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: GRVT against Injective+0.320%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs+$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$910.909% 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)−0.479%−$48 · spread now +0.320%, 7d avg −0.019%
Together, before fees+0.537%+ Points / potential airdropGRVT: Active · farm board+$54 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.339% dearer against Injective than usual: you sell high and buy low (spread +0.320% now, against its 7-day average of −0.019%): +$34 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 35 hours. Mind the row above: over the last 7 days funding on this pair paid +1.017%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective PUMP/USDC PERP0.0044550.0880pay 0.0110% / 1h18m 04s$39K$204K12x
ShortGRVT PUMP_USDT_Perp0.0044690.0100get 0.0050% / 4h1h 18m$1.3M$10.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Injective. 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: +0.320% → −0.019%
$33.9
Slippage, 4 orders
−$81.88
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$220.7
Costs to cover
0.909%
Break-even
never at this rate
Slippage from Injective: live order book, 46 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 46 min ago17.81 bp50.9 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 6 min ago1.12 bp6.6 bp −$725.8 bp −$258137.5 bp −$13.8Kdoesn'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+0.696%$18K$230K20xas long as short
dYdX PUMP-USD−0.0009%1h0.004483+0.631%$21K$9K5xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004485+0.673%$71K$124K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0002% / S −0.0002%1h0.004482+0.601%$54K150xas long as short
Lighter PUMP+0.0096%1h0.004487+0.718%$2.9M$5.5M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−1.235%$31K$794K20xas long as short
Orderly PERP_PUMP_USDC+0.0099%4h0.004483+0.629%$42K$10K10xas long as short
Nado PUMP-PERP+0.0100%1h0.004488+0.730%$1.7M$2.0M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004484+0.657%$706K$2.4M50xas long as short
Pacifica PUMP+0.0100%1h0.004487+0.718%$491K$783K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PUMPUSDT+0.0100%4h0.004486+0.699%$81.6M$170.5M75xas long as short
OKX PUMP-USDT-SWAP+0.0100%4h0.004485+0.673%$24.4M$98.7M50xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004475+0.451%$37K$191K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004489+0.763%$51K$76K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004482+0.606%$5.0M$11.3M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004490+0.786%$23.9M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004486+0.696%$17.7M$19.9M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004483+0.629%$12.9Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004486+0.689%$796K$189K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004472+0.380%$65K$3.1M20xas long as short
GRVT PUMP_USDT_Perpshort+0.0100%4h0.004469+0.320%$1.3M$10.7M10x
ApeX Omni PUMPUSDT+0.0100%1h0.004478+0.516%$149K$751K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004490+0.786%$109K$2.1M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004483+0.625%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004489+0.763%$2K$754K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004485+0.673%$281$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004478+0.516%$21K$119K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004483+0.629%$2.0M$4.0M20xas long as short
Paradex PUMP-USD-PERP+0.0101%8h0.004485+0.683%$43K$2765xas long as short
Aevo PUMP-PERP+0.0104%1h0.004481+0.584%$71K$11K3xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0191% / S −0.0050%1h0.004481+0.584%$60K100xas long as short
Extended PUMP-USD+0.0264%1h0.004485+0.681%$3.8M$4.2M50xas long as short
01 Exchange PUMPUSD+0.0296%1h0.004492+0.831%$6K$72710xas long as short
Phoenix PUMP+0.0321%1h0.004480+0.552%$43K$103K10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004488+0.741%$3.7M$4.5M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004485+0.667%$23xas long as short
Coinbase International PUMP-PERP-INTX+0.0448%1h0.004490+0.786%$718K$6.0M50xas long as short
Hyperliquid PUMP+0.0509%1h0.004492+0.831%$168.0M$55.8M10xas long as short
RISEx PUMP/USDC+0.0544%1h0.004491+0.799%$534K$994K10xas long as short
Aftermath Perps PUMPUSD+0.0863%1h0.004477+0.494%$591$117K10xas long as short
Injective PUMP/USDC PERPlong+0.0880%1h0.004455long leg$39K$204K12x
Kraken Futures PF_PUMPUSD+0.1333%1h0.004487+0.720%$1.1M$3.3M50xas long as short