Funding you earn now, next payment 04:00 UTC+0.0371%/8h= +40.7% APRpaid last 24h +0.030%
Price spread now: Hyperliquid against GRVT−0.077%85s7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.315% of the position
Funding, last 7 days+0.249%+$25 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.077%, 7d avg +0.047%
=Together, before fees+0.285%+ Points / potential airdropGRVT: Active · Hyperliquid: Season 2 · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.124% cheaper against GRVT than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of +0.047%). If the spread goes back, that is −$12 on $10k: about 27 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.249% in total) that is about 3.5 days. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.249% in total (about 13.0% 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 | 0.004433 | 0.0100 | pay 0.0050% / 4h | 6m 07s | $1.2M | $10.7M | 10x |
| Short | Hyperliquid PUMP | 0.004430 | 0.0471 | get 0.0059% / 1h | 6m 07s | $166.0M | $54.9M | 10x |
GRVT PUMP_USDT_Perp
Hyperliquid PUMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $78.01
- Price spread: −0.077% → +0.047%
- −$12.42
- Slippage, 4 orders
- −$13.53
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $34.06
- Costs to cover
- 0.315%
- Break-even
- 3.9 days
Slippage from GRVT: live order book, 3 min ago; Hyperliquid: live order book, 8 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 | 1.13 bp | 6.4 bp −$6 | 20.8 bp −$208 | 109.6 bp −$11.0K | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.13 bp | 10.4 bp −$10 | 20.1 bp −$201 | 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 | −0.4505% | 1h | 0.004425 | −0.186% | $20K | $9K | 5x | as long as short |
| Perpl PUMP | −0.0112% | 43m | 0.004422 | −0.257% | $19K | $237K | 20x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004423 | −0.239% | $53K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004425 | −0.190% | $2.8M | $5.5M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −0.753% | $29K | $781K | 20x | as long as short |
| Gate PUMP_USDT | +0.0098% | 4h | 0.004421 | −0.280% | $4.9M | $11.5M | 75x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004424 | −0.201% | $1.6M | $2.1M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004424 | −0.216% | $701K | $2.3M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004426 | −0.167% | $496K | $823K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004423 | −0.231% | $80.5M | $173.2M | 75x | as long as short |
dYdX PUMP-USD
Perpl PUMP
gTrade (Gains Network) PUMP/USD
Lighter PUMP
Popdex PUMPUSDT
Gate PUMP_USDT
Nado PUMP-PERP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004422 | −0.257% | $24.1M | $97.6M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004428 | −0.115% | $31K | $192K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004426 | −0.167% | $62K | $100K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004425 | −0.190% | $23.7M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004422 | −0.257% | $17.4M | $20.0M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004423 | −0.235% | — | $12.9M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004424 | −0.223% | $791K | $206K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004431 | −0.064% | $65K | $3.2M | 20x | as long as short |
| GRVT PUMP_USDT_Perplong | +0.0100% | 4h | 0.004433 | long leg | $1.2M | $10.7M | 10x | |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004431 | −0.054% | $147K | $755K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004427 | −0.144% | $103K | $2.1M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004422 | −0.257% | $42K | $11K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004422 | −0.250% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004424 | −0.212% | $1K | $770K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004423 | −0.235% | $278 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004426 | −0.167% | $21K | $106K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004425 | −0.190% | $2.0M | $4.0M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004425 | −0.182% | $42K | $276 | 5x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004423 | −0.235% | $66K | $13K | 3x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0202% | 1h | 0.004424 | −0.212% | $70K | $122K | 25x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0270% / S −0.0198% | 1h | 0.004421 | −0.280% | $53K | — | 100x | as long as short |
| 01 Exchange PUMPUSD | +0.0272% | 1h | 0.004427 | −0.144% | $6K | $625 | 10x | as long as short |
| Extended PUMP-USD | +0.0280% | 1h | 0.004423 | −0.229% | $3.9M | $4.3M | 50x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004430 | −0.077% | $3.6M | $4.5M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004423 | −0.240% | $2 | — | 3x | as long as short |
| Phoenix PUMP | +0.0345% | 1h | 0.004436 | +0.059% | $42K | $120K | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0440% | 1h | 0.004429 | −0.099% | $701K | $5.9M | 50x | as long as short |
| Hyperliquid PUMPshort | +0.0471% | 1h | 0.004430 | −0.077% | $166.0M | $54.9M | 10x | |
| RISEx PUMP/USDC | +0.0570% | 1h | 0.004425 | −0.178% | $526K | $1.0M | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0706% | 1h | 0.004436 | +0.059% | $38K | $204K | 12x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0800% | 1h | 0.004426 | −0.163% | $1.0M | $3.4M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.0993% | 1h | 0.004428 | −0.123% | $585 | $112K | 10x | as long as short |
OKX PUMP-USDT-SWAP
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
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
Deribit PUMP_USDC-PERPETUAL
GMX PUMP/USD [WBTC.b-USDC]
01 Exchange PUMPUSD
Extended PUMP-USD
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Phoenix PUMP
Coinbase International PUMP-PERP-INTX
RISEx PUMP/USDC
Injective PUMP/USDC PERP
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD