PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0276%/8h= −30.2% APRnext payment −$0.34 per $10,000 · paid last 24h +0.058%

Price spread now: RISEx against Hyperliquid−0.201%7-day average −0.023% · 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−$45as in the Price arb table

costs, in and out, $10k−$280.276% of the position

Long on Hyperliquid Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.179%+$18 on $10k

Price spread, last 7 days+0.181%+$18 · spread now −0.201%, 7d avg −0.023%

Together, before fees+0.359%+ Points / potential airdropHyperliquid: Season 2 · farm board+$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and RISEx is 0.178% cheaper against Hyperliquid than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.023%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.179%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid PUMP	0.004480	0.0573	pay 0.0072% / 1h	8m 42s	$165.8M	$53.6M	10x
Short	RISEx PUMP/USDC	0.004471	0.0297	get 0.0037% / 1h	8m 42s	$488K	$995K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Hyperliquid. 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 HyperliquidbpFee RISExbpOrdersPrice spread, now −0.201%Rate

Funding earned: −$57.95
Price spread: −0.201% → −0.023%: −$17.81
Slippage, 4 orders: −$12.63
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$103.39
Costs to cover: 0.276%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 5 min ago; RISEx: live order book, 5 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 Hyperliquid live order book, 5 min ago	1.11 bp	9.4 bp −$9	26.3 bp −$263	doesn't fit	doesn't fit
Sell RISEx live order book, 5 min ago	2.23 bp	5.2 bp −$5	13.9 bp −$139	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	−0.1514%	1h	0.004476	−0.084%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004480	0.000%	$18K	$201K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004477	−0.067%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004478	−0.045%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0053%	4h	0.004478	−0.045%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004471	−0.201%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.786%	$27K	$773K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004477	−0.056%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004473	−0.148%	$737K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004471	−0.201%	$478K	$639K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004469	−0.246%	$80.5M	$163.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004465	−0.335%	$23.5M	$97.7M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004475	−0.103%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004470	−0.223%	$41K	$57K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004473	−0.156%	$4.8M	$10.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004474	−0.134%	$23.7M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004467	−0.290%	$17.9M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004471	−0.201%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004474	−0.132%	$797K	$172K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004476	−0.084%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004482	+0.041%	$1.2M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004482	+0.045%	$141K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004483	+0.067%	$108K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004478	−0.045%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004474	−0.134%	$2K	$724K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004477	−0.067%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004473	−0.156%	$21K	$123K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004477	−0.067%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004468	−0.278%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004471	−0.190%	$3.7M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004470	−0.223%	$71K	$11K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004477	−0.067%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004498	+0.404%	$39K	$99K	10x	as long as short
RISEx PUMP/USDCshort	+0.0297%	1h	0.004471	−0.201%	$488K	$995K	10x
BloFin PUMP-USDT	+0.0340%	4h	0.004473	−0.156%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004480	−0.004%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004481	+0.022%	$702K	$5.7M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0355% / S −0.0293%	1h	0.004478	−0.045%	$74K	—	100x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004493	+0.290%	$39K	$204K	12x	as long as short
Hyperliquid PUMPlong	+0.0573%	1h	0.004480	long leg	$165.8M	$53.6M	10x
Aftermath Perps PUMPUSD	+0.0721%	1h	0.004478	−0.047%	$392	$109K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0918%	1h	0.004482	+0.038%	$1.3M	$3.0M	50x	as long as short