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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0664%/8h= −72.8% APRnext payment $0.83 per $10,000 · paid last 24h −0.069%
Price spread now: Ondo Perps against RISEx−0.209%7-day average −0.067% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.223%−$22 on $10k
Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.209%, 7d avg −0.067%
Together, before fees−0.119%+ Points / potential airdropOndo Perps: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Ondo Perps is 0.142% cheaper against RISEx than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.067%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.223% in total (about -22.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx PUMP/USDC0.0045280.0764pay 0.0096% / 1h9m 27s$540K$1.1M10x
ShortOndo Perps PUMP-USD.P0.0045190.0100get 0.0013% / 1h9m 27s$27K$156K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against RISEx. 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
−$139.53
Price spread: −0.209% → −0.067%
−$14.23
Slippage, 4 orders
no order book: not counted
Fee RISEx: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$164.76
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: RISEx: live order book, 4 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
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 4 min ago3.32 bp6.3 bp −$611.7 bp −$117doesn't fitdoesn'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 41 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
dYdX PUMP-USD−0.0006%1h0.004522−0.138%$21K$11K5xas long as short
Perpl PUMP0.0000%43m0.004528−0.006%$18K$267K20xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004528−0.009%$56K150xas long as short
Gate PUMP_USDT+0.0088%4h0.004527−0.028%$5.0M$10.5M75xas long as short
Lighter PUMP+0.0096%1h0.004526−0.050%$2.9M$4.7M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004500−0.624%$29K$642K20xas long as short
Aster PUMPUSDT+0.0100%4h0.004528+0.001%$829K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004525−0.072%$534K$859K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004529+0.018%$83.0M$172.1M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004527−0.028%$24.9M$98.7M50xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps PUMP-USD.Pshort+0.0100%1h0.004519−0.209%$27K$156K5x
Arcus PUMP-USD+0.0100%1h0.004528−0.006%$65K$100K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004531+0.061%$24.4M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004529+0.016%$17.8M$19.2M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004526−0.050%$14.2Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004527−0.023%$810K$199K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004518−0.227%$66K$3.2M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004533+0.097%$1.3M$10.5M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004537+0.193%$153K$745K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004532+0.083%$107K$2.2M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004528−0.006%$43K$2K10xas long as short
SunX PUMP-USDT+0.0100%4h0.004529+0.016%$2K$769K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004529+0.016%$284$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004526−0.050%$22K$83K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004529+0.016%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0103%8h0.004526−0.060%$43K$2765xas long as short
Extended PUMP-USD+0.0104%1h0.004526−0.045%$3.8M$3.7M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004526−0.050%$67K$10K3xas long as short
Nado PUMP-PERP+0.0211%1h0.004531+0.055%$1.6M$2.1M10xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0303% / S −0.0274%1h0.004527−0.028%$65K100xas long as short
01 Exchange PUMPUSD+0.0320%1h0.004531+0.061%$6K$60010xas long as short
BloFin PUMP-USDT+0.0340%4h0.004537+0.193%$3.8M$4.7M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004535+0.143%$23xas long as short
Phoenix PUMP+0.0405%1h0.004538+0.226%$48K$139K10xas long as short
Deribit PUMP_USDC-PERPETUAL+0.0413%1h0.004530+0.039%$69K$116K25xas long as short
Hyperliquid PUMP+0.0506%1h0.004534+0.127%$169.4M$50.9M10xas long as short
Coinbase International PUMP-PERP-INTX+0.0528%1h0.004534+0.127%$731K$5.9M50xas long as short
Kraken Futures PF_PUMPUSD+0.0545%1h0.004531+0.066%$1.1M$3.5M50xas long as short
Injective PUMP/USDC PERP+0.0564%1h0.004527−0.028%$38K$205K12xas long as short
RISEx PUMP/USDClong+0.0764%1h0.004528long leg$540K$1.1M10x
Aftermath Perps PUMPUSD+0.1022%1h0.004531+0.057%$501$112K10xas long as short