PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1238%/8h= −135.6% APRnext payment −$1.55 per $10,000 · paid last 24h −0.304%

Price spread now: Nado against Kraken Futures−0.170%46s7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$450.450% of the position

Long on Kraken Futures Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.437%−$44 on $10k

Price spread, last 4 days (all we have)+0.208%+$21 · spread now −0.170%, 7d avg −0.063%

Together, before fees−0.229%+ Points / potential airdropNado: Active · farm board−$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Nado is 0.107% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.063%). Swap the legs. The two prices were read 46 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	Kraken Futures PF_PUMPUSD	0.004470	0.1338	pay 0.0167% / 1h	14m 28s	$1.1M	$3.3M	50x
Short	Nado PUMP-PERP	0.004462	0.0100	get 0.0012% / 1h	14m 28s	$1.7M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee NadobpOrdersPrice spread, now −0.170%Rate

Funding earned: −$260.05
Price spread: −0.170% → −0.063%: −$10.73
Slippage, 4 orders: −$28.01
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$315.79
Costs to cover: 0.450%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; Nado: live order book, 4 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, 4 min ago	3.34 bp	17.9 bp −$18	33.0 bp −$330	doesn't fit	doesn't fit
Sell Nado live order book, 4 min ago	1.11 bp	7.8 bp −$8	21.6 bp −$216	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
Perpl PUMP	−0.0112%	43m	0.004462	−0.181%	$18K	$230K	20x	as long as short
dYdX PUMP-USD	−0.0008%	1h	0.004466	−0.089%	$20K	$9K	5x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004462	−0.184%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004466	−0.092%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.568%	$31K	$792K	20x	as long as short
Orderly PERP_PUMP_USDC	+0.0099%	4h	0.004468	−0.047%	$42K	$10K	10x	as long as short
Nado PUMP-PERPshort	+0.0100%	1h	0.004462	−0.170%	$1.7M	$2.0M	10x
Aster PUMPUSDT	+0.0100%	4h	0.004466	−0.092%	$703K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004465	−0.114%	$488K	$783K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004465	−0.106%	$81.2M	$170.6M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004462	−0.181%	$24.3M	$98.2M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004463	−0.154%	$37K	$191K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004468	−0.047%	$61K	$86K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004464	−0.137%	$4.9M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004467	−0.069%	$23.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004464	−0.137%	$17.7M	$20.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004464	−0.137%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004467	−0.076%	$792K	$189K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004478	+0.180%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004474	+0.082%	$1.2M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004479	+0.199%	$149K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004467	−0.069%	$107K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004467	−0.067%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004468	−0.047%	$2K	$755K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004468	−0.047%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004457	−0.293%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004468	−0.047%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004467	−0.077%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004468	−0.047%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004467	−0.069%	$60K	—	100x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0198%	1h	0.004469	−0.025%	$71K	$124K	25x	as long as short
Extended PUMP-USD	+0.0264%	1h	0.004465	−0.107%	$3.9M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004468	−0.047%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004476	+0.130%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004467	−0.069%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004463	−0.165%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004468	−0.047%	$712K	$6.0M	50x	as long as short
Hyperliquid PUMP	+0.0494%	1h	0.004470	−0.002%	$167.2M	$55.9M	10x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004469	−0.036%	$531K	$994K	10x	as long as short
Aftermath Perps PUMPUSD	+0.0872%	1h	0.004471	+0.022%	$590	$117K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004455	−0.338%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSDlong	+0.1338%	1h	0.004470	long leg	$1.1M	$3.3M	50x