PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.024%

Price spread now: ApeX Omni against Deribit+0.563%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1as in the Price arb table

costs, in and out, $10k−$540.537% of the position

Long on Deribit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.269%+$27 on $10k

Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.563%, 7d avg +0.039%

Together, before fees+0.159%+$16 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 ApeX Omni is 0.525% dearer against Deribit than usual: you sell high and buy low: +$52 more if the spread goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit PUMP_USDC-PERPETUAL	0.004437	0	get 0.0000% / 1h	8m 25s	$70K	$124K	25x
Short	ApeX Omni PUMPUSDT	0.004462	0.0100	get 0.0013% / 1h	8m 25s	$149K	$751K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Deribit. 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 DeribitbpFee ApeX OmnibpOrdersPrice spread, now +0.563%Rate

Funding earned: $21
Price spread: +0.563% → +0.039%: $52.47
Slippage, 4 orders: −$36.66
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $19.81
Costs to cover: 0.537%
Break-even: 0.4 days

Slippage from Deribit: live order book, 50 min ago; ApeX Omni: live order book, 55 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 Deribit live order book, 50 min ago	6.70 bp	10.2 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 55 min ago	5.56 bp	13.4 bp −$13	88.3 bp −$883	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
Perpl PUMP	−0.0112%	43m	0.004428	−0.203%	$18K	$231K	20x	as long as short
dYdX PUMP-USD	−0.0007%	1h	0.004431	−0.132%	$20K	$9K	5x	as long as short
Deribit PUMP_USDC-PERPETUALlong	0.0000%	1h	0.004437	long leg	$70K	$124K	25x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004428	−0.197%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004432	−0.113%	$2.8M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.834%	$31K	$789K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004427	−0.225%	$696K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004430	−0.158%	$482K	$786K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004429	−0.180%	$80.4M	$170.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004429	−0.180%	$24.1M	$97.7M	50x	as long as short

Show 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	0.004432	−0.104%	$37K	$190K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004433	−0.090%	$60K	$86K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004427	−0.225%	$4.9M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004431	−0.135%	$23.6M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004427	−0.225%	$17.6M	$20.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004428	−0.203%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004435	−0.041%	$787K	$189K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004451	+0.312%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004451	+0.309%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDTshort	+0.0100%	1h	0.004462	+0.563%	$149K	$751K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004432	−0.113%	$106K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004429	−0.180%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004436	−0.011%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004434	−0.068%	$2K	$755K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004436	−0.023%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004430	−0.158%	$21K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004435	−0.045%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004435	−0.034%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004426	−0.248%	$71K	$11K	3x	as long as short
Nado PUMP-PERP	+0.0111%	1h	0.004428	−0.192%	$1.7M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004428	−0.203%	$60K	—	100x	as long as short
Extended PUMP-USD	+0.0256%	1h	0.004427	−0.218%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004434	−0.068%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004468	+0.699%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004438	+0.023%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004428	−0.210%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004452	+0.338%	$697K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0468%	1h	0.004436	−0.023%	$165.8M	$55.8M	10x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004434	−0.075%	$527K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004455	+0.406%	$39K	$204K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0880%	1h	0.004453	+0.371%	$588	$116K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1348%	1h	0.004437	+0.007%	$1.1M	$3.3M	50x	as long as short