PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0471%/8h= −51.6% APRnext payment −$0.59 per $10,000 · paid last 24h +0.197%

Price spread now: Ondo Perps against Injective−0.948%7-day average +0.043% · you buy dearer than you sell

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

Long on Injective Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+1.231%+$123 on $10k

Price spread, last 4 days (all we have)+0.774%+$77 · spread now −0.948%, 7d avg +0.043%

Together, before fees+2.005%+ Points / potential airdropOndo Perps: Active · farm board+$200 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Ondo Perps is 0.991% cheaper against Injective than usual: you would sell low and buy high (−$99 if the spread goes back to its 7-day average of +0.043%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.231%, 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	0.004496	0.0571	pay 0.0071% / 1h	35m 20s	$38K	$204K	12x
Short	Ondo Perps PUMP-USD.P	0.004453	0.0100	get 0.0013% / 1h	35m 20s	$31K	$166K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.948%Rate

Funding earned: −$98.86
Price spread: −0.948% → +0.043%: −$99.06
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$202.94
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Injective: live order book, 14 min ago; Ondo Perps: 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 Injective live order book, 14 min ago	16.72 bp	52.0 bp −$52	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.0016%	1h	0.004494	−0.037%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004497	+0.022%	$18K	$242K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004499	+0.067%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004498	+0.044%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.135%	$29K	$623K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004500	+0.100%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004495	−0.015%	$716K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004495	−0.022%	$541K	$767K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004495	−0.015%	$82.6M	$166.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004488	−0.178%	$24.6M	$95.3M	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.Pshort	+0.0100%	1h	0.004453	−0.948%	$31K	$166K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004493	−0.067%	$65K	$101K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004498	+0.044%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004502	+0.133%	$24.1M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004499	+0.067%	$17.9M	$18.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004501	+0.111%	—	$13.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004449	−1.041%	$801K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004443	−1.170%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004450	−1.025%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004450	−1.023%	$150K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004502	+0.133%	$112K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004499	+0.067%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004496	+0.010%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004496	0.000%	$2K	$742K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004496	0.000%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004491	−0.111%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004493	−0.067%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004497	+0.029%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004496	0.000%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0104%	8h	0.004497	+0.028%	$43K	$276	5x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004497	+0.022%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0312%	1h	0.004502	+0.133%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004493	−0.067%	$3.8M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004503	+0.152%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004438	−1.299%	$45K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004504	+0.178%	$725K	$5.6M	50x	as long as short
Hyperliquid PUMP	+0.0515%	1h	0.004506	+0.222%	$168.5M	$49.0M	10x	as long as short
Injective PUMP/USDC PERPlong	+0.0571%	1h	0.004496	long leg	$38K	$204K	12x
Deribit PUMP_USDC-PERPETUAL	+0.0639%	1h	0.004502	+0.133%	$70K	$115K	25x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004494	−0.047%	$534K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0814%	1h	0.004497	+0.015%	$1.1M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1057%	1h	0.004462	−0.756%	$715	$104K	10x	as long as short