Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.013%

Price spread now: gTrade (Gains Network) against Orderly−0.046%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 gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.046% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_PUMP_USDC	0.004523	0.0100	pay 0.0050% / 4h	3h 30m	$42K	$2K	10x
Short	gTrade (Gains Network) PUMP/USD	0.004521	L +0.0003% / S −0.0002%	get 0.0000% / 1h	30m 09s	$55K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.046%Rate

Funding earned: −$20.51
Price spread: −0.046% → 0.000%: −$4.62
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$41.13
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

Orderly and gTrade (Gains Network): 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
Gate PUMP_USDT	−0.0126%	4h	0.004507	−0.354%	$4.8M	$10.0M	75x	as long as short
dYdX PUMP-USD	−0.0035%	1h	0.004504	−0.415%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004523	0.000%	$18K	$268K	20x	as long as short
gTrade (Gains Network) PUMP/USDshort	L +0.0003% / S −0.0002%	1h	0.004521	−0.046%	$55K	—	150x
Lighter PUMP	+0.0096%	1h	0.004526	+0.066%	$2.9M	$4.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.509%	$35K	$674K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004522	−0.017%	$854K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004505	−0.398%	$516K	$886K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004523	0.000%	$82.6M	$176.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004519	−0.088%	$24.9M	$103.5M	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	0.004533	+0.230%	$27K	$157K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004508	−0.332%	$50K	$140K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004508	−0.332%	$24.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004522	−0.022%	$17.5M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004521	−0.044%	—	$14.5M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004504	−0.418%	$808K	$214K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004525	+0.053%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004539	+0.355%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004524	+0.022%	$161K	$749K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004506	−0.376%	$106K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDClong	+0.0100%	4h	0.004523	long leg	$42K	$2K	10x
Derive PUMP-PERP	+0.0100%	1h	0.004504	−0.420%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004522	−0.022%	$2K	$788K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004503	−0.442%	$256	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004510	−0.287%	$23K	$127K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004522	−0.022%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004507	−0.356%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004522	−0.015%	$3.7M	$3.9M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004522	−0.022%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0137%	1h	0.004509	−0.310%	$168.0M	$51.6M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004520	−0.066%	$64K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0328%	1h	0.004507	−0.354%	$6K	$600	10x	as long as short
Phoenix PUMP	+0.0332%	1h	0.004546	+0.515%	$44K	$146K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004505	−0.398%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004524	+0.017%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	+1.304%	$38K	$204K	12x	as long as short
Nado PUMP-PERP	+0.0367%	1h	0.004506	−0.365%	$1.6M	$2.2M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0413%	1h	0.004525	+0.044%	$69K	$116K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004525	+0.044%	$749K	$6.2M	50x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004508	−0.332%	$525K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0818%	1h	0.004527	+0.098%	$1.1M	$3.6M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0970%	1h	0.004528	+0.101%	$501	$110K	10x	as long as short