Funding you earn now, next payment 00:00 UTC+0.0683%/8h= +74.8% APRnext payment +$0.85 per $10,000 · paid last 24h +0.256%
Price spread now: Kraken Futures against Phoenix+0.830%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Kraken Futures is 0.830% dearer against Phoenix than usual: you sell high and buy low: +$83 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.142% in total (about 7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.85 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 | Phoenix PUMP | 0.004435 | 0.0237 | pay 0.0030% / 1h | 17m 16s | $40K | $99K | 10x |
| Short | Kraken Futures PF_PUMPUSD | 0.004471 | 0.0920 | get 0.0115% / 1h | 17m 16s | $1.3M | $3.5M | 50x |
Phoenix PUMP
Kraken Futures PF_PUMPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Phoenix. 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
- $143.37
- Price spread: +0.830% → 0.000%
- $82.97
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $209.34
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; Kraken Futures: live order book, 2 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 2 min ago | 6.77 bp | 16.8 bp −$17 | 30.1 bp −$301 | 229.0 bp −$22.9K | doesn't fit |
Phoenix: 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 | −0.0042% | 1h | 0.004469 | +0.776% | $20K | $9K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004468 | +0.751% | $18K | $204K | 20x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004466 | +0.706% | $71K | $124K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0002% | 1h | 0.004465 | +0.686% | $56K | — | 150x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0053% | 4h | 0.004466 | +0.706% | $42K | $10K | 10x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0083% | 4h | 0.004465 | +0.683% | $23.5M | $98.7M | 50x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004468 | +0.751% | $3.0M | $5.4M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −0.782% | $28K | $777K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004468 | +0.762% | $1.7M | $2.0M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004467 | +0.736% | $726K | $2.3M | 50x | as long as short |
dYdX PUMP-USD
Perpl PUMP
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Orderly PERP_PUMP_USDC
OKX PUMP-USDT-SWAP
Lighter PUMP
Popdex PUMPUSDT
Nado PUMP-PERP
Aster PUMPUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica PUMP | +0.0100% | 1h | 0.004461 | +0.593% | $475K | $627K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004469 | +0.764% | $80.3M | $164.0M | 75x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004458 | +0.521% | $26K | $169K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004471 | +0.819% | $43K | $52K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004467 | +0.728% | $4.8M | $10.6M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004471 | +0.819% | $23.7M | $13.8M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004467 | +0.728% | $17.9M | $19.2M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004465 | +0.683% | — | $12.8M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004452 | +0.401% | $793K | $172K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004439 | +0.088% | $65K | $3.0M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004438 | +0.083% | $1.2M | $10.4M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004440 | +0.120% | $140K | $759K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004472 | +0.841% | $107K | $1.9M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004466 | +0.705% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004467 | +0.728% | $2K | $725K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004466 | +0.706% | $280 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004464 | +0.661% | $21K | $135K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004469 | +0.773% | $2.0M | $4.0M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004468 | +0.742% | $42K | $276 | 5x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004466 | +0.696% | $3.7M | $3.6M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004462 | +0.616% | $71K | $12K | 3x | as long as short |
| 01 Exchange PUMPUSD | +0.0216% | 1h | 0.004467 | +0.728% | $6K | $830 | 10x | as long as short |
| Phoenix PUMPlong | +0.0237% | 1h | 0.004435 | long leg | $40K | $99K | 10x | |
| RISEx PUMP/USDC | +0.0297% | 1h | 0.004471 | +0.822% | $488K | $1.0M | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004465 | +0.683% | $3.6M | $4.5M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004465 | +0.679% | $2 | — | 3x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0352% | 1h | 0.004470 | +0.796% | $742K | $5.7M | 50x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0352% / S −0.0290% | 1h | 0.004465 | +0.683% | $74K | — | 100x | as long as short |
| Injective PUMP/USDC PERP | +0.0480% | 1h | 0.004476 | +0.931% | $39K | $204K | 12x | as long as short |
| Hyperliquid PUMP | +0.0508% | 1h | 0.004475 | +0.909% | $165.3M | $54.2M | 10x | as long as short |
| Aftermath Perps PUMPUSD | +0.0687% | 1h | 0.004444 | +0.206% | $388 | $109K | 10x | as long as short |
| Kraken Futures PF_PUMPUSDshort | +0.0920% | 1h | 0.004471 | +0.830% | $1.3M | $3.5M | 50x |
Pacifica PUMP
Binance PUMPUSDT
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
KuCoin PUMPUSDTM
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
Paradex PUMP-USD-PERP
Extended PUMP-USD
Aevo PUMP-PERP
01 Exchange PUMPUSD
RISEx PUMP/USDC
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Coinbase International PUMP-PERP-INTX
GMX PUMP/USD [WBTC.b-USDC]
Injective PUMP/USDC PERP
Hyperliquid PUMP
Aftermath Perps PUMPUSD