Funding you earn now, next payment 22:00 UTC+0.0587%/8h= +64.3% APRpaid last 24h +0.267%
Price spread now: Kraken Futures against Gate+0.101%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$700.699% of the position
Funding, last 7 days+0.261%+$26 on $10k
+Price spread, last 3 days (all we have)−0.104%−$10 · spread now +0.101%, 7d avg +0.066%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Kraken Futures is 0.034% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.066%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.261% in total (about 13.6% a year). A funding rate is set anew for every payment. 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 | Gate PUMP_USDT | 0.004315 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $4.6M | $11.6M | 75x |
| Short | Kraken Futures PF_PUMPUSD | 0.004319 | 0.0687 | get 0.0086% / 1h | 57m 36s | $1.3M | $3.5M | 50x |
Gate PUMP_USDT
Kraken Futures PF_PUMPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $123.37
- Price spread: +0.101% → +0.066%
- $3.41
- Slippage, 4 orders
- −$44.87
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $56.9
- Costs to cover
- 0.699%
- Break-even
- 3.8 days
Slippage from Gate: live order book, 1 min ago; Kraken Futures: live order book, 1 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 Gate live order book, 1 min ago | 3.48 bp | 17.9 bp −$18 | 43.4 bp −$434 | 83.8 bp −$8,381 | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 9.25 bp | 18.4 bp −$18 | 33.9 bp −$339 | 422.6 bp −$42.3K | 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 | −0.5785% | 1h | 0.004322 | +0.163% | $20K | $8K | 5x | as long as short |
| OKX PUMP-USDT-SWAP | −0.0037% | 4h | 0.004317 | +0.046% | $22.6M | $95.3M | 50x | as long as short |
| Orderly PERP_PUMP_USDC | −0.0013% | 4h | 0.004314 | −0.023% | $41K | $10K | 10x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004320 | +0.116% | $20K | $201K | 20x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004317 | +0.046% | $70K | $125K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0002% | 1h | 0.004318 | +0.071% | $55K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004316 | +0.023% | $2.9M | $5.5M | 10x | as long as short |
| 01 Exchange PUMPUSD | +0.0096% | 1h | 0.004316 | +0.023% | $6K | $497 | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004300 | −0.348% | $29K | $775K | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004314 | −0.014% | $41K | — | 5x | as long as short |
dYdX PUMP-USD
OKX PUMP-USDT-SWAP
Orderly PERP_PUMP_USDC
Perpl PUMP
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Lighter PUMP
01 Exchange PUMPUSD
Popdex PUMPUSDT
Paradex PUMP-USD-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado PUMP-PERP | +0.0100% | 1h | 0.004318 | +0.081% | $1.6M | $2.0M | 10x | as long as short |
| Hyperliquid PUMP | +0.0100% | 1h | 0.004323 | +0.185% | $158.3M | $52.3M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004318 | +0.070% | $784K | $2.1M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004317 | +0.046% | $449K | $614K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004316 | +0.023% | $76.6M | $165.6M | 75x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004312 | −0.065% | $20K | $178K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004316 | +0.023% | $42K | $53K | 10x | as long as short |
| Gate PUMP_USDTlong | +0.0100% | 4h | 0.004315 | long leg | $4.6M | $11.6M | 75x | |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004318 | +0.070% | $22.8M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004317 | +0.046% | $17.1M | $19.2M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004316 | +0.023% | — | $12.9M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004313 | −0.037% | $770K | $186K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004323 | +0.177% | $63K | $3.1M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004324 | +0.209% | $1.2M | $9.6M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004327 | +0.278% | $137K | $766K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004322 | +0.162% | $110K | $1.8M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004316 | +0.019% | $4K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004317 | +0.046% | $2K | $711K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004314 | −0.023% | $711 | $6K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004317 | +0.046% | $21K | $146K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004317 | +0.046% | $2.0M | $4.1M | 20x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004313 | −0.046% | $3.6M | $3.7M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004314 | −0.023% | $71K | $18K | 3x | as long as short |
| RISEx PUMP/USDC | +0.0125% | 1h | 0.004318 | +0.064% | $492K | $1.0M | 10x | as long as short |
| Phoenix PUMP | +0.0167% | 1h | 0.004323 | +0.192% | $39K | $99K | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0240% | 1h | 0.004326 | +0.255% | $657K | $5.5M | 50x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0304% / S −0.0222% | 1h | 0.004318 | +0.070% | $67K | — | 100x | as long as short |
| Aftermath Perps PUMPUSD | +0.0336% | 1h | 0.004320 | +0.110% | $200 | $105K | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004324 | +0.209% | $3.5M | $3.7M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004318 | +0.060% | $2 | — | 3x | as long as short |
| Injective PUMP/USDC PERP | +0.0521% | 1h | 0.004334 | +0.440% | $38K | $207K | 12x | as long as short |
| Kraken Futures PF_PUMPUSDshort | +0.0687% | 1h | 0.004319 | +0.101% | $1.3M | $3.5M | 50x |
Nado PUMP-PERP
Hyperliquid PUMP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Extended PUMP-USD
Aevo PUMP-PERP
RISEx PUMP/USDC
Phoenix PUMP
Coinbase International PUMP-PERP-INTX
GMX PUMP/USD [WBTC.b-USDC]
Aftermath Perps PUMPUSD
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Injective PUMP/USDC PERP