Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0762%/8h= +83.4% APRnext payment +$0.95 per $10,000 · paid last 24h +0.280%
Price spread now: Kraken Futures against Pacifica+0.149%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$540.544% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.388%+$39 on $10k
Price spread, last 3 days (all we have)−0.054%−$5 · spread now +0.149%, 7d avg +0.048%
Together, before fees+0.334%+ Points / potential airdropPacifica: Active · farm board+$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Kraken Futures is 0.101% dearer against Pacifica than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.048%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.388% in total (about 20.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PUMP0.0043760.0100pay 0.0013% / 1h9m 14s$458K$604K10x
ShortKraken Futures PF_PUMPUSD0.0043830.0862get 0.0108% / 1h9m 14s$1.3M$3.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Pacifica. 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

Funding earned
$160.01
Price spread: +0.149% → +0.048%
$10.11
Slippage, 4 orders
−$36.35
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$115.76
Costs to cover
0.544%
Break-even
1.9 days
Slippage from Pacifica: live order book, 5 min ago; Kraken Futures: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 5 min ago2.29 bp10.1 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 5 min ago4.57 bp13.3 bp −$1333.6 bp −$336515.5 bp −$51.6Kdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.0050%1h0.004379+0.069%$20K$9K5xas long as short
Perpl PUMP0.0000%43m0.0043760.000%$18K$207K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004380+0.091%$70K$125K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004378+0.037%$55K150xas long as short
OKX PUMP-USDT-SWAP+0.0014%4h0.004379+0.069%$22.9M$97.3M50xas long as short
Orderly PERP_PUMP_USDC+0.0024%4h0.004377+0.023%$41K$10K10xas long as short
Lighter PUMP+0.0096%1h0.004378+0.046%$2.9M$5.5M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004300−1.737%$31K$772K20xas long as short
Paradex PUMP-USD-PERP+0.0100%8h0.004373−0.059%$42K5xas long as short
Nado PUMP-PERP+0.0100%1h0.004373−0.057%$1.6M$2.0M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PUMPUSDT+0.0100%4h0.0043760.000%$726K$2.3M50xas long as short
Pacifica PUMPlong+0.0100%1h0.004376long leg$458K$604K10x
Binance PUMPUSDT+0.0100%4h0.004377+0.023%$78.2M$164.6M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004374−0.043%$26K$165K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004374−0.046%$42K$53K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004373−0.069%$4.7M$11.5M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004380+0.091%$23.3M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004378+0.046%$17.5M$19.2M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004377+0.023%$12.9Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004378+0.039%$780K$182K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004372−0.091%$64K$3.0M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004364−0.275%$1.2M$10.0M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004374−0.046%$138K$763K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004378+0.046%$96K$1.9M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004379+0.068%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004379+0.069%$2K$721K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004377+0.023%$276$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004372−0.091%$21K$137K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004377+0.023%$2.0M$4.0M20xas long as short
Extended PUMP-USD+0.0104%1h0.004377+0.015%$3.6M$3.6M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004378+0.046%$72K$18K3xas long as short
Hyperliquid PUMP+0.0146%1h0.004380+0.091%$161.0M$53.3M10xas long as short
Phoenix PUMP+0.0164%1h0.004380+0.103%$39K$100K10xas long as short
Injective PUMP/USDC PERP+0.0182%1h0.004382+0.137%$39K$207K12xas long as short
RISEx PUMP/USDC+0.0194%1h0.004376−0.006%$489K$1.0M10xas long as short
01 Exchange PUMPUSD+0.0208%1h0.0043760.000%$6K$83010xas long as short
Coinbase International PUMP-PERP-INTX+0.0312%1h0.004381+0.114%$694K$5.5M50xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0329% / S −0.0259%1h0.004377+0.023%$71K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004379+0.069%$3.5M$4.1M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004375−0.025%$23xas long as short
Aftermath Perps PUMPUSD+0.0479%1h0.004374−0.056%$382$106K10xas long as short
Kraken Futures PF_PUMPUSDshort+0.0862%1h0.004383+0.149%$1.3M$3.5M50x