Funding you earn now, next payment 21:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.18 per $10,000 · paid last 24h −0.004%
Price spread now: Coinbase International against Hyperliquid+0.092%49s7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.457% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)−0.138%−$14 · spread now +0.092%, 7d avg −0.053%
=Together, before fees−0.146%+ Points / potential airdropHyperliquid: Season 2 · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.145% dearer against Hyperliquid than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.053%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PUMP | 0.004339 | 0.0100 | pay 0.0013% / 1h | 18m 33s | $159.1M | $52.4M | 10x |
| Short | Coinbase International PUMP-PERP-INTX | 0.004343 | 0.0240 | get 0.0030% / 1h | 18m 33s | $659K | $5.4M | 50x |
Hyperliquid PUMP
Coinbase International PUMP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $29.4
- Price spread: +0.092% → −0.053%
- $14.52
- Slippage, 4 orders
- −$26.67
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$1.75
- Costs to cover
- 0.457%
- Break-even
- 7.4 days
Slippage from Hyperliquid: live order book, 5 min ago; Coinbase International: 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 | 1.15 bp | 9.9 bp −$10 | 26.1 bp −$261 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 4.61 bp | 11.8 bp −$12 | 16.7 bp −$167 | 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 | −0.4815% | 1h | 0.004335 | −0.094% | $20K | $8K | 5x | as long as short |
| Backpack PUMP_USDC_PERP | −0.0230% | 1h | 0.004335 | −0.099% | $773K | $183K | 5x | as long as short |
| Perpl PUMP | −0.0112% | 43m | 0.004333 | −0.138% | $20K | $206K | 20x | as long as short |
| OKX PUMP-USDT-SWAP | −0.0070% | 4h | 0.004332 | −0.161% | $22.7M | $96.1M | 50x | as long as short |
| Orderly PERP_PUMP_USDC | −0.0023% | 4h | 0.004334 | −0.115% | $41K | $10K | 10x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004337 | −0.046% | $69K | $126K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004336 | −0.075% | $55K | — | 150x | as long as short |
| Gate PUMP_USDT | +0.0070% | 4h | 0.004334 | −0.115% | $4.6M | $11.7M | 75x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004333 | −0.138% | $2.9M | $5.5M | 10x | as long as short |
| 01 Exchange PUMPUSD | +0.0096% | 1h | 0.004334 | −0.115% | $6K | $497 | 10x | as long as short |
dYdX PUMP-USD
Backpack PUMP_USDC_PERP
Perpl PUMP
OKX PUMP-USDT-SWAP
Orderly PERP_PUMP_USDC
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Gate PUMP_USDT
Lighter PUMP
01 Exchange PUMPUSDShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004300 | −0.899% | $29K | $766K | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004333 | −0.128% | $42K | — | 5x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004333 | −0.127% | $1.6M | $2.0M | 10x | as long as short |
| Hyperliquid PUMPlong | +0.0100% | 1h | 0.004339 | long leg | $159.1M | $52.4M | 10x | |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004333 | −0.142% | $785K | $2.0M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004335 | −0.092% | $449K | $611K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004333 | −0.138% | $77.0M | $164.2M | 75x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004345 | +0.127% | $26K | $179K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004333 | −0.138% | $42K | $53K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004338 | −0.023% | $22.9M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004334 | −0.115% | $17.1M | $19.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004334 | −0.115% | — | $12.7M | — | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004341 | +0.035% | $64K | $3.0M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004352 | +0.295% | $1.2M | $9.7M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004342 | +0.069% | $137K | $769K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004338 | −0.023% | $91K | $1.9M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004336 | −0.063% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004336 | −0.069% | $1K | $710K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004334 | −0.115% | $715 | $6K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004335 | −0.092% | $21K | $147K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004335 | −0.092% | $2.0M | $4.0M | 20x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004332 | −0.161% | $3.6M | $3.7M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004333 | −0.138% | $71K | $18K | 3x | as long as short |
| RISEx PUMP/USDC | +0.0125% | 1h | 0.004336 | −0.064% | $492K | $1.0M | 10x | as long as short |
| Phoenix PUMP | +0.0129% | 1h | 0.004348 | +0.217% | $39K | $99K | 10x | as long as short |
| Coinbase International PUMP-PERP-INTXshort | +0.0240% | 1h | 0.004343 | +0.092% | $659K | $5.4M | 50x | |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0307% / S −0.0225% | 1h | 0.004335 | −0.092% | $67K | — | 100x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004334 | −0.115% | $3.4M | $3.7M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004332 | −0.153% | $2 | — | 3x | as long as short |
| Aftermath Perps PUMPUSD | +0.0345% | 1h | 0.004338 | −0.028% | $180 | $106K | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0521% | 1h | 0.004324 | −0.346% | $38K | $207K | 12x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0684% | 1h | 0.004341 | +0.046% | $1.3M | $3.5M | 50x | as long as short |
Popdex PUMPUSDT
Paradex PUMP-USD-PERP
Nado PUMP-PERP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
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
GMX PUMP/USD [WBTC.b-USDC]
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Aftermath Perps PUMPUSD
Injective PUMP/USDC PERP
Kraken Futures PF_PUMPUSD