Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0264%/8h= −28.9% APRpaid last 24h −0.010%
Price spread now: KuCoin against Hyperliquid0.000%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$580.579% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 7 days−0.049%−$5 · spread now 0.000%, 7d avg +0.007%
Together, before fees−0.024%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.026% in total (about 1.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid PUMP0.0043620.0364pay 0.0046% / 1h34m 43s$160.6M$53.0M10x
ShortKuCoin PUMPUSDTM0.0043620.0100get 0.0050% / 4h34m 43s$23.3M$13.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Hyperliquid. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$55.47
Price spread: 0.000% → +0.007%
−$0.66
Slippage, 4 orders
−$36.91
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$114.03
Costs to cover
0.579%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago2.28 bp8.8 bp −$920.5 bp −$205doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago1.14 bp20.6 bp −$2153.0 bp −$530doesn't fitdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PUMP-USDT-SWAP−0.0006%4h0.004360−0.046%$22.8M$96.5M50xas long as short
dYdX PUMP-USD−0.0005%1h0.004361−0.023%$20K$9K5xas long as short
Perpl PUMP0.0000%43m0.004375+0.298%$18K$203K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004374+0.275%$69K$126K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004377+0.344%$55K150xas long as short
Orderly PERP_PUMP_USDC+0.0011%4h0.004373+0.252%$41K$10K10xas long as short
Lighter PUMP+0.0096%1h0.004359−0.069%$2.9M$5.5M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004300−1.421%$26K$767K20xas long as short
Paradex PUMP-USD-PERP+0.0100%8h0.004360−0.040%$42K5xas long as short
Nado PUMP-PERP+0.0100%1h0.004376+0.309%$1.6M$2.0M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PUMPUSDT+0.0100%4h0.004356−0.138%$728K$2.3M50xas long as short
Pacifica PUMP+0.0100%1h0.004360−0.046%$456K$601K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004359−0.059%$77.7M$163.9M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004373+0.250%$26K$169K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004360−0.046%$42K$53K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004360−0.046%$4.7M$11.5M75xas long as short
KuCoin PUMPUSDTMshort+0.0100%4h0.0043620.000%$23.3M$13.9M50x
Bitget PUMPUSDT+0.0100%4h0.004360−0.046%$17.3M$19.1M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004354−0.183%$12.8Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004373+0.261%$779K$181K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004375+0.309%$64K$3.0M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004376+0.326%$1.2M$9.8M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004378+0.367%$138K$764K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004379+0.390%$97K$1.9M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004375+0.292%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004377+0.344%$1K$717K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004373+0.252%$281$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004375+0.298%$22K$135K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004372+0.229%$2.0M$4.0M20xas long as short
Extended PUMP-USD+0.0104%1h0.004361−0.028%$3.6M$3.8M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004371+0.206%$72K$18K3xas long as short
Phoenix PUMP+0.0164%1h0.004380+0.408%$39K$100K10xas long as short
Injective PUMP/USDC PERP+0.0182%1h0.004381+0.436%$39K$207K12xas long as short
RISEx PUMP/USDC+0.0194%1h0.004378+0.355%$486K$1.0M10xas long as short
01 Exchange PUMPUSD+0.0240%1h0.004379+0.390%$6K$83010xas long as short
Coinbase International PUMP-PERP-INTX+0.0312%1h0.004382+0.459%$690K$5.5M50xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0320% / S −0.0242%1h0.004376+0.321%$69K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004372+0.229%$3.5M$4.0M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004375+0.297%$23xas long as short
Hyperliquid PUMPlong+0.0364%1h0.004362long leg$160.6M$53.0M10x
Aftermath Perps PUMPUSD+0.0467%1h0.004381+0.433%$182$105K10xas long as short
Kraken Futures PF_PUMPUSD+0.0863%1h0.004379+0.394%$1.3M$3.5M50xas long as short