PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0201%/8h= −22.0% APRnext payment −$0.25 per $10,000 · paid last 24h −0.239%

Price spread now: Injective against RISEx+0.667%7-day average −0.109% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$880.883% of the position

Long on RISEx Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.882%−$88 on $10k

Price spread, last 4 days (all we have)−0.601%−$60 · spread now +0.667%, 7d avg −0.109%

Together, before fees−1.483%−$148 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Injective is 0.776% dearer against RISEx than usual: you sell high and buy low (spread +0.667% now, against its 7-day average of −0.109%): +$78 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 13 days. At the pace of the last 4 days (−0.882% in total) that is about 3.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx PUMP/USDC	0.004500	0.0764	pay 0.0096% / 1h	2m 39s	$536K	$1.1M	10x
Short	Injective PUMP/USDC PERP	0.004530	0.0564	get 0.0070% / 1h	2m 39s	$38K	$205K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.667%Rate

Funding earned: −$42.13
Price spread: +0.667% → −0.109%: $77.59
Slippage, 4 orders: −$82.31
Fee RISEx: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$52.86
Costs to cover: 0.883%
Break-even: never at this rate

Slippage from RISEx: live order book, 1 min ago; Injective: live order book, 41 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, 1 min ago	2.22 bp	5.2 bp −$5	10.7 bp −$107	doesn't fit	doesn't fit
Sell Injective live order book, 41 min ago	9.90 bp	21.6 bp −$22	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	−0.0005%	1h	0.004504	+0.089%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004504	+0.089%	$18K	$268K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004506	+0.126%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0068%	4h	0.004498	−0.044%	$5.0M	$10.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004504	+0.089%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	0.000%	$29K	$647K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004503	+0.067%	$824K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004502	+0.044%	$531K	$859K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004501	+0.022%	$82.4M	$172.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004498	−0.044%	$24.8M	$98.1M	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	0.004503	+0.056%	$27K	$150K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004500	0.000%	$65K	$100K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004504	+0.089%	$24.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004499	−0.022%	$17.7M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004500	0.000%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004503	+0.060%	$806K	$200K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004511	+0.249%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004507	+0.162%	$1.3M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004512	+0.267%	$152K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004506	+0.133%	$104K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004506	+0.133%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004506	+0.129%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004507	+0.156%	$2K	$770K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004504	+0.089%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004505	+0.111%	$21K	$83K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004504	+0.089%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004501	+0.032%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004499	−0.017%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004504	+0.089%	$67K	$10K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0194%	1h	0.004507	+0.156%	$69K	$116K	25x	as long as short
Nado PUMP-PERP	+0.0205%	1h	0.004501	+0.033%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004505	+0.111%	$64K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0312%	1h	0.004500	0.000%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004502	+0.044%	$3.8M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004503	+0.062%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004512	+0.273%	$47K	$139K	10x	as long as short
Hyperliquid PUMP	+0.0486%	1h	0.004507	+0.156%	$168.5M	$51.1M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004510	+0.222%	$726K	$5.9M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0548%	1h	0.004507	+0.147%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERPshort	+0.0564%	1h	0.004530	+0.667%	$38K	$205K	12x
RISEx PUMP/USDClong	+0.0764%	1h	0.004500	long leg	$536K	$1.1M	10x
Aftermath Perps PUMPUSD	+0.1005%	1h	0.004518	+0.402%	$500	$112K	10x	as long as short