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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0130%/8h= +14.2% APRnext payment +$0.16 per $10,000 · paid last 24h +0.138%
Price spread now: GMX against Hyperliquid−0.069%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.069% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 43 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid PUMP0.0043370.0100pay 0.0013% / 1h24m 16s$158.8M$52.2M10x
ShortGMX PUMP/USD [WBTC.b-USDC]0.004334L +0.0312% / S −0.0230%get 0.0029% / 1h24m 16s$67K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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
$27.25
Price spread: −0.069% → 0.000%
−$6.92
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
−$0.66
Costs to cover
0.210%
Break-even
7.2 days
Slippage unknown: Hyperliquid: live order book, 10 min ago; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 10 min ago1.15 bp8.8 bp −$921.3 bp −$213doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
dYdX PUMP-USD−0.5303%1h0.004334−0.069%$20K$8K5xas long as short
OKX PUMP-USDT-SWAP−0.0047%4h0.004333−0.092%$22.7M$95.5M50xas long as short
Orderly PERP_PUMP_USDC−0.0008%4h0.004333−0.092%$41K$10K10xas long as short
Perpl PUMP0.0000%43m0.004332−0.115%$20K$203K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004336−0.023%$69K$126K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004334−0.067%$55K150xas long as short
Backpack PUMP_USDC_PERP+0.0054%1h0.004335−0.048%$773K$180K5xas long as short
Lighter PUMP+0.0096%1h0.004335−0.046%$2.9M$5.5M10xas long as short
01 Exchange PUMPUSD+0.0096%1h0.004334−0.069%$6K$49710xas long as short
Popdex PUMPUSDT+0.0096%1h0.004300−0.853%$29K$764K20xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate PUMP_USDT+0.0098%4h0.004331−0.138%$4.6M$11.7M75xas long as short
Paradex PUMP-USD-PERP+0.0100%8h0.004333−0.102%$42K5xas long as short
Nado PUMP-PERP+0.0100%1h0.004332−0.127%$1.6M$2.0M10xas long as short
Hyperliquid PUMPlong+0.0100%1h0.004337long leg$158.8M$52.2M10x
Aster PUMPUSDT+0.0100%4h0.004332−0.115%$784K$2.0M50xas long as short
Pacifica PUMP+0.0100%1h0.004335−0.046%$449K$606K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004335−0.046%$77.2M$163.2M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004333−0.088%$25K$173K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004333−0.092%$42K$53K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.0043370.000%$22.9M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004335−0.046%$17.2M$19.1M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004332−0.115%$12.7Mas long as short
edgeX PUMPUSDC+0.0100%4h0.004326−0.264%$64K$3.0M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004327−0.241%$1.2M$9.7M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004330−0.161%$137K$767K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004334−0.069%$91K$1.9M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004336−0.015%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004335−0.046%$1K$712K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004335−0.046%$715$6K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004332−0.115%$21K$139K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004335−0.046%$2.0M$4.0M20xas long as short
Extended PUMP-USD+0.0104%1h0.004334−0.077%$3.6M$3.7M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004334−0.069%$71K$18K3xas long as short
RISEx PUMP/USDC+0.0147%1h0.004334−0.063%$491K$1.0M10xas long as short
Phoenix PUMP+0.0185%1h0.004329−0.178%$39K$99K10xas long as short
Coinbase International PUMP-PERP-INTX+0.0280%1h0.004338+0.023%$668K$5.4M50xas long as short
GMX PUMP/USD [WBTC.b-USDC]shortL +0.0312% / S −0.0230%1h0.004334−0.069%$67K100x
BloFin PUMP-USDT+0.0340%4h0.004329−0.184%$3.4M$3.7M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004330−0.163%$23xas long as short
Aftermath Perps PUMPUSD+0.0417%1h0.004328−0.214%$180$107K10xas long as short
Injective PUMP/USDC PERP+0.0652%1h0.004333−0.092%$38K$207K12xas long as short
Kraken Futures PF_PUMPUSD+0.0806%1h0.004341+0.082%$1.3M$3.5M50xas long as short