Funding you earn now, next payment 03:00 UTC−0.1240%/8h= −135.8% APRnext payment −$1.55 per $10,000 · paid last 24h −0.304%
Price spread now: ApeX Omni against Kraken Futures+0.641%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs+$2as in the Price arb table
costs, in and out, $10k−$620.623% of the position
Funding, last 7 days−0.256%−$26 on $10k
+Price spread, last 4 days (all we have)−0.207%−$21 · spread now +0.641%, 7d avg −0.004%
=The price spread pays, funding is against you. ApeX Omni is 0.645% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.641% now, against its 7-day average of −0.004%): +$65 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.256% in total) that is about 18 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.256% in total (about -13.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.55 per $10,000. 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 | Kraken Futures PF_PUMPUSD | 0.004465 | 0.1340 | pay 0.0167% / 1h | 38m 44s | $1.1M | $3.3M | 50x |
| Short | ApeX Omni PUMPUSDT | 0.004494 | 0.0100 | get 0.0013% / 1h | 38m 44s | $150K | $751K | 50x |
Kraken Futures PF_PUMPUSD
ApeX Omni PUMPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- −$260.35
- Price spread: +0.641% → −0.004%
- $64.52
- Slippage, 4 orders
- −$42.29
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$258.12
- Costs to cover
- 0.623%
- Break-even
- from the start
Slippage from Kraken Futures: live order book, 5 min ago; ApeX Omni: live order book, 25 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 Kraken Futures live order book, 5 min ago | 5.56 bp | 19.1 bp −$19 | 47.2 bp −$472 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 25 min ago | 5.56 bp | 13.4 bp −$13 | 88.3 bp −$883 | 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 | 0.0000% | 1h | 0.004474 | +0.194% | $20K | $9K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004461 | −0.098% | $18K | $225K | 20x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004462 | −0.075% | $71K | $124K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004462 | −0.068% | $53K | — | 150x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0094% | 4h | 0.004461 | −0.098% | $42K | $10K | 10x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004473 | +0.171% | $2.9M | $5.4M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −1.464% | $27K | $782K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004464 | −0.019% | $1.7M | $2.0M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004467 | +0.045% | $702K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004473 | +0.171% | $521K | $736K | 10x | as long as short |
dYdX PUMP-USD
Perpl PUMP
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Orderly PERP_PUMP_USDC
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 | 0.004471 | +0.137% | $81.7M | $169.9M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004471 | +0.126% | $24.3M | $99.0M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004493 | +0.612% | $32K | $186K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004465 | −0.008% | $41K | $66K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004463 | −0.053% | $5.0M | $11.2M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004471 | +0.126% | $23.8M | $14.0M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004472 | +0.149% | $17.7M | $19.9M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004469 | +0.082% | — | $12.9M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004462 | −0.077% | $793K | $188K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004477 | +0.257% | $65K | $3.1M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004493 | +0.628% | $1.2M | $10.5M | 10x | as long as short |
| ApeX Omni PUMPUSDTshort | +0.0100% | 1h | 0.004494 | +0.641% | $150K | $751K | 50x | |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004468 | +0.059% | $107K | $2.1M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004463 | −0.060% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004461 | −0.098% | $1K | $751K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004461 | −0.098% | $280 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004465 | −0.008% | $21K | $120K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004464 | −0.030% | $2.0M | $3.9M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004473 | +0.165% | $42K | $276 | 5x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004458 | −0.165% | $71K | $11K | 3x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0230% / S −0.0083% | 1h | 0.004461 | −0.098% | $60K | — | 100x | as long as short |
| Extended PUMP-USD | +0.0272% | 1h | 0.004466 | +0.020% | $3.8M | $4.2M | 50x | as long as short |
| 01 Exchange PUMPUSD | +0.0296% | 1h | 0.004468 | +0.059% | $6K | $727 | 10x | as long as short |
| Phoenix PUMP | +0.0321% | 1h | 0.004482 | +0.382% | $43K | $103K | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004462 | −0.075% | $3.7M | $4.6M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004463 | −0.059% | $2 | — | 3x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0448% | 1h | 0.004475 | +0.216% | $697K | $5.9M | 50x | as long as short |
| RISEx PUMP/USDC | +0.0544% | 1h | 0.004468 | +0.070% | $531K | $989K | 10x | as long as short |
| Hyperliquid PUMP | +0.0621% | 1h | 0.004478 | +0.283% | $167.5M | $55.8M | 10x | as long as short |
| Aftermath Perps PUMPUSD | +0.0863% | 1h | 0.004490 | +0.555% | $598 | $116K | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0880% | 1h | 0.004478 | +0.283% | $39K | $204K | 12x | as long as short |
| Kraken Futures PF_PUMPUSDlong | +0.1340% | 1h | 0.004465 | long leg | $1.1M | $3.3M | 50x |
Binance PUMPUSDT
OKX PUMP-USDT-SWAP
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
Polymarket Perps PUMP-USD
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
Hyperliquid PUMP
Aftermath Perps PUMPUSD
Injective PUMP/USDC PERP