Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0776%/8h= +85.0% APRnext payment +$0.97 per $10,000 · paid last 24h −0.276%
Price spread now: Injective against Nado+0.056%109s7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.931% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.583%−$58 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now +0.056%, 7d avg −0.075%
Together, before fees−0.491%+ Points / potential airdropNado: Active · farm board−$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Injective is 0.132% dearer against Nado than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.075%. Mind the row above: over the last 3 days funding on this pair cost −0.583%, so the current rate has only just turned in your favour. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado PUMP-PERP0.0044520.0103pay 0.0013% / 1h11m 27s$1.7M$2.0M10x
ShortInjective PUMP/USDC PERP0.0044550.0880get 0.0110% / 1h11m 27s$39K$204K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Nado. 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

Funding earned
$163.01
Price spread: +0.056% → −0.075%
$13.16
Slippage, 4 orders
−$86.1
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$83.05
Costs to cover
0.931%
Break-even
3.4 days
Slippage from Nado: live order book, 2 min ago; Injective: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 2 min ago2.24 bp7.5 bp −$817.0 bp −$170doesn't fitdoesn't fit
Sell Injective live order book, 52 min ago17.81 bp27.0 bp −$27doesn't fitdoesn't fitdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl PUMP−0.0112%43m0.004448−0.101%$18K$230K20xas long as short
dYdX PUMP-USD−0.0008%1h0.004453+0.014%$20K$9K5xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004453+0.011%$71K$124K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004451−0.025%$54K150xas long as short
Lighter PUMP+0.0096%1h0.004453+0.011%$2.8M$5.5M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−1.179%$31K$789K20xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004450−0.056%$42K$10K10xas long as short
Aster PUMPUSDT+0.0100%4h0.004451−0.041%$700K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004452−0.011%$487K$783K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004451−0.034%$80.9M$170.6M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PUMP-USDT-SWAP+0.0100%4h0.004449−0.079%$24.3M$97.9M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004449−0.079%$37K$190K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004454+0.034%$60K$86K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004449−0.079%$4.9M$11.3M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004454+0.034%$23.7M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004449−0.079%$17.7M$20.0M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004451−0.034%$12.9Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004451−0.029%$790K$189K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004461+0.181%$65K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004458+0.124%$1.2M$10.6M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004462+0.213%$149K$751K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004454+0.034%$107K$2.1M10xas long as short
Derive PUMP-PERP+0.0100%1h0.0044530.000%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004458+0.124%$2K$755K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004452−0.011%$279$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004449−0.079%$21K$118K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004457+0.101%$2.0M$4.0M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004452−0.022%$42K$2765xas long as short
Nado PUMP-PERPlong+0.0103%1h0.004452long leg$1.7M$2.0M10x
Aevo PUMP-PERP+0.0104%1h0.004450−0.056%$71K$11K3xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0191% / S −0.0050%1h0.004449−0.079%$60K100xas long as short
Extended PUMP-USD+0.0264%1h0.004450−0.048%$3.9M$4.3M50xas long as short
01 Exchange PUMPUSD+0.0288%1h0.004455+0.056%$6K$72710xas long as short
Phoenix PUMP+0.0321%1h0.004468+0.348%$43K$103K10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004461+0.191%$3.7M$4.5M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004450−0.062%$23xas long as short
Coinbase International PUMP-PERP-INTX+0.0448%1h0.004469+0.371%$707K$6.0M50xas long as short
Hyperliquid PUMP+0.0481%1h0.004455+0.056%$166.6M$55.9M10xas long as short
RISEx PUMP/USDC+0.0544%1h0.004455+0.045%$530K$998K10xas long as short
Aftermath Perps PUMPUSD+0.0879%1h0.004464+0.269%$590$117K10xas long as short
Injective PUMP/USDC PERPshort+0.0880%1h0.004455+0.056%$39K$204K12x
Kraken Futures PF_PUMPUSD+0.1343%1h0.004455+0.062%$1.1M$3.3M50xas long as short