PUMP

Alert

Funding spread now, next payment 15:00 UTC+0.1634%/8h

next payment, per $10,000+$2.04paid, last 24h+0.180%paid, last 7 days+0.093%to open and close $10k−$58

Long on Hyperliquid Short on Kraken Futures

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 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	Hyperliquid PUMP	0.004402	0.0100	pay 0.0013% / 1h	4m 40s	$160.5M	$50.2M	10x
Short	Kraken Futures PF_PUMPUSD	0.004410	0.1734	get 0.0217% / 1h	4m 40s	$1.4M	$3.3M	50x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee Kraken FuturesbpOrdersRate

Funding earned: $343.24
Slippage, 4 orders: −$39.01
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $285.23
Break-even: 1.2 days

Slippage from Hyperliquid: live order book, 11 min ago; Kraken Futures: live order book, 1 min ago.

Price risk

price view

Price gap now: +0.192%
Avg gap 7d: −0.032%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 11 min ago	1.14 bp	10.3 bp −$10	22.8 bp −$228	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 1 min ago	11.34 bp	20.8 bp −$21	42.2 bp −$422	445.6 bp −$44.6K	doesn't fit

PUMP on 41 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective PUMP/USDC PERP	−0.1447%	1h	$46K	$136K	12x	as long as short
01 Exchange PUMPUSD	−0.0160%	1h	$6K	$5K	10x	as long as short
Aster PUMPUSDT	−0.0115%	4h	$771K	$2.6M	50x	as long as short
OKX PUMP-USDT-SWAP	−0.0068%	4h	$24.6M	$98.2M	50x	as long as short
dYdX PUMP-USD	−0.0028%	1h	$21K	$5K	5x	as long as short
Perpl PUMP	0.0000%	43m	$20K	$196K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	$71K	$135K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0012%	4h	$41K	$100K	10x	as long as short
Backpack PUMP_USDC_PERP	+0.0092%	1h	$791K	$161K	5x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter PUMP	+0.0096%	1h	$3.1M	$6.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	$28K	$821K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	$1.6M	$1.9M	10x	as long as short
Hyperliquid PUMPlong	+0.0100%	1h	$160.5M	$50.2M	10x
Pacifica PUMP	+0.0100%	1h	$467K	$621K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	$78.6M	$158.6M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	$26K	$199K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	$42K	$71K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	$4.9M	$9.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	$23.2M	$13.3M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	$17.6M	$18.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	—	$13.2M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	$64K	$2.9M	20x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	$170K	$726K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	$115K	$2.2M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	$5K	$3K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	$1K	$646K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	$238	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	$25K	$142K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	$2.2M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	$3.7M	$3.4M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	$72K	$21K	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0112%	1h	$421K	$6.1M	50x	as long as short
RISEx PUMP/USDC	+0.0159%	1h	$520K	$1.1M	10x	as long as short
Phoenix PUMP	+0.0183%	1h	$40K	$80K	10x	as long as short
Aftermath Perps PUMPUSD	+0.0324%	1h	$201	$129K	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0329% / S −0.0270%	1h	$75K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	$3.6M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	$2	—	3x	as long as short
Kraken Futures PF_PUMPUSDshort	+0.1734%	1h	$1.4M	$3.3M	50x