After costs, if the gap returns to its 7d average, $10k−$91
spread now+0.268%7d average+0.048%fees + slippage, in and out−$113spread needed1.130%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex PUMPUSDT | 0.004358 | 0.0100 | pay 0.0050% / 4h | 43m 02s | $2.2M | $4.0M | 20x |
| Short | Kraken Futures PF_PUMPUSD | 0.004370 | 0.1706 | get 0.0213% / 1h | 43m 02s | $1.4M | $3.4M | 50x |
Phemex PUMPUSDT
Kraken Futures PF_PUMPUSDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $26.8
- Funding while held
- $48.17
- Slippage, 4 orders
- −$90.99
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$38.02
- Spread needed to break even
- 1.130%
Slippage from Phemex: live order book, 2 min ago; Kraken Futures: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.1606%
- Per $10,000 a day
- +$48.17
- Average in range /8h
- —
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 Phemex live order book, 2 min ago | 7.99 bp | 44.6 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 10.25 bp | 20.5 bp −$21 | 35.2 bp −$352 | 333.1 bp −$33.3K | doesn't fit |
PUMP price on every exchange
against the cheapest. Click to use as the short leg.Popdex0.004300cheapestBloFin0.004355+1.279%Aster0.004357+1.326%Backpack0.004358+1.347%Binance0.004358+1.348%OKX0.004358+1.349%BingX0.004358+1.349%
Popdex
BloFin
Aster
Backpack
Binance
OKX
BingXPhemex0.004358+1.349%
Extended0.004359+1.370%Gate0.004359+1.372%Reya0.004359+1.374%Nado0.004359+1.384%Lighter0.004360+1.395%Aevo0.004360+1.395%SoDEX0.004360+1.395%Bitget0.004361+1.419%Orderly0.004361+1.419%GMX0.004362+1.442%SunX0.004362+1.442%gTrade (Gains Network)0.004362+1.452%Arcus0.004363+1.465%Perpl0.004363+1.465%Deribit0.004363+1.465%Coinbase International0.004363+1.465%KuCoin0.004364+1.488%Polymarket Perps0.004364+1.488%HTX0.004364+1.488%Paradex0.004365+1.504%Hyperliquid0.004365+1.512%01 Exchange0.004365+1.512%RISEx0.004366+1.534%Pacifica0.004366+1.535%
Extended
Gate
Reya
Nado
Lighter
Aevo
SoDEX
Bitget
Orderly
GMX
SunX
gTrade (Gains Network)
Arcus
Perpl
Deribit
Coinbase International
KuCoin
Polymarket Perps
HTX
Paradex
Hyperliquid
RISEx
PacificaKraken Futures0.004370+1.620%
dYdX0.004371+1.641%Derive0.004373+1.705%Ondo Perps0.004375+1.735%Injective0.004376+1.767%edgeX0.004378+1.813%ApeX Omni0.004380+1.860%Aftermath Perps0.004388+2.038%Phoenix0.004393+2.163%
dYdX
Derive
Ondo Perps
Injective
ApeX Omni
PhoenixPUMP on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Popdex PUMPUSDT | −1.331% | +0.0096% | 1h | $28K | $822K | 20x | as long as short |
| BloFin PUMP-USDT | −0.069% | +0.0340% | 4h | $3.6M | $4.3M | 75x | as long as short |
| Aster PUMPUSDT | −0.023% | −0.0121% | 4h | $762K | $2.6M | 50x | as long as short |
| Backpack PUMP_USDC_PERP | −0.002% | +0.0039% | 1h | $781K | $165K | 5x | as long as short |
| Binance PUMPUSDT | 0.000% | +0.0100% | 4h | $77.7M | $159.2M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | 0.000% | −0.0108% | 4h | $24.3M | $97.8M | 50x | as long as short |
| BingX PUMP-USDT | 0.000% | +0.0100% | 4h | — | $13.2M | — | as long as short |
| Phemex PUMPUSDTlong | 0.000% | +0.0100% | 4h | $2.2M | $4.0M | 20x | |
| Extended PUMP-USD | +0.020% | +0.0104% | 1h | $3.7M | $3.6M | 50x | as long as short |
| Gate PUMP_USDT | +0.023% | +0.0100% | 4h | $4.9M | $9.3M | 75x | as long as short |