Funding you earn now, next payment 11:00 UTC+0.0214%/8h= +23.5% APRnext payment +$0.27 per $10,000 · paid last 24h +0.039%
Price spread now: Phoenix against ApeX Omni+0.092%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$600.600% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.092%, 7d avg +0.042%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.050% dearer against ApeX Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.042%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.27 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni PUMPUSDT | 0.004656 | 0.0100 | pay 0.0013% / 1h | 10m 05s | $74K | $812K | 50x |
| Short | Phoenix PUMP | 0.004660 | 0.0314 | get 0.0039% / 1h | 10m 05s | $44K | $145K | 10x |
ApeX Omni PUMPUSDT
Phoenix PUMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $45.03
- Price spread: +0.092% → +0.042%
- $5.01
- Slippage, 4 orders
- −$42.96
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$9.92
- Costs to cover
- 0.600%
- Break-even
- 8.5 days
Slippage from ApeX Omni: live order book, 32 min ago; Phoenix: live order book, 24 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 ApeX Omni live order book, 32 min ago | 5.47 bp | 12.8 bp −$13 | 103.8 bp −$1,038 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 24 min ago | 1.96 bp | 16.1 bp −$16 | 50.3 bp −$503 | doesn't fit | doesn't fit |
PUMP on 42 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate PUMP_USDT | −0.0076% | 4h | 0.004625 | −0.666% | $5.0M | $10.2M | 75x | as long as short |
| dYdX PUMP-USD | −0.0069% | 1h | 0.004641 | −0.329% | $21K | $12K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004633 | −0.494% | $19K | $300K | 20x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0004% | 1h | 0.004630 | −0.549% | $42K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004629 | −0.580% | $3.0M | $2.6M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004600 | −1.203% | $34K | $638K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004650 | −0.118% | $1.7M | $2.1M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004630 | −0.552% | $869K | $1.8M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004640 | −0.344% | $523K | $885K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004634 | −0.483% | $84.7M | $183.0M | 75x | as long as short |
Gate PUMP_USDT
dYdX PUMP-USD
Perpl PUMP
gTrade (Gains Network) PUMP/USD
Lighter PUMP
Popdex PUMPUSDT
Nado PUMP-PERP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDTShow all 42 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004631 | −0.537% | $25.2M | $114.0M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004646 | −0.226% | $28K | $142K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004638 | −0.387% | $51K | $159K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004629 | −0.580% | $25.5M | $13.5M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004628 | −0.601% | $18.3M | $19.8M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004627 | −0.623% | — | $14.7M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004627 | −0.629% | $843K | $227K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004657 | +0.019% | $63K | $3.3M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004651 | −0.106% | $1.3M | $11.1M | 10x | as long as short |
| ApeX Omni PUMPUSDTlong | +0.0100% | 1h | 0.004656 | long leg | $74K | $812K | 50x | |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004636 | −0.430% | $83K | $2.0M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004625 | −0.666% | $46K | $5K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004624 | −0.680% | $6K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004625 | −0.666% | $2K | $805K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004626 | −0.644% | $254 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004632 | −0.515% | $25K | $141K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004625 | −0.666% | $1.9M | $3.8M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0103% | 8h | 0.004642 | −0.307% | $44K | $276 | 5x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004628 | −0.601% | $69K | $10K | 3x | as long as short |
| Extended PUMP-USD | +0.0152% | 1h | 0.004625 | −0.668% | $3.9M | $4.1M | 50x | as long as short |
| Injective PUMP/USDC PERP | +0.0174% | 1h | 0.004667 | +0.236% | $36K | $205K | 12x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0183% | 1h | 0.004625 | −0.666% | $70K | $100K | 25x | as long as short |
| Hyperliquid PUMP | +0.0227% | 1h | 0.004634 | −0.473% | $172.9M | $48.9M | 10x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0289% / S −0.0234% | 1h | 0.004629 | −0.580% | $61K | — | 100x | as long as short |
| Phoenix PUMPshort | +0.0314% | 1h | 0.004660 | +0.092% | $44K | $145K | 10x | |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004643 | −0.279% | $3.9M | $4.9M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004634 | −0.467% | $2 | — | 3x | as long as short |
| 01 Exchange PUMPUSD | +0.0368% | 1h | 0.004637 | −0.408% | $6K | $333 | 10x | as long as short |
| RISEx PUMP/USDC | +0.0516% | 1h | 0.004635 | −0.440% | $572K | $857K | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0528% | 1h | 0.004644 | −0.258% | $703K | $6.5M | 50x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0706% | 1h | 0.004629 | −0.590% | $1.1M | $3.3M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.1126% | 1h | 0.004649 | −0.146% | $354 | $123K | 10x | as long as short |
OKX PUMP-USDT-SWAP
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
Polymarket Perps PUMP-USD
Orderly PERP_PUMP_USDC
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Aevo PUMP-PERP
Extended PUMP-USD
Injective PUMP/USDC PERP
Deribit PUMP_USDC-PERPETUAL
Hyperliquid PUMP
GMX PUMP/USD [WBTC.b-USDC]
BloFin PUMP-USDT
Reya PUMPRUSDPERP
01 Exchange PUMPUSD
RISEx PUMP/USDC
Coinbase International PUMP-PERP-INTX
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD