PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0505%/8h= +55.3% APRnext payment +$0.63 per $10,000 · paid last 24h −0.468%

Price spread now: Injective against RISEx−0.058%7-day average −0.120% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$890.889% of the position

Long on RISEx Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.916%−$92 on $10k

Price spread, last 3 days (all we have)−0.017%−$2 · spread now −0.058%, 7d avg −0.120%

Together, before fees−0.933%−$93 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Injective is 0.063% dearer against RISEx than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.120%. Mind the row above: over the last 3 days funding on this pair cost −0.916%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx PUMP/USDC	0.004335	0.0147	pay 0.0018% / 1h	22m 45s	$491K	$1.0M	10x
Short	Injective PUMP/USDC PERP	0.004333	0.0652	get 0.0082% / 1h	22m 45s	$38K	$207K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against RISEx. 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 RISExbpFee InjectivebpOrdersPrice spread, now −0.058%Rate

Funding earned: $106.08
Price spread: −0.058% → −0.120%: $6.28
Slippage, 4 orders: −$82.89
Fee RISEx: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $23.45
Costs to cover: 0.889%
Break-even: 5.5 days

Slippage from RISEx: live order book, 1 min ago; Injective: live order book, 61 min ago.

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 RISEx live order book, 1 min ago	2.31 bp	5.3 bp −$5	11.4 bp −$114	doesn't fit	doesn't fit
Sell Injective live order book, 61 min ago	17.33 bp	26.6 bp −$27	doesn't fit	doesn't fit	doesn't fit

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	−0.5240%	1h	0.004337	+0.046%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0049%	4h	0.004337	+0.035%	$22.7M	$95.6M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0007%	4h	0.004333	−0.058%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004334	−0.035%	$20K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004337	+0.035%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004336	+0.019%	$55K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0053%	1h	0.004335	−0.014%	$773K	$180K	5x	as long as short
Lighter PUMP	+0.0096%	1h	0.004335	−0.012%	$2.9M	$5.5M	10x	as long as short
01 Exchange PUMPUSD	+0.0096%	1h	0.004337	+0.035%	$6K	$497	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.819%	$29K	$764K	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	0.004334	−0.032%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004333	−0.046%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004342	+0.150%	$159.0M	$52.2M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004335	−0.018%	$784K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004334	−0.035%	$449K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004337	+0.035%	$77.2M	$163.2M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004330	−0.138%	$25K	$173K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004335	−0.012%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004335	−0.012%	$4.6M	$11.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004339	+0.081%	$23.0M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004337	+0.035%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004335	−0.012%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004327	−0.189%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004334	−0.041%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004331	−0.104%	$137K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004338	+0.058%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004335	−0.012%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004336	+0.012%	$1K	$712K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004333	−0.058%	$715	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004333	−0.058%	$21K	$139K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004333	−0.058%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004334	−0.042%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004333	−0.058%	$71K	$18K	3x	as long as short
RISEx PUMP/USDClong	+0.0147%	1h	0.004335	long leg	$491K	$1.0M	10x
Phoenix PUMP	+0.0185%	1h	0.004336	+0.005%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004340	+0.104%	$668K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0312% / S −0.0230%	1h	0.004335	−0.012%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004332	−0.081%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004334	−0.036%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0413%	1h	0.004329	−0.145%	$180	$106K	10x	as long as short
Injective PUMP/USDC PERPshort	+0.0652%	1h	0.004333	−0.058%	$38K	$207K	12x
Kraken Futures PF_PUMPUSD	+0.0806%	1h	0.004340	+0.101%	$1.3M	$3.5M	50x	as long as short