Funding you earn now, next payment 02:22 UTC−0.1454%/8h= −159.3% APRpaid last 24h −0.350%
Price spread now: Perpl against Kraken Futures−0.006%7-day average −0.075% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.460%−$46 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.006%, 7d avg −0.075%
=Together, before fees−0.428%+ Points / potential airdropPerpl: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.069% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.006% now, against its 7-day average of −0.075%): +$7 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.460% in total) that is about 25 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.460% in total (about -24.0% 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 | Kraken Futures PF_PUMPUSD | 0.004455 | 0.1343 | pay 0.0168% / 1h | 11m 47s | $1.1M | $3.3M | 50x |
| Short | Perpl PUMP | 0.004455 | −0.0112 | pay 0.0010% / 43m | 42m 47s | $18K | $230K | 20x |
Kraken Futures PF_PUMPUSD
Perpl PUMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$305.43
- Price spread: −0.006% → −0.075%
- $6.94
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$322.29
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 2 min ago; Perpl: 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, 2 min ago | 3.36 bp | 21.1 bp −$21 | 34.7 bp −$347 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Perpl PUMPshort | −0.0112% | 43m | 0.004455 | −0.006% | $18K | $230K | 20x | |
| dYdX PUMP-USD | −0.0008% | 1h | 0.004453 | −0.048% | $20K | $9K | 5x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004453 | −0.050% | $71K | $124K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004453 | −0.046% | $54K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004453 | −0.050% | $2.8M | $5.5M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −1.240% | $31K | $789K | 20x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004452 | −0.073% | $42K | $10K | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004452 | −0.063% | $700K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004458 | +0.062% | $488K | $783K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004452 | −0.073% | $80.9M | $170.6M | 75x | as long as short |
dYdX PUMP-USD
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Lighter PUMP
Popdex PUMPUSDT
Orderly PERP_PUMP_USDC
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004451 | −0.095% | $24.2M | $98.0M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004463 | +0.179% | $37K | $191K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004459 | +0.084% | $60K | $86K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004452 | −0.073% | $4.9M | $11.3M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004456 | +0.017% | $23.7M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004452 | −0.073% | $17.7M | $20.0M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004452 | −0.073% | — | $12.9M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004451 | −0.091% | $790K | $189K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004478 | +0.514% | $65K | $3.1M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004474 | +0.416% | $1.2M | $10.7M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004479 | +0.533% | $149K | $751K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004460 | +0.107% | $107K | $2.1M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004453 | −0.061% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004458 | +0.062% | $2K | $755K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004452 | −0.073% | $279 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004449 | −0.140% | $21K | $118K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004457 | +0.039% | $2.0M | $4.0M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004457 | +0.032% | $42K | $276 | 5x | as long as short |
| Nado PUMP-PERP | +0.0104% | 1h | 0.004458 | +0.073% | $1.7M | $2.0M | 10x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004450 | −0.118% | $71K | $11K | 3x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0191% / S −0.0050% | 1h | 0.004454 | −0.028% | $60K | — | 100x | as long as short |
| Extended PUMP-USD | +0.0264% | 1h | 0.004451 | −0.087% | $3.9M | $4.3M | 50x | as long as short |
| 01 Exchange PUMPUSD | +0.0288% | 1h | 0.004460 | +0.107% | $6K | $727 | 10x | as long as short |
| Phoenix PUMP | +0.0321% | 1h | 0.004468 | +0.286% | $43K | $103K | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004461 | +0.129% | $3.7M | $4.5M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004455 | −0.012% | $2 | — | 3x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0448% | 1h | 0.004469 | +0.309% | $707K | $6.0M | 50x | as long as short |
| Hyperliquid PUMP | +0.0483% | 1h | 0.004458 | +0.062% | $166.7M | $55.9M | 10x | as long as short |
| RISEx PUMP/USDC | +0.0544% | 1h | 0.004459 | +0.093% | $530K | $996K | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0880% | 1h | 0.004455 | −0.006% | $39K | $204K | 12x | as long as short |
| Aftermath Perps PUMPUSD | +0.0880% | 1h | 0.004467 | +0.269% | $590 | $117K | 10x | as long as short |
| Kraken Futures PF_PUMPUSDlong | +0.1343% | 1h | 0.004455 | long leg | $1.1M | $3.3M | 50x |
OKX PUMP-USDT-SWAP
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Nado PUMP-PERP
Aevo PUMP-PERP
GMX PUMP/USD [WBTC.b-USDC]
Extended PUMP-USD
01 Exchange PUMPUSD
Phoenix PUMP
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Coinbase International PUMP-PERP-INTX
Hyperliquid PUMP
RISEx PUMP/USDC
Injective PUMP/USDC PERP
Aftermath Perps PUMPUSD