Funding you earn now, next payment 04:00 UTC−0.0296%/8h= −32.4% APRpaid last 24h −0.024%
Price spread now: Bitget against Hyperliquid−0.182%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$480.484% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days+0.177%+$18 · spread now −0.182%, 7d avg −0.056%
=Together, before fees+0.185%+ Points / potential airdropHyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Bitget is 0.126% cheaper against Hyperliquid than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.056%). Swap the legs.
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. 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 | Hyperliquid PUMP | 0.004401 | 0.0396 | pay 0.0049% / 1h | 58m 30s | $164.4M | $56.1M | 10x |
| Short | Bitget PUMPUSDT | 0.004393 | 0.0100 | get 0.0050% / 4h | 58m 30s | $17.5M | $20.1M | 75x |
Hyperliquid PUMP
Bitget PUMPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Hyperliquid. 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
- −$62.15
- Price spread: −0.182% → −0.056%
- −$12.61
- Slippage, 4 orders
- −$27.38
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$123.13
- Costs to cover
- 0.484%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Bitget: live order book, 5 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 Hyperliquid live order book, 5 min ago | 1.13 bp | 10.8 bp −$11 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.27 bp | 14.4 bp −$14 | 32.3 bp −$323 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PUMP_USDC_PERP | −0.0683% | 1h | 0.004398 | −0.070% | $780K | $194K | 5x | as long as short |
| Perpl PUMP | −0.0112% | 43m | 0.004395 | −0.136% | $18K | $232K | 20x | as long as short |
| dYdX PUMP-USD | 0.0000% | 1h | 0.004400 | −0.020% | $20K | $9K | 5x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004401 | 0.000% | $70K | $124K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004392 | −0.214% | $53K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004401 | 0.000% | $2.8M | $5.4M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004300 | −2.295% | $28K | $823K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004396 | −0.102% | $1.6M | $2.1M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004398 | −0.058% | $692K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004401 | 0.000% | $488K | $817K | 10x | as long as short |
Backpack PUMP_USDC_PERP
Perpl PUMP
dYdX PUMP-USD
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Lighter PUMP
Popdex PUMPUSDT
Nado PUMP-PERP
Aster PUMPUSDT
Pacifica PUMPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PUMPUSDT | +0.0100% | 4h | 0.004396 | −0.115% | $79.8M | $171.9M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004395 | −0.136% | $23.9M | $97.3M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004398 | −0.057% | $36K | $189K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004399 | −0.045% | $60K | $86K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004398 | −0.068% | $4.8M | $11.1M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004395 | −0.136% | $23.4M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDTshort | +0.0100% | 4h | 0.004393 | −0.182% | $17.5M | $20.1M | 75x | |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004392 | −0.204% | — | $12.9M | — | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004398 | −0.078% | $64K | $3.1M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004399 | −0.042% | $1.2M | $10.6M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004401 | 0.000% | $147K | $751K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004398 | −0.068% | $101K | $2.1M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004400 | −0.023% | $41K | $11K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004399 | −0.036% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004396 | −0.114% | $2K | $760K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004400 | −0.023% | $276 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004386 | −0.341% | $21K | $117K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004403 | +0.045% | $2.0M | $4.0M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004401 | +0.010% | $42K | $276 | 5x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004397 | −0.091% | $70K | $11K | 3x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0191% / S −0.0050% | 1h | 0.004391 | −0.227% | $59K | — | 100x | as long as short |
| Extended PUMP-USD | +0.0216% | 1h | 0.004396 | −0.103% | $3.8M | $4.3M | 50x | as long as short |
| 01 Exchange PUMPUSD | +0.0256% | 1h | 0.004399 | −0.045% | $6K | $727 | 10x | as long as short |
| Phoenix PUMP | +0.0321% | 1h | 0.004406 | +0.123% | $43K | $102K | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004400 | −0.023% | $3.7M | $4.4M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004394 | −0.163% | $2 | — | 3x | as long as short |
| Hyperliquid PUMPlong | +0.0396% | 1h | 0.004401 | long leg | $164.4M | $56.1M | 10x | |
| Coinbase International PUMP-PERP-INTX | +0.0440% | 1h | 0.004405 | +0.091% | $690K | $5.9M | 50x | as long as short |
| RISEx PUMP/USDC | +0.0570% | 1h | 0.004398 | −0.057% | $523K | $1.0M | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0706% | 1h | 0.004399 | −0.045% | $38K | $204K | 12x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0805% | 1h | 0.004403 | +0.048% | $1.1M | $3.4M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.0881% | 1h | 0.004409 | +0.179% | $582 | $115K | 10x | as long as short |
Binance PUMPUSDT
OKX PUMP-USDT-SWAP
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
KuCoin PUMPUSDTM
BingX PUMP-USDT
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Orderly PERP_PUMP_USDC
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Aevo PUMP-PERP
GMX PUMP/USD [WBTC.b-USDC]
Extended PUMP-USD
01 Exchange PUMPUSD
Phoenix PUMP
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Coinbase International PUMP-PERP-INTX
RISEx PUMP/USDC
Injective PUMP/USDC PERP
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD