Funding you earn now, next payment 00:00 UTC−0.0533%/8h= −58.4% APRpaid last 24h −0.009%
Price spread now: edgeX against Hyperliquid−0.380%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days−0.025%−$3 on $10k
+Price spread, last 7 days+0.289%+$29 · spread now −0.380%, 7d avg −0.092%
=Together, before fees+0.264%+ Points / potential airdropHyperliquid: Season 2 · edgeX: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and edgeX is 0.287% cheaper against Hyperliquid than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.092%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment. 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 | Hyperliquid PUMP | 0.004418 | 0.0633 | pay 0.0079% / 1h | 55m 10s | $162.6M | $52.8M | 10x |
| Short | edgeX PUMPUSDC | 0.004401 | 0.0100 | get 0.0050% / 4h | 55m 10s | $65K | $3.0M | 20x |
Hyperliquid PUMP
edgeX PUMPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$111.91
- Price spread: −0.380% → −0.092%
- −$28.74
- Slippage, 4 orders
- −$31.69
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$190.34
- Costs to cover
- 0.497%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; edgeX: live order book, 4 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 Hyperliquid live order book, 9 min ago | 2.28 bp | 9.0 bp −$9 | 22.1 bp −$221 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 min ago | 4.55 bp | 18.0 bp −$18 | 22.8 bp −$228 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX PUMP-USDT-SWAP | −0.0017% | 4h | 0.004410 | −0.181% | $23.0M | $97.5M | 50x | as long as short |
| dYdX PUMP-USD | 0.0000% | 1h | 0.004400 | −0.407% | $20K | $9K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004403 | −0.340% | $18K | $204K | 20x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0002% | 4h | 0.004408 | −0.226% | $41K | $10K | 10x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0002% | 1h | 0.004406 | −0.267% | $56K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004410 | −0.181% | $2.9M | $5.5M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −0.407% | $29K | $765K | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004405 | −0.288% | $42K | — | 5x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004410 | −0.176% | $784K | $2.3M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004403 | −0.340% | $459K | $605K | 10x | as long as short |
OKX PUMP-USDT-SWAP
dYdX PUMP-USD
Perpl PUMP
Orderly PERP_PUMP_USDC
gTrade (Gains Network) PUMP/USD
Lighter PUMP
Popdex PUMPUSDT
Paradex PUMP-USD-PERP
Aster PUMPUSDT
Pacifica PUMPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PUMPUSDT | +0.0100% | 4h | 0.004411 | −0.166% | $78.6M | $164.5M | 75x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004399 | −0.439% | $26K | $176K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004406 | −0.272% | $43K | $53K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004410 | −0.181% | $4.7M | $11.4M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004415 | −0.068% | $23.4M | $13.8M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004411 | −0.158% | $17.6M | $19.2M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004410 | −0.181% | — | $12.8M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004412 | −0.129% | $786K | $183K | 5x | as long as short |
| edgeX PUMPUSDCshort | +0.0100% | 4h | 0.004401 | −0.380% | $65K | $3.0M | 20x | |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004402 | −0.362% | $1.2M | $9.9M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004402 | −0.362% | $139K | $767K | 50x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004405 | −0.306% | $1.6M | $2.0M | 10x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004408 | −0.226% | $98K | $1.9M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004409 | −0.205% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004413 | −0.113% | $2K | $718K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004411 | −0.158% | $288 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004398 | −0.453% | $22K | $138K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004411 | −0.158% | $2.0M | $4.0M | 20x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004411 | −0.166% | $3.6M | $3.8M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004411 | −0.158% | $73K | $18K | 3x | as long as short |
| Injective PUMP/USDC PERP | +0.0182% | 1h | 0.004404 | −0.317% | $39K | $207K | 12x | as long as short |
| Phoenix PUMP | +0.0185% | 1h | 0.004394 | −0.532% | $39K | $100K | 10x | as long as short |
| RISEx PUMP/USDC | +0.0194% | 1h | 0.004407 | −0.238% | $491K | $1.0M | 10x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0204% | 1h | 0.004411 | −0.158% | $70K | $126K | 25x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0312% | 1h | 0.004408 | −0.226% | $697K | $5.6M | 50x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0319% / S −0.0239% | 1h | 0.004405 | −0.294% | $69K | — | 100x | as long as short |
| 01 Exchange PUMPUSD | +0.0328% | 1h | 0.004409 | −0.204% | $6K | $497 | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004412 | −0.136% | $3.5M | $3.9M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004405 | −0.296% | $2 | — | 3x | as long as short |
| Aftermath Perps PUMPUSD | +0.0440% | 1h | 0.004390 | −0.629% | $183 | $106K | 10x | as long as short |
| Hyperliquid PUMPlong | +0.0633% | 1h | 0.004418 | long leg | $162.6M | $52.8M | 10x | |
| Kraken Futures PF_PUMPUSD | +0.0855% | 1h | 0.004417 | −0.033% | $1.3M | $3.5M | 50x | as long as short |
Binance PUMPUSDT
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Nado PUMP-PERP
Polymarket Perps PUMP-USD
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Extended PUMP-USD
Aevo PUMP-PERP
Injective PUMP/USDC PERP
Phoenix PUMP
RISEx PUMP/USDC
Deribit PUMP_USDC-PERPETUAL
Coinbase International PUMP-PERP-INTX
GMX PUMP/USD [WBTC.b-USDC]
01 Exchange PUMPUSD
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Aftermath Perps PUMPUSD
Kraken Futures PF_PUMPUSD