PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0684%/8h= −74.9% APRnext payment −$0.86 per $10,000 · paid last 24h −0.070%

Price spread now: Arcus against RISEx−0.092%7-day average −0.029% · 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−$33as in the Price arb table

costs, in and out, $10k−$270.271% of the position

Long on RISEx Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.216%−$22 on $10k

Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.092%, 7d avg −0.029%

Together, before fees−0.208%−$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Arcus is 0.063% cheaper against RISEx than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.029%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.216% in total (about -21.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.86 per $10,000. 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	RISEx PUMP/USDC	0.004589	0.0784	pay 0.0098% / 1h	14m 21s	$544K	$1.1M	10x
Short	Arcus PUMP-USD	0.004585	0.0100	get 0.0013% / 1h	14m 21s	$46K	$125K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against RISEx. 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 RISExbpFee ArcusbpOrdersPrice spread, now −0.092%Rate

Funding earned: −$143.71
Price spread: −0.092% → −0.029%: −$6.29
Slippage, 4 orders: −$16.63
Fee RISEx: 3 bp × 2 orders: −$6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$177.14
Costs to cover: 0.271%
Break-even: never at this rate

Slippage from RISEx: live order book, 4 min ago; Arcus: live order book, 19 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 RISEx live order book, 4 min ago	1.10 bp	4.1 bp −$4	11.4 bp −$114	doesn't fit	doesn't fit
Sell Arcus live order book, 19 min ago	6.66 bp	10.0 bp −$10	16.5 bp −$165	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	0.0000%	1h	0.004587	−0.043%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004583	−0.135%	$18K	$269K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004585	−0.102%	$58K	—	150x	as long as short
Gate PUMP_USDT	+0.0016%	4h	0.004583	−0.135%	$5.0M	$10.4M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004590	+0.017%	$3.0M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.944%	$29K	$648K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004583	−0.145%	$855K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004587	−0.048%	$535K	$858K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004586	−0.073%	$83.8M	$173.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004580	−0.201%	$25.2M	$102.3M	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.P	+0.0100%	1h	0.004569	−0.449%	$27K	$153K	5x	as long as short
Arcus PUMP-USDshort	+0.0100%	1h	0.004585	−0.092%	$46K	$125K	10x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004590	+0.017%	$24.9M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004580	−0.201%	$18.0M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004584	−0.114%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004580	−0.192%	$822K	$206K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004547	−0.923%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004550	−0.855%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004557	−0.702%	$154K	$741K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004590	+0.017%	$106K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004585	−0.092%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004583	−0.136%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004578	−0.244%	$2K	$774K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004578	−0.244%	$256	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004571	−0.397%	$22K	$77K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004577	−0.266%	$1.9M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004589	+0.001%	$44K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004579	−0.213%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004582	−0.157%	$68K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0160%	1h	0.004585	−0.081%	$1.7M	$2.1M	10x	as long as short
Hyperliquid PUMP	+0.0186%	1h	0.004591	+0.039%	$171.9M	$50.1M	10x	as long as short
01 Exchange PUMPUSD	+0.0272%	1h	0.004590	+0.017%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0279%	1h	0.004579	−0.222%	$38K	$204K	12x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0305% / S −0.0274%	1h	0.004578	−0.244%	$66K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004580	−0.201%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004579	−0.226%	$2	—	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0405%	1h	0.004585	−0.092%	$70K	$116K	25x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004542	−1.037%	$44K	$139K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0439%	1h	0.004580	−0.211%	$1.1M	$3.5M	50x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0536%	1h	0.004585	−0.092%	$735K	$6.1M	50x	as long as short
RISEx PUMP/USDClong	+0.0784%	1h	0.004589	long leg	$544K	$1.1M	10x
Aftermath Perps PUMPUSD	+0.0905%	1h	0.004558	−0.678%	$504	$111K	10x	as long as short