Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0098%/8h= −10.8% APRpaid last 24h −0.013%

Price spread now: gTrade (Gains Network) against Orderly+0.022%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on gTrade (Gains Network)

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 pays, funding is against you. gTrade (Gains Network) is 0.022% dearer against Orderly than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_PUMP_USDC	0.004462	0.0100	pay 0.0050% / 4h	2h 33m	$42K	$11K	10x
Short	gTrade (Gains Network) PUMP/USD	0.004463	L +0.0002% / S −0.0002%	get 0.0000% / 1h	33m 46s	$55K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.022%Rate

Funding earned: −$20.63
Price spread: +0.022% → 0.000%: $2.2
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$34.44
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

Orderly and gTrade (Gains Network): 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-USD	−0.0016%	1h	0.004463	+0.025%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004464	+0.045%	$18K	$241K	20x	as long as short
gTrade (Gains Network) PUMP/USDshort	L +0.0002% / S −0.0002%	1h	0.004463	+0.022%	$55K	—	150x
Gate PUMP_USDT	+0.0088%	4h	0.004457	−0.112%	$5.0M	$10.4M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004463	+0.022%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.390%	$30K	$629K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004465	+0.078%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004456	−0.140%	$710K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004469	+0.157%	$538K	$767K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004455	−0.157%	$81.9M	$166.6M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004453	−0.202%	$24.4M	$94.6M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004453	−0.193%	$31K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004470	+0.179%	$65K	$103K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004459	−0.067%	$23.9M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004453	−0.202%	$17.7M	$18.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004454	−0.179%	—	$13.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004462	−0.002%	$803K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004443	−0.417%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004450	−0.271%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004450	−0.269%	$150K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004465	+0.067%	$111K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDClong	+0.0100%	4h	0.004462	long leg	$42K	$11K	10x
Derive PUMP-PERP	+0.0100%	1h	0.004460	−0.035%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004463	+0.022%	$2K	$745K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004463	+0.022%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004464	+0.045%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004459	−0.067%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004455	−0.150%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004458	−0.090%	$66K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0104%	8h	0.004470	+0.184%	$42K	$276	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0198%	1h	0.004462	0.000%	$69K	$115K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004462	0.000%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0312%	1h	0.004468	+0.134%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004493	+0.695%	$3.8M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004463	+0.018%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004438	−0.547%	$45K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004469	+0.157%	$717K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0492%	1h	0.004459	−0.067%	$166.8M	$49.1M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004496	+0.762%	$38K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004468	+0.129%	$531K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0820%	1h	0.004463	+0.013%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1103%	1h	0.004464	+0.045%	$517	$104K	10x	as long as short