Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%

Price spread now: Orderly against Ondo Perps−0.235%7-day average — · you buy dearer than you sell

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

Long on Ondo Perps 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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.235% cheaper against Ondo Perps than usual: you would sell low and buy high, −$23 on $10k if it 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	Ondo Perps PUMP-USD.P	0.004513	0.0100	pay 0.0013% / 1h	19m 18s	$27K	$151K	5x
Short	Orderly PERP_PUMP_USDC	0.004502	0.0100	get 0.0050% / 4h	2h 19m	$42K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Ondo Perps. 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 Ondo PerpsbpFee OrderlybpOrdersPrice spread, now −0.235%Rate

Funding earned: $0
Price spread: −0.235% → 0.000%: −$23.49
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$34.49
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Ondo Perps and 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 41 exchanges

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-USD	−0.1268%	1h	0.004501	−0.257%	$21K	$11K	5x	as long as short
Gate PUMP_USDT	−0.0166%	4h	0.004500	−0.279%	$4.8M	$9.7M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004499	−0.301%	$18K	$263K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004501	−0.249%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004503	−0.213%	$2.9M	$2.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.279%	$38K	$587K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004507	−0.124%	$167.7M	$48.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004500	−0.289%	$833K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004502	−0.235%	$512K	$848K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004503	−0.219%	$81.7M	$173.8M	75x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004501	−0.257%	$24.7M	$101.2M	50x	as long as short
Ondo Perps PUMP-USD.Plong	+0.0100%	1h	0.004513	long leg	$27K	$151K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004505	−0.168%	$50K	$152K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004506	−0.146%	$24.9M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004501	−0.257%	$17.7M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004501	−0.257%	—	$14.6M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004501	−0.264%	$812K	$213K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004508	−0.092%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004506	−0.146%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004510	−0.058%	$160K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004505	−0.168%	$106K	$1.8M	10x	as long as short
Orderly PERP_PUMP_USDCshort	+0.0100%	4h	0.004502	−0.235%	$42K	$2K	10x
SunX PUMP-USDT	+0.0100%	4h	0.004503	−0.213%	$2K	$779K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004502	−0.235%	$546	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004501	−0.257%	$23K	$126K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004504	−0.191%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004501	−0.249%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004501	−0.254%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004504	−0.191%	$67K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0221%	1h	0.004503	−0.202%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0301% / S −0.0272%	1h	0.004502	−0.235%	$64K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004505	−0.168%	$6K	$465	10x	as long as short
Phoenix PUMP	+0.0331%	1h	0.004516	+0.066%	$44K	$142K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004510	−0.058%	$3.8M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004504	−0.200%	$2	—	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0417%	1h	0.004504	−0.191%	$69K	$103K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0552%	1h	0.004507	−0.124%	$696K	$6.1M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0674%	1h	0.004504	−0.187%	$1.1M	$3.4M	50x	as long as short
RISEx PUMP/USDC	+0.0683%	1h	0.004507	−0.126%	$563K	$1.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0934%	1h	0.004508	−0.096%	$499	$98K	10x	as long as short
Injective PUMP/USDC PERP	+0.0983%	1h	0.004520	+0.164%	$37K	$205K	12x	as long as short