PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0109%/8h= +11.9% APRnext payment +$0.14 per $10,000 · paid last 24h +0.041%

Price spread now: Reya against Phoenix+0.026%59s7-day average — · you sell dearer than you buy

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

Long on Phoenix 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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Reya is 0.026% dearer against Phoenix than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 59 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	0.004408	0.0235	pay 0.0029% / 1h	43m 44s	$41K	$103K	10x
Short	Reya PUMPRUSDPERP	0.004409	0.0344	get 0.0043% / 1h	43m 44s	$2	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now +0.026%Rate

Funding earned: $22.84
Price spread: +0.026% → 0.000%: $2.56
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $12.39
Costs to cover: 0.130%
Break-even: 3.2 days

Slippage unknown: Phoenix: 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 Phoenix live order book, 9 min ago	2.04 bp	16.1 bp −$16	58.0 bp −$580	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
dYdX PUMP-USD	−0.0079%	1h	0.004424	+0.376%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004408	+0.007%	$19K	$199K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004412	+0.108%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0060%	4h	0.004414	+0.143%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004426	+0.415%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.175%	$27K	$769K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004422	+0.323%	$701K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004427	+0.438%	$497K	$650K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004424	+0.370%	$79.3M	$164.7M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004426	+0.415%	$23.7M	$96.8M	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	0.004397	−0.252%	$26K	$167K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004425	+0.392%	$40K	$60K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004425	+0.392%	$4.8M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004426	+0.415%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004425	+0.392%	$17.5M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004424	+0.370%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004416	+0.182%	$788K	$182K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004406	−0.047%	$64K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004410	+0.059%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004408	+0.007%	$139K	$759K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004412	+0.098%	$1.6M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004413	+0.120%	$104K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004414	+0.149%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004413	+0.120%	$2K	$732K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004417	+0.211%	$277	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004409	+0.029%	$21K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004417	+0.211%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004427	+0.429%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004424	+0.379%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004412	+0.098%	$70K	$8K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0203%	1h	0.004415	+0.166%	$70K	$124K	25x	as long as short
01 Exchange PUMPUSD	+0.0224%	1h	0.004428	+0.461%	$6K	$727	10x	as long as short
Phoenix PUMPlong	+0.0235%	1h	0.004408	long leg	$41K	$103K	10x
RISEx PUMP/USDC	+0.0322%	1h	0.004427	+0.438%	$483K	$995K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004407	−0.016%	$3.6M	$4.2M	75x	as long as short
Reya PUMPRUSDPERPshort	+0.0344%	1h	0.004409	+0.026%	$2	—	3x
GMX PUMP/USD [WBTC.b-USDC]	L +0.0360% / S −0.0301%	1h	0.004410	+0.052%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004416	+0.188%	$703K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0477%	1h	0.004435	+0.619%	$163.7M	$54.2M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004417	+0.211%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0701%	1h	0.004407	−0.015%	$386	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1259%	1h	0.004421	+0.299%	$1.3M	$3.1M	50x	as long as short