Funding you earn now, next payment 11:00 UTC+0.0213%/8h= +23.4% APRpaid last 24h +0.039%
Price spread now: Phoenix against Paradex−0.222%106s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Phoenix is 0.222% cheaper against Paradex than usual: you would sell low and buy high (spread −0.222% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 3.5 days of funding at the current rate (+$6 a day). The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex PUMP-USD-PERP | 0.004548 | 0.0101 | pay 0.0101% / 8h | 4h 47m | $43K | $276 | 5x |
| Short | Phoenix PUMP | 0.004538 | 0.0314 | get 0.0039% / 1h | 47m 38s | $44K | $145K | 10x |
Paradex PUMP-USD-PERP
Phoenix PUMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Paradex. 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
- $44.8
- Price spread: −0.222% → 0.000%
- −$22.21
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $11.6
- Costs to cover
- 0.110%
- Break-even
- 5.2 days
Slippage unknown: Paradex: no order-book sample; Phoenix: live order book, 51 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 51 min ago | 1.99 bp | 16.2 bp −$16 | 50.4 bp −$504 | doesn't fit | doesn't fit |
Paradex: 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 exchanges
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 | 0.004547 | −0.033% | $18K | $281K | 20x | as long as short |
| Gate PUMP_USDT | −0.0104% | 4h | 0.004546 | −0.055% | $4.9M | $9.8M | 75x | as long as short |
| dYdX PUMP-USD | −0.0077% | 1h | 0.004543 | −0.124% | $21K | $12K | 5x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004548 | −0.001% | $54K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004548 | −0.011% | $3.0M | $2.5M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004500 | −1.066% | $33K | $597K | 20x | as long as short |
| Hyperliquid PUMP | +0.0100% | 1h | 0.004548 | −0.011% | $169.1M | $46.6M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004550 | +0.033% | $852K | $1.8M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004546 | −0.055% | $512K | $847K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004552 | +0.082% | $82.8M | $175.5M | 75x | as long as short |
Perpl PUMP
Gate PUMP_USDT
dYdX PUMP-USD
gTrade (Gains Network) PUMP/USD
Lighter PUMP
Popdex PUMPUSDT
Hyperliquid PUMP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDTShow all 42 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004549 | +0.011% | $24.9M | $104.5M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004539 | −0.215% | $27K | $138K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004554 | +0.121% | $50K | $158K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004548 | −0.011% | $24.9M | $13.3M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004550 | +0.033% | $18.1M | $19.0M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004549 | +0.011% | — | $14.4M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004547 | −0.044% | $829K | $223K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004527 | −0.463% | $68K | $3.2M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004533 | −0.350% | $1.3M | $10.8M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004527 | −0.473% | $120K | $789K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004550 | +0.033% | $86K | $1.9M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004551 | +0.055% | $46K | $5K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004550 | +0.043% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004548 | −0.011% | $1K | $777K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004550 | +0.033% | $643 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004546 | −0.055% | $21K | $129K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004548 | −0.011% | $1.9M | $3.8M | 20x | as long as short |
| Paradex PUMP-USD-PERPlong | +0.0101% | 8h | 0.004548 | long leg | $43K | $276 | 5x | |
| Extended PUMP-USD | +0.0104% | 1h | 0.004550 | +0.032% | $3.9M | $3.8M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004550 | +0.033% | $67K | $10K | 3x | as long as short |
| Nado PUMP-PERP | +0.0116% | 1h | 0.004549 | +0.022% | $1.6M | $2.1M | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0174% | 1h | 0.004569 | +0.451% | $36K | $205K | 12x | as long as short |
| 01 Exchange PUMPUSD | +0.0272% | 1h | 0.004555 | +0.143% | $6K | $333 | 10x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0305% / S −0.0278% | 1h | 0.004548 | −0.011% | $66K | — | 100x | as long as short |
| Phoenix PUMPshort | +0.0314% | 1h | 0.004538 | −0.222% | $44K | $145K | 10x | |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004529 | −0.429% | $3.9M | $4.5M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004547 | −0.026% | $2 | — | 3x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0409% | 1h | 0.004552 | +0.077% | $69K | $100K | 25x | as long as short |
| RISEx PUMP/USDC | +0.0516% | 1h | 0.004555 | +0.135% | $569K | $827K | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0528% | 1h | 0.004551 | +0.055% | $695K | $6.2M | 50x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0718% | 1h | 0.004553 | +0.102% | $1.1M | $3.1M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.0851% | 1h | 0.004552 | +0.068% | $689 | $118K | 10x | as long as short |
OKX PUMP-USDT-SWAP
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Orderly PERP_PUMP_USDC
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Extended PUMP-USD
Aevo PUMP-PERP
Nado PUMP-PERP
Injective PUMP/USDC PERP
01 Exchange PUMPUSD
GMX PUMP/USD [WBTC.b-USDC]
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Deribit PUMP_USDC-PERPETUAL
RISEx PUMP/USDC
Coinbase International PUMP-PERP-INTX
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD