Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0109%/8h= −11.9% APRpaid last 24h −0.013%

Price spread now: Orderly against Pacifica+0.023%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Orderly

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—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

The price spread pays, funding is against you. Orderly is 0.023% dearer against Pacifica than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica PUMP	0.004303	0.0100	pay 0.0013% / 1h	23m 44s	$447K	$621K	10x
Short	Orderly PERP_PUMP_USDC	0.004304	−0.0009	pay 0.0004% / 4h	3h 23m	$40K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Pacifica. 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 PacificabpFee OrderlybpOrdersPrice spread, now +0.023%Rate

Funding earned: −$22.81
Price spread: +0.023% → 0.000%: $2.32
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$34.48
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 5 min ago; Orderly: 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 Pacifica live order book, 5 min ago	3.48 bp	7.7 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.6704%	1h	0.004310	+0.162%	$20K	$8K	5x	as long as short
Injective PUMP/USDC PERP	−0.0219%	1h	0.004323	+0.465%	$38K	$207K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	−0.0214%	1h	0.004304	+0.023%	$69K	$125K	25x	as long as short
Orderly PERP_PUMP_USDCshort	−0.0009%	4h	0.004304	+0.023%	$40K	$10K	10x
Perpl PUMP	0.0000%	43m	0.004303	0.000%	$19K	$200K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004305	+0.044%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0004%	4h	0.004303	0.000%	$4.6M	$11.7M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0012%	4h	0.004299	−0.093%	$22.6M	$95.4M	50x	as long as short
01 Exchange PUMPUSD	+0.0064%	1h	0.004305	+0.046%	$6K	$497	10x	as long as short
Backpack PUMP_USDC_PERP	+0.0074%	1h	0.004303	+0.002%	$768K	$187K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter PUMP	+0.0096%	1h	0.004302	−0.023%	$2.9M	$5.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.070%	$28K	$786K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004301	−0.039%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004301	−0.035%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004302	−0.023%	$771K	$2.1M	50x	as long as short
Pacifica PUMPlong	+0.0100%	1h	0.004303	long leg	$447K	$621K	10x
Binance PUMPUSDT	+0.0100%	4h	0.004301	−0.046%	$76.4M	$168.5M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004314	+0.265%	$20K	$182K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004301	−0.046%	$41K	$57K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004304	+0.023%	$22.8M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004299	−0.093%	$17.1M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004303	0.000%	—	$13.3M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004317	+0.327%	$63K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004313	+0.228%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004316	+0.302%	$136K	$775K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004305	+0.046%	$110K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004305	+0.041%	$4K	$14K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004305	+0.046%	$2K	$716K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004303	0.000%	$270	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004306	+0.070%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004303	0.000%	$2.0M	$4.1M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004299	−0.091%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004302	−0.023%	$71K	$18K	3x	as long as short
Hyperliquid PUMP	+0.0133%	1h	0.004309	+0.139%	$157.7M	$52.7M	10x	as long as short
RISEx PUMP/USDC	+0.0141%	1h	0.004305	+0.046%	$491K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0167%	1h	0.004319	+0.379%	$39K	$100K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0192%	1h	0.004315	+0.279%	$654K	$5.5M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0265%	1h	0.004316	+0.306%	$200	$109K	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0222%	1h	0.004304	+0.023%	$66K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004305	+0.046%	$3.4M	$3.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004301	−0.035%	$2	—	3x	as long as short
Kraken Futures PF_PUMPUSD	+0.0696%	1h	0.004308	+0.126%	$1.3M	$3.5M	50x	as long as short