PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.019%

Price spread now: Nado against Deribit+0.124%46s7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$410.410% of the position

Long on Deribit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.092%+$9 on $10k

Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.124%, 7d avg −0.014%

Together, before fees−0.061%+ Points / potential airdropNado: Active · farm board−$6 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 Nado is 0.138% dearer against Deribit than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.014%. The two prices were read 46 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	Deribit PUMP_USDC-PERPETUAL	0.004434	0	get 0.0000% / 1h	31m 26s	$69K	$115K	25x
Short	Nado PUMP-PERP	0.004439	0.0100	get 0.0012% / 1h	31m 26s	$1.6M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.124%Rate

Funding earned: $21
Price spread: +0.124% → −0.014%: $13.82
Slippage, 4 orders: −$27
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$6.18
Costs to cover: 0.410%
Break-even: 9.1 days

Slippage from Deribit: live order book, 12 min ago; Nado: live order book, 2 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, 12 min ago	7.82 bp	11.3 bp −$11	23.9 bp −$239	doesn't fit	doesn't fit
Sell Nado live order book, 2 min ago	2.24 bp	7.4 bp −$7	23.4 bp −$234	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	−0.0014%	1h	0.004436	+0.045%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004434	0.000%	$19K	$244K	20x	as long as short
Deribit PUMP_USDC-PERPETUALlong	0.0000%	1h	0.004434	long leg	$69K	$115K	25x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004433	−0.025%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004441	+0.158%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.767%	$29K	$637K	20x	as long as short
Nado PUMP-PERPshort	+0.0100%	1h	0.004439	+0.124%	$1.6M	$2.0M	10x
Aster PUMPUSDT	+0.0100%	4h	0.004439	+0.113%	$706K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004441	+0.158%	$534K	$767K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004439	+0.115%	$81.6M	$167.0M	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	0.004436	+0.045%	$24.3M	$94.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004452	+0.410%	$26K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004442	+0.180%	$64K	$103K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004437	+0.068%	$4.9M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004440	+0.135%	$23.8M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004437	+0.068%	$17.6M	$18.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004437	+0.068%	—	$13.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004433	−0.029%	$798K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004455	+0.469%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004456	+0.494%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004457	+0.519%	$150K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004439	+0.113%	$113K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004433	−0.023%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004432	−0.048%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004433	−0.023%	$2K	$747K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004433	−0.023%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004435	+0.023%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004432	−0.045%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004440	+0.142%	$3.8M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004431	−0.068%	$66K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0104%	8h	0.004442	+0.183%	$42K	$276	5x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0200%	1h	0.004433	−0.023%	$53K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004443	+0.203%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004459	+0.564%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004437	+0.064%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004460	+0.593%	$45K	$119K	10x	as long as short
Hyperliquid PUMP	+0.0466%	1h	0.004441	+0.158%	$165.5M	$49.6M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004441	+0.158%	$705K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004463	+0.654%	$38K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004444	+0.230%	$528K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0826%	1h	0.004432	−0.049%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1095%	1h	0.004458	+0.535%	$516	$106K	10x	as long as short