After costs, if the gap returns to its 7d average, $10k−$79
spread now−0.043%7d average−0.036%fees + slippage, in and out−$78spread needed0.782%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex PUMPUSDT | 0.004207 | 0.0100 | pay 0.0050% / 4h | 1h 56m | $2.1M | $4.1M | 20x |
| Short | Backpack PUMP_USDC_PERP | 0.004205 | −0.0268 | pay 0.0034% / 1h | 56m 39s | $755K | $177K | 5x |
Phemex PUMPUSDT
Backpack PUMP_USDC_PERPPrice 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
- −$4.28
- Funding while held
- −$11.05
- Slippage, 4 orders
- −$56.22
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$93.56
- Spread needed to break even
- 0.782%
Slippage from Phemex: live order book, 4 min ago; Backpack: live order book, 44 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0368%
- Per $10,000 a day
- −$11.05
- 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 Phemex live order book, 4 min ago | 4.77 bp | 30.0 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 44 min ago | 1.98 bp | 10.3 bp −$10 | 19.6 bp −$196 | doesn't fit | doesn't fit |
PUMP price on every exchange
against the cheapest. Click to use as the short leg.edgeX0.004196cheapestArcus0.004199+0.072%Ondo Perps0.004200+0.088%Binance0.004200+0.096%OKX0.004200+0.096%Popdex0.004200+0.096%Bitget0.004200+0.096%BingX0.004200+0.096%Extended0.004200+0.105%Lighter0.004201+0.119%Pacifica0.004201+0.119%Gate0.004201+0.119%Phoenix0.004201+0.119%Paradex0.004201+0.127%RISEx0.004202+0.138%ApeX Omni0.004202+0.143%dYdX0.004202+0.150%01 Exchange0.004203+0.167%HTX0.004203+0.167%Aftermath Perps0.004204+0.187%KuCoin0.004204+0.191%BloFin0.004204+0.191%Nado0.004204+0.203%Hyperliquid0.004205+0.215%Aster0.004205+0.215%
Arcus
Ondo Perps
Binance
OKX
Popdex
Bitget
BingX
Extended
Lighter
Pacifica
Gate
Phoenix
Paradex
RISEx
ApeX Omni
dYdX
HTX
KuCoin
BloFin
Nado
Hyperliquid
AsterBackpack0.004205+0.219%
Phemex0.004207+0.262%
Perpl0.004208+0.286%SoDEX0.004208+0.286%Reya0.004209+0.305%GMX0.004209+0.310%Orderly0.004209+0.310%Aevo0.004209+0.310%SunX0.004209+0.310%gTrade (Gains Network)0.004210+0.324%Derive0.004211+0.350%Polymarket Perps0.004212+0.381%Injective0.004213+0.405%Deribit0.004213+0.405%Coinbase International0.004213+0.405%Kraken Futures0.004215+0.448%
Perpl
SoDEX
Reya
GMX
Orderly
Aevo
SunX
gTrade (Gains Network)
Derive
Polymarket Perps
Injective
Deribit
Coinbase International
Kraken FuturesPUMP on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX PUMPUSDC | −0.262% | +0.0100% | 4h | $63K | $3.2M | 20x | as long as short |
| Arcus PUMP-USD | −0.190% | +0.0100% | 1h | $40K | $57K | 10x | as long as short |
| Ondo Perps PUMP-USD.P | −0.174% | +0.0100% | 1h | $30K | $191K | 5x | as long as short |
| Binance PUMPUSDT | −0.166% | +0.0100% | 4h | $76.0M | $174.0M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | −0.166% | +0.0051% | 4h | $22.5M | $97.0M | 50x | as long as short |
| Popdex PUMPUSDT | −0.166% | +0.0096% | 1h | $25K | $825K | 20x | as long as short |
| Bitget PUMPUSDT | −0.166% | +0.0100% | 4h | $16.6M | $20.1M | 75x | as long as short |
| BingX PUMP-USDT | −0.166% | +0.0100% | 4h | — | $13.7M | — | as long as short |
| Extended PUMP-USD | −0.157% | +0.0104% | 1h | $3.4M | $3.7M | 50x | as long as short |
| Lighter PUMP | −0.143% | +0.0096% | 1h | $2.9M | $6.5M | 10x | as long as short |