Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.039%

Price spread now: Orderly against 01 Exchange+0.311%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 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. Orderly is 0.311% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.311% now, against zero (this spread has no 7-day history yet)): +$31 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange PUMPUSD	0.004495	0.0328	pay 0.0041% / 1h	14m 46s	$6K	$600	10x
Short	Orderly PERP_PUMP_USDC	0.004509	0.0100	get 0.0050% / 4h	2h 14m	$43K	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against 01 Exchange. 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 01 ExchangebpFee OrderlybpOrdersPrice spread, now +0.311%Rate

Funding earned: −$47.88
Price spread: +0.311% → 0.000%: $31.15
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$29.73
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: 01 Exchange: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

01 Exchange 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 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	−0.0009%	1h	0.004523	+0.623%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004502	+0.156%	$18K	$250K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004505	+0.221%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004522	+0.601%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.113%	$33K	$640K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004518	+0.521%	$721K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004520	+0.556%	$535K	$880K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004520	+0.556%	$82.9M	$167.8M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004519	+0.534%	$24.7M	$96.8M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004502	+0.147%	$27K	$168K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004523	+0.623%	$65K	$103K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004522	+0.601%	$5.0M	$10.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004525	+0.667%	$24.3M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004520	+0.556%	$17.9M	$18.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004520	+0.556%	—	$14.0M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004521	+0.572%	$813K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004501	+0.131%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004498	+0.067%	$1.3M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004504	+0.200%	$152K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004497	+0.044%	$112K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDCshort	+0.0100%	4h	0.004509	+0.311%	$43K	$11K	10x
Derive PUMP-PERP	+0.0100%	1h	0.004507	+0.258%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004501	+0.133%	$2K	$749K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004507	+0.267%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004510	+0.334%	$21K	$94K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004510	+0.334%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004524	+0.634%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004504	+0.200%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0107%	8h	0.004522	+0.592%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0118%	1h	0.004504	+0.200%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004505	+0.222%	$54K	—	100x	as long as short
01 Exchange PUMPUSDlong	+0.0328%	1h	0.004495	long leg	$6K	$600	10x
BloFin PUMP-USDT	+0.0340%	4h	0.004524	+0.645%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004503	+0.173%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004504	+0.200%	$46K	$119K	10x	as long as short
Hyperliquid PUMP	+0.0434%	1h	0.004527	+0.712%	$168.6M	$50.2M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004510	+0.334%	$723K	$5.6M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004504	+0.200%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0638%	1h	0.004509	+0.311%	$70K	$115K	25x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004495	−0.011%	$534K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0812%	1h	0.004509	+0.305%	$1.1M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1092%	1h	0.004488	−0.155%	$722	$111K	10x	as long as short