Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.073%

Price spread now: Binance against Reya+0.122%7-day average — · you sell dearer than you buy

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

Long on Reya Short on Binance

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

The price spread pays, funding is against you. Binance is 0.122% dearer against Reya than usual: you sell high and buy low (spread +0.122% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 40 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya PUMPRUSDPERP	0.004493	0.0344	pay 0.0043% / 1h	6m 58s	$2	—	3x
Short	Binance PUMPUSDT	0.004498	0.0100	get 0.0050% / 4h	2h 06m	$82.2M	$167.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Reya. 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 ReyabpFee BinancebpOrdersPrice spread, now +0.122%Rate

Funding earned: −$51.14
Price spread: +0.122% → 0.000%: $12.25
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$54.89
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Binance: live order book, 6 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell Binance live order book, 6 min ago	1.11 bp	9.8 bp −$10	19.1 bp −$191	60.4 bp −$6,045	285.5 bp −$142.8K

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 41 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	−0.4420%	1h	0.004499	+0.143%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004491	−0.039%	$18K	$214K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004496	+0.072%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004494	+0.027%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0085%	4h	0.004495	+0.050%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004500	+0.161%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.065%	$29K	$778K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004495	+0.039%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004497	+0.103%	$697K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004499	+0.139%	$524K	$717K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDTshort	+0.0100%	4h	0.004498	+0.122%	$82.2M	$167.6M	75x
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004497	+0.094%	$24.5M	$99.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004489	−0.081%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004494	+0.028%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004495	+0.050%	$4.9M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004501	+0.183%	$23.9M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004497	+0.094%	$17.7M	$19.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004494	+0.028%	—	$13.0M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004499	+0.132%	$800K	$186K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004483	−0.212%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004485	−0.173%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004482	−0.239%	$149K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004496	+0.072%	$99K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004495	+0.059%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004494	+0.028%	$2K	$744K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004498	+0.117%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004491	−0.039%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004500	+0.161%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004492	−0.017%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004494	+0.028%	$72K	$8K	3x	as long as short
Extended PUMP-USD	+0.0224%	1h	0.004497	+0.104%	$3.8M	$4.3M	50x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004502	+0.206%	$43K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004499	+0.139%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004497	+0.094%	$531K	$1.0M	10x	as long as short
Reya PUMPRUSDPERPlong	+0.0344%	1h	0.004493	long leg	$2	—	3x
GMX PUMP/USD [WBTC.b-USDC]	L +0.0364% / S −0.0295%	1h	0.004493	+0.005%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004499	+0.139%	$715K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004511	+0.406%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0734%	1h	0.004505	+0.272%	$168.9M	$55.3M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0860%	1h	0.004497	+0.088%	$594	$112K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1236%	1h	0.004504	+0.242%	$1.3M	$3.1M	50x	as long as short