PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0086%/8h= +9.5% APRnext payment +$0.11 per $10,000 · paid last 24h −0.366%

Price spread now: Injective against Popdex+1.884%106s7-day average +1.269% · 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−$1021.015% of the position

Long on Popdex Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.714%−$71 on $10k

Price spread, last 3 days (all we have)+0.037%+$4 · spread now +1.884%, 7d avg +1.269%

Together, before fees−0.677%−$68 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Injective is 0.615% dearer against Popdex than usual: you sell high and buy low: +$61 more if the spread goes back to its 7-day average of +1.269%. Mind the row above: over the last 3 days funding on this pair cost −0.714%, so the current rate has only just turned in your favour. The two prices were read 106 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	Popdex PUMPUSDT	0.004300	0.0096	pay 0.0012% / 1h	31m 30s	$26K	$769K	20x
Short	Injective PUMP/USDC PERP	0.004381	0.0182	get 0.0023% / 1h	31m 30s	$39K	$207K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Popdex. 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 PopdexbpFee InjectivebpOrdersPrice spread, now +1.884%Rate

Funding earned: $18.15
Price spread: +1.884% → +1.269%: $61.47
Slippage, 4 orders: −$95.11
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$21.91
Costs to cover: 1.015%
Break-even: 15.4 days

Slippage from Popdex: live order book, 48 min ago; Injective: live order book, 47 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 Popdex live order book, 48 min ago	1.15 bp	12.2 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Injective live order book, 47 min ago	12.67 bp	21.9 bp −$22	doesn't fit	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	−0.0005%	1h	0.004358	+1.360%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0002%	4h	0.004355	+1.279%	$22.8M	$96.4M	50x	as long as short
Perpl PUMP	0.0000%	43m	0.004355	+1.279%	$18K	$205K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004363	+1.465%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004361	+1.427%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0013%	4h	0.004360	+1.395%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004356	+1.302%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDTlong	+0.0096%	1h	0.004300	long leg	$26K	$769K	20x
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004356	+1.298%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004356	+1.314%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004357	+1.329%	$728K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004356	+1.302%	$456K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004356	+1.302%	$77.7M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004358	+1.347%	$26K	$163K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004357	+1.326%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004354	+1.256%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004359	+1.372%	$23.2M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004356	+1.302%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004355	+1.279%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004359	+1.374%	$777K	$182K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004361	+1.420%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004359	+1.372%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004363	+1.465%	$138K	$763K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004360	+1.395%	$93K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004361	+1.422%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004361	+1.419%	$2K	$718K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004358	+1.349%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004363	+1.465%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004358	+1.349%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004356	+1.297%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004360	+1.395%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004366	+1.526%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERPshort	+0.0182%	1h	0.004381	+1.884%	$39K	$207K	12x
RISEx PUMP/USDC	+0.0194%	1h	0.004359	+1.360%	$484K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0224%	1h	0.004360	+1.395%	$6K	$830	10x	as long as short
Hyperliquid PUMP	+0.0288%	1h	0.004360	+1.395%	$160.4M	$53.1M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004365	+1.512%	$677K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0320% / S −0.0242%	1h	0.004360	+1.395%	$68K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004361	+1.419%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004355	+1.279%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0447%	1h	0.004373	+1.689%	$182	$105K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0866%	1h	0.004364	+1.496%	$1.3M	$3.5M	50x	as long as short