PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0352%/8h= +38.6% APRnext payment +$0.44 per $10,000 · paid last 24h −0.172%

Price spread now: Aftermath Perps against Kraken Futures−0.189%7-day average +0.001% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$930.932% of the position

Long on Kraken Futures Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.072%−$7 on $10k

Price spread, last 4 days (all we have)+0.197%+$20 · spread now −0.189%, 7d avg +0.001%

Together, before fees+0.125%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aftermath Perps is 0.190% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.189% now, against its 7-day average of +0.001%). If the spread goes back, that is −$19 on $10k: about 43 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 3 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.072% in total (about -7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.44 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	0.004454	0.0658	pay 0.0082% / 1h	29m 15s	$1.0M	$3.3M	50x
Short	Aftermath Perps PUMPUSD	0.004446	0.1011	get 0.0126% / 1h	29m 15s	$317	$111K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now −0.189%Rate

Funding earned: $74.02
Price spread: −0.189% → +0.001%: −$19.01
Slippage, 4 orders: −$74.19
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$38.18
Costs to cover: 0.932%
Break-even: 10.6 days

Slippage from Kraken Futures: live order book, 5 min ago; Aftermath Perps: live order book, 25 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, 5 min ago	5.61 bp	20.6 bp −$21	31.8 bp −$318	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 25 min ago	5.18 bp	21.5 bp −$21	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	−0.3741%	1h	0.004452	−0.053%	$20K	$11K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004450	−0.100%	$18K	$240K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004450	−0.100%	$71K	$122K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004450	−0.092%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0042%	4h	0.004450	−0.100%	$4.9M	$10.5M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004454	−0.010%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.222%	$30K	$673K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004454	+0.001%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004453	−0.034%	$712K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004454	−0.010%	$494K	$824K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004453	−0.034%	$81.1M	$170.3M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004450	−0.100%	$24.3M	$97.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004443	−0.262%	$31K	$187K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004454	−0.010%	$62K	$99K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004455	+0.012%	$23.9M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004449	−0.122%	$17.5M	$19.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004451	−0.078%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004452	−0.064%	$794K	$208K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004453	−0.022%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004452	−0.055%	$1.2M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004459	+0.102%	$148K	$745K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004455	+0.012%	$106K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004450	−0.100%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004449	−0.117%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004450	−0.100%	$2K	$759K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004452	−0.055%	$279	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004445	−0.212%	$21K	$103K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004452	−0.055%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004446	−0.179%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004449	−0.122%	$66K	$13K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004450	−0.100%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0320%	1h	0.004449	−0.118%	$3.9M	$4.3M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004456	+0.035%	$3.6M	$4.5M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004442	−0.284%	$42K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004451	−0.085%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0352%	1h	0.004454	−0.010%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004458	+0.080%	$38K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004455	+0.012%	$715K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0540%	1h	0.004457	+0.057%	$166.9M	$53.8M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004454	−0.010%	$529K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSDlong	+0.0658%	1h	0.004454	long leg	$1.0M	$3.3M	50x
Aftermath Perps PUMPUSDshort	+0.1011%	1h	0.004446	−0.189%	$317	$111K	10x