Funding you earn now, next payment 07:00 UTC+0.0310%/8h= +34.0% APRpaid last 24h +0.034%
Price spread now: Phoenix against edgeX−0.169%7-day average +0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$600.599% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 4 days (all we have)+0.960%+$96 · spread now −0.169%, 7d avg +0.106%
=Together, before fees+1.101%+ Points / potential airdropedgeX: Active · farm board+$110 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.275% cheaper against edgeX than usual: you would sell low and buy high (spread −0.169% now, against its 7-day average of +0.106%). If the spread goes back, that is −$28 on $10k: about 3.0 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.141% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.141% in total (about 7.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX PUMPUSDC | 0.004571 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $67K | $3.2M | 20x |
| Short | Phoenix PUMP | 0.004563 | 0.0410 | get 0.0051% / 1h | 54m 05s | $44K | $146K | 10x |
edgeX PUMPUSDC
Phoenix PUMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against edgeX. 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
- $65.11
- Price spread: −0.169% → +0.106%
- −$27.51
- Slippage, 4 orders
- −$43.88
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$22.28
- Costs to cover
- 0.599%
- Break-even
- 9.4 days
Slippage from edgeX: live order book, 5 min ago; Phoenix: live order book, 29 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 edgeX live order book, 5 min ago | 4.38 bp | 18.9 bp −$19 | 24.1 bp −$241 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 29 min ago | 1.98 bp | 16.1 bp −$16 | 50.3 bp −$503 | 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 | 0.0000% | 1h | 0.004550 | −0.458% | $21K | $11K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004553 | −0.392% | $18K | $270K | 20x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0002% | 1h | 0.004549 | −0.485% | $55K | — | 150x | as long as short |
| Gate PUMP_USDT | +0.0006% | 4h | 0.004549 | −0.480% | $4.9M | $9.9M | 75x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004552 | −0.414% | $2.9M | $4.4M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004500 | −1.552% | $29K | $661K | 20x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004550 | −0.458% | $859K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004552 | −0.414% | $522K | $879K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004552 | −0.404% | $83.4M | $176.5M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004551 | −0.436% | $25.0M | $104.2M | 50x | as long as short |
dYdX PUMP-USD
Perpl PUMP
gTrade (Gains Network) PUMP/USD
Gate PUMP_USDT
Lighter PUMP
Popdex PUMPUSDT
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
OKX PUMP-USDT-SWAPShow 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 | 0.004553 | −0.388% | $27K | $163K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004555 | −0.349% | $50K | $140K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004555 | −0.349% | $24.7M | $13.8M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004549 | −0.480% | $17.8M | $19.3M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004550 | −0.458% | — | $14.4M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004551 | −0.440% | $818K | $212K | 5x | as long as short |
| edgeX PUMPUSDClong | +0.0100% | 4h | 0.004571 | long leg | $67K | $3.2M | 20x | |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004568 | −0.072% | $1.3M | $10.9M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004568 | −0.064% | $163K | $747K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004555 | −0.349% | $107K | $2.3M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004552 | −0.414% | $43K | $2K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004561 | −0.212% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004552 | −0.414% | $1K | $787K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004550 | −0.458% | $259 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004547 | −0.524% | $25K | $121K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004553 | −0.392% | $2.0M | $3.9M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0103% | 8h | 0.004552 | −0.417% | $43K | $276 | 5x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004551 | −0.432% | $3.8M | $3.9M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004549 | −0.480% | $67K | $10K | 3x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0304% / S −0.0274% | 1h | 0.004552 | −0.414% | $65K | — | 100x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004549 | −0.480% | $3.4M | $4.7M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004556 | −0.331% | $2 | — | 3x | as long as short |
| Injective PUMP/USDC PERP | +0.0344% | 1h | 0.004582 | +0.242% | $38K | $204K | 12x | as long as short |
| 01 Exchange PUMPUSD | +0.0400% | 1h | 0.004559 | −0.261% | $6K | $600 | 10x | as long as short |
| Phoenix PUMPshort | +0.0410% | 1h | 0.004563 | −0.169% | $44K | $146K | 10x | |
| Hyperliquid PUMP | +0.0412% | 1h | 0.004557 | −0.305% | $170.4M | $51.1M | 10x | as long as short |
| Nado PUMP-PERP | +0.0477% | 1h | 0.004553 | −0.381% | $1.7M | $2.2M | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0544% | 1h | 0.004565 | −0.130% | $741K | $6.2M | 50x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0629% | 1h | 0.004554 | −0.370% | $70K | $116K | 25x | as long as short |
| RISEx PUMP/USDC | +0.0741% | 1h | 0.004558 | −0.284% | $532K | $1.1M | 10x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0814% | 1h | 0.004553 | −0.396% | $1.1M | $3.6M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.1019% | 1h | 0.004562 | −0.192% | $642 | $112K | 10x | as long as short |
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
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
Extended PUMP-USD
Aevo PUMP-PERP
GMX PUMP/USD [WBTC.b-USDC]
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Injective PUMP/USDC PERP
01 Exchange PUMPUSD
Hyperliquid PUMP
Nado PUMP-PERP
Coinbase International PUMP-PERP-INTX
Deribit PUMP_USDC-PERPETUAL
RISEx PUMP/USDC
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD