Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.008%

Price spread now: Derive against Orderly−0.002%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Derive

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_PUMP_USDC	0.004395	0.0004	pay 0.0002% / 4h	51m 04s	$41K	$10K	10x
Short	Derive PUMP-PERP	0.004395	0.0100	get 0.0013% / 1h	51m 04s	$5K	$13K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Orderly. 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 OrderlybpFee DerivebpOrdersPrice spread, now −0.002%Rate

Funding earned: $20.11
Price spread: −0.002% → 0.000%: −$0.21
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Derive: 3 bp × 2 orders: −$6
Net: $7.9
Costs to cover: 0.120%
Break-even: 4.3 days

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

Orderly and 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 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
OKX PUMP-USDT-SWAP	−0.0016%	4h	0.004393	−0.046%	$23.0M	$97.2M	50x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004391	−0.091%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004394	−0.023%	$18K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004396	+0.023%	$70K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004395	−0.010%	$56K	—	150x	as long as short
Orderly PERP_PUMP_USDClong	+0.0004%	4h	0.004395	long leg	$41K	$10K	10x
Lighter PUMP	+0.0096%	1h	0.004396	+0.023%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−2.162%	$29K	$765K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004395	−0.011%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004395	+0.011%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004395	−0.007%	$735K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004396	+0.023%	$458K	$605K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004396	+0.013%	$78.4M	$164.4M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004389	−0.134%	$26K	$175K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004395	0.000%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004395	0.000%	$4.7M	$11.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004399	+0.091%	$23.3M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004397	+0.046%	$17.5M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004396	+0.023%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004397	+0.052%	$783K	$183K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004404	+0.200%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004411	+0.357%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004405	+0.228%	$139K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004398	+0.068%	$98K	$1.9M	10x	as long as short
Derive PUMP-PERPshort	+0.0100%	1h	0.004395	−0.002%	$5K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004399	+0.091%	$1K	$717K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004395	0.000%	$287	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004390	−0.114%	$22K	$138K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004394	−0.023%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004394	−0.031%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004395	0.000%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004413	+0.416%	$40K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004402	+0.159%	$39K	$207K	12x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004397	+0.050%	$490K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0280%	1h	0.004398	+0.068%	$6K	$572	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004411	+0.364%	$699K	$5.6M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0319% / S −0.0240%	1h	0.004395	0.000%	$69K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004397	+0.046%	$3.5M	$3.9M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004395	−0.002%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0441%	1h	0.004396	+0.012%	$183	$106K	10x	as long as short
Hyperliquid PUMP	+0.0524%	1h	0.004403	+0.182%	$162.2M	$52.9M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0859%	1h	0.004400	+0.113%	$1.3M	$3.5M	50x	as long as short