PUMP

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.077%

7d average—if it closes, per $10,000$8funding while held, a day+$0.00

Long on Derive Short on Polymarket Perps

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive PUMP-PERP	0.004401	0.0100	pay 0.0013% / 1h	5m 26s	$5K	$3K	6.7x
Short	Polymarket Perps PUMP-USD	0.004398	0.0100	get 0.0013% / 1h	5m 26s	$115K	$2.2M	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee DerivebpFee Polymarket PerpsbpOrdersClose when spread is

Spread captured: −$7.73
Funding while held: $0
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$21.73
Spread needed to break even: 0.140%

Slippage unknown: Derive: no order-book sample; Polymarket Perps: live order book, 5 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: 0.0000%
Per $10,000 a day: +$0.00
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 Derive no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 5 min ago	2.28 bp	9.4 bp −$9	14.6 bp −$146	doesn't fit	doesn't fit

Derive: 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 price on every exchange

against the cheapest. Click to use as the short leg.

Popdex0.004300cheapest Injective0.004350+1.163%Ondo Perps0.004383+1.937%01 Exchange0.004389+2.070%edgeX0.004392+2.130%Aftermath Perps0.004392+2.145%Reya0.004394+2.178%Extended0.004394+2.191%Phoenix0.004395+2.207%Binance0.004395+2.209%Bitget0.004395+2.209%Perpl0.004395+2.209%Paradex0.004395+2.210%Aster0.004396+2.227%Backpack0.004396+2.228%Lighter0.004396+2.233%OKX0.004396+2.233%Arcus0.004396+2.233%Gate0.004396+2.233%BingX0.004396+2.233%GMX0.004396+2.233%RISEx0.004397+2.246%Pacifica0.004397+2.256%Phemex0.004397+2.256%gTrade (Gains Network)0.004398+2.273%

Polymarket Perps0.004398+2.279%

Orderly0.004398+2.279%SoDEX0.004398+2.279%dYdX0.004398+2.282%Nado0.004398+2.291%Hyperliquid0.004399+2.302%KuCoin0.004399+2.302%HTX0.004399+2.302%Aevo0.004400+2.326%BloFin0.004401+2.349%

Derive0.004401+2.358%

ApeX Omni0.004402+2.372%Deribit0.004402+2.372%SunX0.004403+2.395%Coinbase International0.004404+2.419%Kraken Futures0.004410+2.549%

PUMP on 41 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Popdex PUMPUSDT	−2.304%	+0.0096%	1h	$28K	$821K	20x	as long as short
Injective PUMP/USDC PERP	−1.168%	−0.1447%	1h	$45K	$136K	12x	as long as short
Ondo Perps PUMP-USD.P	−0.411%	+0.0100%	1h	$26K	$199K	5x	as long as short
01 Exchange PUMPUSD	−0.282%	−0.0320%	1h	$6K	$5K	10x	as long as short
edgeX PUMPUSDC	−0.222%	+0.0100%	4h	$64K	$2.9M	20x	as long as short
Aftermath Perps PUMPUSD	−0.209%	+0.0324%	1h	$201	$129K	10x	as long as short
Reya PUMPRUSDPERP	−0.176%	+0.0344%	1h	$2	—	3x	as long as short
Extended PUMP-USD	−0.163%	+0.0104%	1h	$3.7M	$3.4M	50x	as long as short
Phoenix PUMP	−0.148%	+0.0183%	1h	$40K	$80K	10x	as long as short
Binance PUMPUSDT	−0.145%	+0.0100%	4h	$78.6M	$158.5M	75x	as long as short

Show all 41 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget PUMPUSDT	−0.145%	+0.0100%	4h	$17.5M	$18.1M	75x	as long as short
Perpl PUMP	−0.145%	0.0000%	43m	$20K	$196K	20x	as long as short
Paradex PUMP-USD-PERP	−0.145%	+0.0100%	8h	$42K	—	5x	as long as short
Aster PUMPUSDT	−0.128%	−0.0115%	4h	$770K	$2.6M	50x	as long as short
Backpack PUMP_USDC_PERP	−0.127%	+0.0091%	1h	$791K	$161K	5x	as long as short
Lighter PUMP	−0.123%	+0.0096%	1h	$3.1M	$6.3M	10x	as long as short
OKX PUMP-USDT-SWAP	−0.123%	−0.0065%	4h	$24.6M	$98.2M	50x	as long as short
Arcus PUMP-USD	−0.123%	+0.0100%	1h	$42K	$71K	10x	as long as short
Gate PUMP_USDT	−0.123%	+0.0100%	4h	$4.9M	$9.3M	75x	as long as short
BingX PUMP-USDT	−0.123%	+0.0100%	4h	—	$13.2M	—	as long as short
GMX PUMP/USD [WBTC.b-USDC]	−0.123%	L +0.0329% / S −0.0270%	1h	$75K	—	100x	as long as short
RISEx PUMP/USDC	−0.109%	+0.0159%	1h	$520K	$1.1M	10x	as long as short
Pacifica PUMP	−0.100%	+0.0100%	1h	$467K	$621K	10x	as long as short
Phemex PUMPUSDT	−0.100%	+0.0100%	4h	$2.2M	$4.0M	20x	as long as short
gTrade (Gains Network) PUMP/USD	−0.083%	L +0.0002% / S −0.0002%	1h	$53K	—	150x	as long as short
Polymarket Perps PUMP-USDshort	−0.077%	+0.0100%	1h	$115K	$2.2M	10x
Orderly PERP_PUMP_USDC	−0.077%	+0.0012%	4h	$41K	$100K	10x	as long as short
SoDEX PUMP-USD	−0.077%	+0.0100%	1h	$240	$6K	10x	as long as short
dYdX PUMP-USD	−0.075%	−0.0029%	1h	$21K	$5K	5x	as long as short
Nado PUMP-PERP	−0.066%	+0.0100%	1h	$1.6M	$1.9M	10x	as long as short
Hyperliquid PUMP	−0.055%	+0.0100%	1h	$160.4M	$50.2M	10x	as long as short
KuCoin PUMPUSDTM	−0.055%	+0.0100%	4h	$23.2M	$13.3M	50x	as long as short
HTX PUMP-USDT	−0.055%	+0.0100%	4h	$25K	$142K	20x	as long as short
Aevo PUMP-PERP	−0.032%	+0.0104%	1h	$72K	$21K	3x	as long as short
BloFin PUMP-USDT	−0.009%	+0.0340%	4h	$3.6M	$4.3M	75x	as long as short
Derive PUMP-PERPlong	0.000%	+0.0100%	1h	$5K	$3K	6.7x
ApeX Omni PUMPUSDT	+0.014%	+0.0100%	1h	$170K	$726K	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.014%	0.0000%	1h	$70K	$130K	25x	as long as short
SunX PUMP-USDT	+0.036%	+0.0100%	4h	$2K	$646K	20x	as long as short
Coinbase International PUMP-PERP-INTX	+0.059%	+0.0112%	1h	$421K	$6.1M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.187%	+0.1735%	1h	$1.4M	$3.3M	50x	as long as short