Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0092%/8h= −10.0% APRpaid last 24h −0.013%

Price spread now: Orderly against ApeX Omni−0.182%7-day average — · you buy dearer than you sell

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

Long on ApeX Omni 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—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.182% cheaper against ApeX Omni than usual: you would sell low and buy high (−$18 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	ApeX Omni PUMPUSDT	0.004387	0.0100	pay 0.0013% / 1h	42m 28s	$138K	$766K	50x
Short	Orderly PERP_PUMP_USDC	0.004379	0.0008	get 0.0004% / 4h	42m 28s	$41K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee OrderlybpOrdersPrice spread, now −0.182%Rate

Funding earned: −$19.24
Price spread: −0.182% → 0.000%: −$18.24
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$53.47
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 36 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 ApeX Omni live order book, 36 min ago	5.75 bp	13.1 bp −$13	89.7 bp −$897	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
OKX PUMP-USDT-SWAP	−0.0022%	4h	0.004376	−0.251%	$22.9M	$96.7M	50x	as long as short
dYdX PUMP-USD	−0.0007%	1h	0.004381	−0.131%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004376	−0.251%	$18K	$201K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004381	−0.137%	$70K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004378	−0.204%	$56K	—	150x	as long as short
Orderly PERP_PUMP_USDCshort	+0.0008%	4h	0.004379	−0.182%	$41K	$10K	10x
Lighter PUMP	+0.0096%	1h	0.004377	−0.228%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.983%	$26K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004377	−0.224%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004377	−0.217%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004378	−0.205%	$732K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004379	−0.182%	$458K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004377	−0.236%	$78.0M	$163.7M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004383	−0.096%	$26K	$170K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004379	−0.182%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004377	−0.228%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004380	−0.160%	$23.2M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004377	−0.228%	$17.4M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004377	−0.228%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004379	−0.191%	$780K	$181K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004387	+0.011%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004388	+0.023%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDTlong	+0.0100%	1h	0.004387	long leg	$138K	$766K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004380	−0.160%	$97K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004380	−0.158%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004383	−0.091%	$2K	$716K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004379	−0.182%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004386	−0.023%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004380	−0.160%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004376	−0.257%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004381	−0.137%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004391	+0.087%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004393	+0.137%	$39K	$207K	12x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004379	−0.171%	$487K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0272%	1h	0.004379	−0.182%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004392	+0.114%	$694K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0319% / S −0.0241%	1h	0.004377	−0.228%	$69K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004381	−0.137%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004376	−0.252%	$2	—	3x	as long as short
Hyperliquid PUMP	+0.0436%	1h	0.004383	−0.091%	$161.4M	$52.9M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0474%	1h	0.004388	+0.025%	$182	$105K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0862%	1h	0.004384	−0.065%	$1.3M	$3.5M	50x	as long as short