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 +0.073%

Price spread now: Reya against Binance−0.062%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Reya

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

Funding pays, the price is against you. Reya is 0.062% cheaper against Binance than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 20 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance PUMPUSDT	0.004312	0.0100	pay 0.0050% / 4h	2h 04m	$76.6M	$163.9M	75x
Short	Reya PUMPRUSDPERP	0.004309	0.0344	get 0.0043% / 1h	4m 17s	$2	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Binance. 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 BinancebpFee ReyabpOrdersPrice spread, now −0.062%Rate

Funding earned: $51.14
Price spread: −0.062% → 0.000%: −$6.22
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Reya: 3 bp × 2 orders: −$6
Net: $28.92
Costs to cover: 0.160%
Break-even: 3.0 days

Slippage unknown: Binance: live order book, 9 min ago; Reya: 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 Binance live order book, 9 min ago	1.16 bp	6.2 bp −$6	17.8 bp −$178	76.8 bp −$7,677	448.7 bp −$224.3K
Sell Reya no order-book sample	—	—	—	—	—

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	−0.5130%	1h	0.004314	+0.039%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0237%	1h	0.004309	−0.065%	$768K	$183K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004310	−0.046%	$20K	$206K	20x	as long as short
OKX PUMP-USDT-SWAP	−0.0062%	4h	0.004311	−0.023%	$22.5M	$95.4M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0025%	4h	0.004310	−0.046%	$41K	$10K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004313	+0.023%	$68K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004311	−0.034%	$54K	—	150x	as long as short
Gate PUMP_USDT	+0.0052%	4h	0.004308	−0.093%	$4.6M	$11.7M	75x	as long as short
01 Exchange PUMPUSD	+0.0080%	1h	0.004312	0.000%	$6K	$497	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004311	−0.023%	$2.9M	$5.5M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.278%	$29K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004309	−0.060%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004309	−0.058%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004314	+0.046%	$157.9M	$52.5M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004310	−0.046%	$777K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004310	−0.046%	$447K	$607K	10x	as long as short
Binance PUMPUSDTlong	+0.0100%	4h	0.004312	long leg	$76.6M	$163.9M	75x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004319	+0.167%	$25K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004310	−0.046%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004313	+0.023%	$22.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004310	−0.046%	$17.0M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004309	−0.070%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004322	+0.243%	$63K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004322	+0.233%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004316	+0.093%	$136K	$771K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004313	+0.023%	$90K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004311	−0.024%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004312	0.000%	$2K	$710K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004311	−0.023%	$711	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004311	−0.023%	$21K	$147K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004311	−0.023%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004311	−0.023%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004311	−0.023%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004313	+0.012%	$489K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004325	+0.311%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004312	0.000%	$654K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0308% / S −0.0226%	1h	0.004310	−0.046%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004309	−0.070%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERPshort	+0.0344%	1h	0.004309	−0.062%	$2	—	3x
Aftermath Perps PUMPUSD	+0.0347%	1h	0.004319	+0.159%	$180	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.278%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0688%	1h	0.004317	+0.116%	$1.3M	$3.5M	50x	as long as short