Funding you earn now, next payment 00:00 UTC+0.0275%/8h= +30.1% APRpaid last 24h +0.010%
Price spread now: Hyperliquid against KuCoin+0.275%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$580.579% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 7 days−0.225%−$23 · spread now +0.275%, 7d avg −0.007%
=Together, before fees−0.251%+ Points / potential airdropHyperliquid: Season 2 · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hyperliquid is 0.281% dearer against KuCoin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.007%.
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin PUMPUSDTM | 0.004367 | 0.0100 | pay 0.0050% / 4h | 34m 54s | $23.3M | $13.9M | 50x |
| Short | Hyperliquid PUMP | 0.004379 | 0.0375 | get 0.0047% / 1h | 34m 54s | $161.3M | $52.5M | 10x |
KuCoin PUMPUSDTM
Hyperliquid PUMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against KuCoin. 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
- $57.76
- Price spread: +0.275% → −0.007%
- $28.14
- Slippage, 4 orders
- −$36.91
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $27.99
- Costs to cover
- 0.579%
- Break-even
- 3.6 days
Slippage from KuCoin: live order book, 4 min ago; Hyperliquid: live order book, 9 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 KuCoin live order book, 4 min ago | 1.14 bp | 19.7 bp −$20 | 53.5 bp −$535 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 2.28 bp | 8.7 bp −$9 | 22.0 bp −$220 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PUMP-USDT-SWAP | −0.0006% | 4h | 0.004357 | −0.229% | $22.9M | $96.4M | 50x | as long as short |
| dYdX PUMP-USD | −0.0005% | 1h | 0.004376 | +0.212% | $20K | $9K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004375 | +0.183% | $18K | $203K | 20x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004374 | +0.160% | $69K | $126K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004377 | +0.229% | $55K | — | 150x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0011% | 4h | 0.004373 | +0.137% | $41K | $10K | 10x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004373 | +0.137% | $2.9M | $5.5M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004300 | −1.534% | $26K | $767K | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004375 | +0.173% | $42K | — | 5x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004376 | +0.195% | $1.6M | $2.0M | 10x | as long as short |
OKX PUMP-USDT-SWAP
dYdX PUMP-USD
Perpl PUMP
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Orderly PERP_PUMP_USDC
Lighter PUMP
Popdex PUMPUSDT
Paradex PUMP-USD-PERP
Nado PUMP-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster PUMPUSDT | +0.0100% | 4h | 0.004367 | +0.006% | $730K | $2.3M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004376 | +0.206% | $458K | $601K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004357 | −0.229% | $77.6M | $163.8M | 75x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004373 | +0.135% | $26K | $169K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004376 | +0.206% | $42K | $53K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004360 | −0.160% | $4.7M | $11.5M | 75x | as long as short |
| KuCoin PUMPUSDTMlong | +0.0100% | 4h | 0.004367 | long leg | $23.3M | $13.9M | 50x | |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004361 | −0.137% | $17.4M | $19.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004354 | −0.298% | — | $12.8M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004373 | +0.147% | $779K | $181K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004375 | +0.194% | $64K | $3.0M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004376 | +0.211% | $1.2M | $9.8M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004378 | +0.252% | $138K | $764K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004379 | +0.275% | $97K | $1.9M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004375 | +0.177% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004377 | +0.229% | $1K | $717K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004373 | +0.137% | $281 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004375 | +0.183% | $22K | $135K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004372 | +0.114% | $2.0M | $4.0M | 20x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004361 | −0.143% | $3.6M | $3.8M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004371 | +0.092% | $72K | $18K | 3x | as long as short |
| Phoenix PUMP | +0.0164% | 1h | 0.004380 | +0.293% | $39K | $100K | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0182% | 1h | 0.004381 | +0.321% | $39K | $207K | 12x | as long as short |
| RISEx PUMP/USDC | +0.0194% | 1h | 0.004378 | +0.240% | $486K | $1.0M | 10x | as long as short |
| 01 Exchange PUMPUSD | +0.0240% | 1h | 0.004379 | +0.275% | $6K | $830 | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0312% | 1h | 0.004382 | +0.343% | $690K | $5.5M | 50x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0320% / S −0.0242% | 1h | 0.004376 | +0.206% | $69K | — | 100x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004372 | +0.114% | $3.5M | $4.0M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004375 | +0.183% | $2 | — | 3x | as long as short |
| Hyperliquid PUMPshort | +0.0375% | 1h | 0.004379 | +0.275% | $161.3M | $52.5M | 10x | |
| Aftermath Perps PUMPUSD | +0.0467% | 1h | 0.004381 | +0.318% | $182 | $105K | 10x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0863% | 1h | 0.004379 | +0.279% | $1.3M | $3.5M | 50x | as long as short |
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Extended PUMP-USD
Aevo PUMP-PERP
Phoenix PUMP
Injective PUMP/USDC PERP
RISEx PUMP/USDC
01 Exchange PUMPUSD
Coinbase International PUMP-PERP-INTX
GMX PUMP/USD [WBTC.b-USDC]
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Aftermath Perps PUMPUSD
Kraken Futures PF_PUMPUSD