PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0444%/8h= −48.6% APRnext payment −$0.56 per $10,000 · paid last 24h −0.303%

Price spread now: Derive against Kraken Futures−0.045%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Derive

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 against this trade now: funding costs −$13 a day on $10k at the current rate, and Derive is 0.045% cheaper against Kraken Futures than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_PUMPUSD	0.004535	0.0544	pay 0.0068% / 1h	57m 55s	$1.1M	$3.5M	50x
Short	Derive PUMP-PERP	0.004533	0.0100	get 0.0013% / 1h	57m 55s	$5K	$13K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.045%Rate

Funding earned: −$93.3
Price spread: −0.045% → 0.000%: −$4.53
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Derive: 3 bp × 2 orders: −$6
Net: −$113.83
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 1 min ago; Derive: no order-book sample. 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 Kraken Futures live order book, 1 min ago	5.50 bp	16.3 bp −$16	42.5 bp −$425	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

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 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	0.004541	+0.130%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004539	+0.086%	$18K	$255K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004535	−0.007%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004536	+0.020%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.774%	$29K	$628K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004534	−0.022%	$836K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004546	+0.240%	$541K	$886K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004535	−0.004%	$83.5M	$169.8M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004532	−0.068%	$24.9M	$98.8M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004553	+0.388%	$27K	$170K	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	0.004549	+0.307%	$66K	$95K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004532	−0.068%	$5.0M	$10.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004537	+0.042%	$24.5M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004533	−0.046%	$18.2M	$18.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004534	−0.024%	—	$14.1M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004534	−0.035%	$815K	$197K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004562	+0.587%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004556	+0.460%	$1.3M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004559	+0.527%	$154K	$749K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004548	+0.285%	$111K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004534	−0.024%	$43K	$11K	10x	as long as short
Derive PUMP-PERPshort	+0.0100%	1h	0.004533	−0.045%	$5K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004532	−0.068%	$2K	$759K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004534	−0.024%	$285	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004539	+0.086%	$22K	$94K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004536	+0.020%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004534	−0.020%	$3.9M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004530	−0.112%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0107%	8h	0.004547	+0.266%	$43K	$276	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0191%	1h	0.004536	+0.020%	$71K	$115K	25x	as long as short
Nado PUMP-PERP	+0.0229%	1h	0.004543	+0.185%	$1.7M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004534	−0.024%	$55K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004539	+0.086%	$3.7M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004541	+0.124%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004554	+0.423%	$48K	$116K	10x	as long as short
01 Exchange PUMPUSD	+0.0432%	1h	0.004551	+0.351%	$6K	$600	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004544	+0.196%	$722K	$5.7M	50x	as long as short
Kraken Futures PF_PUMPUSDlong	+0.0544%	1h	0.004535	long leg	$1.1M	$3.5M	50x
Injective PUMP/USDC PERP	+0.0564%	1h	0.004540	+0.108%	$38K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0591%	1h	0.004539	+0.086%	$169.7M	$51.0M	10x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004549	+0.317%	$544K	$1.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1160%	1h	0.004546	+0.232%	$727	$111K	10x	as long as short