PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0071%/8h= +7.8% APRnext payment +$0.09 per $10,000 · paid last 24h +0.043%

Price spread now: Phoenix against Popdex+0.523%7-day average +1.476% · 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−$161as in the Price arb table

costs, in and out, $10k−$660.662% of the position

Long on Popdex Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.075%+$8 on $10k

Price spread, last 3 days (all we have)+2.038%+$204 · spread now +0.523%, 7d avg +1.476%

Together, before fees+2.114%+$211 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.952% cheaper against Popdex than usual: you would sell low and buy high (spread +0.523% now, against its 7-day average of +1.476%). If the spread goes back, that is −$95 on $10k: about 45 days of funding at the current rate (+$2 a day).

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	54m 36s	$29K	$776K	20x
Short	Phoenix PUMP	0.004322	0.0167	get 0.0021% / 1h	54m 36s	$39K	$99K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.523%Rate

Funding earned: $14.94
Price spread: +0.523% → +1.476%: −$95.23
Slippage, 4 orders: −$52.83
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$146.52
Costs to cover: 0.662%
Break-even: 75.7 days

Slippage from Popdex: live order book, 34 min ago; Phoenix: live order book, 26 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, 34 min ago	4.64 bp	16.7 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 26 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	−0.5272%	1h	0.004312	+0.279%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0133%	1h	0.004326	+0.593%	$772K	$184K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0047%	4h	0.004299	−0.023%	$22.6M	$94.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0013%	4h	0.004326	+0.605%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004321	+0.488%	$20K	$201K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004326	+0.593%	$55K	—	150x	as long as short
01 Exchange PUMPUSD	+0.0048%	1h	0.004317	+0.395%	$6K	$497	10x	as long as short
Lighter PUMP	+0.0080%	1h	0.004312	+0.279%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDTlong	+0.0096%	1h	0.004300	long leg	$29K	$776K	20x
Gate PUMP_USDT	+0.0098%	4h	0.004302	+0.047%	$4.6M	$11.6M	75x	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	0.004303	+0.078%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004320	+0.477%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004316	+0.372%	$158.0M	$52.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004317	+0.402%	$784K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004311	+0.256%	$448K	$614K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004311	+0.247%	$76.5M	$165.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004325	+0.572%	$20K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004305	+0.116%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004312	+0.279%	$22.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004298	−0.047%	$17.1M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004298	−0.047%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004316	+0.371%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004317	+0.404%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004318	+0.419%	$136K	$767K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004326	+0.605%	$110K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004328	+0.645%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004325	+0.581%	$1K	$709K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004326	+0.605%	$713	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004316	+0.372%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004326	+0.605%	$2.0M	$4.1M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004299	−0.022%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004326	+0.605%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004307	+0.174%	$491K	$1.0M	10x	as long as short
Phoenix PUMPshort	+0.0167%	1h	0.004322	+0.523%	$39K	$99K	10x
Deribit PUMP_USDC-PERPETUAL	+0.0212%	1h	0.004331	+0.721%	$70K	$125K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004323	+0.535%	$658K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0305% / S −0.0221%	1h	0.004325	+0.581%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004321	+0.488%	$3.4M	$3.7M	75x	as long as short
Aftermath Perps PUMPUSD	+0.0341%	1h	0.004319	+0.452%	$200	$105K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004324	+0.548%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004327	+0.628%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0686%	1h	0.004331	+0.712%	$1.3M	$3.5M	50x	as long as short