Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
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: Ondo Perps against Reya−0.104%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Ondo Perps is 0.104% cheaper against Reya than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya PUMPRUSDPERP0.0044570.0344pay 0.0043% / 1h30m 17s$23x
ShortOndo Perps PUMP-USD.P0.0044520.0100get 0.0013% / 1h30m 17s$26K$166K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Reya. 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

Funding earned
−$51.14
Price spread: −0.104% → 0.000%
−$10.37
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$72.5
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Ondo Perps no order-book sample
Reya and Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.0014%1h0.004435−0.483%$20K$11K5xas long as short
Perpl PUMP0.0000%43m0.004451−0.131%$18K$245K20xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004454−0.065%$55K150xas long as short
Lighter PUMP+0.0096%1h0.004457+0.004%$2.9M$4.6M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−1.275%$29K$637K20xas long as short
Nado PUMP-PERP+0.0100%1h0.004455−0.030%$1.6M$2.0M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004454−0.063%$708K$2.2M50xas long as short
Pacifica PUMP+0.0100%1h0.004441−0.355%$534K$767K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004456−0.018%$81.9M$167.0M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004455−0.041%$24.4M$94.7M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps PUMP-USD.Pshort+0.0100%1h0.004452−0.104%$26K$166K5x
Arcus PUMP-USD+0.0100%1h0.004453−0.086%$64K$103K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004451−0.131%$4.9M$10.4M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004457+0.004%$23.9M$13.7M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004455−0.041%$17.6M$18.9M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004452−0.108%$13.8Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004438−0.422%$799K$203K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004455−0.046%$67K$3.2M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004456−0.021%$1.2M$10.0M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004457+0.004%$150K$747K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004457+0.004%$114K$2.1M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004456−0.018%$42K$11K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004454−0.072%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004452−0.108%$2K$748K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004455−0.041%$280$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004451−0.131%$21K$93K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004455−0.041%$2.0M$3.9M20xas long as short
Extended PUMP-USD+0.0104%1h0.004454−0.057%$3.8M$3.8M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004452−0.108%$66K$10K3xas long as short
Paradex PUMP-USD-PERP+0.0104%8h0.004441−0.350%$42K$2765xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0272% / S −0.0200%1h0.004455−0.041%$54K100xas long as short
01 Exchange PUMPUSD+0.0320%1h0.004455−0.041%$6K$60010xas long as short
BloFin PUMP-USDT+0.0340%4h0.004440−0.377%$3.7M$4.4M75xas long as short
Reya PUMPRUSDPERPlong+0.0344%1h0.004457long leg$23x
Phoenix PUMP+0.0356%1h0.004460+0.078%$45K$119K10xas long as short
Hyperliquid PUMP+0.0466%1h0.004459+0.049%$166.2M$49.7M10xas long as short
Coinbase International PUMP-PERP-INTX+0.0480%1h0.004463+0.139%$708K$5.5M50xas long as short
Injective PUMP/USDC PERP+0.0571%1h0.004447−0.220%$38K$204K12xas long as short
RISEx PUMP/USDC+0.0682%1h0.004455−0.052%$529K$1.0M10xas long as short
Kraken Futures PF_PUMPUSD+0.0822%1h0.004456−0.029%$1.0M$3.3M50xas long as short
Deribit PUMP_USDC-PERPETUAL+0.0873%1h0.004458+0.026%$69K$115K25xas long as short
Aftermath Perps PUMPUSD+0.1094%1h0.004457−0.005%$717$106K10xas long as short