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 −0.074%

Price spread now: Gate against Reya+0.014%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 Gate

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya PUMPRUSDPERP	0.004312	0.0344	pay 0.0043% / 1h	40m 02s	$2	—	3x
Short	Gate PUMP_USDT	0.004313	0.0100	get 0.0050% / 4h	2h 40m	$4.6M	$11.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.014%Rate

Funding earned: −$51.14
Price spread: +0.014% → 0.000%: $1.36
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$70.78
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago	4.66 bp	19.4 bp −$19	42.7 bp −$427	86.0 bp −$8,595	doesn't fit

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	−0.2234%	1h	0.004313	+0.013%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0533%	1h	0.004313	+0.011%	$772K	$182K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004310	−0.056%	$20K	$204K	20x	as long as short
OKX PUMP-USDT-SWAP	−0.0066%	4h	0.004311	−0.033%	$22.6M	$94.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0015%	4h	0.004313	+0.014%	$41K	$10K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004317	+0.106%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004314	+0.039%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004313	+0.014%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.288%	$29K	$774K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004311	−0.022%	$41K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PUMP-PERP	+0.0100%	1h	0.004308	−0.091%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004317	+0.106%	$157.8M	$52.4M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004312	−0.020%	$783K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004313	+0.014%	$448K	$611K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004314	+0.033%	$76.5M	$164.2M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004293	−0.441%	$25K	$182K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004311	−0.033%	$42K	$53K	10x	as long as short
Gate PUMP_USDTshort	+0.0100%	4h	0.004313	+0.014%	$4.6M	$11.7M	75x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004316	+0.083%	$22.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004312	−0.010%	$17.0M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004312	−0.010%	—	$12.8M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004297	−0.354%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004297	−0.356%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004298	−0.334%	$136K	$767K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004316	+0.083%	$107K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004315	+0.055%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004316	+0.083%	$1K	$708K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004313	+0.014%	$711	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004302	−0.241%	$21K	$148K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004315	+0.060%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004311	−0.032%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004313	+0.014%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004313	+0.013%	$491K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004300	−0.276%	$38K	$99K	10x	as long as short
01 Exchange PUMPUSD	+0.0136%	1h	0.004312	−0.010%	$6K	$497	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004315	+0.060%	$655K	$5.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0303%	1h	0.004303	−0.211%	$179	$107K	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0305% / S −0.0221%	1h	0.004314	+0.037%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004306	−0.149%	$3.4M	$3.6M	75x	as long as short
Reya PUMPRUSDPERPlong	+0.0344%	1h	0.004312	long leg	$2	—	3x
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.269%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0688%	1h	0.004319	+0.143%	$1.3M	$3.5M	50x	as long as short