Spread before costs (cost unknown: a leg has no order-book sample)0.000%
7d average—if it closes, per $10,000$0funding while held, a day+$3.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_PUMP_USDC | 0.004198 | −0.0001 | get 0.0001% / 4h | 2h 00m | $39K | $46K | 10x |
| Short | Hyperliquid PUMP | 0.004198 | 0.0100 | get 0.0013% / 1h | 0m 20s | $151.4M | $51.8M | 10x |
Orderly PERP_PUMP_USDC
Hyperliquid PUMPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $0
- Funding while held
- $3.04
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$11.96
- Spread needed to break even
- 0.150%
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0101%
- Per $10,000 a day
- +$3.04
- Average in range /8h
- —
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 Hyperliquid live order book, 5 min ago | 1.20 bp | 6.0 bp −$6 | 21.6 bp −$216 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Popdex0.004100cheapestApeX Omni0.004185+2.073%edgeX0.004187+2.115%Phoenix0.004188+2.134%Bitget0.004194+2.293%Reya0.004195+2.314%Binance0.004195+2.317%Perpl0.004195+2.317%Arcus0.004196+2.341%Gate0.004196+2.341%BingX0.004196+2.341%01 Exchange0.004197+2.366%GMX0.004197+2.366%Aevo0.004197+2.366%Ondo Perps0.004197+2.373%RISEx0.004197+2.375%Backpack0.004197+2.376%
Popdex
ApeX Omni
Phoenix
Bitget
Reya
Binance
Perpl
Arcus
Gate
BingX
GMX
Aevo
Ondo Perps
RISEx
BackpackHyperliquid0.004198+2.390%
OKX0.004198+2.390%Polymarket Perps0.004198+2.390%
OKX
Polymarket PerpsOrderly0.004198+2.390%
Aster0.004198+2.391%gTrade (Gains Network)0.004198+2.391%Nado0.004198+2.402%Extended0.004199+2.403%Lighter0.004199+2.415%Pacifica0.004199+2.415%KuCoin0.004199+2.415%HTX0.004199+2.415%Paradex0.004199+2.418%Phemex0.004200+2.439%BloFin0.004201+2.463%SoDEX0.004202+2.488%dYdX0.004202+2.497%Derive0.004204+2.532%SunX0.004204+2.537%Deribit0.004205+2.561%Aftermath Perps0.004207+2.621%Coinbase International0.004208+2.634%Kraken Futures0.004208+2.640%Injective0.004216+2.829%
Aster
gTrade (Gains Network)
Nado
Extended
Lighter
Pacifica
KuCoin
HTX
Paradex
Phemex
BloFin
SoDEX
dYdX
Derive
SunX
Deribit
Coinbase International
Kraken Futures
InjectivePUMP on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Popdex PUMPUSDT | −2.334% | +0.0096% | 1h | $25K | $825K | 20x | as long as short |
| ApeX Omni PUMPUSDT | −0.310% | +0.0100% | 1h | $96K | $762K | 50x | as long as short |
| edgeX PUMPUSDC | −0.269% | +0.0100% | 4h | $62K | $3.2M | 20x | as long as short |
| Phoenix PUMP | −0.250% | +0.0276% | 1h | $37K | $105K | 10x | as long as short |
| Bitget PUMPUSDT | −0.095% | +0.0100% | 4h | $16.6M | $20.1M | 75x | as long as short |
| Reya PUMPRUSDPERP | −0.075% | +0.0344% | 1h | $2 | — | 3x | as long as short |
| Binance PUMPUSDT | −0.071% | +0.0100% | 4h | $75.9M | $173.8M | 75x | as long as short |
| Perpl PUMP | −0.071% | 0.0000% | 43m | $21K | $203K | 20x | as long as short |
| Arcus PUMP-USD | −0.048% | +0.0100% | 1h | $40K | $57K | 10x | as long as short |
| Gate PUMP_USDT | −0.048% | +0.0100% | 4h | $4.5M | $11.9M | 75x | as long as short |