Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.1137%/8h= +124.5% APRnext payment +$1.42 per $10,000 · paid last 24h +0.295%
Price spread now: Kraken Futures against Pacifica+0.144%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$650.654% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.414%+$41 on $10k
Price spread, last 3 days (all we have)−0.071%−$7 · spread now +0.144%, 7d avg +0.048%
Together, before fees+0.343%+ Points / potential airdropPacifica: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Kraken Futures is 0.096% dearer against Pacifica than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.048%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.414% in total (about 21.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PUMP0.0044930.0100pay 0.0013% / 1h2m 37s$524K$717K10x
ShortKraken Futures PF_PUMPUSD0.0044990.1237get 0.0155% / 1h2m 37s$1.4M$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Pacifica. 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

Funding earned
$238.72
Price spread: +0.144% → +0.048%
$9.58
Slippage, 4 orders
−$47.39
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$182.91
Costs to cover
0.654%
Break-even
1.6 days
Slippage from Pacifica: live order book, 66 min ago; Kraken Futures: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 66 min ago3.36 bp11.5 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 6 min ago6.67 bp20.7 bp −$2128.9 bp −$289244.7 bp −$24.5Kdoesn't fit

PUMP on 41 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.4032%1h0.004491−0.042%$21K$9K5xas long as short
Perpl PUMP0.0000%43m0.0044930.000%$18K$214K20xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004492−0.024%$54K150xas long as short
Orderly PERP_PUMP_USDC+0.0089%4h0.0044930.000%$42K$10K10xas long as short
Lighter PUMP+0.0096%1h0.004494+0.022%$2.9M$5.5M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−2.070%$28K$778K20xas long as short
Nado PUMP-PERP+0.0100%1h0.004496+0.078%$1.7M$2.0M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004490−0.069%$695K$2.3M50xas long as short
Pacifica PUMPlong+0.0100%1h0.004493long leg$524K$717K10x
Binance PUMPUSDT+0.0100%4h0.0044930.000%$82.1M$167.6M75xas long as short
Show all 41 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PUMP-USDT-SWAP+0.0100%4h0.004492−0.022%$24.4M$98.6M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004485−0.171%$21K$172K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004494+0.022%$41K$66K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004490−0.067%$4.9M$11.2M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004496+0.067%$23.9M$14.0M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004492−0.022%$17.7M$19.7M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004494+0.022%$12.9Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004489−0.080%$798K$186K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004495+0.044%$67K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004487−0.134%$1.2M$10.6M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004497+0.089%$150K$750K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004498+0.111%$99K$2.1M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004493+0.002%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.0044930.000%$2K$743K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.0044930.000%$282$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.0044930.000%$21K$116K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004491−0.045%$2.0M$3.9M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004495+0.039%$43K$2765xas long as short
Aevo PUMP-PERP+0.0104%1h0.004490−0.067%$72K$8K3xas long as short
Deribit PUMP_USDC-PERPETUAL+0.0195%1h0.004494+0.022%$71K$124K25xas long as short
Phoenix PUMP+0.0235%1h0.004498+0.107%$43K$103K10xas long as short
Extended PUMP-USD+0.0240%1h0.004492−0.013%$3.8M$4.3M50xas long as short
01 Exchange PUMPUSD+0.0320%1h0.004501+0.178%$6K$72710xas long as short
RISEx PUMP/USDC+0.0322%1h0.004496+0.067%$531K$1.0M10xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004494+0.017%$23xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0350% / S −0.0278%1h0.004492−0.022%$73K100xas long as short
Coinbase International PUMP-PERP-INTX+0.0408%1h0.004498+0.111%$708K$5.9M50xas long as short
Injective PUMP/USDC PERP+0.0571%1h0.004511+0.401%$39K$204K12xas long as short
Hyperliquid PUMP+0.0720%1h0.004500+0.156%$168.7M$55.4M10xas long as short
Aftermath Perps PUMPUSD+0.0870%1h0.004497+0.085%$594$112K10xas long as short
Kraken Futures PF_PUMPUSDshort+0.1237%1h0.004499+0.144%$1.4M$3.1M50x