PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h +0.035%

Price spread now: RISEx against Phoenix−0.362%50s7-day average −0.077% · you buy dearer than you sell

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−$430.427% of the position

Long on Phoenix Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.128%+$13 on $10k

Price spread, last 4 days (all we have)−0.151%−$15 · spread now −0.362%, 7d avg −0.077%

Together, before fees−0.024%−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.285% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.362% now, against its 7-day average of −0.077%). If the spread goes back, that is −$29 on $10k: about 3.2 days of funding at the current rate (+$9 a day). At the pace of the last 4 days (+0.128% in total) that is about 8.1 days. The two prices were read 50 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	0.004488	0.0342	pay 0.0043% / 1h	10m 41s	$46K	$119K	10x
Short	RISEx PUMP/USDC	0.004472	0.0638	get 0.0080% / 1h	10m 41s	$531K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.362%Rate

Funding earned: $62.15
Price spread: −0.362% → −0.077%: −$28.51
Slippage, 4 orders: −$29.75
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$9.11
Costs to cover: 0.427%
Break-even: 8.0 days

Slippage from Phoenix: live order book, 27 min ago; RISEx: live order book, 3 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 Phoenix live order book, 27 min ago	2.03 bp	16.1 bp −$16	58.0 bp −$580	doesn't fit	doesn't fit
Sell RISEx live order book, 3 min ago	2.23 bp	5.2 bp −$5	12.1 bp −$121	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	−0.2338%	1h	0.004471	−0.377%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004471	−0.381%	$18K	$242K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004471	−0.381%	$71K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004469	−0.418%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0012%	4h	0.004467	−0.470%	$4.9M	$10.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004471	−0.381%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.963%	$30K	$631K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004469	−0.414%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004469	−0.426%	$714K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004469	−0.426%	$496K	$823K	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	0.004469	−0.423%	$81.4M	$166.5M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004467	−0.470%	$24.4M	$95.5M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004480	−0.172%	$32K	$183K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004470	−0.403%	$65K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004471	−0.381%	$24.0M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004467	−0.470%	$17.6M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004468	−0.448%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004468	−0.441%	$797K	$204K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004482	−0.144%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004485	−0.071%	$1.3M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004483	−0.114%	$150K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004473	−0.336%	$107K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004471	−0.381%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004470	−0.411%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004473	−0.336%	$2K	$747K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004470	−0.403%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004472	−0.359%	$21K	$97K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004470	−0.403%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004471	−0.389%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004469	−0.426%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0198%	1h	0.004468	−0.448%	$54K	—	100x	as long as short
Extended PUMP-USD	+0.0280%	1h	0.004468	−0.442%	$3.9M	$3.9M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004473	−0.336%	$3.7M	$4.5M	75x	as long as short
Phoenix PUMPlong	+0.0342%	1h	0.004488	long leg	$46K	$119K	10x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004470	−0.408%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004472	−0.359%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004496	+0.176%	$39K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004489	+0.020%	$725K	$5.8M	50x	as long as short
Hyperliquid PUMP	+0.0517%	1h	0.004475	−0.292%	$167.7M	$51.9M	10x	as long as short
RISEx PUMP/USDCshort	+0.0638%	1h	0.004472	−0.362%	$531K	$1.0M	10x
Kraken Futures PF_PUMPUSD	+0.0656%	1h	0.004472	−0.353%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1032%	1h	0.004474	−0.315%	$518	$107K	10x	as long as short