Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0244%/8h= −26.7% APRnext payment $0.30 per $10,000 · paid last 24h −0.073%
Price spread now: Ondo Perps against Reya−0.308%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Ondo Perps is 0.308% cheaper against Reya than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya PUMPRUSDPERP0.0045700.0344pay 0.0043% / 1h0m 48s$23x
ShortOndo Perps PUMP-USD.P0.0045560.0100get 0.0013% / 1h0m 48s$27K$163K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
−$51.14
Price spread: −0.308% → 0.000%
−$30.82
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$92.95
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Ondo Perps no order-book sample
Reya and Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD0.0000%1h0.004570+0.010%$21K$11K5xas long as short
Perpl PUMP0.0000%43m0.004568−0.041%$18K$272K20xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004567−0.059%$55K150xas long as short
Gate PUMP_USDT+0.0022%4h0.004570+0.003%$4.9M$10.7M75xas long as short
Lighter PUMP+0.0096%1h0.004574+0.090%$3.0M$4.6M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004500−1.529%$29K$658K20xas long as short
Aster PUMPUSDT+0.0100%4h0.004570+0.003%$863K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004572+0.046%$524K$875K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004572+0.046%$83.7M$176.0M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004571+0.024%$25.0M$104.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps PUMP-USD.Pshort+0.0100%1h0.004556−0.308%$27K$163K5x
Arcus PUMP-USD+0.0100%1h0.004563−0.151%$41K$130K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004577+0.156%$24.8M$13.8M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004570+0.003%$17.9M$19.3M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004571+0.024%$14.4Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004573+0.070%$820K$208K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004561−0.189%$67K$3.2M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004563−0.154%$1.3M$11.0M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004561−0.194%$162K$747K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004576+0.134%$108K$2.3M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004566−0.085%$43K$2K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004569−0.027%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004568−0.041%$2K$786K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004568−0.041%$253$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004565−0.107%$22K$79K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004572+0.046%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0103%8h0.004573+0.060%$43K$2765xas long as short
Extended PUMP-USD+0.0104%1h0.004574+0.099%$3.8M$3.8M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004563−0.151%$68K$10K3xas long as short
Hyperliquid PUMP+0.0205%1h0.004577+0.156%$171.2M$51.1M10xas long as short
Nado PUMP-PERP+0.0215%1h0.004571+0.035%$1.7M$2.1M10xas long as short
Injective PUMP/USDC PERP+0.0279%1h0.004567−0.063%$38K$204K12xas long as short
01 Exchange PUMPUSD+0.0296%1h0.004570+0.003%$6K$60010xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0305% / S −0.0274%1h0.004567−0.063%$65K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004571+0.024%$3.8M$4.7M75xas long as short
Reya PUMPRUSDPERPlong+0.0344%1h0.004570long leg$23x
Phoenix PUMP+0.0410%1h0.004567−0.067%$44K$139K10xas long as short
Kraken Futures PF_PUMPUSD+0.0440%1h0.004572+0.042%$1.1M$3.5M50xas long as short
Coinbase International PUMP-PERP-INTX+0.0536%1h0.004578+0.178%$739K$6.1M50xas long as short
Deribit PUMP_USDC-PERPETUAL+0.0626%1h0.004569−0.019%$70K$116K25xas long as short
RISEx PUMP/USDC+0.0784%1h0.004568−0.048%$531K$1.1M10xas long as short
Aftermath Perps PUMPUSD+0.0973%1h0.004573+0.065%$706$112K10xas long as short