Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.073%

Price spread now: BingX against Reya+0.055%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 BingX

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. BingX is 0.055% dearer against Reya than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya PUMPRUSDPERP	0.004297	0.0344	pay 0.0043% / 1h	51m 01s	$2	—	3x
Short	BingX PUMP-USDT	0.004299	0.0100	get 0.0050% / 4h	2h 51m	—	$12.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$51.14
Price spread: +0.055% → 0.000%: $5.54
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$61.6
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; BingX: live order book, 2 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 BingX live order book, 2 min ago	1.16 bp	6.8 bp −$7	13.2 bp −$132	37.0 bp −$3,700	123.2 bp −$61.6K

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
dYdX PUMP-USD	−0.4465%	1h	0.004300	+0.078%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0462%	1h	0.004299	+0.062%	$769K	$185K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0075%	4h	0.004299	+0.055%	$22.5M	$94.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0015%	4h	0.004298	+0.032%	$40K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004297	+0.009%	$19K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004301	+0.102%	$68K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004299	+0.050%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0066%	4h	0.004298	+0.032%	$4.6M	$11.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004299	+0.055%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004200	−2.249%	$28K	$775K	20x	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	0.004298	+0.032%	$41K	—	5x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004305	+0.195%	$157.5M	$52.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004299	+0.062%	$781K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004298	+0.032%	$447K	$614K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004301	+0.102%	$76.3M	$164.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004312	+0.353%	$20K	$177K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004298	+0.032%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004300	+0.079%	$22.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004299	+0.055%	$16.9M	$19.2M	75x	as long as short
BingX PUMP-USDTshort	+0.0100%	4h	0.004299	+0.055%	—	$12.8M	—
edgeX PUMPUSDC	+0.0100%	4h	0.004310	+0.315%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004321	+0.567%	$1.2M	$9.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004314	+0.405%	$136K	$767K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004296	−0.003%	$1.6M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004300	+0.079%	$107K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004300	+0.079%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004299	+0.055%	$1K	$709K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004297	+0.009%	$709	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004296	−0.014%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004295	−0.038%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004298	+0.035%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004298	+0.032%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004300	+0.078%	$490K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004311	+0.328%	$39K	$99K	10x	as long as short
01 Exchange PUMPUSD	+0.0144%	1h	0.004298	+0.032%	$6K	$497	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004302	+0.125%	$654K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0221%	1h	0.004299	+0.055%	$66K	—	100x	as long as short
Aftermath Perps PUMPUSD	+0.0329%	1h	0.004312	+0.356%	$271	$106K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004299	+0.055%	$3.4M	$3.6M	75x	as long as short
Reya PUMPRUSDPERPlong	+0.0344%	1h	0.004297	long leg	$2	—	3x
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.637%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0690%	1h	0.004303	+0.141%	$1.3M	$3.5M	50x	as long as short