PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0295%/8h= −32.3% APRnext payment −$0.37 per $10,000 · paid last 24h +0.144%

Price spread now: Kraken Futures against Aftermath Perps−0.196%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$970.970% of the position

Long on Aftermath Perps Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.049%+$5 on $10k

Price spread, last 4 days (all we have)−0.144%−$14 · spread now −0.196%, 7d avg −0.012%

Together, before fees−0.094%−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Kraken Futures is 0.184% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.012%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.049% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.37 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	Aftermath Perps PUMPUSD	0.004582	0.0960	pay 0.0120% / 1h	58m 11s	$507	$103K	10x
Short	Kraken Futures PF_PUMPUSD	0.004573	0.0664	get 0.0083% / 1h	58m 11s	$1.1M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aftermath Perps. 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee Kraken FuturesbpOrdersPrice spread, now −0.196%Rate

Funding earned: −$62.01
Price spread: −0.196% → −0.012%: −$18.4
Slippage, 4 orders: −$77.98
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$177.38
Costs to cover: 0.970%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 36 min ago; Kraken Futures: live order book, 1 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 Aftermath Perps live order book, 36 min ago	5.08 bp	27.6 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 1 min ago	3.28 bp	17.1 bp −$17	25.8 bp −$258	317.8 bp −$31.8K	doesn't fit

PUMP on 41 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	−0.8483%	1h	0.004571	−0.237%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004573	−0.189%	$18K	$258K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0003%	1h	0.004583	+0.023%	$61K	—	150x	as long as short
Gate PUMP_USDT	+0.0048%	4h	0.004569	−0.276%	$4.9M	$9.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004572	−0.210%	$3.0M	$2.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.782%	$30K	$670K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004566	−0.341%	$862K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004573	−0.189%	$520K	$860K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004569	−0.276%	$83.3M	$175.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004565	−0.363%	$25.2M	$102.9M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004572	−0.215%	$27K	$154K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004577	−0.101%	$51K	$152K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004574	−0.167%	$25.1M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004570	−0.254%	$18.1M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004570	−0.254%	—	$14.5M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004577	−0.093%	$820K	$209K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004579	−0.050%	$67K	$3.3M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004577	−0.101%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004580	−0.036%	$163K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004577	−0.101%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004571	−0.232%	$43K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004570	−0.254%	$2K	$785K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004569	−0.276%	$249	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004570	−0.254%	$22K	$126K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004569	−0.276%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004574	−0.163%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004569	−0.270%	$3.9M	$4.0M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004570	−0.254%	$68K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0130%	1h	0.004578	−0.079%	$170.4M	$49.8M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0188%	1h	0.004572	−0.210%	$70K	$109K	25x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004578	−0.079%	$6K	$600	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004576	−0.123%	$66K	—	100x	as long as short
Nado PUMP-PERP	+0.0331%	1h	0.004574	−0.156%	$1.7M	$2.1M	10x	as long as short
Phoenix PUMP	+0.0332%	1h	0.004587	+0.119%	$45K	$141K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004574	−0.167%	$3.8M	$4.8M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004576	−0.131%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0552%	1h	0.004579	−0.058%	$745K	$6.2M	50x	as long as short
Kraken Futures PF_PUMPUSDshort	+0.0664%	1h	0.004573	−0.196%	$1.1M	$3.5M	50x
RISEx PUMP/USDC	+0.0683%	1h	0.004577	−0.097%	$589K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSDlong	+0.0960%	1h	0.004582	long leg	$507	$103K	10x
Injective PUMP/USDC PERP	+0.0983%	1h	0.004582	+0.008%	$38K	$204K	12x	as long as short