PUMP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Kraken FuturesPF_PUMPUSD	0.004114	+0.0125	pay 0.0016% / 1h	5m 20s	$696K	$1.7M	50x	Long Kraken Futures
SHORT	Variational OmniPUMPFUN	0.004147	+0.0100	get 0.0050% / 4h	5m 20s	$4.1M	$908K	50x	Short Variational Omni+15% pts

Price gap+0.821%

Funding gap−0.0025% /8h

The gap pays +$92 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 4 months.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$10−0.0025% /8h now · paid +0.101% over the last 7D

Price+$92spread +0.821% now, avg −0.095% → +0.916% if it goes back

Costs−$570.569% of $10k · taker + slippage, in and out

Result+$45+0.45%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.821%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PUMP on 48 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size17.9 / 10.9 bp
At $10k entering Kraken Futures costs 17.9 bp, fee and slippage, 1.6× Variational Omni’s.
Note: Margin at max leverage$200 + $200
Kraken Futures 50x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$0.75Long Kraken Futures: 24 payments, −$3.75; short Variational Omni: 6 payments, +$3.00.
OK: Entry gap works for you+0.821% vs −0.095%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$696K vs $4.1M OI
Kraken Futures sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCKraken Futures Yes · Variational Omni No
Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0048%/8h × 21 periods+$10.07

Price spread+0.821% → −0.095% (7d avg)+$91.57

Slippage, 4 orderslive order books−$46.93

Fee Kraken Futures bp × 2 orders−$10.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k+$44.70

Costs to cover0.569%Break-evenfrom the start

Slippage: Kraken Futures: live order book, 3 min ago; Variational Omni: RFQ quote, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKraken Futures7.2817.9 bp−$1823.1 bp−$23164.4 bp−$6,437doesn’t fit

SELL · SHORTVariational Omni6.0410.9 bp−$1113.3 bp−$133doesn’t fitdoesn’t fit

Closing costs about the same again.

PUMP news

posts that mention PUMP, from every exchangeSearch all news →

10-23 09:05	Reya	Listing	new market PUMPRUSDPERP ($PUMP) seen by our collector
10-15 05:29	Derive	Listing	$PUMP options and perps are live on Derive. Block-size trades have already printed via RFQ. The order book is now just as tradeable, with deep liquidity on screen. @DeriveXYZ on X ↗
10-13 15:13	OKX	Other	Europe, your next X Drops club is here. near:native, $ZEC, $XRP, $ONDO, $ENA, $SUI, $TAO, $HYPE, $PUMP, $LIT and $ZRO are in, with 38,000 near:native up for grabs. Join the drop. @okx on X ↗
10-13 13:51	Ondo Perps	Listing	New crypto perps campaign. New users can get up to 75% of fees back on crypto trades. The more volume you trade, the higher your fee rebate: ▸ $10K+ volume → get 10% of fees back ▸ $50K+ → get 25% back ▸ $250K+ → get 50% back ▸ $1M+ → get 75% back Crypto perps included in the campaign: ▸ $BTC ▸ $ETH ▸ $ZEC ▸ $SOL ▸ $ENA ▸ $XRP ▸ $HYPE ▸ $PUMP ▸ $ONDO Running from October 13 at 9AM ET to October 20 at 9AM ET. Limited to users who sign up for Ondo Perps after the campaign starts. Rebates are capped at $500 per user. Trade now → @OndoPerps on X ↗
10-06 07:18	Bullet	Listing	By popular demand, $PUMP perps are now live on Bullet. 24/7. Up to 20x leverage. On @solana - at the speed of light. @Bulletxyz on X ↗
10-06 06:57	Bullet	Listing	new market PUMP-USD ($PUMP) seen by our collector