Funding you earn now, next payment 00:00 UTC−0.0763%/8h= −83.5% APRpaid last 24h −0.280%
Price spread now: KuCoin against Kraken Futures+0.020%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$720.720% of the position
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 3 days (all we have)−0.040%−$4 · spread now +0.020%, 7d avg −0.008%
=The price spread pays, funding is against you. KuCoin is 0.028% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.008%): +$3 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.202% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.202% in total (about -10.5% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PUMPUSD | 0.004378 | 0.0863 | pay 0.0108% / 1h | 38m 00s | $1.3M | $3.5M | 50x |
| Short | KuCoin PUMPUSDTM | 0.004379 | 0.0100 | get 0.0050% / 4h | 38m 00s | $23.4M | $13.9M | 50x |
Kraken Futures PF_PUMPUSD
KuCoin PUMPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$160.19
- Price spread: +0.020% → −0.008%
- $2.8
- Slippage, 4 orders
- −$49.97
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$229.36
- Costs to cover
- 0.720%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; KuCoin: live order book, 6 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 Kraken Futures live order book, 1 min ago | 4.56 bp | 18.6 bp −$19 | 28.7 bp −$287 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.14 bp | 14.5 bp −$14 | 38.3 bp −$383 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PUMP-USDT-SWAP | −0.0010% | 4h | 0.004375 | −0.071% | $22.9M | $96.7M | 50x | as long as short |
| dYdX PUMP-USD | −0.0006% | 1h | 0.004380 | +0.053% | $20K | $9K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004377 | −0.026% | $18K | $203K | 20x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004375 | −0.071% | $69K | $126K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0002% | 1h | 0.004376 | −0.056% | $56K | — | 150x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0009% | 4h | 0.004374 | −0.094% | $41K | $10K | 10x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004374 | −0.094% | $2.9M | $5.5M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004300 | −1.784% | $26K | $767K | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004376 | −0.045% | $42K | — | 5x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004376 | −0.044% | $731K | $2.2M | 50x | as long as short |
OKX PUMP-USDT-SWAP
dYdX PUMP-USD
Perpl PUMP
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Orderly PERP_PUMP_USDC
Lighter PUMP
Popdex PUMPUSDT
Paradex PUMP-USD-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 | 0.004377 | −0.026% | $458K | $601K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004374 | −0.092% | $77.9M | $163.8M | 75x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004373 | −0.119% | $26K | $169K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004377 | −0.026% | $42K | $53K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004374 | −0.094% | $4.7M | $11.5M | 75x | as long as short |
| KuCoin PUMPUSDTMshort | +0.0100% | 4h | 0.004379 | +0.020% | $23.4M | $13.9M | 50x | |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004375 | −0.071% | $17.4M | $19.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004374 | −0.094% | — | $12.8M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004376 | −0.055% | $780K | $181K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004380 | +0.042% | $65K | $3.0M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004380 | +0.043% | $1.2M | $9.9M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004385 | +0.157% | $138K | $765K | 50x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004376 | −0.060% | $1.6M | $2.0M | 10x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004382 | +0.089% | $97K | $1.9M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004375 | −0.069% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004374 | −0.094% | $2K | $716K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004373 | −0.117% | $279 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004373 | −0.117% | $22K | $135K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004376 | −0.048% | $2.0M | $4.0M | 20x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004374 | −0.100% | $3.6M | $3.8M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004373 | −0.117% | $72K | $18K | 3x | as long as short |
| Phoenix PUMP | +0.0164% | 1h | 0.004385 | +0.159% | $39K | $100K | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0182% | 1h | 0.004393 | +0.340% | $39K | $207K | 12x | as long as short |
| RISEx PUMP/USDC | +0.0194% | 1h | 0.004379 | +0.020% | $486K | $1.0M | 10x | as long as short |
| 01 Exchange PUMPUSD | +0.0248% | 1h | 0.004379 | +0.020% | $6K | $830 | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0312% | 1h | 0.004382 | +0.089% | $690K | $5.5M | 50x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0320% / S −0.0241% | 1h | 0.004375 | −0.071% | $69K | — | 100x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004378 | −0.003% | $3.5M | $4.0M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004375 | −0.072% | $2 | — | 3x | as long as short |
| Hyperliquid PUMP | +0.0405% | 1h | 0.004382 | +0.089% | $161.4M | $52.5M | 10x | as long as short |
| Aftermath Perps PUMPUSD | +0.0464% | 1h | 0.004384 | +0.123% | $182 | $105K | 10x | as long as short |
| Kraken Futures PF_PUMPUSDlong | +0.0863% | 1h | 0.004378 | long leg | $1.3M | $3.5M | 50x |
Pacifica PUMP
Binance PUMPUSDT
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Nado PUMP-PERP
Polymarket Perps PUMP-USD
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Extended PUMP-USD
Aevo PUMP-PERP
Phoenix PUMP
Injective PUMP/USDC PERP
RISEx PUMP/USDC
01 Exchange PUMPUSD
Coinbase International PUMP-PERP-INTX
GMX PUMP/USD [WBTC.b-USDC]
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Hyperliquid PUMP
Aftermath Perps PUMPUSD