Funding you earn now, next payment 06:00 UTC−0.0472%/8h= −51.7% APRpaid last 24h −0.036%
Price spread now: HTX against Hyperliquid−0.067%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2172.166% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.067%, 7d avg −0.125%
=Together, before fees−0.012%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.058% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.067% now, against its 7-day average of −0.125%): +$6 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.003% in total) that is about 5 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.1% 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 | 0.004489 | 0.0572 | pay 0.0072% / 1h | 43m 50s | $168.4M | $48.4M | 10x |
| Short | HTX PUMP-USDT | 0.004486 | 0.0100 | get 0.0050% / 4h | 2h 43m | $21K | $93K | 20x |
Hyperliquid PUMP
HTX PUMP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$99.19
- Price spread: −0.067% → −0.125%
- $5.78
- Slippage, 4 orders
- −$195.57
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$309.98
- Costs to cover
- 2.166%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; HTX: live order book, 67 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, 10 min ago | 1.12 bp | 10.3 bp −$10 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell HTX live order book, 67 min ago | 19.16 bp | 141.4 bp −$141 | doesn't fit | 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 | −0.0017% | 1h | 0.004490 | +0.027% | $21K | $11K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004494 | +0.111% | $18K | $237K | 20x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004494 | +0.111% | $70K | $115K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004494 | +0.121% | $55K | — | 150x | as long as short |
| Gate PUMP_USDT | +0.0044% | 4h | 0.004478 | −0.245% | $5.0M | $10.3M | 75x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004482 | −0.156% | $2.9M | $4.6M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −1.983% | $28K | $617K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004494 | +0.123% | $1.6M | $2.0M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004479 | −0.221% | $716K | $2.1M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004494 | +0.111% | $538K | $761K | 10x | as long as short |
dYdX PUMP-USD
Perpl PUMP
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Gate PUMP_USDT
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 | 0.004479 | −0.221% | $81.7M | $163.8M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004477 | −0.267% | $24.6M | $94.2M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004498 | +0.209% | $32K | $168K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004496 | +0.156% | $65K | $101K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004484 | −0.111% | $24.0M | $13.6M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004481 | −0.178% | $17.8M | $18.5M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004477 | −0.267% | — | $13.7M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004492 | +0.069% | $805K | $201K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004495 | +0.138% | $66K | $3.2M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004504 | +0.335% | $1.3M | $10.1M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004499 | +0.223% | $152K | $746K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004498 | +0.200% | $111K | $2.1M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004493 | +0.089% | $42K | $11K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004493 | +0.080% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004493 | +0.089% | $2K | $735K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004492 | +0.067% | $282 | $7K | 10x | as long as short |
| HTX PUMP-USDTshort | +0.0100% | 4h | 0.004486 | −0.067% | $21K | $93K | 20x | |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004493 | +0.089% | $2.0M | $3.9M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0103% | 8h | 0.004498 | +0.206% | $43K | $276 | 5x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004490 | +0.022% | $67K | $10K | 3x | as long as short |
| Extended PUMP-USD | +0.0144% | 1h | 0.004480 | −0.194% | $3.8M | $3.7M | 50x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0272% / S −0.0200% | 1h | 0.004493 | +0.089% | $54K | — | 100x | as long as short |
| 01 Exchange PUMPUSD | +0.0320% | 1h | 0.004497 | +0.178% | $6K | $600 | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004490 | +0.022% | $3.7M | $4.5M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004495 | +0.129% | $2 | — | 3x | as long as short |
| Phoenix PUMP | +0.0356% | 1h | 0.004499 | +0.232% | $46K | $119K | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0480% | 1h | 0.004501 | +0.267% | $723K | $5.5M | 50x | as long as short |
| Injective PUMP/USDC PERP | +0.0571% | 1h | 0.004502 | +0.290% | $39K | $204K | 12x | as long as short |
| Hyperliquid PUMPlong | +0.0572% | 1h | 0.004489 | long leg | $168.4M | $48.4M | 10x | |
| RISEx PUMP/USDC | +0.0682% | 1h | 0.004498 | +0.200% | $534K | $1.0M | 10x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0815% | 1h | 0.004494 | +0.102% | $1.0M | $3.2M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.1091% | 1h | 0.004496 | +0.156% | $521 | $102K | 10x | as long as short |
Binance PUMPUSDT
OKX PUMP-USDT-SWAP
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
Orderly PERP_PUMP_USDC
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Aevo PUMP-PERP
Extended PUMP-USD
GMX PUMP/USD [WBTC.b-USDC]
01 Exchange PUMPUSD
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Phoenix PUMP
Coinbase International PUMP-PERP-INTX
Injective PUMP/USDC PERP
RISEx PUMP/USDC
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD