After costs, if the gap returns to its 7d average, $10k−$42
spread now+0.043%7d average+0.087%fees + slippage, in and out−$38spread needed0.376%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack PUMP_USDC_PERP | 0.004370 | −0.0175 | get 0.0022% / 1h | 58m 10s | $784K | $153K | 5x |
| Short | Nado PUMP-PERP | 0.004372 | 0.0100 | get 0.0012% / 1h | 58m 10s | $1.6M | $1.8M | 10x |
Backpack PUMP_USDC_PERP
Nado PUMP-PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $4.35
- Funding while held
- $8.25
- Slippage, 4 orders
- −$20.6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$25
- Spread needed to break even
- 0.376%
Slippage from Backpack: live order book, 62 min ago; Nado: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0275%
- Per $10,000 a day
- +$8.25
- Average in range /8h
- —
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 Backpack live order book, 62 min ago | 1.26 bp | 9.3 bp −$9 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell Nado live order book, 2 min ago | 1.14 bp | 8.4 bp −$8 | 23.3 bp −$233 | doesn't fit | doesn't fit |
PUMP price on every exchange
against the cheapest. Click to use as the short leg.Popdex0.004300cheapestInjective0.004363+1.465%Ondo Perps0.004366+1.535%HTX0.004366+1.535%RISEx0.004369+1.601%Arcus0.004369+1.605%
Popdex
Injective
Ondo Perps
HTX
RISEx
ArcusBackpack0.004370+1.619%
Extended0.004370+1.623%Aster0.004370+1.628%Pacifica0.004370+1.628%OKX0.004370+1.628%Bitget0.004370+1.628%BingX0.004370+1.628%Perpl0.004370+1.628%Orderly0.004370+1.628%Aevo0.004370+1.628%Binance0.004371+1.642%SunX0.004371+1.651%SoDEX0.004371+1.651%Paradex0.004371+1.659%Reya0.004371+1.659%
Extended
Aster
Pacifica
OKX
Bitget
BingX
Perpl
Orderly
Aevo
Binance
SunX
SoDEX
Paradex
ReyaNado0.004372+1.663%
Lighter0.004372+1.674%Gate0.004372+1.674%Derive0.004372+1.683%Polymarket Perps0.004373+1.698%GMX0.004373+1.698%Phemex0.004373+1.698%dYdX0.004373+1.708%gTrade (Gains Network)0.004374+1.711%Hyperliquid0.004374+1.721%KuCoin0.004374+1.721%Deribit0.004374+1.721%Coinbase International0.004375+1.744%BloFin0.004376+1.767%Aftermath Perps0.004379+1.826%ApeX Omni0.004380+1.860%Kraken Futures0.004381+1.876%Phoenix0.004381+1.884%edgeX0.004382+1.897%
Lighter
Gate
Derive
Polymarket Perps
GMX
Phemex
dYdX
gTrade (Gains Network)
Hyperliquid
KuCoin
Deribit
Coinbase International
BloFin
ApeX Omni
Kraken Futures
PhoenixPUMP on 40 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Popdex PUMPUSDT | −1.593% | +0.0096% | 1h | $32K | $818K | 20x | as long as short |
| Injective PUMP/USDC PERP | −0.151% | −0.1447% | 1h | $45K | $75K | 12x | as long as short |
| Ondo Perps PUMP-USD.P | −0.082% | +0.0100% | 1h | $26K | $196K | 5x | as long as short |
| HTX PUMP-USDT | −0.082% | +0.0100% | 4h | $22K | $137K | 20x | as long as short |
| RISEx PUMP/USDC | −0.017% | +0.0159% | 1h | $513K | $1.1M | 10x | as long as short |
| Arcus PUMP-USD | −0.014% | +0.0100% | 1h | $63K | $41K | 10x | as long as short |
| Backpack PUMP_USDC_PERPlong | 0.000% | −0.0175% | 1h | $784K | $153K | 5x | |
| Extended PUMP-USD | +0.004% | +0.0104% | 1h | $3.7M | $3.3M | 50x | as long as short |
| Aster PUMPUSDT | +0.009% | −0.0128% | 4h | $771K | $2.5M | 50x | as long as short |
| Pacifica PUMP | +0.009% | +0.0100% | 1h | $474K | $608K | 10x | as long as short |