PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.042%

Price spread now: Reya against Phoenix−0.287%59s7-day average — · you buy dearer than you sell

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

Long on Phoenix 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 0.287% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.287% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 43 days of funding at the current rate (+$1 a day). The two prices were read 59 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	Phoenix PUMP	0.004480	0.0321	pay 0.0040% / 1h	16m 19s	$43K	$103K	10x
Short	Reya PUMPRUSDPERP	0.004467	0.0344	get 0.0043% / 1h	16m 19s	$2	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Phoenix. 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 PhoenixbpFee ReyabpOrdersPrice spread, now −0.287%Rate

Funding earned: $4.69
Price spread: −0.287% → 0.000%: −$28.73
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: −$37.04
Costs to cover: 0.130%
Break-even: 62.2 days

Slippage unknown: Phoenix: live order book, 32 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 Phoenix live order book, 32 min ago	2.00 bp	16.2 bp −$16	58.0 bp −$580	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	0.004467	−0.281%	$18K	$230K	20x	as long as short
dYdX PUMP-USD	−0.0009%	1h	0.004472	−0.167%	$20K	$9K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004476	−0.080%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004468	−0.263%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004471	−0.192%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.777%	$31K	$792K	20x	as long as short
Orderly PERP_PUMP_USDC	+0.0099%	4h	0.004468	−0.259%	$42K	$10K	10x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004467	−0.270%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004469	−0.235%	$703K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004470	−0.214%	$489K	$783K	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	0.004467	−0.273%	$81.3M	$170.5M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004467	−0.281%	$24.3M	$98.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004475	−0.100%	$37K	$191K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004472	−0.170%	$61K	$86K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004466	−0.304%	$4.9M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004472	−0.170%	$23.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004469	−0.237%	$17.7M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004468	−0.259%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004474	−0.129%	$794K	$189K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004483	+0.074%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004486	+0.143%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004478	−0.036%	$149K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004472	−0.170%	$108K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004475	−0.103%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004484	+0.098%	$2K	$754K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004473	−0.147%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004480	+0.009%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004473	−0.147%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004471	−0.192%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004464	−0.348%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004468	−0.259%	$60K	—	100x	as long as short
Extended PUMP-USD	+0.0272%	1h	0.004466	−0.296%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004470	−0.214%	$6K	$727	10x	as long as short
Phoenix PUMPlong	+0.0321%	1h	0.004480	long leg	$43K	$103K	10x
BloFin PUMP-USDT	+0.0340%	4h	0.004475	−0.103%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERPshort	+0.0344%	1h	0.004467	−0.287%	$2	—	3x
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004477	−0.058%	$714K	$6.0M	50x	as long as short
Hyperliquid PUMP	+0.0501%	1h	0.004474	−0.125%	$167.4M	$55.9M	10x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004470	−0.203%	$531K	$994K	10x	as long as short
Aftermath Perps PUMPUSD	+0.0866%	1h	0.004474	−0.132%	$591	$117K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004455	−0.549%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1337%	1h	0.004475	−0.099%	$1.1M	$3.3M	50x	as long as short