Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.003938 | +0.0100 | pay 0.0013% / 1h | 52m 59s | $12K | $104K | 15x | Long Reya | |
| SHORT | 0.003936 | +0.0100 | get 0.0013% / 1h | 52m 59s | $192K | $244K | 10x | Short Bulk |
Price gap−0.049%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.036% under its 7d average: the price leg works against you, −$4 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$410.0000% /8h now · paid +0.412% over the last 6 days (all we have)
Price−$4spread −0.049% now, avg −0.014% → −0.036% if it goes back
Costsno datano order book for Reya
Result, before costs+$38+0.38%+ Points / potential airdropReya: points · farm boardcosts unknown: no order book for Reya · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.049%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPUMP on 48 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Reya: its slippage is not counted.
- Note: Margin at max leverage$667 + $1,000Reya 15x, Bulk 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Reya: 24 payments, −$3.00; short Bulk: 24 payments, +$3.00.
- Watch: Gap narrower than usual−0.049% vs −0.014%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$12K vs $192K OIReya sets your exit cost. Check its book before closing.
- OK: Points on a legReya pointsVolume here counts toward the points program.
- OK: No KYC on either legReya No · Bulk NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0221%/8h × 21 periods+$46.39
Price spread−0.049% → −0.014% (7d avg)−$3.56
Slippage, 4 ordersno data for Reya—
Fee Reya bp × 2 orders−$6.00
Fee Bulk bp × 2 orders−$7.00
Net, fees only · 7 days · $10k+$29.84
Costs to cover0.130%Break-even2.5 days
Slippage: Reya: no order-book sample; Bulk: live order book, 55 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGReya—————
SELL · SHORTBulk1.246.9 bp−$78.9 bp−$89doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya: no data.
| 10-29 16:57 | Katana Perps | Listing | new market PUMP-USD ($PUMP) seen by our collector |
| 10-28 16:00 | OKX | Other | Europe, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗ |
| 10-23 09:05 | Reya | Listing | new market PUMPRUSDPERP ($PUMP) seen by our collector |
| 10-15 05:29 | Derive | Listing | $PUMP options and perps are live on Derive. Block-size trades have already printed via RFQ. The order book is now just as tradeable, with deep liquidity on screen. @DeriveXYZ on X ↗ |
| 10-13 15:13 | OKX | Other | Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗ |
| 10-13 13:51 | Ondo Perps | Listing | New crypto perps campaign. New users can get up to 75% of fees back on crypto trades. The more volume you trade, the higher your fee rebate: ▸ $10K+ volume → get 10% of fees back ▸ $50K+ → get 25% back ▸ $250K+ → get 50% back ▸ $1M+ → get 75% back Crypto perps included in the campaign: ▸ $BTC ▸ $ETH ▸ $ZEC ▸ $SOL ▸ $ENA ▸ $XRP ▸ $HYPE ▸ $PUMP ▸ $ONDO Running from October 13 at 9AM ET to October 20 at 9AM ET. Limited to users who sign up for Ondo Perps after the campaign starts. Rebates are capped at $500 per user. Trade now → @OndoPerps on X ↗ |

Katana Perps
OKX
Derive