Funding you earn now, next payment 02:00 UTC+0.0299%/8h= +32.8% APRnext payment +$0.37 per $10,000 · paid last 24h +0.016%
Price spread now: Hyperliquid against ApeX Omni−0.068%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$530.525% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.189%−$19 · spread now −0.068%, 7d avg +0.007%
=Together, before fees−0.197%+ Points / potential airdropHyperliquid: Season 2 · farm board−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.075% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.007%). If the spread goes back, that is −$7 on $10k: about 20 hours of funding at the current rate (+$9 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.007% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.37 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 | ApeX Omni PUMPUSDT | 0.004409 | 0.0100 | pay 0.0013% / 1h | 51m 19s | $139K | $758K | 50x |
| Short | Hyperliquid PUMP | 0.004406 | 0.0399 | get 0.0050% / 1h | 51m 19s | $162.3M | $53.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $62.87
- Price spread: −0.068% → +0.007%
- −$7.49
- Slippage, 4 orders
- −$33.53
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $2.85
- Costs to cover
- 0.525%
- Break-even
- 6.7 days
Slippage from ApeX Omni: live order book, 18 min ago; Hyperliquid: live order book, 13 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 ApeX Omni live order book, 18 min ago | 7.83 bp | 15.3 bp −$15 | 101.6 bp −$1,016 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 1.12 bp | 8.2 bp −$8 | 19.0 bp −$190 | 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 | 0.004400 | −0.204% | $20K | $9K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004405 | −0.091% | $20K | $200K | 20x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004402 | −0.159% | $70K | $124K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004401 | −0.181% | $53K | — | 150x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0059% | 4h | 0.004403 | −0.136% | $41K | $10K | 10x | as long as short |
| Gate PUMP_USDT | +0.0080% | 4h | 0.004399 | −0.227% | $4.8M | $10.4M | 75x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004407 | −0.045% | $2.8M | $5.4M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −0.204% | $27K | $771K | 20x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004401 | −0.181% | $699K | $2.3M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004398 | −0.249% | $475K | $654K | 10x | as long as short |
Show all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PUMPUSDT | +0.0100% | 4h | 0.004408 | −0.029% | $79.1M | $164.6M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004407 | −0.045% | $23.5M | $96.5M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004393 | −0.372% | $26K | $166K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004401 | −0.181% | $39K | $60K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004406 | −0.068% | $23.4M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004404 | −0.113% | $17.6M | $19.2M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004402 | −0.159% | — | $12.8M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004406 | −0.070% | $784K | $179K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004401 | −0.187% | $64K | $3.1M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004408 | −0.021% | $1.2M | $10.4M | 10x | as long as short |
| ApeX Omni PUMPUSDTlong | +0.0100% | 1h | 0.004409 | long leg | $139K | $758K | 50x | |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004405 | −0.091% | $102K | $2.0M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004403 | −0.139% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004401 | −0.181% | $2K | $732K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004406 | −0.068% | $276 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004400 | −0.204% | $21K | $118K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004405 | −0.091% | $2.0M | $3.9M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004398 | −0.259% | $42K | $276 | 5x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004403 | −0.137% | $3.7M | $4.1M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004402 | −0.159% | $70K | $9K | 3x | as long as short |
| Nado PUMP-PERP | +0.0114% | 1h | 0.004401 | −0.170% | $1.6M | $2.0M | 10x | as long as short |
| 01 Exchange PUMPUSD | +0.0208% | 1h | 0.004404 | −0.113% | $6K | $727 | 10x | as long as short |
| Phoenix PUMP | +0.0235% | 1h | 0.004413 | +0.086% | $39K | $103K | 10x | as long as short |
| RISEx PUMP/USDC | +0.0322% | 1h | 0.004406 | −0.070% | $481K | $995K | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004406 | −0.068% | $3.6M | $4.3M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004400 | −0.208% | $2 | — | 3x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0358% / S −0.0298% | 1h | 0.004401 | −0.181% | $73K | — | 100x | as long as short |
| Hyperliquid PUMPshort | +0.0399% | 1h | 0.004406 | −0.068% | $162.3M | $53.9M | 10x | |
| Coinbase International PUMP-PERP-INTX | +0.0408% | 1h | 0.004407 | −0.045% | $702K | $5.6M | 50x | as long as short |
| Injective PUMP/USDC PERP | +0.0571% | 1h | 0.004408 | −0.023% | $39K | $203K | 12x | as long as short |
| Aftermath Perps PUMPUSD | +0.0706% | 1h | 0.004411 | +0.035% | $386 | $110K | 10x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.1262% | 1h | 0.004410 | +0.032% | $1.3M | $3.1M | 50x | as long as short |
ApeX Omni PUMPUSDT
Hyperliquid PUMP
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Gate PUMP_USDT
Lighter PUMP
Popdex PUMPUSDT
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
OKX PUMP-USDT-SWAP
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
Polymarket Perps PUMP-USD
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Extended PUMP-USD
01 Exchange PUMPUSD
Phoenix PUMP
RISEx PUMP/USDC
BloFin PUMP-USDT
GMX PUMP/USD [WBTC.b-USDC]
Coinbase International PUMP-PERP-INTX
Injective PUMP/USDC PERP
Aftermath Perps PUMPUSD
Kraken Futures PF_PUMPUSD