PUMP

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BulkPUMP-USD	0.005792	+0.0100	pay 0.0013% / 1h	31m 08s	$99K	$350K	10x	Long Bulk
SHORT	GRVTPUMP_USDT_Perp	0.005802	+0.0100	get 0.0050% / 4h	31m 08s	$1.5M	$10.7M	10x	Short GRVT

Price gap+0.166%

Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$12 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding$00.0000% /8h now · paid −0.004% over the last 6 days (all we have)

Price+$12spread +0.166% now, avg +0.043% → +0.123% if it goes back

Costs−$270.274% of $10k · taker + slippage, in and out

Result−$15−0.15%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

GRVT price against Bulknow

RANGE STATS · 7D

Now+0.166%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PUMP on 42 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

Watch: Large against open interest5.7 / 8.9 bp
$10k is over 10% of Bulk’s open interest.
Note: Margin at max leverage$1,000 + $1,000
Bulk 10x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 4h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: $0.00Long Bulk: 24 payments, −$3.00; short GRVT: 6 payments, +$3.00.
OK: Entry gap works for you+0.166% vs +0.043%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$99K vs $1.5M OI
Bulk sets your exit cost. Check its book before closing.
OK: Points on a legGRVT points
Volume here counts toward the points program.
OK: No KYC on either legBulk No · GRVT No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0002%/8h × 21 periods−$0.49

Price spread+0.166% → +0.043% (7d avg)+$12.33

Slippage, 4 orderslive order books−$11.37

Fee Bulk bp × 2 orders−$7.00

Fee GRVT bp × 2 orders−$9.00

Net · 7 days · $10k−$15.52

Costs to cover0.274%Break-evennever at this rate

Slippage: Bulk: live order book, 3 min ago; GRVT: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBulk0.865.7 bp−$68.0 bp−$80doesn’t fitdoesn’t fit

SELL · SHORTGRVT0.878.9 bp−$921.9 bp−$21974.9 bp−$7,495doesn’t fit

Closing costs about the same again.

PUMP news

posts that mention PUMP, from every exchangeSearch all news →

09-30 01:05	Reya	Listing	PUMPRUSDPERP no longer reported ($PUMP) seen by our collector
09-28 15:17	OKX	Other	New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗
09-28 15:16	Phoenix	Contest	It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗
09-25 14:48	Phoenix	Contest	$SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗
09-24 14:13	Bulk	Other	PUMP IT Trade $PUMP by @Pumpfun with up to 10x leverage now on @bulktrade on X ↗
09-18 16:36	RISEx	Other	Privacy is still holding with $ZEC in its second straight week as a top gainer: +12.34% to +35.35%. Everything else on the weekly board turned over. Oil went from a gainer to a loser (CL and BZ both went a full round trip), while $PUMP went from -15.44% to +10.44% this week. @risextrade on X ↗