Funding you earn now, next payment 03:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h +0.030%
Price spread now: Coinbase International against GRVT+1.233%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs+$74as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days+0.236%+$24 on $10k
+Price spread, last 4 days (all we have)−1.221%−$122 · spread now +1.233%, 7d avg +0.064%
=Together, before fees−0.985%+ Points / potential airdropGRVT: Active · farm board−$99 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 1.169% dearer against GRVT than usual: you sell high and buy low: +$117 more if the spread goes back to its 7-day average of +0.064%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.236% in total (about 12.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT PUMP_USDT_Perp | 0.004372 | 0.0100 | pay 0.0050% / 4h | 30m 54s | $1.2M | $10.6M | 10x |
| Short | Coinbase International PUMP-PERP-INTX | 0.004426 | 0.0440 | get 0.0055% / 1h | 30m 54s | $702K | $5.9M | 50x |
GRVT PUMP_USDT_Perp
Coinbase International PUMP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $71.4
- Price spread: +1.233% → +0.064%
- $116.93
- Slippage, 4 orders
- −$23.84
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $145.49
- Costs to cover
- 0.428%
- Break-even
- from the start
Slippage from GRVT: live order book, 3 min ago; Coinbase International: 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 GRVT live order book, 3 min ago | 1.14 bp | 6.4 bp −$6 | 21.1 bp −$211 | 99.3 bp −$9,933 | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 6.84 bp | 15.9 bp −$16 | 22.4 bp −$224 | 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 | −0.0058% | 1h | 0.004420 | +1.099% | $20K | $9K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004424 | +1.187% | $19K | $235K | 20x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004422 | +1.142% | $70K | $122K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004424 | +1.185% | $53K | — | 150x | as long as short |
| Backpack PUMP_USDC_PERP | +0.0038% | 1h | 0.004425 | +1.222% | $784K | $200K | 5x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004424 | +1.187% | $2.8M | $5.4M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | +0.638% | $29K | $816K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004427 | +1.267% | $1.6M | $2.1M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004427 | +1.249% | $703K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004423 | +1.164% | $493K | $821K | 10x | as long as short |
dYdX PUMP-USD
Perpl PUMP
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Backpack PUMP_USDC_PERP
Lighter PUMP
Popdex PUMPUSDT
Nado PUMP-PERP
Aster PUMPUSDT
Pacifica PUMPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PUMPUSDT | +0.0100% | 4h | 0.004428 | +1.272% | $80.6M | $174.0M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004432 | +1.370% | $24.0M | $98.2M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004370 | −0.057% | $36K | $181K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004426 | +1.233% | $62K | $102K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004427 | +1.256% | $4.9M | $11.3M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004429 | +1.302% | $23.7M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004431 | +1.347% | $17.7M | $20.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004426 | +1.233% | — | $13.0M | — | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004372 | −0.009% | $64K | $3.2M | 20x | as long as short |
| GRVT PUMP_USDT_Perplong | +0.0100% | 4h | 0.004372 | long leg | $1.2M | $10.6M | 10x | |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004387 | +0.341% | $145K | $756K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004432 | +1.370% | $102K | $2.1M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004420 | +1.096% | $41K | $11K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004421 | +1.115% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004423 | +1.164% | $2K | $769K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004425 | +1.210% | $278 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004414 | +0.959% | $21K | $111K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004424 | +1.187% | $2.0M | $4.0M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004423 | +1.167% | $42K | $276 | 5x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004418 | +1.050% | $70K | $8K | 3x | as long as short |
| Extended PUMP-USD | +0.0184% | 1h | 0.004426 | +1.240% | $3.8M | $4.3M | 50x | as long as short |
| 01 Exchange PUMPUSD | +0.0248% | 1h | 0.004431 | +1.347% | $6K | $625 | 10x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0270% / S −0.0198% | 1h | 0.004423 | +1.164% | $53K | — | 100x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004420 | +1.096% | $3.6M | $4.4M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004426 | +1.228% | $2 | — | 3x | as long as short |
| Phoenix PUMP | +0.0345% | 1h | 0.004374 | +0.037% | $42K | $120K | 10x | as long as short |
| Hyperliquid PUMP | +0.0419% | 1h | 0.004434 | +1.416% | $166.4M | $56.7M | 10x | as long as short |
| Coinbase International PUMP-PERP-INTXshort | +0.0440% | 1h | 0.004426 | +1.233% | $702K | $5.9M | 50x | |
| RISEx PUMP/USDC | +0.0570% | 1h | 0.004428 | +1.267% | $526K | $1.0M | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0706% | 1h | 0.004425 | +1.210% | $38K | $204K | 12x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0800% | 1h | 0.004428 | +1.279% | $1.0M | $3.4M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.0893% | 1h | 0.004390 | +0.406% | $580 | $114K | 10x | as long as short |
Binance PUMPUSDT
OKX PUMP-USDT-SWAP
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
edgeX PUMPUSDC
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Orderly PERP_PUMP_USDC
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Aevo PUMP-PERP
Extended PUMP-USD
01 Exchange PUMPUSD
GMX PUMP/USD [WBTC.b-USDC]
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Phoenix PUMP
Hyperliquid PUMP
RISEx PUMP/USDC
Injective PUMP/USDC PERP
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD