PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0244%/8h= −26.7% APRnext payment −$0.30 per $10,000 · paid last 24h +0.122%

Price spread now: Arcus against Injective−0.153%7-day average +0.074% · 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−$129as in the Price arb table

costs, in and out, $10k−$1071.065% of the position

Long on Injective Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.650%+$65 on $10k

Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.153%, 7d avg +0.074%

Together, before fees+0.689%+$69 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Arcus is 0.226% cheaper against Injective than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.074%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.650%, 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	Injective PUMP/USDC PERP	0.004582	0.0344	pay 0.0043% / 1h	12m 50s	$38K	$204K	12x
Short	Arcus PUMP-USD	0.004575	0.0100	get 0.0013% / 1h	12m 50s	$52K	$151K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Injective. 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 InjectivebpFee ArcusbpOrdersPrice spread, now −0.153%Rate

Funding earned: −$51.2
Price spread: −0.153% → +0.074%: −$22.64
Slippage, 4 orders: −$102
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$180.36
Costs to cover: 1.065%
Break-even: never at this rate

Slippage from Injective: live order book, 21 min ago; Arcus: live order book, 16 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 Injective live order book, 21 min ago	21.01 bp	45.7 bp −$46	doesn't fit	doesn't fit	doesn't fit
Sell Arcus live order book, 16 min ago	9.95 bp	14.4 bp −$14	21.5 bp −$215	doesn't fit	doesn't fit

PUMP on 41 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	−0.2061%	1h	0.004571	−0.238%	$21K	$11K	5x	as long as short
Gate PUMP_USDT	−0.0006%	4h	0.004563	−0.415%	$4.9M	$10.2M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004567	−0.327%	$18K	$261K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004569	−0.284%	$70K	$109K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0003%	1h	0.004569	−0.286%	$60K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004568	−0.306%	$3.0M	$4.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.790%	$32K	$665K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004569	−0.284%	$170.0M	$50.4M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004565	−0.373%	$861K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004576	−0.131%	$525K	$869K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004569	−0.293%	$83.3M	$176.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004568	−0.306%	$25.1M	$103.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004591	+0.201%	$27K	$154K	5x	as long as short
Arcus PUMP-USDshort	+0.0100%	1h	0.004575	−0.153%	$52K	$151K	10x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004567	−0.327%	$25.0M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004565	−0.371%	$18.0M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004566	−0.349%	—	$14.5M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004565	−0.378%	$818K	$215K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004582	−0.009%	$67K	$3.3M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004581	−0.031%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004580	−0.044%	$163K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004574	−0.175%	$107K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004568	−0.306%	$43K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004570	−0.262%	$2K	$785K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004568	−0.306%	$252	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004569	−0.284%	$22K	$126K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004566	−0.349%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004573	−0.189%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004569	−0.277%	$3.9M	$4.0M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004571	−0.240%	$68K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004568	−0.306%	$65K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0304%	1h	0.004574	−0.175%	$6K	$600	10x	as long as short
Nado PUMP-PERP	+0.0308%	1h	0.004570	−0.251%	$1.7M	$2.1M	10x	as long as short
Phoenix PUMP	+0.0332%	1h	0.004590	+0.183%	$45K	$146K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004572	−0.218%	$3.8M	$4.8M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004568	−0.311%	$2	—	3x	as long as short
Injective PUMP/USDC PERPlong	+0.0344%	1h	0.004582	long leg	$38K	$204K	12x
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004573	−0.196%	$743K	$6.3M	50x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004574	−0.164%	$532K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0810%	1h	0.004570	−0.255%	$1.1M	$3.6M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0988%	1h	0.004580	−0.046%	$507	$105K	10x	as long as short