PUMP funding arbitrage: backpack vs phoenix

Long PUMP_USDC_PERP on backpack against short PUMP on phoenix.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbackpackPUMP_USDC_PERP0.0013% / 1h+10.95%$430.1K$1.03M
ShortphoenixPUMP0.0043% / 1h+37.23%$408.8K$223.1K

Funding spread +26.28% APR. Price spread +0.0286%.

Data generated at 2026-09-01T05:32:21Z. Live numbers load on this page automatically.