Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.073%

Price spread now: SunX against Reya+0.050%7-day average — · you sell dearer than you buy

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

Long on Reya Short on SunX

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

The price spread pays, funding is against you. SunX is 0.050% dearer against Reya than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya PUMPRUSDPERP	0.004479	0.0344	pay 0.0043% / 1h	19m 49s	$2	—	3x
Short	SunX PUMP-USDT	0.004481	0.0100	get 0.0050% / 4h	3h 19m	$2K	$753K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Reya. 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 ReyabpFee SunXbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$51.14
Price spread: +0.050% → 0.000%: $4.98
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$60.16
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; SunX: live order book, 62 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 Reya no order-book sample	—	—	—	—	—
Sell SunX live order book, 62 min ago	501.75 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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	−0.2919%	1h	0.004464	−0.327%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004472	−0.151%	$18K	$241K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004480	+0.022%	$57K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004484	+0.117%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.759%	$30K	$668K	20x	as long as short
Gate PUMP_USDT	+0.0096%	4h	0.004477	−0.040%	$4.9M	$10.5M	75x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004472	−0.140%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004480	+0.022%	$716K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004468	−0.241%	$496K	$824K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004480	+0.027%	$81.6M	$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	0.004479	+0.005%	$24.4M	$97.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004430	−1.100%	$31K	$181K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004475	−0.084%	$63K	$99K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004483	+0.094%	$24.1M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004479	+0.005%	$17.7M	$19.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004479	+0.005%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004483	+0.106%	$800K	$206K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004433	−1.029%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004437	−0.943%	$1.2M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004433	−1.022%	$148K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004481	+0.050%	$107K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004482	+0.072%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004480	+0.032%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDTshort	+0.0100%	4h	0.004481	+0.050%	$2K	$753K	20x
SoDEX PUMP-USD	+0.0100%	1h	0.004481	+0.050%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004468	−0.241%	$21K	$104K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004479	+0.005%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004474	−0.100%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004479	+0.005%	$66K	$13K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0198%	1h	0.004480	+0.027%	$54K	—	100x	as long as short
Extended PUMP-USD	+0.0280%	1h	0.004479	+0.011%	$3.9M	$4.2M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004448	−0.687%	$3.7M	$4.5M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004447	−0.709%	$43K	$119K	10x	as long as short
Reya PUMPRUSDPERPlong	+0.0344%	1h	0.004479	long leg	$2	—	3x
01 Exchange PUMPUSD	+0.0344%	1h	0.004478	−0.017%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004442	−0.821%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0419%	1h	0.004484	+0.117%	$71K	$122K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004487	+0.184%	$716K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0533%	1h	0.004488	+0.206%	$168.1M	$51.7M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004476	−0.060%	$532K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0654%	1h	0.004484	+0.106%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1008%	1h	0.004445	−0.763%	$516	$108K	10x	as long as short