PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0244%/8h= +26.7% APRnext payment +$0.30 per $10,000 · paid last 24h +0.073%

Price spread now: Reya against Ondo Perps−0.087%49s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Reya

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · Reya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.087% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 29 hours of funding at the current rate (+$7 a day). The two prices were read 49 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	Ondo Perps PUMP-USD.P	0.004458	0.0100	pay 0.0013% / 1h	28m 39s	$26K	$166K	5x
Short	Reya PUMPRUSDPERP	0.004454	0.0344	get 0.0043% / 1h	28m 39s	$2	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Ondo Perps. 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 Ondo PerpsbpFee ReyabpOrdersPrice spread, now −0.087%Rate

Funding earned: $51.14
Price spread: −0.087% → 0.000%: −$8.7
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Reya: 3 bp × 2 orders: −$6
Net: $31.44
Costs to cover: 0.110%
Break-even: 2.7 days

Slippage unknown: Ondo Perps: no order-book sample; Reya: no order-book sample. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Reya no order-book sample	—	—	—	—	—

Ondo Perps and Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0013%	1h	0.004441	−0.369%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004453	−0.105%	$18K	$244K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004451	−0.141%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004442	−0.352%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.294%	$29K	$637K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004453	−0.094%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004440	−0.386%	$706K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004440	−0.397%	$534K	$774K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004440	−0.397%	$81.4M	$167.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004438	−0.442%	$24.3M	$94.4M	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.Plong	+0.0100%	1h	0.004458	long leg	$26K	$166K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004441	−0.375%	$64K	$103K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004439	−0.419%	$4.9M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004444	−0.307%	$23.9M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004437	−0.464%	$17.6M	$18.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004440	−0.397%	—	$13.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004446	−0.253%	$800K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004455	−0.065%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004439	−0.420%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004457	−0.016%	$150K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004459	+0.029%	$113K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004451	−0.150%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004450	−0.180%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004453	−0.105%	$2K	$748K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004447	−0.240%	$279	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004449	−0.195%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004450	−0.173%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004438	−0.436%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004446	−0.262%	$66K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0104%	8h	0.004440	−0.389%	$42K	$276	5x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0200%	1h	0.004450	−0.173%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004459	+0.029%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004446	−0.262%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERPshort	+0.0344%	1h	0.004454	−0.087%	$2	—	3x
Phoenix PUMP	+0.0356%	1h	0.004441	−0.366%	$45K	$119K	10x	as long as short
Hyperliquid PUMP	+0.0447%	1h	0.004446	−0.262%	$165.7M	$49.8M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004456	−0.038%	$706K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004452	−0.128%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0649%	1h	0.004454	−0.083%	$69K	$115K	25x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004443	−0.332%	$528K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0823%	1h	0.004448	−0.226%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1129%	1h	0.004455	−0.061%	$516	$106K	10x	as long as short