Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.034%

Price spread now: Polymarket Perps against GRVT+0.101%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$300.300% of the position

Long on GRVT Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.073%+$7 on $10k

Price spread, last 7 days−0.087%−$9 · spread now +0.101%, 7d avg +0.017%

Together, before fees−0.013%+ Points / potential airdropGRVT: Active · farm board−$1 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: Polymarket Perps is 0.085% dearer against GRVT than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT PUMP_USDT_Perp	0.004502	0.0100	pay 0.0050% / 4h	1h 45m	$1.3M	$10.6M	10x
Short	Polymarket Perps PUMP-USD	0.004507	0.0100	get 0.0013% / 1h	45m 04s	$106K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.101%Rate

Funding earned: $0
Price spread: +0.101% → +0.017%: $8.48
Slippage, 4 orders: −$12.98
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$21.5
Costs to cover: 0.300%
Break-even: never at this rate

Slippage from GRVT: live order book, 4 min ago; Polymarket Perps: 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	1.11 bp	6.6 bp −$7	24.8 bp −$248	113.3 bp −$11.3K	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	1.11 bp	11.7 bp −$12	12.2 bp −$122	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	0.0000%	1h	0.004485	−0.387%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004502	−0.010%	$18K	$222K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004502	−0.010%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004499	−0.071%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0093%	4h	0.004502	−0.010%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004504	+0.035%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.054%	$27K	$779K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004503	+0.024%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004501	−0.023%	$709K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004491	−0.254%	$521K	$725K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004503	+0.021%	$82.5M	$169.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004504	+0.035%	$24.5M	$99.5M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004502	−0.010%	$26K	$187K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004501	−0.032%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004500	−0.054%	$5.0M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004506	+0.079%	$24.0M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004503	+0.013%	$17.8M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004498	−0.099%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004505	+0.061%	$799K	$187K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004497	−0.111%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perplong	+0.0100%	4h	0.004502	long leg	$1.3M	$10.6M	10x
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004513	+0.235%	$150K	$751K	50x	as long as short
Polymarket Perps PUMP-USDshort	+0.0100%	1h	0.004507	+0.101%	$106K	$2.1M	10x
Derive PUMP-PERP	+0.0100%	1h	0.004502	−0.008%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004499	−0.076%	$2K	$748K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004502	−0.010%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004496	−0.143%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004501	−0.032%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004499	−0.070%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004496	−0.143%	$72K	$8K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0232% / S −0.0084%	1h	0.004499	−0.076%	$61K	—	100x	as long as short
Extended PUMP-USD	+0.0296%	1h	0.004499	−0.069%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004507	+0.101%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004508	+0.117%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004504	+0.035%	$3.7M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004503	+0.007%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004505	+0.057%	$701K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004505	+0.049%	$535K	$982K	10x	as long as short
Hyperliquid PUMP	+0.0628%	1h	0.004511	+0.190%	$168.7M	$56.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0862%	1h	0.004504	+0.028%	$595	$114K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004503	+0.013%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1327%	1h	0.004508	+0.122%	$1.4M	$3.0M	50x	as long as short