PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h +0.035%

Price spread now: RISEx against Phoenix−0.141%50s7-day average −0.077% · 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−$430.428% of the position

Long on Phoenix Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.128%+$13 on $10k

Price spread, last 4 days (all we have)−0.373%−$37 · spread now −0.141%, 7d avg −0.077%

Together, before fees−0.245%−$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.064% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.077%). If the spread goes back, that is −$6 on $10k: about 17 hours of funding at the current rate (+$9 a day). At the pace of the last 4 days (+0.128% in total) that is about 43 hours. The two prices were read 50 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	0.004439	0.0342	pay 0.0043% / 1h	21m 55s	$43K	$119K	10x
Short	RISEx PUMP/USDC	0.004433	0.0638	get 0.0080% / 1h	21m 55s	$527K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.141%Rate

Funding earned: $62.15
Price spread: −0.141% → −0.077%: −$6.39
Slippage, 4 orders: −$29.8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $12.97
Costs to cover: 0.428%
Break-even: 5.5 days

Slippage from Phoenix: live order book, 16 min ago; RISEx: live order book, 2 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, 16 min ago	2.03 bp	16.1 bp −$16	58.0 bp −$580	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	2.25 bp	5.3 bp −$5	12.5 bp −$125	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	−0.3077%	1h	0.004431	−0.182%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004433	−0.142%	$18K	$240K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004435	−0.100%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0006%	4h	0.004435	−0.097%	$4.9M	$10.5M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004438	−0.029%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.885%	$30K	$668K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004436	−0.086%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004443	+0.086%	$710K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004432	−0.164%	$492K	$824K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004444	+0.105%	$80.9M	$169.2M	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	0.004441	+0.038%	$24.2M	$96.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004430	−0.221%	$31K	$187K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004432	−0.164%	$62K	$99K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004436	−0.074%	$23.8M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004443	+0.083%	$17.5M	$19.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004443	+0.083%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004435	−0.088%	$791K	$207K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004436	−0.079%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004437	−0.062%	$1.2M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004437	−0.052%	$148K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004437	−0.052%	$105K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004437	−0.052%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004435	−0.103%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004436	−0.074%	$2K	$755K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004436	−0.074%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004425	−0.322%	$21K	$102K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004435	−0.097%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004433	−0.153%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004436	−0.074%	$66K	$13K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0201%	1h	0.004438	−0.029%	$70K	$122K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004436	−0.074%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0280%	1h	0.004433	−0.136%	$3.9M	$4.2M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004434	−0.119%	$3.6M	$4.4M	75x	as long as short
Phoenix PUMPlong	+0.0342%	1h	0.004439	long leg	$43K	$119K	10x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004435	−0.102%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004433	−0.142%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004442	+0.061%	$38K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004436	−0.074%	$707K	$5.8M	50x	as long as short
Hyperliquid PUMP	+0.0522%	1h	0.004442	+0.061%	$166.4M	$51.7M	10x	as long as short
RISEx PUMP/USDCshort	+0.0638%	1h	0.004433	−0.141%	$527K	$1.0M	10x
Kraken Futures PF_PUMPUSD	+0.0661%	1h	0.004438	−0.018%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1023%	1h	0.004438	−0.018%	$316	$109K	10x	as long as short