PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0217%/8h= −23.8% APRnext payment −$0.27 per $10,000 · paid last 24h +0.230%

Price spread now: Kraken Futures against RISEx+0.074%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$440.435% of the position

Long on RISEx Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.244%+$24 on $10k

Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.074%, 7d avg +0.017%

Together, before fees+0.167%+$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.057% dearer against RISEx than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of +0.017%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 21 hours. Mind the row above: over the last 4 days funding on this pair paid +0.244%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx PUMP/USDC	0.004508	0.0764	pay 0.0096% / 1h	53m 30s	$539K	$1.0M	10x
Short	Kraken Futures PF_PUMPUSD	0.004511	0.0547	get 0.0068% / 1h	53m 30s	$1.1M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against RISEx. 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 RISExbpFee Kraken FuturesbpOrdersPrice spread, now +0.074%Rate

Funding earned: −$45.62
Price spread: +0.074% → +0.017%: $5.68
Slippage, 4 orders: −$27.53
Fee RISEx: 3 bp × 2 orders: −$6
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$83.48
Costs to cover: 0.435%
Break-even: never at this rate

Slippage from RISEx: live order book, just now; Kraken Futures: 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 RISEx live order book, just now	2.22 bp	5.2 bp −$5	12.2 bp −$122	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	5.50 bp	16.8 bp −$17	30.4 bp −$304	258.8 bp −$25.9K	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	0.0000%	1h	0.004505	−0.053%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004502	−0.122%	$18K	$256K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004500	−0.169%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004506	−0.033%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.166%	$30K	$627K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004502	−0.115%	$840K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004505	−0.055%	$537K	$886K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004502	−0.113%	$82.8M	$170.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004500	−0.166%	$24.7M	$98.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004541	+0.752%	$27K	$162K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004507	−0.011%	$65K	$95K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004502	−0.122%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004507	−0.011%	$24.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004502	−0.122%	$18.0M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004501	−0.144%	—	$14.1M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004505	−0.044%	$810K	$198K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004511	+0.082%	$68K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004514	+0.143%	$1.3M	$10.3M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004506	−0.033%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004509	+0.033%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004508	+0.009%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004506	−0.033%	$2K	$760K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004509	+0.033%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004508	+0.011%	$21K	$85K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004508	+0.011%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004504	−0.071%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004506	−0.033%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0106%	8h	0.004506	−0.038%	$43K	$276	5x	as long as short
ApeX Omni PUMPUSDT	+0.0161%	1h	0.004523	+0.344%	$153K	$744K	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004506	−0.033%	$54K	—	100x	as long as short
Nado PUMP-PERP	+0.0321%	1h	0.004509	+0.044%	$1.6M	$2.1M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004515	+0.166%	$3.7M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004502	−0.127%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0368%	1h	0.004508	+0.011%	$6K	$600	10x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004520	+0.271%	$47K	$139K	10x	as long as short
Hyperliquid PUMP	+0.0483%	1h	0.004508	+0.011%	$168.4M	$51.0M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004514	+0.144%	$723K	$5.7M	50x	as long as short
Kraken Futures PF_PUMPUSDshort	+0.0547%	1h	0.004511	+0.074%	$1.1M	$3.5M	50x
Injective PUMP/USDC PERP	+0.0564%	1h	0.004529	+0.477%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0638%	1h	0.004511	+0.078%	$70K	$115K	25x	as long as short
RISEx PUMP/USDClong	+0.0764%	1h	0.004508	long leg	$539K	$1.0M	10x
Aftermath Perps PUMPUSD	+0.1160%	1h	0.004524	+0.364%	$499	$111K	10x	as long as short