PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0352%/8h= −38.6% APRnext payment −$0.44 per $10,000 · paid last 24h +0.171%

Price spread now: Nado against Injective−0.364%7-day average +0.068% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$135as in the Price arb table

costs, in and out, $10k−$920.915% of the position

Long on Injective Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.556%+$56 on $10k

Price spread, last 4 days (all we have)+0.244%+$24 · spread now −0.364%, 7d avg +0.068%

Together, before fees+0.800%+ Points / potential airdropNado: Active · farm board+$80 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Nado is 0.433% cheaper against Injective than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of +0.068%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.556%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PUMP/USDC PERP	0.004530	0.0564	pay 0.0070% / 1h	5m 11s	$38K	$205K	12x
Short	Nado PUMP-PERP	0.004513	0.0211	get 0.0026% / 1h	5m 11s	$1.6M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Injective. 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 InjectivebpFee NadobpOrdersPrice spread, now −0.364%Rate

Funding earned: −$74.01
Price spread: −0.364% → +0.068%: −$43.27
Slippage, 4 orders: −$84.49
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$208.8
Costs to cover: 0.915%
Break-even: never at this rate

Slippage from Injective: live order book, 39 min ago; Nado: live order book, 4 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 Injective live order book, 39 min ago	9.90 bp	56.3 bp −$56	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 4 min ago	1.10 bp	7.4 bp −$7	20.7 bp −$207	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	−0.0005%	1h	0.004511	−0.415%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004530	0.000%	$18K	$268K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004510	−0.442%	$69K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004508	−0.484%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0074%	4h	0.004508	−0.486%	$5.0M	$10.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004510	−0.442%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.662%	$29K	$647K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004508	−0.494%	$825K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004514	−0.353%	$532K	$859K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004508	−0.494%	$82.6M	$172.1M	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	0.004505	−0.552%	$24.8M	$98.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004523	−0.152%	$27K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004514	−0.353%	$65K	$100K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004509	−0.464%	$24.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004507	−0.508%	$17.7M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004506	−0.530%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004508	−0.497%	$807K	$200K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004528	−0.052%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004528	−0.047%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004530	0.000%	$153K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004513	−0.375%	$105K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004510	−0.442%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004528	−0.050%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004509	−0.464%	$2K	$769K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004508	−0.486%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004501	−0.640%	$21K	$83K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004510	−0.442%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004514	−0.346%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004508	−0.481%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004508	−0.486%	$67K	$10K	3x	as long as short
Nado PUMP-PERPshort	+0.0211%	1h	0.004513	−0.364%	$1.6M	$2.1M	10x
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004508	−0.486%	$65K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004513	−0.375%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004510	−0.442%	$3.8M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004510	−0.447%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004538	+0.188%	$48K	$139K	10x	as long as short
Hyperliquid PUMP	+0.0498%	1h	0.004516	−0.309%	$168.8M	$51.1M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004519	−0.243%	$728K	$5.9M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0547%	1h	0.004509	−0.471%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERPlong	+0.0564%	1h	0.004530	long leg	$38K	$205K	12x
RISEx PUMP/USDC	+0.0764%	1h	0.004514	−0.353%	$538K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1012%	1h	0.004524	−0.143%	$500	$112K	10x	as long as short