PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.032%

Price spread now: Phoenix against ApeX Omni+0.018%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$660.657% of the position

Long on ApeX Omni Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.087%+$9 on $10k

Price spread, last 4 days (all we have)+0.706%+$71 · spread now +0.018%, 7d avg +0.034%

Together, before fees+0.793%+$79 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PUMPUSDT	0.004497	0.0100	pay 0.0013% / 1h	2m 14s	$150K	$750K	50x
Short	Phoenix PUMP	0.004498	0.0235	get 0.0029% / 1h	2m 14s	$43K	$103K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against ApeX Omni. 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 ApeX OmnibpFee PhoenixbpOrdersPrice spread, now +0.018%Rate

Funding earned: $28.3
Price spread: +0.018% → +0.034%: −$1.62
Slippage, 4 orders: −$48.68
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$38.99
Costs to cover: 0.657%
Break-even: 16.6 days

Slippage from ApeX Omni: live order book, 67 min ago; Phoenix: live order book, 51 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 ApeX Omni live order book, 67 min ago	7.83 bp	15.3 bp −$15	101.6 bp −$1,016	doesn't fit	doesn't fit
Sell Phoenix live order book, 51 min ago	2.04 bp	16.1 bp −$16	50.4 bp −$504	doesn't fit	doesn't fit

PUMP on 41 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	−0.4032%	1h	0.004491	−0.131%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004490	−0.156%	$18K	$214K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004490	−0.156%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004490	−0.157%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0089%	4h	0.004489	−0.178%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004494	−0.067%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.157%	$28K	$779K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004492	−0.100%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004493	−0.086%	$696K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004493	−0.089%	$524K	$717K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004492	−0.119%	$82.1M	$167.3M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004489	−0.178%	$24.4M	$98.6M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004485	−0.260%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004494	−0.067%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004489	−0.178%	$4.9M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004495	−0.044%	$23.9M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004489	−0.178%	$17.7M	$19.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004492	−0.111%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004489	−0.169%	$798K	$186K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004495	−0.045%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004487	−0.222%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDTlong	+0.0100%	1h	0.004497	long leg	$150K	$750K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004496	−0.022%	$100K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004489	−0.179%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004487	−0.222%	$2K	$742K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004489	−0.178%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004493	−0.089%	$21K	$116K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004489	−0.178%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004495	−0.050%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004485	−0.267%	$72K	$8K	3x	as long as short
Phoenix PUMPshort	+0.0235%	1h	0.004498	+0.018%	$43K	$103K	10x
Extended PUMP-USD	+0.0248%	1h	0.004487	−0.213%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004497	0.000%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004496	−0.022%	$531K	$1.0M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004490	−0.161%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0349% / S −0.0278%	1h	0.004490	−0.156%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004493	−0.089%	$707K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004511	+0.311%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0718%	1h	0.004497	0.000%	$168.5M	$55.4M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0872%	1h	0.004495	−0.049%	$594	$112K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1238%	1h	0.004496	−0.029%	$1.4M	$3.1M	50x	as long as short