Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: KuCoin against GRVT−0.327%7-day average +0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$650.649% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.256%+$26 on $10k

Price spread, last 7 days+0.314%+$31 · spread now −0.327%, 7d avg +0.060%

Together, before fees+0.570%+ Points / potential airdropGRVT: Active · farm board+$57 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: KuCoin is 0.387% cheaper against GRVT than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT PUMP_USDT_Perp	0.004377	0.0100	pay 0.0050% / 4h	51m 14s	$1.2M	$10.5M	10x
Short	KuCoin PUMPUSDTM	0.004363	0.0100	get 0.0050% / 4h	51m 14s	$23.3M	$14.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.327%Rate

Funding earned: $0
Price spread: −0.327% → +0.060%: −$38.72
Slippage, 4 orders: −$43.92
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$103.64
Costs to cover: 0.649%
Break-even: never at this rate

Slippage from GRVT: live order book, 3 min ago; KuCoin: 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	6.6 bp −$7	22.5 bp −$225	95.1 bp −$9,513	doesn't fit
Sell KuCoin live order book, 3 min ago	2.29 bp	21.1 bp −$21	54.2 bp −$542	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
Backpack PUMP_USDC_PERP	−0.0443%	1h	0.004368	−0.213%	$774K	$199K	5x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004367	−0.230%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004360	−0.395%	$17K	$235K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004357	−0.454%	$52K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004358	−0.441%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.766%	$29K	$818K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004364	−0.304%	$686K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004365	−0.281%	$484K	$817K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004359	−0.423%	$79.3M	$172.8M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004357	−0.464%	$23.8M	$96.5M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004378	+0.027%	$36K	$186K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004364	−0.304%	$61K	$102K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004358	−0.441%	$4.8M	$11.2M	75x	as long as short
KuCoin PUMPUSDTMshort	+0.0100%	4h	0.004363	−0.327%	$23.3M	$14.0M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004358	−0.441%	$17.4M	$20.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004358	−0.441%	—	$13.0M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004379	+0.030%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perplong	+0.0100%	4h	0.004377	long leg	$1.2M	$10.5M	10x
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004379	+0.039%	$145K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004364	−0.304%	$97K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004357	−0.464%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004358	−0.448%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004359	−0.418%	$2K	$764K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004358	−0.441%	$273	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004354	−0.532%	$21K	$112K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004359	−0.418%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004365	−0.281%	$41K	$276	5x	as long as short
Nado PUMP-PERP	+0.0102%	1h	0.004360	−0.384%	$1.6M	$2.1M	10x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004355	−0.509%	$69K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004358	−0.441%	$59K	—	100x	as long as short
Extended PUMP-USD	+0.0200%	1h	0.004357	−0.456%	$3.8M	$4.3M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0209%	1h	0.004360	−0.395%	$69K	$124K	25x	as long as short
01 Exchange PUMPUSD	+0.0256%	1h	0.004362	−0.350%	$6K	$727	10x	as long as short
Hyperliquid PUMP	+0.0276%	1h	0.004366	−0.258%	$162.8M	$56.1M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004355	−0.509%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004360	−0.400%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004377	−0.007%	$42K	$120K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004365	−0.281%	$691K	$5.8M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004365	−0.281%	$519K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004374	−0.075%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0813%	1h	0.004360	−0.391%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0894%	1h	0.004387	+0.226%	$579	$115K	10x	as long as short