PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0714%/8h= −78.2% APRnext payment −$0.89 per $10,000 · paid last 24h −0.303%

Price spread now: Pacifica against Kraken Futures−0.037%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$640.637% of the position

Long on Kraken Futures Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.461%−$46 on $10k

Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.037%, 7d avg −0.043%

Together, before fees−0.519%+ Points / potential airdropPacifica: Active · farm board−$52 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.043%, so right now this pair is about funding alone: −$21 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 -0.461% in total (about -24.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.89 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	Kraken Futures PF_PUMPUSD	0.004497	0.0814	pay 0.0102% / 1h	35m 09s	$1.1M	$3.3M	50x
Short	Pacifica PUMP	0.004495	0.0100	get 0.0013% / 1h	35m 09s	$541K	$767K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.037%Rate

Funding earned: −$149.98
Price spread: −0.037% → −0.043%: $0.62
Slippage, 4 orders: −$45.68
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$213.04
Costs to cover: 0.637%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; Pacifica: live order book, 14 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, 4 min ago	6.76 bp	19.1 bp −$19	41.0 bp −$410	doesn't fit	doesn't fit
Sell Pacifica live order book, 14 min ago	3.34 bp	8.6 bp −$9	doesn't fit	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
dYdX PUMP-USD	−0.0016%	1h	0.004494	−0.052%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004497	+0.008%	$18K	$242K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004499	+0.052%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004498	+0.030%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.150%	$29K	$623K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004500	+0.085%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004483	−0.304%	$714K	$2.2M	50x	as long as short
Pacifica PUMPshort	+0.0100%	1h	0.004495	−0.037%	$541K	$767K	10x
Binance PUMPUSDT	+0.0100%	4h	0.004482	−0.327%	$82.4M	$166.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004475	−0.482%	$24.6M	$95.1M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004453	−0.962%	$31K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004493	−0.081%	$65K	$101K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004491	−0.126%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004501	+0.097%	$24.1M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004484	−0.281%	$17.8M	$18.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004488	−0.193%	—	$13.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004490	−0.139%	$808K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004443	−1.185%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004450	−1.040%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004450	−1.038%	$150K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004502	+0.119%	$112K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004499	+0.052%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004496	−0.005%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004496	−0.015%	$2K	$742K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004496	−0.015%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004491	−0.126%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004493	−0.081%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004497	+0.014%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004496	−0.015%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0104%	8h	0.004497	+0.014%	$43K	$276	5x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004497	+0.008%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0312%	1h	0.004502	+0.119%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004493	−0.081%	$3.8M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004503	+0.137%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004438	−1.313%	$45K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004504	+0.163%	$725K	$5.6M	50x	as long as short
Hyperliquid PUMP	+0.0509%	1h	0.004492	−0.104%	$168.0M	$49.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004496	−0.015%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0639%	1h	0.004502	+0.119%	$70K	$115K	25x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004494	−0.061%	$534K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSDlong	+0.0814%	1h	0.004497	long leg	$1.1M	$3.3M	50x
Aftermath Perps PUMPUSD	+0.1057%	1h	0.004462	−0.770%	$715	$104K	10x	as long as short