Funding you earn now, next payment 02:00 UTC+0.0221%/8h= +24.2% APRpaid last 24h +0.031%
Price spread now: Phoenix against HTX+0.173%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1831.834% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)−0.184%−$18 · spread now +0.173%, 7d avg +0.121%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Phoenix is 0.052% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.121%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX PUMP-USDT | 0.004394 | 0.0100 | pay 0.0050% / 4h | 55m 05s | $21K | $117K | 20x |
| Short | Phoenix PUMP | 0.004402 | 0.0321 | get 0.0040% / 1h | 55m 05s | $43K | $120K | 10x |
HTX PUMP-USDT
Phoenix PUMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $46.45
- Price spread: +0.173% → +0.121%
- $5.23
- Slippage, 4 orders
- −$164.36
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$131.69
- Costs to cover
- 1.834%
- Break-even
- 26.8 days
Slippage from HTX: live order book, 1 min ago; Phoenix: live order book, 53 min ago.
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 HTX live order book, 1 min ago | 18.20 bp | 73.7 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 53 min ago | 2.00 bp | 16.2 bp −$16 | 50.3 bp −$503 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PUMP_USDC_PERP | −0.0596% | 1h | 0.004380 | −0.316% | $776K | $197K | 5x | as long as short |
| dYdX PUMP-USD | 0.0000% | 1h | 0.004398 | +0.097% | $20K | $9K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004388 | −0.137% | $18K | $234K | 20x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004386 | −0.182% | $70K | $124K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004391 | −0.068% | $53K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004389 | −0.114% | $2.8M | $5.4M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004300 | −2.139% | $28K | $819K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004394 | +0.011% | $1.6M | $2.1M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004389 | −0.123% | $690K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004397 | +0.068% | $488K | $817K | 10x | as long as short |
Backpack PUMP_USDC_PERP
dYdX PUMP-USD
Perpl PUMP
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Lighter PUMP
Popdex PUMPUSDT
Nado PUMP-PERP
Aster PUMPUSDT
Pacifica PUMPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PUMPUSDT | +0.0100% | 4h | 0.004380 | −0.320% | $79.5M | $172.3M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004382 | −0.273% | $23.8M | $96.9M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004378 | −0.369% | $36K | $186K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004393 | −0.023% | $64K | $91K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004382 | −0.273% | $4.8M | $11.1M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004387 | −0.159% | $23.4M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004381 | −0.296% | $17.4M | $20.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004381 | −0.296% | — | $12.9M | — | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004389 | −0.106% | $64K | $3.1M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004401 | +0.152% | $1.2M | $10.5M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004390 | −0.091% | $146K | $751K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004398 | +0.091% | $97K | $2.1M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004386 | −0.182% | $41K | $11K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004386 | −0.180% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004390 | −0.091% | $2K | $761K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004388 | −0.137% | $275 | $7K | 10x | as long as short |
| HTX PUMP-USDTlong | +0.0100% | 4h | 0.004394 | long leg | $21K | $117K | 20x | |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004385 | −0.205% | $2.0M | $4.0M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004395 | +0.034% | $42K | $276 | 5x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004383 | −0.250% | $70K | $11K | 3x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0191% / S −0.0050% | 1h | 0.004389 | −0.114% | $59K | — | 100x | as long as short |
| Extended PUMP-USD | +0.0208% | 1h | 0.004388 | −0.147% | $3.8M | $4.3M | 50x | as long as short |
| 01 Exchange PUMPUSD | +0.0240% | 1h | 0.004394 | 0.000% | $6K | $727 | 10x | as long as short |
| Phoenix PUMPshort | +0.0321% | 1h | 0.004402 | +0.173% | $43K | $120K | 10x | |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004394 | 0.000% | $3.6M | $4.4M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004396 | +0.040% | $2 | — | 3x | as long as short |
| Hyperliquid PUMP | +0.0374% | 1h | 0.004388 | −0.137% | $163.9M | $56.1M | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0440% | 1h | 0.004391 | −0.068% | $693K | $5.8M | 50x | as long as short |
| RISEx PUMP/USDC | +0.0570% | 1h | 0.004395 | +0.017% | $522K | $1.0M | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0706% | 1h | 0.004404 | +0.228% | $38K | $204K | 12x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0807% | 1h | 0.004390 | −0.098% | $1.1M | $3.4M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.0878% | 1h | 0.004403 | +0.213% | $582 | $115K | 10x | as long as short |
Binance PUMPUSDT
OKX PUMP-USDT-SWAP
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Orderly PERP_PUMP_USDC
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Aevo PUMP-PERP
GMX PUMP/USD [WBTC.b-USDC]
Extended PUMP-USD
01 Exchange PUMPUSD
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Hyperliquid PUMP
Coinbase International PUMP-PERP-INTX
RISEx PUMP/USDC
Injective PUMP/USDC PERP
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD