PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0716%/8h= −78.4% APRnext payment −$0.89 per $10,000 · paid last 24h −0.287%

Price spread now: Derive against Kraken Futures+0.014%63s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Derive

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$21 a day on $10k at the current rate. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_PUMPUSD	0.004541	0.0816	pay 0.0102% / 1h	35m 19s	$1.1M	$3.5M	50x
Short	Derive PUMP-PERP	0.004542	0.0100	get 0.0013% / 1h	35m 19s	$5K	$13K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Kraken Futures. 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 Kraken FuturesbpFee DerivebpOrdersPrice spread, now +0.014%Rate

Funding earned: −$150.29
Price spread: +0.014% → 0.000%: $1.45
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Derive: 3 bp × 2 orders: −$6
Net: −$164.84
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 3 min ago; Derive: no order-book sample. 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 Kraken Futures live order book, 3 min ago	3.30 bp	10.6 bp −$11	22.4 bp −$224	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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	0.004543	+0.051%	$21K	$11K	5x	as long as short
Gate PUMP_USDT	−0.0004%	4h	0.004539	−0.043%	$4.9M	$10.0M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004541	+0.001%	$18K	$267K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004541	+0.001%	$70K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004540	−0.024%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004541	+0.001%	$2.9M	$4.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.902%	$29K	$667K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004538	−0.062%	$857K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004543	+0.045%	$520K	$886K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004540	−0.015%	$83.0M	$176.4M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004538	−0.065%	$25.0M	$103.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004541	+0.005%	$27K	$163K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004543	+0.045%	$50K	$140K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004545	+0.089%	$24.7M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004539	−0.043%	$17.8M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004540	−0.021%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004542	+0.023%	$814K	$213K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004544	+0.060%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004543	+0.045%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004556	+0.331%	$162K	$748K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004543	+0.045%	$107K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004539	−0.043%	$42K	$2K	10x	as long as short
Derive PUMP-PERPshort	+0.0100%	1h	0.004542	+0.014%	$5K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004537	−0.087%	$2K	$787K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004540	−0.021%	$255	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004542	+0.023%	$23K	$124K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004540	−0.021%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004542	+0.031%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004538	−0.058%	$3.7M	$3.9M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004537	−0.087%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0189%	1h	0.004546	+0.111%	$169.8M	$51.2M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004538	−0.065%	$65K	—	100x	as long as short
Phoenix PUMP	+0.0332%	1h	0.004556	+0.338%	$44K	$146K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004537	−0.087%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004539	−0.048%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	+0.904%	$38K	$204K	12x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004546	+0.111%	$6K	$600	10x	as long as short
Nado PUMP-PERP	+0.0385%	1h	0.004545	+0.100%	$1.7M	$2.2M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004552	+0.243%	$739K	$6.2M	50x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004546	+0.105%	$529K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSDlong	+0.0816%	1h	0.004541	long leg	$1.1M	$3.5M	50x
Aftermath Perps PUMPUSD	+0.0976%	1h	0.004548	+0.151%	$503	$110K	10x	as long as short