PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0323%/8h= −35.3% APRnext payment −$0.40 per $10,000 · paid last 24h +0.218%

Price spread now: Popdex against Injective−1.212%46s7-day average −1.285% · 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—prices read too far apart to compare

costs, in and out, $10k−$1111.109% of the position

Long on Injective Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.664%+$66 on $10k

Price spread, last 4 days (all we have)−0.904%−$90 · spread now −1.212%, 7d avg −1.285%

Together, before fees−0.240%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Popdex is 0.072% dearer against Injective than usual: you sell high and buy low (spread −1.212% now, against its 7-day average of −1.285%): +$7 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 18 hours. Mind the row above: over the last 4 days funding on this pair paid +0.664%, so the current rate has only just turned against you. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective PUMP/USDC PERP	0.004454	0.0419	pay 0.0052% / 1h	50m 02s	$38K	$204K	12x
Short	Popdex PUMPUSDT	0.004400	0.0096	get 0.0012% / 1h	50m 02s	$29K	$693K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −1.212%Rate

Funding earned: −$67.77
Price spread: −1.212% → −1.285%: $7.24
Slippage, 4 orders: −$104.51
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$171.47
Costs to cover: 1.109%
Break-even: never at this rate

Slippage from Injective: live order book, 4 min ago; Popdex: live order book, 4 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, 4 min ago	19.16 bp	50.4 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell Popdex live order book, 4 min ago	2.25 bp	15.5 bp −$16	doesn't fit	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	−1.2384%	1h	0.004448	−0.130%	$20K	$11K	5x	as long as short
Gate PUMP_USDT	−0.0146%	4h	0.004437	−0.382%	$4.9M	$10.4M	75x	as long as short
Perpl PUMP	−0.0112%	43m	0.004439	−0.337%	$18K	$239K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004435	−0.427%	$70K	$122K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004437	−0.386%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004443	−0.247%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDTshort	+0.0096%	1h	0.004400	−1.212%	$29K	$693K	20x
Nado PUMP-PERP	+0.0100%	1h	0.004441	−0.281%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004438	−0.369%	$703K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004445	−0.202%	$499K	$821K	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	0.004443	−0.238%	$81.0M	$172.2M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004443	−0.247%	$24.1M	$97.7M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004451	−0.074%	$31K	$193K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004444	−0.225%	$62K	$99K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004445	−0.202%	$23.8M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004443	−0.247%	$17.5M	$20.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004438	−0.359%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004438	−0.368%	$791K	$209K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004444	−0.228%	$65K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004449	−0.109%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004444	−0.225%	$147K	$756K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004442	−0.269%	$104K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004436	−0.404%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004435	−0.432%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004438	−0.359%	$2K	$766K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004438	−0.359%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004445	−0.202%	$21K	$105K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004440	−0.314%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004443	−0.251%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004434	−0.449%	$66K	$13K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004434	−0.449%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0304%	1h	0.004444	−0.218%	$3.9M	$4.3M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004460	+0.135%	$3.7M	$4.5M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004454	+0.002%	$42K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004439	−0.341%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0352%	1h	0.004447	−0.157%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERPlong	+0.0419%	1h	0.004454	long leg	$38K	$204K	12x
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004440	−0.314%	$705K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0540%	1h	0.004447	−0.157%	$166.7M	$54.4M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004445	−0.204%	$528K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0660%	1h	0.004440	−0.320%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1035%	1h	0.004442	−0.266%	$448	$112K	10x	as long as short