Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0780%/8h= +85.4% APRpaid last 24h −0.275%
Price spread now: Injective against GRVT−0.319%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$900.902% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.017%−$102 on $10k
Price spread, last 4 days (all we have)+0.478%+$48 · spread now −0.319%, 7d avg +0.019%
Together, before fees−0.538%+ Points / potential airdropGRVT: Active · farm board−$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Injective is 0.338% cheaper against GRVT than usual: you would sell low and buy high (spread −0.319% now, against its 7-day average of +0.019%). If the spread goes back, that is −$34 on $10k: about 35 hours of funding at the current rate (+$23 a day). Mind the row above: over the last 7 days funding on this pair cost −1.017%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT PUMP_USDT_Perp0.0044690.0100pay 0.0050% / 4h1h 17m$1.3M$10.7M10x
ShortInjective PUMP/USDC PERP0.0044550.0880get 0.0110% / 1h17m 47s$39K$204K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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

Funding earned
$163.7
Price spread: −0.319% → +0.019%
−$33.8
Slippage, 4 orders
−$81.22
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$39.66
Costs to cover
0.902%
Break-even
5.3 days
Slippage from GRVT: live order book, 1 min ago; Injective: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 1 min ago1.11 bp5.8 bp −$617.7 bp −$17794.7 bp −$9,466doesn't fit
Sell Injective live order book, 46 min ago17.81 bp27.0 bp −$27doesn't fitdoesn't fitdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl PUMP−0.0112%43m0.004486+0.375%$18K$230K20xas long as short
dYdX PUMP-USD−0.0009%1h0.004483+0.310%$21K$9K5xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004485+0.353%$71K$124K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004482+0.281%$54K150xas long as short
Lighter PUMP+0.0096%1h0.004487+0.397%$2.9M$5.5M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−1.549%$31K$794K20xas long as short
Orderly PERP_PUMP_USDC+0.0099%4h0.004483+0.308%$42K$10K10xas long as short
Nado PUMP-PERP+0.0100%1h0.004488+0.409%$1.7M$2.0M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004486+0.372%$706K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004487+0.397%$491K$783K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PUMPUSDT+0.0100%4h0.004486+0.378%$81.6M$170.5M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004485+0.353%$24.4M$98.7M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004475+0.131%$37K$191K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004489+0.442%$51K$76K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004484+0.330%$5.0M$11.3M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004490+0.465%$23.9M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004483+0.308%$17.7M$19.9M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004484+0.330%$12.9Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004486+0.368%$796K$189K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004472+0.060%$65K$3.1M20xas long as short
GRVT PUMP_USDT_Perplong+0.0100%4h0.004469long leg$1.3M$10.7M10x
ApeX Omni PUMPUSDT+0.0100%1h0.004478+0.196%$149K$751K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004490+0.465%$109K$2.1M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004483+0.305%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004489+0.442%$2K$754K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004485+0.353%$281$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004478+0.196%$21K$119K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004483+0.308%$2.0M$4.0M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004485+0.363%$43K$2765xas long as short
Aevo PUMP-PERP+0.0104%1h0.004481+0.263%$71K$11K3xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0191% / S −0.0050%1h0.004481+0.263%$60K100xas long as short
Extended PUMP-USD+0.0264%1h0.004485+0.361%$3.8M$4.2M50xas long as short
01 Exchange PUMPUSD+0.0296%1h0.004492+0.509%$6K$72710xas long as short
Phoenix PUMP+0.0321%1h0.004480+0.232%$43K$103K10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004488+0.420%$3.7M$4.5M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004485+0.346%$23xas long as short
Coinbase International PUMP-PERP-INTX+0.0448%1h0.004490+0.465%$718K$6.0M50xas long as short
Hyperliquid PUMP+0.0507%1h0.004490+0.465%$168.0M$55.8M10xas long as short
RISEx PUMP/USDC+0.0544%1h0.004491+0.478%$534K$994K10xas long as short
Aftermath Perps PUMPUSD+0.0863%1h0.004477+0.174%$591$117K10xas long as short
Injective PUMP/USDC PERPshort+0.0880%1h0.004455−0.319%$39K$204K12x
Kraken Futures PF_PUMPUSD+0.1333%1h0.004487+0.399%$1.1M$3.3M50xas long as short