PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.08 per $10,000 · paid last 24h +0.042%

Price spread now: Phoenix against Nado+0.209%57s7-day average +0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$470.468% of the position

Long on Nado Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.073%+$7 on $10k

Price spread, last 3 days (all we have)−0.251%−$25 · spread now +0.209%, 7d avg +0.086%

Together, before fees−0.178%+ Points / potential airdropNado: Active · farm board−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.122% dearer against Nado than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.086%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado PUMP-PERP	0.004313	0.0100	pay 0.0012% / 1h	56m 27s	$1.6M	$2.0M	10x
Short	Phoenix PUMP	0.004322	0.0167	get 0.0021% / 1h	56m 27s	$39K	$99K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Nado. 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 NadobpFee PhoenixbpOrdersPrice spread, now +0.209%Rate

Funding earned: $14.1
Price spread: +0.209% → +0.086%: $12.24
Slippage, 4 orders: −$32.76
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$20.41
Costs to cover: 0.468%
Break-even: 17.1 days

Slippage from Nado: live order book, 2 min ago; Phoenix: live order book, 24 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 Nado live order book, 2 min ago	1.16 bp	7.1 bp −$7	20.8 bp −$208	doesn't fit	doesn't fit
Sell Phoenix live order book, 24 min ago	2.09 bp	16.2 bp −$16	50.4 bp −$504	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
dYdX PUMP-USD	−0.5400%	1h	0.004322	+0.198%	$20K	$8K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0037%	4h	0.004309	−0.104%	$22.6M	$94.8M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0013%	4h	0.004318	+0.104%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004314	+0.012%	$20K	$201K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004320	+0.151%	$70K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004315	+0.035%	$55K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0022%	1h	0.004318	+0.114%	$771K	$185K	5x	as long as short
01 Exchange PUMPUSD	+0.0072%	1h	0.004314	+0.012%	$6K	$497	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004318	+0.104%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.313%	$29K	$775K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004315	+0.027%	$41K	—	5x	as long as short
Nado PUMP-PERPlong	+0.0100%	1h	0.004313	long leg	$1.6M	$2.0M	10x
Hyperliquid PUMP	+0.0100%	1h	0.004317	+0.081%	$158.0M	$52.3M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004318	+0.104%	$784K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004319	+0.128%	$449K	$614K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004314	+0.003%	$76.5M	$165.3M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004312	−0.030%	$20K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004315	+0.035%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004315	+0.035%	$4.6M	$11.6M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004318	+0.104%	$22.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004312	−0.035%	$17.1M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004315	+0.035%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004323	+0.212%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004324	+0.243%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004327	+0.313%	$137K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004315	+0.035%	$110K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004319	+0.127%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004320	+0.151%	$2K	$711K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004317	+0.081%	$712	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004313	−0.012%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004320	+0.151%	$2.0M	$4.1M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004313	−0.011%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004317	+0.081%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004315	+0.045%	$492K	$1.0M	10x	as long as short
Phoenix PUMPshort	+0.0167%	1h	0.004322	+0.209%	$39K	$99K	10x
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004326	+0.290%	$657K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0222%	1h	0.004318	+0.104%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004314	+0.012%	$3.4M	$3.7M	75x	as long as short
Aftermath Perps PUMPUSD	+0.0340%	1h	0.004319	+0.125%	$200	$105K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004312	−0.045%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004327	+0.313%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0687%	1h	0.004322	+0.203%	$1.3M	$3.5M	50x	as long as short