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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0069%/8h= −7.6% APRnext payment $0.09 per $10,000 · paid last 24h −0.002%
Price spread now: Ondo Perps against Nado−0.185%7-day average −0.057% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.002%$0 on $10k
Price spread, last 4 days (all we have)−0.363%−$36 · spread now −0.185%, 7d avg −0.057%
Together, before fees−0.365%+ Points / potential airdropNado: Active · Ondo Perps: Active · farm board−$37 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.129% cheaper against Nado than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.057%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado PUMP-PERP0.0045320.0169pay 0.0021% / 1h20m 15s$1.7M$2.1M10x
ShortOndo Perps PUMP-USD.P0.0045240.0100get 0.0013% / 1h20m 15s$27K$151K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Nado. 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
−$14.55
Price spread: −0.185% → −0.057%
−$12.87
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$39.42
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 3 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 3 min ago1.10 bp7.5 bp −$719.1 bp −$191doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD0.0000%1h0.004528−0.096%$21K$11K5xas long as short
Perpl PUMP0.0000%43m0.004533+0.011%$18K$266K20xas long as short
Gate PUMP_USDT+0.0002%4h0.004532−0.011%$5.0M$10.2M75xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004537+0.097%$56K150xas long as short
Lighter PUMP+0.0096%1h0.004538+0.121%$2.9M$4.6M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004500−0.717%$29K$646K20xas long as short
Aster PUMPUSDT+0.0100%4h0.004533+0.001%$846K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004528−0.099%$528K$857K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004538+0.129%$83.0M$172.4M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004538+0.121%$25.0M$99.6M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps PUMP-USD.Pshort+0.0100%1h0.004524−0.185%$27K$151K5x
Arcus PUMP-USD+0.0100%1h0.004530−0.055%$46K$125K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004538+0.121%$24.6M$13.8M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004537+0.099%$17.8M$19.0M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004536+0.077%$14.3Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004537+0.097%$814K$204K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004534+0.033%$67K$3.2M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004527−0.121%$1.3M$10.6M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004540+0.165%$153K$742K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004540+0.165%$107K$2.2M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004535+0.055%$42K$2K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004528−0.105%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004526−0.143%$2K$771K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004536+0.077%$254$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004529−0.077%$22K$74K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004536+0.077%$1.9M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004531−0.028%$43K$2765xas long as short
Extended PUMP-USD+0.0104%1h0.004535+0.062%$3.8M$3.7M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004533+0.011%$67K$10K3xas long as short
Hyperliquid PUMP+0.0162%1h0.004541+0.188%$169.4M$49.6M10xas long as short
Nado PUMP-PERPlong+0.0169%1h0.004532long leg$1.7M$2.1M10x
Deribit PUMP_USDC-PERPETUAL+0.0191%1h0.004538+0.121%$70K$116K25xas long as short
01 Exchange PUMPUSD+0.0264%1h0.004535+0.055%$6K$60010xas long as short
Injective PUMP/USDC PERP+0.0279%1h0.004543+0.232%$38K$204K12xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0304% / S −0.0274%1h0.004536+0.077%$65K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004533+0.011%$3.8M$4.7M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004536+0.072%$23xas long as short
Phoenix PUMP+0.0410%1h0.004532−0.007%$47K$139K10xas long as short
Kraken Futures PF_PUMPUSD+0.0443%1h0.004539+0.148%$1.1M$3.5M50xas long as short
Coinbase International PUMP-PERP-INTX+0.0536%1h0.004544+0.254%$732K$6.0M50xas long as short
RISEx PUMP/USDC+0.0784%1h0.004534+0.033%$538K$1.1M10xas long as short
Aftermath Perps PUMPUSD+0.0895%1h0.004529−0.070%$501$111K10xas long as short