Funding you earn now, next payment 00:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.07 per $10,000 · paid last 24h +0.052%
Price spread now: RISEx against Coinbase International−0.162%7-day average +0.013% · 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−$54as in the Price arb table
costs, in and out, $10k−$370.367% of the position
Funding, last 3 days (all we have)+0.183%+$18 on $10k
+Price spread, last 3 days (all we have)+0.261%+$26 · spread now −0.162%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and RISEx is 0.175% cheaper against Coinbase International than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.013%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.183%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International PUMP-PERP-INTX | 0.004449 | 0.0352 | pay 0.0044% / 1h | 25m 43s | $690K | $5.7M | 50x |
| Short | RISEx PUMP/USDC | 0.004442 | 0.0297 | get 0.0037% / 1h | 25m 43s | $485K | $1.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Coinbase International. 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
- −$11.59
- Price spread: −0.162% → +0.013%
- −$17.47
- Slippage, 4 orders
- −$20.7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$65.76
- Costs to cover
- 0.367%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; RISEx: live order book, 3 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 Coinbase International live order book, 3 min ago | 5.61 bp | 15.6 bp −$16 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 3 min ago | 2.25 bp | 5.3 bp −$5 | 11.7 bp −$117 | 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 | −0.0035% | 1h | 0.004442 | −0.151% | $20K | $9K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004444 | −0.112% | $18K | $209K | 20x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004444 | −0.112% | $71K | $125K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0002% | 1h | 0.004442 | −0.155% | $55K | — | 150x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0049% | 4h | 0.004442 | −0.157% | $42K | $10K | 10x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0077% | 4h | 0.004440 | −0.202% | $23.4M | $98.6M | 50x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004444 | −0.112% | $2.9M | $5.4M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −1.101% | $30K | $781K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004444 | −0.101% | $1.7M | $2.0M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004444 | −0.113% | $722K | $2.3M | 50x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PUMP | +0.0100% | 1h | 0.004444 | −0.112% | $470K | $626K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004444 | −0.117% | $79.8M | $164.6M | 75x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004443 | −0.146% | $26K | $168K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004441 | −0.180% | $43K | $52K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004442 | −0.157% | $4.8M | $10.6M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004448 | −0.022% | $23.5M | $13.8M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004440 | −0.202% | $17.8M | $19.2M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004443 | −0.135% | — | $12.8M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004443 | −0.135% | $791K | $174K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004433 | −0.353% | $65K | $3.0M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004432 | −0.375% | $1.2M | $10.4M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004435 | −0.315% | $140K | $760K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004448 | −0.022% | $107K | $1.9M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004443 | −0.134% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004443 | −0.135% | $1K | $727K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004444 | −0.112% | $279 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004446 | −0.067% | $21K | $135K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004443 | −0.135% | $2.0M | $4.0M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004441 | −0.175% | $42K | $147 | 5x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004440 | −0.213% | $3.6M | $3.6M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004439 | −0.225% | $71K | $12K | 3x | as long as short |
| 01 Exchange PUMPUSD | +0.0232% | 1h | 0.004444 | −0.112% | $6K | $830 | 10x | as long as short |
| Phoenix PUMP | +0.0237% | 1h | 0.004431 | −0.398% | $40K | $99K | 10x | as long as short |
| RISEx PUMP/USDCshort | +0.0297% | 1h | 0.004442 | −0.162% | $485K | $1.0M | 10x | |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004450 | +0.022% | $3.6M | $4.4M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004443 | −0.139% | $2 | — | 3x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0349% / S −0.0287% | 1h | 0.004442 | −0.157% | $74K | — | 100x | as long as short |
| Coinbase International PUMP-PERP-INTXlong | +0.0352% | 1h | 0.004449 | long leg | $690K | $5.7M | 50x | |
| Hyperliquid PUMP | +0.0447% | 1h | 0.004451 | +0.045% | $163.8M | $54.0M | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0480% | 1h | 0.004444 | −0.112% | $39K | $203K | 12x | as long as short |
| Aftermath Perps PUMPUSD | +0.0636% | 1h | 0.004438 | −0.241% | $388 | $107K | 10x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0925% | 1h | 0.004449 | +0.007% | $1.3M | $3.5M | 50x | as long as short |
Coinbase International PUMP-PERP-INTX
RISEx PUMP/USDC
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
OKX PUMP-USDT-SWAP
Lighter PUMP
Popdex PUMPUSDT
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
Gate PUMP_USDT
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
01 Exchange PUMPUSD
Phoenix PUMP
BloFin PUMP-USDT
GMX PUMP/USD [WBTC.b-USDC]
Hyperliquid PUMP
Injective PUMP/USDC PERP
Aftermath Perps PUMPUSD
Kraken Futures PF_PUMPUSD