Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0711%/8h= +77.8% APRnext payment +$0.89 per $10,000 · paid last 24h +0.303%
Price spread now: Kraken Futures against Pacifica−0.112%7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$520.522% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.461%+$46 on $10k
Price spread, last 4 days (all we have)+0.207%+$21 · spread now −0.112%, 7d avg +0.043%
Together, before fees+0.668%+ Points / potential airdropPacifica: Active · farm board+$67 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.156% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of +0.043%). If the spread goes back, that is −$16 on $10k: about 18 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.461% in total) that is about 2.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.461% in total (about 24.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.89 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica PUMP0.0045200.0100pay 0.0013% / 1h13m 56s$535K$880K10x
ShortKraken Futures PF_PUMPUSD0.0045150.0811get 0.0101% / 1h13m 56s$1.1M$3.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Pacifica. 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

Funding earned
$149.29
Price spread: −0.112% → +0.043%
−$15.55
Slippage, 4 orders
−$34.23
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$81.51
Costs to cover
0.522%
Break-even
3.2 days
Slippage from Pacifica: live order book, 35 min ago; Kraken Futures: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 35 min ago3.34 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 5 min ago7.79 bp14.8 bp −$1532.4 bp −$324235.9 bp −$23.6Kdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.0009%1h0.004523+0.066%$21K$11K5xas long as short
Perpl PUMP0.0000%43m0.0045200.000%$18K$250K20xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004518−0.036%$55K150xas long as short
Lighter PUMP+0.0096%1h0.004516−0.088%$2.9M$4.7M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004500−0.442%$33K$639K20xas long as short
Aster PUMPUSDT+0.0100%4h0.004512−0.179%$720K$2.2M50xas long as short
Pacifica PUMPlong+0.0100%1h0.004520long leg$535K$880K10x
Binance PUMPUSDT+0.0100%4h0.004512−0.179%$82.8M$167.9M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004510−0.221%$24.7M$96.7M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004502−0.407%$27K$168K5xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus PUMP-USD+0.0100%1h0.004523+0.066%$65K$103K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004511−0.199%$5.0M$10.5M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004514−0.133%$24.2M$13.6M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004509−0.243%$17.9M$18.6M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004512−0.177%$14.0Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004511−0.195%$811K$201K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004501−0.422%$67K$3.1M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004498−0.487%$1.3M$10.2M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004504−0.354%$152K$746K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004525+0.111%$113K$2.1M10xas long as short
Orderly PERP_PUMP_USDC+0.0100%4h0.004515−0.111%$43K$11K10xas long as short
Derive PUMP-PERP+0.0100%1h0.004512−0.168%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004512−0.177%$2K$749K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004514−0.133%$283$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004514−0.133%$21K$94K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004515−0.111%$2.0M$3.9M20xas long as short
Extended PUMP-USD+0.0104%1h0.004511−0.192%$3.8M$3.7M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004510−0.221%$67K$10K3xas long as short
Nado PUMP-PERP+0.0105%1h0.004521+0.033%$1.6M$2.1M10xas long as short
Paradex PUMP-USD-PERP+0.0107%8h0.004522+0.035%$43K$2765xas long as short
Deribit PUMP_USDC-PERPETUAL+0.0193%1h0.004515−0.111%$70K$115K25xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0272% / S −0.0200%1h0.004517−0.066%$54K100xas long as short
01 Exchange PUMPUSD+0.0336%1h0.004525+0.111%$6K$60010xas long as short
BloFin PUMP-USDT+0.0340%4h0.004524+0.088%$3.7M$4.5M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004521+0.017%$23xas long as short
Phoenix PUMP+0.0356%1h0.004504−0.354%$46K$119K10xas long as short
Hyperliquid PUMP+0.0426%1h0.004515−0.111%$168.1M$50.3M10xas long as short
Coinbase International PUMP-PERP-INTX+0.0480%1h0.004522+0.044%$726K$5.6M50xas long as short
Injective PUMP/USDC PERP+0.0571%1h0.004504−0.354%$38K$204K12xas long as short
RISEx PUMP/USDC+0.0682%1h0.004524+0.084%$538K$1.0M10xas long as short
Kraken Futures PF_PUMPUSDshort+0.0811%1h0.004515−0.112%$1.1M$3.4M50x
Aftermath Perps PUMPUSD+0.1107%1h0.004496−0.541%$521$111K10xas long as short