Funding you earn now, next payment 09:00 UTC−0.0070%/8h= −7.6% APRnext payment −$0.09 per $10,000 · paid last 24h −0.015%
Price spread now: GMX against Reya−0.103%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GMX is 0.103% cheaper against Reya than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya PUMPRUSDPERP | 0.004602 | 0.0344 | pay 0.0043% / 1h | 22m 55s | $2 | — | 3x |
| Short | GMX PUMP/USD [WBTC.b-USDC] | 0.004597 | L +0.0305% / S −0.0274% | get 0.0034% / 1h | 22m 55s | $66K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Reya. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14.6
- Price spread: −0.103% → 0.000%
- −$10.33
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$42.93
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample | — | — | — | — | — |
Reya and GMX: 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 | −0.0126% | 1h | 0.004563 | −0.839% | $21K | $11K | 5x | as long as short |
| Gate PUMP_USDT | −0.0058% | 4h | 0.004593 | −0.190% | $4.9M | $10.1M | 75x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004598 | −0.082% | $18K | $264K | 20x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0003% | 1h | 0.004600 | −0.029% | $61K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004604 | +0.049% | $3.0M | $4.5M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004500 | −2.211% | $35K | $667K | 20x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004599 | −0.070% | $858K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004584 | −0.386% | $527K | $892K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004601 | −0.015% | $84.0M | $176.9M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004603 | +0.027% | $25.2M | $105.7M | 50x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004563 | −0.844% | $27K | $153K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004589 | −0.277% | $55K | $145K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004600 | −0.038% | $25.2M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004602 | +0.005% | $17.9M | $18.9M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004597 | −0.103% | — | $14.6M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004599 | −0.068% | $824K | $212K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004560 | −0.906% | $67K | $3.3M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004565 | −0.799% | $1.3M | $11.0M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004535 | −1.451% | $161K | $748K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004594 | −0.168% | $108K | $2.3M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004602 | +0.005% | $43K | $2K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004520 | −1.776% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004600 | −0.038% | $2K | $787K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004602 | +0.005% | $263 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004579 | −0.494% | $22K | $126K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004600 | −0.038% | $2.0M | $3.9M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0102% | 8h | 0.004588 | −0.298% | $44K | $276 | 5x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004598 | −0.075% | $3.8M | $3.9M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004598 | −0.082% | $68K | $10K | 3x | as long as short |
| Hyperliquid PUMP | +0.0124% | 1h | 0.004608 | +0.136% | $171.7M | $49.9M | 10x | as long as short |
| Nado PUMP-PERP | +0.0281% | 1h | 0.004601 | −0.027% | $1.7M | $2.2M | 10x | as long as short |
| 01 Exchange PUMPUSD | +0.0304% | 1h | 0.004593 | −0.190% | $6K | $600 | 10x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC]short | L +0.0305% / S −0.0274% | 1h | 0.004597 | −0.103% | $66K | — | 100x | |
| Phoenix PUMP | +0.0332% | 1h | 0.004578 | −0.518% | $45K | $146K | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004602 | +0.005% | $3.9M | $4.8M | 75x | as long as short |
| Reya PUMPRUSDPERPlong | +0.0344% | 1h | 0.004602 | long leg | $2 | — | 3x | |
| Injective PUMP/USDC PERP | +0.0344% | 1h | 0.004582 | −0.429% | $38K | $204K | 12x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0544% | 1h | 0.004607 | +0.114% | $756K | $6.3M | 50x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0619% | 1h | 0.004605 | +0.071% | $71K | $114K | 25x | as long as short |
| RISEx PUMP/USDC | +0.0741% | 1h | 0.004593 | −0.198% | $534K | $1.1M | 10x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0804% | 1h | 0.004605 | +0.068% | $1.1M | $3.6M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.0975% | 1h | 0.004553 | −1.053% | $704 | $108K | 10x | as long as short |
GMX PUMP/USD [WBTC.b-USDC]
Gate PUMP_USDT
gTrade (Gains Network) PUMP/USD
Lighter PUMP
Popdex PUMPUSDT
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
OKX PUMP-USDT-SWAP
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Extended PUMP-USD
Hyperliquid PUMP
01 Exchange PUMPUSD
Phoenix PUMP
BloFin PUMP-USDT
Injective PUMP/USDC PERP
Coinbase International PUMP-PERP-INTX
Deribit PUMP_USDC-PERPETUAL
RISEx PUMP/USDC
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD