PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0426%/8h= +46.6% APRnext payment +$0.53 per $10,000 · paid last 24h +0.443%

Price spread now: Hyperliquid against dYdX+0.110%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Hyperliquid is 0.110% dearer against dYdX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PUMP-USD	0.004434	−0.0011	get 0.0001% / 1h	23m 12s	$20K	$11K	5x
Short	Hyperliquid PUMP	0.004439	0.0415	get 0.0052% / 1h	23m 12s	$165.4M	$49.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against dYdX. 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 dYdXbpFee HyperliquidbpOrdersPrice spread, now +0.110%Rate

Funding earned: $89.42
Price spread: +0.110% → 0.000%: $11.02
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $81.45
Costs to cover: 0.190%
Break-even: 0.6 days

Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 11 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 11 min ago	1.12 bp	8.9 bp −$9	22.1 bp −$221	doesn't fit	doesn't fit

dYdX: 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
dYdX PUMP-USDlong	−0.0011%	1h	0.004434	long leg	$20K	$11K	5x
Perpl PUMP	0.0000%	43m	0.004430	−0.093%	$18K	$244K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004429	−0.118%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004435	+0.020%	$2.8M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.769%	$29K	$638K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004431	−0.061%	$706K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004436	+0.043%	$534K	$774K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004449	+0.337%	$81.5M	$166.8M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004435	+0.020%	$24.4M	$94.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004440	+0.128%	$26K	$166K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004433	−0.025%	$64K	$103K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004430	−0.093%	$4.9M	$10.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004436	+0.043%	$23.8M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004434	−0.003%	$17.5M	$18.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004437	+0.065%	—	$13.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004435	+0.011%	$798K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004435	+0.027%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004429	−0.107%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004436	+0.043%	$150K	$748K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004433	−0.025%	$112K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004430	−0.093%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004428	−0.129%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004433	−0.025%	$1K	$748K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004432	−0.048%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004432	−0.048%	$21K	$92K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004431	−0.070%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004430	−0.086%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004429	−0.115%	$66K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0104%	8h	0.004436	+0.052%	$42K	$276	5x	as long as short
Nado PUMP-PERP	+0.0129%	1h	0.004434	+0.009%	$1.6M	$2.0M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0200%	1h	0.004427	−0.160%	$53K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004433	−0.025%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004435	+0.020%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004430	−0.098%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004433	−0.025%	$45K	$119K	10x	as long as short
Hyperliquid PUMPshort	+0.0415%	1h	0.004439	+0.110%	$165.4M	$49.8M	10x
Deribit PUMP_USDC-PERPETUAL	+0.0427%	1h	0.004433	−0.025%	$69K	$115K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004438	+0.088%	$705K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004439	+0.110%	$38K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004434	−0.009%	$527K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0826%	1h	0.004434	+0.004%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1115%	1h	0.004440	+0.135%	$514	$104K	10x	as long as short