PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0077%/8h= +8.5% APRnext payment +$0.10 per $10,000 · paid last 24h −0.032%

Price spread now: Nado against Phoenix−0.051%57s7-day average −0.093% · 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—prices read too far apart to compare

costs, in and out, $10k−$470.466% of the position

Long on Phoenix Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.094%−$9 on $10k

Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.051%, 7d avg −0.093%

Together, before fees−0.001%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 0.043% dearer against Phoenix than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.093%. Mind the row above: over the last 4 days funding on this pair cost −0.094%, so the current rate has only just turned in your favour. The two prices were read 57 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	Phoenix PUMP	0.004553	0.0332	pay 0.0042% / 1h	37m 55s	$44K	$146K	10x
Short	Nado PUMP-PERP	0.004550	0.0410	get 0.0051% / 1h	37m 55s	$1.7M	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Phoenix. 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 PhoenixbpFee NadobpOrdersPrice spread, now −0.051%Rate

Funding earned: $16.26
Price spread: −0.051% → −0.093%: $4.28
Slippage, 4 orders: −$32.61
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$26.06
Costs to cover: 0.466%
Break-even: 18.2 days

Slippage from Phoenix: live order book, 45 min ago; Nado: live order book, 1 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 Phoenix live order book, 45 min ago	1.98 bp	16.1 bp −$16	58.0 bp −$580	doesn't fit	doesn't fit
Sell Nado live order book, 1 min ago	2.20 bp	7.2 bp −$7	20.6 bp −$206	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	0.0000%	1h	0.004544	−0.193%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004546	−0.149%	$18K	$267K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004549	−0.083%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0036%	4h	0.004547	−0.127%	$4.9M	$10.0M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004552	−0.018%	$2.9M	$4.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.160%	$30K	$664K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004549	−0.075%	$859K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004545	−0.171%	$521K	$886K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004554	+0.026%	$83.2M	$176.3M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004552	−0.018%	$25.0M	$103.7M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004541	−0.255%	$27K	$163K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004548	−0.105%	$50K	$140K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004551	−0.040%	$24.7M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004551	−0.040%	$17.8M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004550	−0.062%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004553	−0.004%	$816K	$214K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004549	−0.093%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004550	−0.065%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004550	−0.062%	$162K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004545	−0.171%	$107K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004549	−0.083%	$42K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004545	−0.161%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004542	−0.237%	$2K	$787K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004549	−0.083%	$260	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004539	−0.303%	$23K	$124K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004548	−0.105%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004544	−0.202%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004552	−0.010%	$3.8M	$3.9M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004548	−0.105%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0209%	1h	0.004557	+0.092%	$170.2M	$51.2M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004548	−0.105%	$65K	—	100x	as long as short
Phoenix PUMPlong	+0.0332%	1h	0.004553	long leg	$44K	$146K	10x
BloFin PUMP-USDT	+0.0340%	4h	0.004541	−0.259%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004551	−0.044%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	+0.641%	$38K	$204K	12x	as long as short
01 Exchange PUMPUSD	+0.0352%	1h	0.004550	−0.062%	$6K	$600	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0409%	1h	0.004553	+0.004%	$70K	$116K	25x	as long as short
Nado PUMP-PERPshort	+0.0410%	1h	0.004550	−0.051%	$1.7M	$2.2M	10x
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004554	+0.026%	$739K	$6.2M	50x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004547	−0.127%	$530K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0814%	1h	0.004551	−0.032%	$1.1M	$3.5M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0993%	1h	0.004550	−0.066%	$503	$110K	10x	as long as short