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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.1243%/8h= +136.1% APRpaid last 24h +0.304%
Price spread now: Kraken Futures against Bitget+0.054%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$630.628% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.248%+$25 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.054%, 7d avg +0.065%
Together, before fees+0.259%+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: +$37 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.248% in total (about 13.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PUMPUSDT0.0044510.0100pay 0.0050% / 4h1h 10m$17.7M$20.0M75x
ShortKraken Futures PF_PUMPUSD0.0044530.1343get 0.0168% / 1h10m 51s$1.1M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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
$261.1
Price spread: +0.054% → +0.065%
−$1.05
Slippage, 4 orders
−$40.77
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$197.28
Costs to cover
0.628%
Break-even
1.7 days
Slippage from Bitget: live order book, 3 min ago; Kraken Futures: live order book, 3 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 Bitget live order book, 3 min ago2.24 bp11.8 bp −$1222.4 bp −$224doesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago3.36 bp17.7 bp −$1833.6 bp −$336275.5 bp −$27.6Kdoesn'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
Perpl PUMP−0.0112%43m0.004448−0.067%$18K$230K20xas long as short
dYdX PUMP-USD−0.0008%1h0.004453+0.047%$20K$9K5xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004452+0.022%$71K$124K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004451+0.009%$54K150xas long as short
Lighter PUMP+0.0096%1h0.004453+0.045%$2.8M$5.5M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−1.146%$31K$789K20xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004450−0.022%$42K$10K10xas long as short
Aster PUMPUSDT+0.0100%4h0.004450−0.033%$700K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004452+0.022%$487K$783K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004451+0.006%$80.9M$170.6M75xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PUMP-USDT-SWAP+0.0100%4h0.004449−0.045%$24.3M$97.9M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004449−0.045%$37K$190K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004454+0.067%$60K$86K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004450−0.022%$4.9M$11.3M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004455+0.090%$23.7M$13.9M50xas long as short
Bitget PUMPUSDTlong+0.0100%4h0.004451long leg$17.7M$20.0M75x
BingX PUMP-USDT+0.0100%4h0.004450−0.022%$12.9Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004450−0.029%$789K$189K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004461+0.215%$65K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004458+0.157%$1.2M$10.6M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004462+0.247%$149K$751K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004454+0.067%$107K$2.1M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004451−0.001%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004452+0.022%$2K$755K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.0044510.000%$279$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004445−0.135%$21K$118K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004455+0.090%$2.0M$4.0M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004452+0.011%$42K$2765xas long as short
Nado PUMP-PERP+0.0103%1h0.004452+0.034%$1.7M$2.0M10xas long as short
Aevo PUMP-PERP+0.0104%1h0.004448−0.067%$71K$11K3xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0191% / S −0.0050%1h0.004449−0.045%$60K100xas long as short
Extended PUMP-USD+0.0264%1h0.004449−0.037%$3.9M$4.3M50xas long as short
01 Exchange PUMPUSD+0.0288%1h0.004455+0.090%$6K$72710xas long as short
Phoenix PUMP+0.0321%1h0.004468+0.382%$43K$103K10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004450−0.022%$3.7M$4.5M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004450−0.029%$23xas long as short
Coinbase International PUMP-PERP-INTX+0.0448%1h0.004454+0.067%$697K$5.9M50xas long as short
Hyperliquid PUMP+0.0482%1h0.004457+0.135%$166.7M$55.9M10xas long as short
RISEx PUMP/USDC+0.0544%1h0.004455+0.079%$530K$998K10xas long as short
Aftermath Perps PUMPUSD+0.0879%1h0.004464+0.303%$590$117K10xas long as short
Injective PUMP/USDC PERP+0.0880%1h0.004455+0.090%$39K$204K12xas long as short
Kraken Futures PF_PUMPUSDshort+0.1343%1h0.004453+0.054%$1.1M$3.3M50x