PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0367%/8h= +40.2% APRnext payment +$0.46 per $10,000 · paid last 24h +0.089%

Price spread now: RISEx against Deribit+0.113%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$430.425% of the position

Long on Deribit Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.303%+$30 on $10k

Price spread, last 4 days (all we have)−0.045%−$4 · spread now +0.113%, 7d avg +0.018%

Together, before fees+0.258%+$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and RISEx is 0.095% dearer against Deribit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit PUMP_USDC-PERPETUAL	0.004420	0.0203	pay 0.0025% / 1h	17m 33s	$70K	$122K	25x
Short	RISEx PUMP/USDC	0.004425	0.0570	get 0.0071% / 1h	17m 33s	$526K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Deribit. 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 DeribitbpFee RISExbpOrdersPrice spread, now +0.113%Rate

Funding earned: $77.05
Price spread: +0.113% → +0.018%: $9.54
Slippage, 4 orders: −$29.53
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $44.06
Costs to cover: 0.425%
Break-even: 3.0 days

Slippage from Deribit: live order book, 36 min ago; RISEx: live order book, 1 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 Deribit live order book, 36 min ago	8.00 bp	13.8 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 1 min ago	3.39 bp	6.4 bp −$6	11.9 bp −$119	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	−0.3207%	1h	0.004422	+0.045%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004418	−0.045%	$18K	$236K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004418	−0.047%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004423	+0.068%	$2.8M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.452%	$29K	$782K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004422	+0.057%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004421	+0.023%	$701K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004423	+0.068%	$494K	$819K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004422	+0.055%	$80.6M	$173.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004421	+0.023%	$24.0M	$97.9M	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	0.004419	−0.032%	$31K	$190K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004424	+0.090%	$62K	$102K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004420	0.000%	$4.9M	$11.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004423	+0.068%	$23.6M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004421	+0.023%	$17.4M	$20.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004420	0.000%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004420	+0.009%	$787K	$204K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004426	+0.141%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004423	+0.068%	$1.2M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004428	+0.181%	$147K	$756K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004425	+0.113%	$102K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004418	−0.045%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004417	−0.067%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004420	0.000%	$2K	$772K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004419	−0.023%	$277	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004412	−0.181%	$21K	$110K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004424	+0.090%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004422	+0.052%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004417	−0.068%	$70K	$8K	3x	as long as short
Deribit PUMP_USDC-PERPETUALlong	+0.0203%	1h	0.004420	long leg	$70K	$122K	25x
Extended PUMP-USD	+0.0248%	1h	0.004421	+0.030%	$3.9M	$4.3M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004416	−0.090%	$53K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0272%	1h	0.004425	+0.113%	$6K	$625	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004430	+0.226%	$3.6M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004422	+0.040%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004432	+0.281%	$42K	$120K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004434	+0.317%	$702K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0475%	1h	0.004430	+0.226%	$166.0M	$55.7M	10x	as long as short
RISEx PUMP/USDCshort	+0.0570%	1h	0.004425	+0.113%	$526K	$1.0M	10x
Injective PUMP/USDC PERP	+0.0706%	1h	0.004433	+0.294%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0801%	1h	0.004422	+0.035%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0964%	1h	0.004423	+0.075%	$584	$114K	10x	as long as short