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 +0.020%

Price spread now: edgeX against GRVT+0.070%7-day average −0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$420.416% of the position

Long on GRVT Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.239%+$24 on $10k

Price spread, last 7 days−0.219%−$22 · spread now +0.070%, 7d avg −0.052%

Together, before fees+0.020%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$2 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: edgeX is 0.121% dearer against GRVT than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT PUMP_USDT_Perp	0.004369	0.0100	pay 0.0050% / 4h	9m 49s	$1.2M	$10.0M	10x
Short	edgeX PUMPUSDC	0.004372	0.0100	get 0.0050% / 4h	9m 49s	$64K	$3.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against GRVT. 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 GRVTbpFee edgeXbpOrdersPrice spread, now +0.070%Rate

Funding earned: $0
Price spread: +0.070% → −0.052%: $12.15
Slippage, 4 orders: −$23.56
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$29.41
Costs to cover: 0.416%
Break-even: never at this rate

Slippage from GRVT: live order book, 4 min ago; edgeX: live order book, 4 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, 4 min ago	1.14 bp	5.6 bp −$6	25.5 bp −$255	1301.7 bp −$130.2K	doesn't fit
Sell edgeX live order book, 4 min ago	4.57 bp	14.7 bp −$15	18.4 bp −$184	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	−0.0050%	1h	0.004379	+0.229%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004375	+0.137%	$18K	$207K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004381	+0.275%	$70K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004379	+0.228%	$55K	—	150x	as long as short
OKX PUMP-USDT-SWAP	+0.0014%	4h	0.004373	+0.092%	$22.9M	$97.1M	50x	as long as short
Orderly PERP_PUMP_USDC	+0.0022%	4h	0.004378	+0.206%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004376	+0.160%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.579%	$31K	$772K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004373	+0.102%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004379	+0.240%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004376	+0.160%	$726K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004376	+0.160%	$458K	$604K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004374	+0.112%	$78.1M	$164.7M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004359	−0.233%	$26K	$165K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004378	+0.206%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004376	+0.160%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004377	+0.183%	$23.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004375	+0.137%	$17.5M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004375	+0.137%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004378	+0.211%	$780K	$182K	5x	as long as short
edgeX PUMPUSDCshort	+0.0100%	4h	0.004372	+0.070%	$64K	$3.0M	20x
GRVT PUMP_USDT_Perplong	+0.0100%	4h	0.004369	long leg	$1.2M	$10.0M	10x
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004374	+0.114%	$138K	$763K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004382	+0.298%	$96K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004380	+0.257%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004379	+0.229%	$2K	$721K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004378	+0.206%	$277	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004369	0.000%	$21K	$137K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004377	+0.183%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004375	+0.129%	$3.6M	$3.6M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004378	+0.206%	$72K	$18K	3x	as long as short
Hyperliquid PUMP	+0.0146%	1h	0.004382	+0.298%	$161.1M	$53.3M	10x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004388	+0.437%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004382	+0.298%	$39K	$207K	12x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004378	+0.195%	$489K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0208%	1h	0.004379	+0.229%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004381	+0.275%	$694K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0329% / S −0.0259%	1h	0.004379	+0.229%	$71K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004367	−0.046%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004377	+0.180%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0476%	1h	0.004372	+0.073%	$382	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0862%	1h	0.004383	+0.310%	$1.3M	$3.5M	50x	as long as short