PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0299%/8h= +32.7% APRnext payment +$0.37 per $10,000 · paid last 24h −0.254%

Price spread now: Injective against GMX+0.470%57s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Injective is 0.470% dearer against GMX than usual: you sell high and buy low: +$47 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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	GMX PUMP/USD [WBTC.b-USDC]	0.004471	L +0.0272% / S −0.0200%	pay 0.0034% / 1h	41m 45s	$54K	—	100x
Short	Injective PUMP/USDC PERP	0.004492	0.0571	get 0.0071% / 1h	41m 45s	$39K	$204K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against GMX. 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 GMXbpFee InjectivebpOrdersPrice spread, now +0.470%Rate

Funding earned: $62.81
Price spread: +0.470% → 0.000%: $46.97
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $97.76
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Injective: live order book, 7 min ago. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell Injective live order book, 7 min ago	16.72 bp	26.2 bp −$26	doesn't fit	doesn't fit	doesn't fit

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0023%	1h	0.004469	−0.042%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004468	−0.067%	$18K	$237K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004473	+0.045%	$70K	$115K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004472	+0.013%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0052%	4h	0.004455	−0.358%	$4.9M	$10.3M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004469	−0.045%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.588%	$28K	$618K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004471	+0.011%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004458	−0.288%	$710K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004472	+0.022%	$536K	$761K	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	0.004460	−0.253%	$81.3M	$164.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004458	−0.291%	$24.5M	$93.9M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004467	−0.096%	$32K	$162K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004473	+0.045%	$65K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004467	−0.089%	$23.9M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004459	−0.268%	$17.7M	$18.5M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004458	−0.291%	—	$13.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004467	−0.081%	$801K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004495	+0.541%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004489	+0.403%	$1.3M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004493	+0.492%	$152K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004474	+0.067%	$110K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004471	0.000%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004471	+0.009%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004472	+0.022%	$2K	$735K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004471	0.000%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004466	−0.112%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004469	−0.045%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004471	+0.009%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004470	−0.022%	$66K	$10K	3x	as long as short
Extended PUMP-USD	+0.0112%	1h	0.004456	−0.327%	$3.8M	$3.7M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]long	L +0.0272% / S −0.0200%	1h	0.004471	long leg	$54K	—	100x
01 Exchange PUMPUSD	+0.0320%	1h	0.004474	+0.067%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004468	−0.067%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004472	+0.020%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004499	+0.635%	$46K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004478	+0.157%	$716K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0551%	1h	0.004467	−0.089%	$167.3M	$48.6M	10x	as long as short
Injective PUMP/USDC PERPshort	+0.0571%	1h	0.004492	+0.470%	$39K	$204K	12x
RISEx PUMP/USDC	+0.0682%	1h	0.004474	+0.067%	$532K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0819%	1h	0.004471	+0.009%	$1.0M	$3.2M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1090%	1h	0.004487	+0.349%	$520	$102K	10x	as long as short