PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.1136%/8h= −124.4% APRnext payment −$1.42 per $10,000 · paid last 24h −0.295%

Price spread now: Pacifica against Kraken Futures−0.315%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$650.654% of the position

Long on Kraken Futures Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.414%−$41 on $10k

Price spread, last 3 days (all we have)+0.242%+$24 · spread now −0.315%, 7d avg −0.048%

Together, before fees−0.172%+ Points / potential airdropPacifica: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and Pacifica is 0.267% cheaper against Kraken Futures than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.048%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.414% in total (about -21.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.42 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	0.004503	0.1236	pay 0.0154% / 1h	7m 50s	$1.3M	$3.1M	50x
Short	Pacifica PUMP	0.004489	0.0100	get 0.0013% / 1h	7m 50s	$523K	$717K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.315%Rate

Funding earned: −$238.5
Price spread: −0.315% → −0.048%: −$26.73
Slippage, 4 orders: −$47.39
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$330.62
Costs to cover: 0.654%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 1 min ago; Pacifica: live order book, 61 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, 1 min ago	6.67 bp	21.6 bp −$22	34.1 bp −$341	doesn't fit	doesn't fit
Sell Pacifica live order book, 61 min ago	3.36 bp	11.6 bp −$12	doesn't fit	doesn't fit	doesn't fit

PUMP on 41 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	−0.4506%	1h	0.004479	−0.535%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004487	−0.360%	$18K	$213K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004500	−0.071%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004499	−0.088%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0085%	4h	0.004501	−0.049%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004499	−0.093%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.292%	$30K	$779K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004496	−0.152%	$697K	$2.4M	50x	as long as short
Pacifica PUMPshort	+0.0100%	1h	0.004489	−0.315%	$523K	$717K	10x
Binance PUMPUSDT	+0.0100%	4h	0.004500	−0.071%	$82.2M	$168.0M	75x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004498	−0.116%	$24.4M	$99.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004489	−0.313%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004489	−0.315%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004496	−0.160%	$4.9M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004501	−0.049%	$23.9M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004497	−0.138%	$17.7M	$19.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004494	−0.204%	—	$13.0M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004498	−0.109%	$800K	$186K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004501	−0.048%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004501	−0.048%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004504	+0.018%	$150K	$753K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004495	−0.171%	$1.7M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004495	−0.182%	$99K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004500	−0.077%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004494	−0.204%	$2K	$745K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004500	−0.071%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004480	−0.515%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004499	−0.093%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004490	−0.295%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004497	−0.138%	$72K	$8K	3x	as long as short
Extended PUMP-USD	+0.0216%	1h	0.004498	−0.105%	$3.8M	$4.3M	50x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004502	−0.027%	$43K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004494	−0.204%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004491	−0.260%	$530K	$1.0M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004495	−0.188%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0364% / S −0.0295%	1h	0.004499	−0.093%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004504	+0.018%	$716K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004511	+0.173%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0735%	1h	0.004506	+0.062%	$168.9M	$55.3M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0861%	1h	0.004495	−0.173%	$594	$112K	10x	as long as short
Kraken Futures PF_PUMPUSDlong	+0.1236%	1h	0.004503	long leg	$1.3M	$3.1M	50x