Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.074%

Price spread now: Reya against Gate−0.095%7-day average — · you buy dearer than you sell

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

Long on Gate 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 airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.095% cheaper against Gate than usual: you would sell low and buy high (spread −0.095% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 31 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PUMP_USDT	0.004486	0.0100	pay 0.0050% / 4h	2h 08m	$4.9M	$11.1M	75x
Short	Reya PUMPRUSDPERP	0.004482	0.0344	get 0.0043% / 1h	8m 54s	$2	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Gate. 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 GatebpFee ReyabpOrdersPrice spread, now −0.095%Rate

Funding earned: $51.14
Price spread: −0.095% → 0.000%: −$9.5
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Reya: 3 bp × 2 orders: −$6
Net: $20.64
Costs to cover: 0.210%
Break-even: 4.2 days

Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago	2.23 bp	15.8 bp −$16	26.9 bp −$269	75.5 bp −$7,554	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 41 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	−0.4597%	1h	0.004484	−0.042%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004479	−0.156%	$18K	$213K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004482	−0.089%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004480	−0.126%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0084%	4h	0.004482	−0.089%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004483	−0.067%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.917%	$29K	$773K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004483	−0.056%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004486	−0.004%	$695K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004486	0.000%	$523K	$717K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004486	0.000%	$81.9M	$168.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004484	−0.045%	$24.4M	$98.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004489	+0.069%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004484	−0.045%	$41K	$66K	10x	as long as short
Gate PUMP_USDTlong	+0.0100%	4h	0.004486	long leg	$4.9M	$11.1M	75x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004489	+0.067%	$23.8M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004485	−0.022%	$17.7M	$19.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004484	−0.045%	—	$13.0M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004482	−0.087%	$797K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004501	+0.335%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004501	+0.335%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004504	+0.401%	$150K	$753K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004486	0.000%	$99K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004481	−0.108%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004482	−0.089%	$2K	$745K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004483	−0.067%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004475	−0.245%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004481	−0.111%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004487	+0.019%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004479	−0.156%	$71K	$8K	3x	as long as short
Extended PUMP-USD	+0.0216%	1h	0.004485	−0.014%	$3.8M	$4.3M	50x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004502	+0.357%	$43K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0312%	1h	0.004487	+0.022%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004485	−0.022%	$530K	$1.1M	10x	as long as short
Reya PUMPRUSDPERPshort	+0.0344%	1h	0.004482	−0.095%	$2	—	3x
GMX PUMP/USD [WBTC.b-USDC]	L +0.0364% / S −0.0295%	1h	0.004480	−0.134%	$72K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004493	+0.156%	$714K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004511	+0.557%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0736%	1h	0.004491	+0.111%	$168.3M	$55.3M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0868%	1h	0.004493	+0.152%	$593	$112K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1240%	1h	0.004488	+0.044%	$1.3M	$3.1M	50x	as long as short