Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.073%

Price spread now: Reya against KuCoin+0.106%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Reya is 0.106% dearer against KuCoin than usual: you sell high and buy low: +$11 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	KuCoin PUMPUSDTM	0.004461	0.0100	pay 0.0050% / 4h	1h 37m	$23.7M	$14.0M	50x
Short	Reya PUMPRUSDPERP	0.004466	0.0344	get 0.0043% / 1h	37m 33s	$2	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against KuCoin. 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 KuCoinbpFee ReyabpOrdersPrice spread, now +0.106%Rate

Funding earned: $51.14
Price spread: +0.106% → 0.000%: $10.6
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $43.74
Costs to cover: 0.180%
Break-even: 1.0 days

Slippage unknown: KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago	2.22 bp	25.9 bp −$26	71.5 bp −$715	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
Perpl PUMP	−0.0112%	43m	0.004465	+0.090%	$18K	$225K	20x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004464	+0.070%	$20K	$9K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004466	+0.112%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004465	+0.088%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0094%	4h	0.004464	+0.067%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004462	+0.022%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.367%	$27K	$786K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004466	+0.123%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004464	+0.061%	$702K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004461	0.000%	$520K	$736K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004466	+0.112%	$81.6M	$169.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004466	+0.112%	$24.3M	$98.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004465	+0.083%	$32K	$185K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004462	+0.022%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004458	−0.067%	$5.0M	$11.2M	75x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004461	long leg	$23.7M	$14.0M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004465	+0.090%	$17.7M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004461	0.000%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004461	−0.007%	$793K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004477	+0.355%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004465	+0.081%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004463	+0.045%	$149K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004469	+0.179%	$107K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004464	+0.077%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004463	+0.045%	$1K	$752K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004463	+0.045%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004460	−0.022%	$21K	$120K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004464	+0.067%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004463	+0.040%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004459	−0.045%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0230% / S −0.0083%	1h	0.004464	+0.067%	$60K	—	100x	as long as short
Extended PUMP-USD	+0.0272%	1h	0.004460	−0.016%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004468	+0.157%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004482	+0.480%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004462	+0.022%	$3.7M	$4.6M	75x	as long as short
Reya PUMPRUSDPERPshort	+0.0344%	1h	0.004466	+0.106%	$2	—	3x
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004472	+0.247%	$696K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004463	+0.045%	$531K	$991K	10x	as long as short
Hyperliquid PUMP	+0.0602%	1h	0.004473	+0.269%	$167.3M	$55.8M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0861%	1h	0.004486	+0.550%	$592	$117K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004478	+0.381%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1340%	1h	0.004464	+0.075%	$1.1M	$3.3M	50x	as long as short