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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0285%/8h= +31.2% APRnext payment +$0.36 per $10,000 · paid last 24h +0.003%
Price spread now: Nado against ApeX Omni−0.230%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$500.500% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.483%+$48 · spread now −0.230%, 7d avg −0.054%
Together, before fees+0.487%+ Points / potential airdropNado: Active · farm board+$49 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.176% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.230% now, against its 7-day average of −0.054%). If the spread goes back, that is −$18 on $10k: about 2.1 days of funding at the current rate (+$9 a day). At the pace of the last 4 days (+0.004% in total) that is about 6 months.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.004% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.36 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
LongApeX Omni PUMPUSDT0.0045560.0100pay 0.0013% / 1h34m 36s$162K$748K50x
ShortNado PUMP-PERP0.0045450.0385get 0.0048% / 1h34m 36s$1.7M$2.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against ApeX Omni. 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
$59.76
Price spread: −0.230% → −0.054%
−$17.61
Slippage, 4 orders
−$32.99
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$7.84
Costs to cover
0.500%
Break-even
7.9 days
Slippage from ApeX Omni: live order book, 64 min ago; Nado: live order book, 4 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 ApeX Omni live order book, 64 min ago8.91 bp17.9 bp −$18119.0 bp −$1,190doesn't fitdoesn't fit
Sell Nado live order book, 4 min ago2.20 bp7.2 bp −$720.6 bp −$206doesn'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
Gate PUMP_USDT−0.0046%4h0.004531−0.549%$4.9M$10.0M75xas long as short
dYdX PUMP-USD−0.0040%1h0.004534−0.478%$21K$11K5xas long as short
Perpl PUMP0.0000%43m0.004541−0.329%$18K$267K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004541−0.329%$70K$116K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004540−0.354%$55K150xas long as short
Lighter PUMP+0.0096%1h0.004538−0.395%$2.9M$4.4M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004500−1.229%$29K$667K20xas long as short
Aster PUMPUSDT+0.0100%4h0.004536−0.439%$857K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004536−0.439%$520K$886K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004539−0.380%$83.0M$176.4M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PUMP-USDT-SWAP+0.0100%4h0.004539−0.373%$25.0M$103.4M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004541−0.325%$27K$163K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004538−0.395%$50K$140K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004535−0.461%$24.6M$13.8M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004539−0.373%$17.8M$19.1M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004535−0.461%$14.5Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004539−0.378%$814K$213K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004544−0.270%$67K$3.2M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004543−0.285%$1.3M$10.9M10xas long as short
ApeX Omni PUMPUSDTlong+0.0100%1h0.004556long leg$162K$748K50x
Polymarket Perps PUMP-USD+0.0100%1h0.004542−0.307%$107K$2.3M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004539−0.373%$42K$2K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004542−0.315%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004537−0.417%$2K$787K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004540−0.351%$255$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004542−0.307%$23K$124K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004540−0.351%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0102%8h0.004535−0.468%$43K$2765xas long as short
Extended PUMP-USD+0.0104%1h0.004535−0.454%$3.7M$3.9M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004537−0.417%$67K$10K3xas long as short
Hyperliquid PUMP+0.0182%1h0.004540−0.351%$169.6M$51.2M10xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0304% / S −0.0274%1h0.004538−0.395%$65K100xas long as short
Phoenix PUMP+0.0332%1h0.004556+0.007%$44K$146K10xas long as short
01 Exchange PUMPUSD+0.0336%1h0.004541−0.329%$6K$60010xas long as short
BloFin PUMP-USDT+0.0340%4h0.004537−0.417%$3.8M$4.7M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004539−0.378%$23xas long as short
Injective PUMP/USDC PERP+0.0344%1h0.004582+0.571%$38K$204K12xas long as short
Nado PUMP-PERPshort+0.0385%1h0.004545−0.230%$1.7M$2.2M10x
Coinbase International PUMP-PERP-INTX+0.0544%1h0.004552−0.088%$739K$6.2M50xas long as short
RISEx PUMP/USDC+0.0741%1h0.004538−0.388%$529K$1.1M10xas long as short
Kraken Futures PF_PUMPUSD+0.0816%1h0.004541−0.330%$1.1M$3.5M50xas long as short
Aftermath Perps PUMPUSD+0.0976%1h0.004548−0.179%$503$110K10xas long as short