Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%

Price spread now: GRVT against ApeX Omni−0.069%7-day average −0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$420.423% of the position

Long on ApeX Omni Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.278%−$28 on $10k

Price spread, last 3 days (all we have)−0.120%−$12 · spread now −0.069%, 7d avg −0.096%

Together, before fees−0.398%+ Points / potential airdropGRVT: Active · farm board−$40 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.026% dearer against ApeX Omni than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PUMPUSDT	0.004327	0.0100	pay 0.0013% / 1h	56m 57s	$137K	$766K	50x
Short	GRVT PUMP_USDT_Perp	0.004324	0.0100	get 0.0050% / 4h	2h 56m	$1.2M	$9.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against ApeX Omni. 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 ApeX OmnibpFee GRVTbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0
Price spread: −0.069% → −0.096%: $2.62
Slippage, 4 orders: −$23.33
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$39.71
Costs to cover: 0.423%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 32 min ago; GRVT: live order book, 2 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 ApeX Omni live order book, 32 min ago	5.80 bp	14.7 bp −$15	105.1 bp −$1,051	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	1.16 bp	6.6 bp −$7	41.8 bp −$418	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	−0.5785%	1h	0.004322	−0.115%	$20K	$8K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0037%	4h	0.004317	−0.231%	$22.6M	$95.3M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0013%	4h	0.004318	−0.208%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004314	−0.300%	$20K	$201K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004320	−0.162%	$70K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004319	−0.178%	$55K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0022%	1h	0.004318	−0.199%	$771K	$185K	5x	as long as short
Lighter PUMP	+0.0096%	1h	0.004319	−0.185%	$2.9M	$5.5M	10x	as long as short
01 Exchange PUMPUSD	+0.0096%	1h	0.004316	−0.254%	$6K	$497	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.624%	$29K	$775K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004314	−0.292%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004318	−0.196%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004318	−0.208%	$784K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004317	−0.231%	$449K	$614K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004318	−0.208%	$76.6M	$165.6M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004312	−0.342%	$20K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004316	−0.254%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004317	−0.231%	$4.6M	$11.6M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004321	−0.139%	$22.8M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004317	−0.231%	$17.1M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004317	−0.231%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004323	−0.101%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perpshort	+0.0100%	4h	0.004324	−0.069%	$1.2M	$9.6M	10x
ApeX Omni PUMPUSDTlong	+0.0100%	1h	0.004327	long leg	$137K	$766K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004322	−0.116%	$110K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004319	−0.186%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004320	−0.162%	$2K	$711K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004317	−0.231%	$712	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004313	−0.324%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004320	−0.162%	$2.0M	$4.1M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004318	−0.207%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004317	−0.231%	$71K	$18K	3x	as long as short
Hyperliquid PUMP	+0.0117%	1h	0.004324	−0.069%	$158.3M	$52.3M	10x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004318	−0.214%	$492K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0167%	1h	0.004322	−0.104%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004326	−0.023%	$657K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0222%	1h	0.004318	−0.208%	$67K	—	100x	as long as short
Aftermath Perps PUMPUSD	+0.0340%	1h	0.004319	−0.176%	$200	$105K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004314	−0.300%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004318	−0.218%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004327	0.000%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0687%	1h	0.004322	−0.109%	$1.3M	$3.5M	50x	as long as short