Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.073%

Price spread now: Reya against KuCoin−0.119%7-day average — · you buy dearer than you sell

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

Long on KuCoin 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 0.119% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.119% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 39 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	KuCoin PUMPUSDTM	0.004464	0.0100	pay 0.0050% / 4h	1h 26m	$23.8M	$14.0M	50x
Short	Reya PUMPRUSDPERP	0.004459	0.0344	get 0.0043% / 1h	26m 18s	$2	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against KuCoin. 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 KuCoinbpFee ReyabpOrdersPrice spread, now −0.119%Rate

Funding earned: $51.14
Price spread: −0.119% → 0.000%: −$11.94
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: $21.2
Costs to cover: 0.180%
Break-even: 4.1 days

Slippage unknown: KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago	1.12 bp	22.1 bp −$22	60.5 bp −$605	doesn't fit	doesn't fit
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
Perpl PUMP	−0.0112%	43m	0.004456	−0.179%	$18K	$229K	20x	as long as short
dYdX PUMP-USD	−0.0012%	1h	0.004464	+0.001%	$20K	$9K	5x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004457	−0.159%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004463	−0.022%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.434%	$31K	$795K	20x	as long as short
Orderly PERP_PUMP_USDC	+0.0096%	4h	0.004456	−0.179%	$42K	$10K	10x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004458	−0.123%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004458	−0.136%	$701K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004464	0.000%	$489K	$778K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004457	−0.148%	$81.4M	$170.6M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004455	−0.202%	$24.2M	$98.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004470	+0.139%	$37K	$191K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004459	−0.112%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004458	−0.134%	$4.9M	$11.2M	75x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004464	long leg	$23.8M	$14.0M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004456	−0.179%	$17.6M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004455	−0.202%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004449	−0.343%	$789K	$189K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004476	+0.265%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004469	+0.112%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004472	+0.179%	$149K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004463	−0.022%	$108K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004456	−0.185%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004457	−0.157%	$2K	$754K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004458	−0.134%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004448	−0.358%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004447	−0.381%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004465	+0.012%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004454	−0.224%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004455	−0.202%	$60K	—	100x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0199%	1h	0.004458	−0.134%	$71K	$124K	25x	as long as short
Extended PUMP-USD	+0.0248%	1h	0.004457	−0.150%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004464	0.000%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004469	+0.110%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004443	−0.470%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERPshort	+0.0344%	1h	0.004459	−0.119%	$2	—	3x
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004468	+0.090%	$713K	$6.0M	50x	as long as short
Hyperliquid PUMP	+0.0519%	1h	0.004462	−0.045%	$166.8M	$56.0M	10x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004462	−0.038%	$531K	$992K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004458	−0.134%	$39K	$204K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0888%	1h	0.004465	+0.013%	$590	$118K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1341%	1h	0.004461	−0.064%	$1.1M	$3.4M	50x	as long as short