PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0538%/8h= +58.9% APRnext payment +$0.67 per $10,000 · paid last 24h +0.094%

Price spread now: RISEx against Polymarket Perps−0.022%7-day average +0.021% · 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−$31as in the Price arb table

costs, in and out, $10k−$270.268% of the position

Long on Polymarket Perps Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.271%+$27 on $10k

Price spread, last 7 days−0.012%−$1 · spread now −0.022%, 7d avg +0.021%

Together, before fees+0.259%+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.043% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.021%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$16 a day). At the pace of the last 4 days (+0.271% in total) that is about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps PUMP-USD	0.004484	0.0100	pay 0.0013% / 1h	19m 31s	$107K	$2.1M	10x
Short	RISEx PUMP/USDC	0.004483	0.0638	get 0.0080% / 1h	19m 31s	$532K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Polymarket Perps. 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 Polymarket PerpsbpFee RISExbpOrdersPrice spread, now −0.022%Rate

Funding earned: $112.96
Price spread: −0.022% → +0.021%: −$4.31
Slippage, 4 orders: −$12.84
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $81.81
Costs to cover: 0.268%
Break-even: 1.9 days

Slippage from Polymarket Perps: live order book, 4 min ago; RISEx: live order book, 4 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 Polymarket Perps live order book, 4 min ago	3.38 bp	8.4 bp −$8	9.8 bp −$98	doesn't fit	doesn't fit
Sell RISEx live order book, 4 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	−0.2846%	1h	0.004475	−0.196%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004472	−0.268%	$18K	$241K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004480	−0.095%	$57K	—	150x	as long as short
Gate PUMP_USDT	+0.0082%	4h	0.004475	−0.201%	$4.9M	$10.5M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004480	−0.089%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.873%	$30K	$666K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004480	−0.078%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004480	−0.100%	$716K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004477	−0.156%	$497K	$823K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004480	−0.094%	$81.6M	$169.1M	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	0.004478	−0.134%	$24.4M	$96.6M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004430	−1.215%	$31K	$181K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004482	−0.045%	$63K	$99K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004480	−0.089%	$24.1M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004481	−0.067%	$17.7M	$19.5M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004478	−0.134%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004483	−0.011%	$800K	$206K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004445	−0.863%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004447	−0.825%	$1.2M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004448	−0.803%	$148K	$746K	50x	as long as short
Polymarket Perps PUMP-USDlong	+0.0100%	1h	0.004484	long leg	$107K	$2.1M	10x
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004482	−0.045%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004480	−0.085%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004481	−0.067%	$2K	$753K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004481	−0.067%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004468	−0.357%	$21K	$104K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004479	−0.112%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004478	−0.123%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004479	−0.112%	$66K	$13K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0198%	1h	0.004480	−0.089%	$54K	—	100x	as long as short
Extended PUMP-USD	+0.0280%	1h	0.004478	−0.128%	$3.9M	$4.2M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004448	−0.803%	$3.7M	$4.5M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004447	−0.825%	$43K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004483	−0.027%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004484	0.000%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004442	−0.937%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0419%	1h	0.004484	0.000%	$71K	$122K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004487	+0.067%	$716K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0528%	1h	0.004484	0.000%	$167.9M	$51.7M	10x	as long as short
RISEx PUMP/USDCshort	+0.0638%	1h	0.004483	−0.022%	$532K	$1.0M	10x
Kraken Futures PF_PUMPUSD	+0.0654%	1h	0.004484	−0.011%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1008%	1h	0.004445	−0.878%	$516	$108K	10x	as long as short