PUMP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BulkPUMP-USD	0.005792	+0.0100	pay 0.0013% / 1h	31m 08s	$99K	$350K	10x	Long Bulk
SHORT	PhoenixPUMP	0.005809	+0.0450	get 0.0056% / 1h	31m 08s	$242K	$1.5M	10x	Short Phoenix

Price gap+0.292%

Funding gap+0.0350% /8h

Both sides work: funding pays +$11 a day on $10k, and the gap is 0.153% above its 7d average: +$15 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$56+0.0350% /8h now · paid +0.559% over the last 6 days (all we have)

Price+$15spread +0.292% now, avg +0.139% → +0.153% if it goes back

Costs−$430.433% of $10k · taker + slippage, in and out

Result+$28+0.28%no pointsWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Phoenix price against Bulknow

RANGE STATS · 7D

Now+0.292%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PUMP on 42 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

Watch: Thin at this size5.7 / 15.9 bp
At $10k entering Phoenix costs 15.9 bp, fee and slippage, 2.8× Bulk’s.
Note: Margin at max leverage$1,000 + $1,000
Bulk 10x, Phoenix 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$10.50Long Bulk: 24 payments, −$3.00; short Phoenix: 24 payments, +$13.50.
OK: Entry gap works for you+0.292% vs +0.139%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$99K vs $242K OI
Bulk sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legBulk No · Phoenix No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0330%/8h × 21 periods+$69.34

Price spread+0.292% → +0.139% (7d avg)+$15.26

Slippage, 4 orderslive order books−$29.26

Fee Bulk bp × 2 orders−$7.00

Fee Phoenix bp × 2 orders−$7.00

Net · 7 days · $10k+$41.34

Costs to cover0.433%Break-even2.8 days

Slippage: Bulk: live order book, 3 min ago; Phoenix: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBulk0.865.7 bp−$68.0 bp−$80doesn’t fitdoesn’t fit

SELL · SHORTPhoenix2.0715.9 bp−$1650.1 bp−$501doesn’t fitdoesn’t fit

Closing costs about the same again.

PUMP news

posts that mention PUMP, from every exchangeSearch all news →

09-30 01:05	Reya	Listing	PUMPRUSDPERP no longer reported ($PUMP) seen by our collector
09-28 15:17	OKX	Other	New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗
09-28 15:16	Phoenix	Contest	It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗
09-25 14:48	Phoenix	Contest	$SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗
09-24 14:13	Bulk	Other	PUMP IT Trade $PUMP by @Pumpfun with up to 10x leverage now on @bulktrade on X ↗
09-18 16:36	RISEx	Other	Privacy is still holding with $ZEC in its second straight week as a top gainer: +12.34% to +35.35%. Everything else on the weekly board turned over. Oil went from a gainer to a loser (CL and BZ both went a full round trip), while $PUMP went from -15.44% to +10.44% this week. @risextrade on X ↗