Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: GRVT against edgeX−0.654%7-day average +0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$450.454% of the position

Long on edgeX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.192%−$19 on $10k

Price spread, last 7 days+0.672%+$67 · spread now −0.654%, 7d avg +0.041%

Together, before fees+0.480%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board+$48 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 0.695% cheaper against edgeX than usual: you would sell low and buy high, −$69 on $10k if it goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX PUMPUSDC	0.004475	0.0100	pay 0.0050% / 4h	2h 39m	$66K	$3.1M	20x
Short	GRVT PUMP_USDT_Perp	0.004446	0.0100	get 0.0050% / 4h	2h 39m	$1.2M	$10.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against edgeX. 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 edgeXbpFee GRVTbpOrdersPrice spread, now −0.654%Rate

Funding earned: $0
Price spread: −0.654% → +0.041%: −$69.48
Slippage, 4 orders: −$27.42
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$114.9
Costs to cover: 0.454%
Break-even: never at this rate

Slippage from edgeX: live order book, 4 min ago; GRVT: live order book, 5 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 edgeX live order book, 4 min ago	4.47 bp	17.6 bp −$18	22.4 bp −$224	doesn't fit	doesn't fit
Sell GRVT live order book, 5 min ago	1.12 bp	6.6 bp −$7	17.9 bp −$179	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	−0.0020%	1h	0.004420	−1.235%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004414	−1.369%	$18K	$238K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004426	−1.100%	$69K	$115K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004422	−1.189%	$54K	—	150x	as long as short
Gate PUMP_USDT	+0.0052%	4h	0.004412	−1.413%	$4.9M	$10.4M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004421	−1.212%	$2.8M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.681%	$28K	$622K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004420	−1.223%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004416	−1.318%	$703K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004421	−1.212%	$532K	$767K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004417	−1.302%	$80.6M	$165.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004418	−1.279%	$24.3M	$93.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004434	−0.931%	$32K	$160K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004417	−1.302%	$64K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004422	−1.190%	$23.7M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004420	−1.235%	$17.5M	$18.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004415	−1.346%	—	$13.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004420	−1.237%	$796K	$203K	5x	as long as short
edgeX PUMPUSDClong	+0.0100%	4h	0.004475	long leg	$66K	$3.1M	20x
GRVT PUMP_USDT_Perpshort	+0.0100%	4h	0.004446	−0.654%	$1.2M	$10.0M	10x
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004455	−0.452%	$150K	$745K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004420	−1.235%	$109K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004426	−1.100%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004426	−1.094%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004425	−1.123%	$2K	$736K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004419	−1.257%	$277	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004434	−0.922%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004419	−1.257%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004420	−1.239%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004414	−1.360%	$3.7M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004426	−1.100%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0200%	1h	0.004420	−1.235%	$53K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004417	−1.302%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004448	−0.609%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004422	−1.193%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004478	+0.062%	$44K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004424	−1.145%	$701K	$5.4M	50x	as long as short
Hyperliquid PUMP	+0.0511%	1h	0.004427	−1.078%	$165.4M	$48.7M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004483	+0.173%	$39K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004418	−1.290%	$525K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0829%	1h	0.004418	−1.281%	$1.0M	$3.2M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1093%	1h	0.004475	−0.013%	$518	$103K	10x	as long as short