Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%

Price spread now: GRVT against Aster−1.216%80s7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$350.353% of the position

Long on Aster Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.223%−$22 on $10k

Price spread, last 7 days+1.272%+$127 · spread now −1.216%, 7d avg +0.008%

Together, before fees+1.049%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$105 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 1.224% cheaper against Aster than usual: you would sell low and buy high, −$122 on $10k if it goes back to its 7-day average of +0.008%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster PUMPUSDT	0.004426	0.0100	pay 0.0050% / 4h	32m 08s	$703K	$2.4M	50x
Short	GRVT PUMP_USDT_Perp	0.004372	0.0100	get 0.0050% / 4h	32m 08s	$1.2M	$10.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Aster. 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 AsterbpFee GRVTbpOrdersPrice spread, now −1.216%Rate

Funding earned: $0
Price spread: −1.216% → +0.008%: −$122.39
Slippage, 4 orders: −$18.34
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$157.73
Costs to cover: 0.353%
Break-even: never at this rate

Slippage from Aster: live order book, 1 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 Aster live order book, 1 min ago	4.55 bp	12.9 bp −$13	24.8 bp −$248	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	1.14 bp	6.5 bp −$7	48.2 bp −$482	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	−0.0001%	1h	0.004401	−0.558%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004421	−0.111%	$19K	$235K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004423	−0.057%	$56K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0015%	1h	0.004426	−0.002%	$784K	$200K	5x	as long as short
Lighter PUMP	+0.0096%	1h	0.004422	−0.088%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.585%	$28K	$823K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004421	−0.111%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDTlong	+0.0100%	4h	0.004426	long leg	$703K	$2.4M	50x
Pacifica PUMP	+0.0100%	1h	0.004401	−0.563%	$491K	$821K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004421	−0.111%	$80.5M	$173.8M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004425	−0.020%	$24.0M	$98.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004370	−1.272%	$36K	$181K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004409	−0.382%	$62K	$102K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004423	−0.066%	$4.9M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004426	+0.002%	$23.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004424	−0.043%	$17.7M	$20.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004423	−0.066%	—	$13.0M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004372	−1.224%	$64K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perpshort	+0.0100%	4h	0.004372	−1.216%	$1.2M	$10.6M	10x
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004376	−1.127%	$145K	$755K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004421	−0.111%	$102K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004421	−0.111%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004420	−0.126%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004414	−0.269%	$2K	$769K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004420	−0.133%	$277	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004415	−0.246%	$21K	$112K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004420	−0.133%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004404	−0.497%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004417	−0.201%	$70K	$8K	3x	as long as short
Extended PUMP-USD	+0.0184%	1h	0.004419	−0.148%	$3.8M	$4.3M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0202%	1h	0.004422	−0.088%	$70K	$123K	25x	as long as short
01 Exchange PUMPUSD	+0.0248%	1h	0.004408	−0.404%	$6K	$727	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004423	−0.066%	$53K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004391	−0.789%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004422	−0.094%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004374	−1.179%	$42K	$120K	10x	as long as short
Hyperliquid PUMP	+0.0410%	1h	0.004431	+0.115%	$166.3M	$56.6M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004427	+0.025%	$701K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004412	−0.305%	$524K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004378	−1.082%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0801%	1h	0.004422	−0.083%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0875%	1h	0.004380	−1.027%	$579	$114K	10x	as long as short