperliquid PUMP	+0.0413%	1h	0.004556	−0.197%	$170.4M	$51.1M	10x	as long as short
Nado PUMP-PERP	+0.0477%	1h	0.004553	−0.252%	$1.7M	$2.2M	10x	as long as short
Coinbase International PUMP-PERP-INTXlong	+0.0544%	1h	0.004565	long leg	$741K	$6.2M	50x
Deribit PUMP_USDC-PERPETUAL	+0.0629%	1h	0.004554	−0.241%	$70K	$116K	25x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004558	−0.153%	$532K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0814%	1h	0.004553	−0.266%	$1.1M	$3.6M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1019%	1h	0.004562	−0.063%	$642	$112K	10x	as long as short