PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.1138%/8h= +124.6% APRnext payment +$1.42 per $10,000 · paid last 24h +0.300%

Price spread now: Kraken Futures against Derive+0.150%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Derive Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Kraken Futures is 0.150% dearer against Derive than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive PUMP-PERP	0.004490	0.0100	pay 0.0013% / 1h	4m 22s	$5K	$13K	6.7x
Short	Kraken Futures PF_PUMPUSD	0.004496	0.1238	get 0.0155% / 1h	4m 22s	$1.4M	$3.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Derive. 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 DerivebpFee Kraken FuturesbpOrdersPrice spread, now +0.150%Rate

Funding earned: $238.9
Price spread: +0.150% → 0.000%: $15
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $237.9
Costs to cover: 0.160%
Break-even: 0.0 days

Slippage unknown: Derive: no order-book sample; Kraken Futures: live order book, 4 min ago. Net counts fees only.

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 Derive no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 4 min ago	6.67 bp	20.7 bp −$21	28.9 bp −$289	244.7 bp −$24.5K	doesn't fit

Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PUMP on 41 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	−0.4179%	1h	0.004501	+0.256%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004498	+0.185%	$18K	$214K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004490	+0.007%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004497	+0.152%	$56K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0089%	4h	0.004489	−0.015%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004493	+0.074%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	+0.230%	$30K	$780K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004501	+0.263%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004501	+0.250%	$697K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004503	+0.297%	$525K	$717K	10x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004495	+0.126%	$82.2M	$167.5M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004488	−0.037%	$24.5M	$98.7M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004485	−0.098%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004502	+0.274%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004498	+0.185%	$4.9M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004504	+0.319%	$24.0M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004490	+0.007%	$17.7M	$19.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004497	+0.163%	—	$13.0M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004487	−0.064%	$798K	$186K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004495	+0.118%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004485	−0.105%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004497	+0.163%	$150K	$750K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004505	+0.341%	$99K	$2.1M	10x	as long as short
Derive PUMP-PERPlong	+0.0100%	1h	0.004490	long leg	$5K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004497	+0.163%	$2K	$743K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004491	+0.029%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004487	−0.060%	$21K	$116K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004493	+0.074%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004502	+0.265%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004488	−0.037%	$72K	$8K	3x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004498	+0.181%	$43K	$103K	10x	as long as short
Extended PUMP-USD	+0.0240%	1h	0.004488	−0.027%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004505	+0.341%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004504	+0.330%	$532K	$1.0M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004501	+0.246%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0350% / S −0.0278%	1h	0.004495	+0.119%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004501	+0.252%	$711K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004511	+0.475%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0723%	1h	0.004508	+0.408%	$169.0M	$55.3M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0867%	1h	0.004497	+0.157%	$594	$112K	10x	as long as short
Kraken Futures PF_PUMPUSDshort	+0.1238%	1h	0.004496	+0.150%	$1.4M	$3.1M	50x