PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1237%/8h= −135.4% APRnext payment −$1.55 per $10,000 · paid last 24h −0.304%

Price spread now: Nado against Kraken Futures−0.473%46s7-day average −0.063% · 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—prices read too far apart to compare

costs, in and out, $10k−$530.528% of the position

Long on Kraken Futures Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.437%−$44 on $10k

Price spread, last 4 days (all we have)+0.511%+$51 · spread now −0.473%, 7d avg −0.063%

Together, before fees+0.074%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Nado is 0.411% cheaper against Kraken Futures than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of −0.063%). Swap the legs. The two prices were read 46 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	0.004475	0.1337	pay 0.0167% / 1h	28m 35s	$1.1M	$3.4M	50x
Short	Nado PUMP-PERP	0.004453	0.0100	get 0.0012% / 1h	28m 35s	$1.7M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.473%Rate

Funding earned: −$259.76
Price spread: −0.473% → −0.063%: −$41.07
Slippage, 4 orders: −$35.78
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$353.61
Costs to cover: 0.528%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 5 min ago; Nado: live order book, 5 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, 5 min ago	5.59 bp	21.0 bp −$21	43.3 bp −$433	doesn't fit	doesn't fit
Sell Nado live order book, 5 min ago	1.12 bp	8.4 bp −$8	22.2 bp −$222	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
Perpl PUMP	−0.0112%	43m	0.004456	−0.418%	$18K	$227K	20x	as long as short
dYdX PUMP-USD	−0.0012%	1h	0.004460	−0.327%	$20K	$9K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004478	+0.074%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004477	+0.057%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0096%	4h	0.004477	+0.052%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004461	−0.306%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.669%	$28K	$793K	20x	as long as short
Nado PUMP-PERPshort	+0.0100%	1h	0.004453	−0.473%	$1.7M	$2.0M	10x
Aster PUMPUSDT	+0.0100%	4h	0.004466	−0.203%	$703K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004462	−0.284%	$489K	$778K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004457	−0.404%	$81.4M	$170.3M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004448	−0.596%	$24.2M	$98.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004470	−0.100%	$37K	$191K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004457	−0.395%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004459	−0.351%	$4.9M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004462	−0.284%	$23.7M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004450	−0.552%	$17.6M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004461	−0.306%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004469	−0.125%	$795K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004468	−0.144%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004472	−0.050%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004472	−0.060%	$149K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004458	−0.373%	$108K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004476	+0.025%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004483	+0.186%	$1K	$754K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004473	−0.038%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004475	+0.007%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004475	+0.007%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004459	−0.349%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004472	−0.060%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004476	+0.029%	$60K	—	100x	as long as short
Extended PUMP-USD	+0.0264%	1h	0.004457	−0.390%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004458	−0.373%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004476	+0.036%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004471	−0.082%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004450	−0.561%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004482	+0.163%	$698K	$6.0M	50x	as long as short
Hyperliquid PUMP	+0.0536%	1h	0.004461	−0.306%	$166.8M	$55.9M	10x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004459	−0.351%	$530K	$992K	10x	as long as short
Aftermath Perps PUMPUSD	+0.0879%	1h	0.004478	+0.063%	$591	$117K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004481	+0.141%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSDlong	+0.1337%	1h	0.004475	long leg	$1.1M	$3.4M	50x