Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0248%/8h= +27.2% APRpaid last 24h +0.089%

Price spread now: Reya against OKX+0.152%7-day average — · you sell dearer than you buy

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

Long on OKX 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 0.152% dearer against OKX than usual: you sell high and buy low: +$15 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	OKX PUMP-USDT-SWAP	0.004478	0.0095	pay 0.0048% / 4h	3h 14m	$23.7M	$98.6M	50x
Short	Reya PUMPRUSDPERP	0.004485	0.0344	get 0.0043% / 1h	14m 09s	$2	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against OKX. 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 OKXbpFee ReyabpOrdersPrice spread, now +0.152%Rate

Funding earned: $52.09
Price spread: +0.152% → 0.000%: $15.22
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $51.31
Costs to cover: 0.160%
Break-even: 0.1 days

Slippage unknown: OKX: 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 OKX live order book, 5 min ago	1.13 bp	9.4 bp −$9	26.3 bp −$263	243.3 bp −$24.3K	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	−0.0462%	1h	0.004481	+0.073%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004484	+0.134%	$18K	$202K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004491	+0.290%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004490	+0.257%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0053%	4h	0.004490	+0.268%	$42K	$10K	10x	as long as short
OKX PUMP-USDT-SWAPlong	+0.0095%	4h	0.004478	long leg	$23.7M	$98.6M	50x
Lighter PUMP	+0.0096%	1h	0.004491	+0.290%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.742%	$28K	$776K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004493	+0.342%	$730K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004481	+0.067%	$477K	$627K	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	0.004488	+0.231%	$80.6M	$164.1M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004458	−0.451%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004484	+0.134%	$40K	$55K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004490	+0.268%	$4.9M	$10.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004496	+0.402%	$23.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004490	+0.268%	$18.0M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004489	+0.246%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004492	+0.317%	$800K	$172K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004461	−0.388%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004469	−0.195%	$1.2M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004471	−0.156%	$141K	$760K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004485	+0.167%	$1.7M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004488	+0.223%	$105K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004490	+0.271%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004492	+0.313%	$2K	$726K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004490	+0.268%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004480	+0.045%	$21K	$128K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004490	+0.268%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004482	+0.079%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004489	+0.257%	$3.7M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004485	+0.156%	$72K	$12K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004488	+0.223%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004435	−0.967%	$40K	$99K	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004486	+0.168%	$489K	$990K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004487	+0.201%	$3.6M	$4.6M	75x	as long as short
Reya PUMPRUSDPERPshort	+0.0344%	1h	0.004485	+0.152%	$2	—	3x
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004484	+0.134%	$730K	$5.7M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0353% / S −0.0291%	1h	0.004489	+0.246%	$74K	—	100x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004491	+0.290%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0557%	1h	0.004497	+0.424%	$166.2M	$54.3M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0690%	1h	0.004462	−0.349%	$390	$109K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0915%	1h	0.004497	+0.415%	$1.3M	$3.4M	50x	as long as short