Funding you earn now, next payment 06:00 UTC−0.0305%/8h= −33.4% APRpaid last 24h −0.033%
Price spread now: HTX against Phoenix−0.162%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and HTX is 0.162% cheaper against Phoenix than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.090% in total (about -4.7% 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 | Phoenix PUMP | 0.004512 | 0.0405 | pay 0.0051% / 1h | 2m 59s | $47K | $139K | 10x |
| Short | HTX PUMP-USDT | 0.004505 | 0.0100 | get 0.0050% / 4h | 1h 02m | $21K | $83K | 20x |
Phoenix PUMP
HTX PUMP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Phoenix. 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
- −$63.98
- Price spread: −0.162% → 0.000%
- −$16.18
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$99.15
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 25 min ago; HTX: 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 Phoenix live order book, 25 min ago | 1.99 bp | 16.1 bp −$16 | 57.7 bp −$577 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 | −0.0005% | 1h | 0.004504 | −0.184% | $21K | $11K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004504 | −0.184% | $18K | $268K | 20x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004506 | −0.146% | $55K | — | 150x | as long as short |
| Gate PUMP_USDT | +0.0072% | 4h | 0.004501 | −0.250% | $5.0M | $10.6M | 75x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004505 | −0.162% | $2.9M | $4.7M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004500 | −0.273% | $29K | $647K | 20x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004503 | −0.210% | $824K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004505 | −0.162% | $531K | $859K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004502 | −0.223% | $82.4M | $172.1M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004499 | −0.295% | $24.8M | $98.1M | 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 | 0.004503 | −0.217% | $27K | $150K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004503 | −0.206% | $65K | $100K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004508 | −0.095% | $24.3M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004502 | −0.228% | $17.7M | $19.2M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004504 | −0.184% | — | $14.2M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004503 | −0.213% | $806K | $200K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004511 | −0.025% | $66K | $3.2M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004507 | −0.111% | $1.3M | $10.4M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004512 | −0.007% | $152K | $744K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004506 | −0.140% | $104K | $2.2M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004506 | −0.140% | $43K | $2K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004506 | −0.144% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004507 | −0.117% | $2K | $770K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004504 | −0.184% | $283 | $7K | 10x | as long as short |
| HTX PUMP-USDTshort | +0.0100% | 4h | 0.004505 | −0.162% | $21K | $83K | 20x | |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004504 | −0.184% | $2.0M | $3.9M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0103% | 8h | 0.004503 | −0.215% | $43K | $276 | 5x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004500 | −0.268% | $3.8M | $3.7M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004504 | −0.184% | $67K | $10K | 3x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0194% | 1h | 0.004507 | −0.117% | $69K | $116K | 25x | as long as short |
| Nado PUMP-PERP | +0.0205% | 1h | 0.004501 | −0.239% | $1.6M | $2.1M | 10x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0303% / S −0.0274% | 1h | 0.004505 | −0.162% | $64K | — | 100x | as long as short |
| 01 Exchange PUMPUSD | +0.0312% | 1h | 0.004504 | −0.184% | $6K | $600 | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004502 | −0.228% | $3.8M | $4.6M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004503 | −0.211% | $2 | — | 3x | as long as short |
| Phoenix PUMPlong | +0.0405% | 1h | 0.004512 | long leg | $47K | $139K | 10x | |
| Hyperliquid PUMP | +0.0489% | 1h | 0.004507 | −0.117% | $168.5M | $51.1M | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0528% | 1h | 0.004510 | −0.051% | $726K | $5.9M | 50x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0548% | 1h | 0.004507 | −0.126% | $1.1M | $3.5M | 50x | as long as short |
| Injective PUMP/USDC PERP | +0.0564% | 1h | 0.004530 | +0.392% | $38K | $205K | 12x | as long as short |
| RISEx PUMP/USDC | +0.0764% | 1h | 0.004504 | −0.184% | $537K | $1.1M | 10x | as long as short |
| Aftermath Perps PUMPUSD | +0.1005% | 1h | 0.004518 | +0.128% | $500 | $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
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Orderly PERP_PUMP_USDC
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Extended PUMP-USD
Aevo PUMP-PERP
Deribit PUMP_USDC-PERPETUAL
Nado PUMP-PERP
GMX PUMP/USD [WBTC.b-USDC]
01 Exchange PUMPUSD
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Hyperliquid PUMP
Coinbase International PUMP-PERP-INTX
Kraken Futures PF_PUMPUSD
Injective PUMP/USDC PERP
RISEx PUMP/USDC
Aftermath Perps PUMPUSD