A device for pumping blood, includes a housing having a distal end adapted to be coupled to a catheter, a proximal end having an outlet, and a tubular body extending between the distal and proximal ends along an axis. A rotor is rotatably disposed within the housing. A first magnetic bearing is operative to levitate the rotor along the axis within the housing. A second magnetic bearing controls a rotational frequency of the rotor. A third magnetic bearing controls a radial position of the rotor.