Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: GRVT against Gate−0.068%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$480.483% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.198%−$20 on $10k

Price spread, last 7 days+0.159%+$16 · spread now −0.068%, 7d avg +0.009%

Together, before fees−0.039%+ Points / potential airdropGRVT: Active · farm board−$4 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 0.078% cheaper against Gate than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate PUMP_USDT	0.004319	0.0100	pay 0.0050% / 4h	1h 41m	$4.6M	$11.7M	75x
Short	GRVT PUMP_USDT_Perp	0.004316	0.0100	get 0.0050% / 4h	1h 41m	$1.2M	$9.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Gate. 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 GatebpFee GRVTbpOrdersPrice spread, now −0.068%Rate

Funding earned: $0
Price spread: −0.068% → +0.009%: −$7.78
Slippage, 4 orders: −$24.26
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$56.04
Costs to cover: 0.483%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; GRVT: live order book, 3 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 Gate live order book, 2 min ago	2.32 bp	18.1 bp −$18	41.6 bp −$416	80.6 bp −$8,064	doesn't fit
Sell GRVT live order book, 3 min ago	1.16 bp	6.6 bp −$7	25.7 bp −$257	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	−0.4986%	1h	0.004325	+0.129%	$20K	$8K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0038%	4h	0.004318	−0.023%	$22.6M	$95.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0015%	4h	0.004319	0.000%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004320	+0.023%	$20K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004321	+0.046%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004320	+0.028%	$55K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0035%	1h	0.004323	+0.088%	$771K	$181K	5x	as long as short
Lighter PUMP	+0.0096%	1h	0.004319	0.000%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.440%	$29K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004321	+0.042%	$42K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PUMP-PERP	+0.0100%	1h	0.004318	−0.012%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004327	+0.185%	$158.5M	$52.6M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004321	+0.046%	$779K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004323	+0.093%	$448K	$607K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004319	−0.009%	$76.8M	$163.5M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004324	+0.107%	$25K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004322	+0.069%	$42K	$53K	10x	as long as short
Gate PUMP_USDTlong	+0.0100%	4h	0.004319	long leg	$4.6M	$11.7M	75x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004322	+0.069%	$22.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004319	0.000%	$17.1M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004321	+0.046%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004319	+0.005%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perpshort	+0.0100%	4h	0.004316	−0.068%	$1.2M	$9.7M	10x
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004320	+0.023%	$136K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004323	+0.093%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004320	+0.028%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004321	+0.046%	$2K	$712K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004319	0.000%	$712	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004320	+0.023%	$21K	$138K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004318	−0.023%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004318	−0.031%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004318	−0.023%	$71K	$18K	3x	as long as short
01 Exchange PUMPUSD	+0.0120%	1h	0.004322	+0.069%	$6K	$497	10x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004322	+0.081%	$488K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004317	−0.051%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004324	+0.116%	$655K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0310% / S −0.0228%	1h	0.004320	+0.023%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004319	0.000%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004318	−0.020%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0372%	1h	0.004320	+0.012%	$200	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004322	+0.069%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0809%	1h	0.004325	+0.134%	$1.3M	$3.5M	50x	as long as short