Funding you earn now, next payment 04:00 UTC−0.0190%/8h= −20.8% APRpaid last 24h −0.025%
Price spread now: GRVT against Hyperliquid+0.185%85s7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as 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−$350.348% of the position
Funding, last 7 days−0.244%−$24 on $10k
+Price spread, last 7 days−0.149%−$15 · spread now +0.185%, 7d avg −0.047%
=Together, before fees−0.394%+ Points / potential airdropHyperliquid: Season 2 · GRVT: Active · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.232% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of −0.047%): +$23 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.1 days. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid PUMP | 0.004391 | 0.0290 | pay 0.0036% / 1h | 57m 58s | $164.1M | $56.1M | 10x |
| Short | GRVT PUMP_USDT_Perp | 0.004399 | 0.0100 | get 0.0050% / 4h | 57m 58s | $1.2M | $10.6M | 10x |
Hyperliquid PUMP
GRVT PUMP_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Hyperliquid. 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
- −$39.97
- Price spread: +0.185% → −0.047%
- $23.24
- Slippage, 4 orders
- −$16.79
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$51.52
- Costs to cover
- 0.348%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 6 min ago; GRVT: live order book, 6 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 Hyperliquid live order book, 6 min ago | 1.13 bp | 10.8 bp −$11 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 6 min ago | 1.14 bp | 6.6 bp −$7 | 26.9 bp −$269 | 117.5 bp −$11.8K | 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 | −0.0747% | 1h | 0.004384 | −0.164% | $778K | $193K | 5x | as long as short |
| Perpl PUMP | −0.0112% | 43m | 0.004395 | +0.091% | $18K | $232K | 20x | as long as short |
| dYdX PUMP-USD | 0.0000% | 1h | 0.004400 | +0.208% | $20K | $9K | 5x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004392 | +0.023% | $70K | $124K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004392 | +0.013% | $53K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004390 | −0.023% | $2.8M | $5.4M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004300 | −2.072% | $28K | $823K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004396 | +0.125% | $1.6M | $2.1M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004386 | −0.114% | $690K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004401 | +0.228% | $488K | $817K | 10x | as long as short |
Backpack PUMP_USDC_PERP
Perpl PUMP
dYdX PUMP-USD
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Lighter PUMP
Popdex PUMPUSDT
Nado PUMP-PERP
Aster PUMPUSDT
Pacifica PUMPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance PUMPUSDT | +0.0100% | 4h | 0.004385 | −0.135% | $79.6M | $171.9M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004384 | −0.159% | $23.9M | $97.2M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004398 | +0.171% | $36K | $189K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004399 | +0.182% | $60K | $86K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004382 | −0.205% | $4.8M | $11.1M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004388 | −0.068% | $23.4M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004386 | −0.114% | $17.4M | $20.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004384 | −0.159% | — | $12.9M | — | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004398 | +0.149% | $64K | $3.1M | 20x | as long as short |
| GRVT PUMP_USDT_Perpshort | +0.0100% | 4h | 0.004399 | +0.185% | $1.2M | $10.6M | 10x | |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004401 | +0.228% | $147K | $751K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004398 | +0.159% | $101K | $2.1M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004391 | 0.000% | $41K | $11K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004391 | +0.011% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004394 | +0.068% | $1K | $760K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004393 | +0.046% | $276 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004394 | +0.068% | $21K | $117K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004390 | −0.023% | $2.0M | $4.0M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004401 | +0.237% | $42K | $276 | 5x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004389 | −0.046% | $70K | $11K | 3x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0191% / S −0.0050% | 1h | 0.004391 | 0.000% | $59K | — | 100x | as long as short |
| Extended PUMP-USD | +0.0216% | 1h | 0.004384 | −0.148% | $3.8M | $4.3M | 50x | as long as short |
| 01 Exchange PUMPUSD | +0.0256% | 1h | 0.004399 | +0.182% | $6K | $727 | 10x | as long as short |
| Hyperliquid PUMPlong | +0.0290% | 1h | 0.004391 | long leg | $164.1M | $56.1M | 10x | |
| Phoenix PUMP | +0.0321% | 1h | 0.004406 | +0.351% | $43K | $102K | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004400 | +0.205% | $3.7M | $4.4M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004394 | +0.064% | $2 | — | 3x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0440% | 1h | 0.004403 | +0.273% | $689K | $5.8M | 50x | as long as short |
| RISEx PUMP/USDC | +0.0570% | 1h | 0.004398 | +0.171% | $523K | $1.0M | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0706% | 1h | 0.004399 | +0.182% | $38K | $204K | 12x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0806% | 1h | 0.004395 | +0.093% | $1.1M | $3.4M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.0881% | 1h | 0.004409 | +0.408% | $582 | $115K | 10x | as long as short |
Binance PUMPUSDT
OKX PUMP-USDT-SWAP
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
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
GMX PUMP/USD [WBTC.b-USDC]
Extended PUMP-USD
01 Exchange PUMPUSD
Phoenix PUMP
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Coinbase International PUMP-PERP-INTX
RISEx PUMP/USDC
Injective PUMP/USDC PERP
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD