Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.073%

Price spread now: Reya against edgeX+0.591%7-day average — · you sell dearer than you buy

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

Long on edgeX Short on Reya

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—+ Points / potential airdropedgeX: Active · Reya: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.591% dearer against edgeX than usual: you sell high and buy low: +$59 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX PUMPUSDC	0.004439	0.0100	pay 0.0050% / 4h	3h 16m	$65K	$3.0M	20x
Short	Reya PUMPRUSDPERP	0.004465	0.0344	get 0.0043% / 1h	16m 55s	$2	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against edgeX. 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 edgeXbpFee ReyabpOrdersPrice spread, now +0.591%Rate

Funding earned: $51.14
Price spread: +0.591% → 0.000%: $59.1
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Reya: 3 bp × 2 orders: −$6
Net: $95.24
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: edgeX: live order book, 2 min ago; Reya: 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 edgeX live order book, 2 min ago	4.52 bp	16.4 bp −$16	20.7 bp −$207	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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	−0.0042%	1h	0.004469	+0.688%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004468	+0.663%	$18K	$204K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004466	+0.618%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004465	+0.597%	$56K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0053%	4h	0.004466	+0.618%	$42K	$10K	10x	as long as short
OKX PUMP-USDT-SWAP	+0.0083%	4h	0.004470	+0.708%	$23.5M	$98.8M	50x	as long as short
Lighter PUMP	+0.0096%	1h	0.004468	+0.663%	$3.0M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.869%	$28K	$777K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004468	+0.674%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004470	+0.705%	$726K	$2.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PUMP	+0.0100%	1h	0.004461	+0.505%	$475K	$627K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004472	+0.742%	$80.3M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004458	+0.433%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004471	+0.730%	$43K	$52K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004471	+0.730%	$4.8M	$10.6M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004475	+0.820%	$23.7M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004472	+0.753%	$17.9M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004471	+0.730%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004470	+0.696%	$796K	$172K	5x	as long as short
edgeX PUMPUSDClong	+0.0100%	4h	0.004439	long leg	$65K	$3.0M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004438	−0.005%	$1.2M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004440	+0.032%	$140K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004472	+0.753%	$107K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004466	+0.617%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004467	+0.640%	$2K	$725K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004466	+0.618%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004464	+0.573%	$21K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004469	+0.685%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004468	+0.654%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004472	+0.742%	$3.7M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004462	+0.527%	$71K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004467	+0.640%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004435	−0.088%	$40K	$99K	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004471	+0.734%	$488K	$1.0M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004465	+0.595%	$3.6M	$4.5M	75x	as long as short
Reya PUMPRUSDPERPshort	+0.0344%	1h	0.004465	+0.591%	$2	—	3x
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004470	+0.708%	$742K	$5.7M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0352% / S −0.0290%	1h	0.004465	+0.595%	$74K	—	100x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004476	+0.843%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0515%	1h	0.004477	+0.865%	$165.4M	$54.2M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0687%	1h	0.004444	+0.118%	$388	$109K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0920%	1h	0.004471	+0.741%	$1.3M	$3.5M	50x	as long as short