Funding you earn now, next payment 21:20 UTC+0.0798%/8h= +87.4% APRpaid last 24h +0.314%
Price spread now: Kraken Futures against Perpl+0.191%7-day average +0.069% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.394%+$39 on $10k
+Price spread, last 3 days (all we have)−0.172%−$17 · spread now +0.191%, 7d avg +0.069%
=Together, before fees+0.222%+ Points / potential airdropPerpl: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Kraken Futures is 0.122% dearer against Perpl than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.069%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.394% in total (about 20.5% 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 | Perpl PUMP | 0.004315 | −0.0112 | get 0.0010% / 43m | 32m 52s | $20K | $206K | 20x |
| Short | Kraken Futures PF_PUMPUSD | 0.004323 | 0.0687 | get 0.0086% / 1h | 2m 52s | $1.3M | $3.5M | 50x |
Perpl PUMP
Kraken Futures PF_PUMPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Perpl. 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
- $167.68
- Price spread: +0.191% → +0.069%
- $12.24
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $156.12
- Costs to cover
- 0.238%
- Break-even
- 0.5 days
Slippage unknown: Perpl: no order-book sample; Kraken Futures: live order book, 1 min ago. Net counts fees only.
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 Perpl no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 1 min ago | 3.47 bp | 11.1 bp −$11 | 26.9 bp −$269 | doesn't fit | doesn't fit |
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PUMP-USD | −0.5087% | 1h | 0.004314 | −0.030% | $20K | $8K | 5x | as long as short |
| Backpack PUMP_USDC_PERP | −0.0227% | 1h | 0.004318 | +0.079% | $770K | $183K | 5x | as long as short |
| Perpl PUMPlong | −0.0112% | 43m | 0.004315 | long leg | $20K | $206K | 20x | |
| OKX PUMP-USDT-SWAP | −0.0058% | 4h | 0.004321 | +0.139% | $22.6M | $95.6M | 50x | as long as short |
| Orderly PERP_PUMP_USDC | −0.0025% | 4h | 0.004317 | +0.046% | $41K | $10K | 10x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004319 | +0.093% | $69K | $126K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004316 | +0.030% | $54K | — | 150x | as long as short |
| Gate PUMP_USDT | +0.0060% | 4h | 0.004319 | +0.093% | $4.6M | $11.7M | 75x | as long as short |
| 01 Exchange PUMPUSD | +0.0080% | 1h | 0.004317 | +0.046% | $6K | $497 | 10x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004317 | +0.046% | $2.9M | $5.5M | 10x | as long as short |
dYdX PUMP-USD
Backpack PUMP_USDC_PERP
OKX PUMP-USDT-SWAP
Orderly PERP_PUMP_USDC
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Gate PUMP_USDT
01 Exchange PUMPUSD
Lighter PUMPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004300 | −0.348% | $29K | $767K | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004315 | 0.000% | $41K | — | 5x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004314 | −0.012% | $1.6M | $2.0M | 10x | as long as short |
| Hyperliquid PUMP | +0.0100% | 1h | 0.004324 | +0.209% | $158.3M | $52.5M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004317 | +0.040% | $778K | $2.0M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004315 | 0.000% | $447K | $607K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004320 | +0.114% | $76.7M | $163.9M | 75x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004308 | −0.165% | $25K | $178K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004315 | 0.000% | $42K | $53K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004322 | +0.162% | $22.8M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004320 | +0.116% | $17.1M | $19.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004318 | +0.070% | — | $12.7M | — | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004309 | −0.142% | $63K | $3.0M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004309 | −0.148% | $1.2M | $9.6M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004313 | −0.046% | $136K | $771K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004318 | +0.070% | $90K | $1.9M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004317 | +0.058% | $4K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004319 | +0.093% | $2K | $710K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004317 | +0.046% | $712 | $6K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004311 | −0.093% | $21K | $147K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004317 | +0.046% | $2.0M | $4.0M | 20x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004319 | +0.092% | $3.5M | $3.7M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004316 | +0.023% | $71K | $18K | 3x | as long as short |
| RISEx PUMP/USDC | +0.0125% | 1h | 0.004317 | +0.035% | $489K | $1.0M | 10x | as long as short |
| Phoenix PUMP | +0.0129% | 1h | 0.004314 | −0.025% | $39K | $99K | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0240% | 1h | 0.004312 | −0.070% | $654K | $5.4M | 50x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0308% / S −0.0226% | 1h | 0.004317 | +0.046% | $67K | — | 100x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004316 | +0.023% | $3.4M | $3.7M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004314 | −0.016% | $2 | — | 3x | as long as short |
| Aftermath Perps PUMPUSD | +0.0348% | 1h | 0.004318 | +0.079% | $180 | $106K | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0521% | 1h | 0.004324 | +0.209% | $38K | $207K | 12x | as long as short |
| Kraken Futures PF_PUMPUSDshort | +0.0687% | 1h | 0.004323 | +0.191% | $1.3M | $3.5M | 50x |
Popdex PUMPUSDT
Paradex PUMP-USD-PERP
Nado PUMP-PERP
Hyperliquid PUMP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
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
RISEx PUMP/USDC
Phoenix PUMP
Coinbase International PUMP-PERP-INTX
GMX PUMP/USD [WBTC.b-USDC]
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Aftermath Perps PUMPUSD
Injective PUMP/USDC PERP