Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.305%

Price spread now: dYdX against Orderly−0.003%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_PUMP_USDC	0.004435	0.0100	pay 0.0050% / 4h	1h 09m	$41K	$10K	10x
Short	dYdX PUMP-USD	0.004435	−0.0008	pay 0.0001% / 1h	9m 22s	$20K	$9K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Orderly. 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 OrderlybpFee dYdXbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$22.6
Price spread: −0.003% → 0.000%: −$0.35
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$38.95
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; dYdX: 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 Orderly no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

Orderly and dYdX: 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
Perpl PUMP	−0.0112%	43m	0.004433	−0.045%	$18K	$230K	20x	as long as short
dYdX PUMP-USDshort	−0.0008%	1h	0.004435	−0.003%	$20K	$9K	5x
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004437	+0.045%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004436	+0.020%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004437	+0.045%	$2.8M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.789%	$31K	$789K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004432	−0.068%	$697K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004434	−0.023%	$482K	$786K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004436	+0.034%	$80.7M	$170.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004436	+0.023%	$24.2M	$97.8M	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	0.004449	+0.316%	$37K	$190K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004436	+0.023%	$60K	$86K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004431	−0.090%	$4.9M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004438	+0.068%	$23.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004435	0.000%	$17.6M	$20.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004433	−0.045%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004444	+0.207%	$788K	$189K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004451	+0.357%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004451	+0.355%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004462	+0.609%	$149K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004437	+0.045%	$107K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDClong	+0.0100%	4h	0.004435	long leg	$41K	$10K	10x
Derive PUMP-PERP	+0.0100%	1h	0.004436	+0.034%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004434	−0.023%	$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	−0.113%	$21K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004435	0.000%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004434	−0.022%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004434	−0.023%	$71K	$11K	3x	as long as short
Nado PUMP-PERP	+0.0111%	1h	0.004436	+0.034%	$1.7M	$2.0M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004434	−0.023%	$60K	—	100x	as long as short
Extended PUMP-USD	+0.0256%	1h	0.004435	+0.008%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004438	+0.068%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004468	+0.744%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004438	+0.068%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004434	−0.031%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004452	+0.383%	$697K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0471%	1h	0.004440	+0.113%	$166.0M	$55.7M	10x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004437	+0.034%	$527K	$1.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0879%	1h	0.004458	+0.510%	$589	$116K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004455	+0.451%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1348%	1h	0.004437	+0.052%	$1.1M	$3.3M	50x	as long as short