Funding you earn now, next payment 09:00 UTC−0.0715%/8h= −78.3% APRpaid last 24h −0.288%
Price spread now: GRVT against Kraken Futures+0.105%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 7 days−0.523%−$52 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.105%, 7d avg −0.062%
=Together, before fees−0.601%+ Points / potential airdropGRVT: Active · farm board−$60 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.167% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.105% now, against its 7-day average of −0.062%): +$17 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.523% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PUMPUSD | 0.004545 | 0.0815 | pay 0.0102% / 1h | 39m 15s | $1.1M | $3.5M | 50x |
| Short | GRVT PUMP_USDT_Perp | 0.004550 | 0.0100 | get 0.0050% / 4h | 3h 39m | $1.3M | $10.9M | 10x |
Kraken Futures PF_PUMPUSD
GRVT PUMP_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Kraken Futures. 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
- −$150.13
- Price spread: +0.105% → −0.062%
- $16.7
- Slippage, 4 orders
- −$28.58
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$181.02
- Costs to cover
- 0.476%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; GRVT: live order book, 5 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 Kraken Futures live order book, 5 min ago | 3.29 bp | 12.4 bp −$12 | 31.2 bp −$312 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 1.10 bp | 6.6 bp −$7 | 31.8 bp −$318 | 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 | 0.004546 | +0.026% | $21K | $11K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004546 | +0.021% | $18K | $267K | 20x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0002% | 1h | 0.004542 | −0.057% | $55K | — | 150x | as long as short |
| Gate PUMP_USDT | +0.0046% | 4h | 0.004541 | −0.089% | $4.9M | $10.0M | 75x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004545 | −0.001% | $2.9M | $4.4M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004500 | −0.991% | $29K | $664K | 20x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004545 | +0.001% | $858K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004546 | +0.021% | $521K | $886K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004544 | −0.029% | $83.1M | $176.2M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004540 | −0.111% | $25.0M | $103.5M | 50x | as long as short |
dYdX PUMP-USD
Perpl PUMP
gTrade (Gains Network) PUMP/USD
Gate PUMP_USDT
Lighter PUMP
Popdex PUMPUSDT
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
OKX PUMP-USDT-SWAPShow 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 | 0.004544 | −0.023% | $27K | $163K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004550 | +0.109% | $50K | $140K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004548 | +0.065% | $24.7M | $13.8M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004542 | −0.067% | $17.8M | $19.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004543 | −0.045% | — | $14.4M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004545 | −0.003% | $815K | $214K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004549 | +0.077% | $67K | $3.2M | 20x | as long as short |
| GRVT PUMP_USDT_Perpshort | +0.0100% | 4h | 0.004550 | +0.105% | $1.3M | $10.9M | 10x | |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004550 | +0.109% | $162K | $747K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004545 | −0.001% | $107K | $2.3M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004542 | −0.067% | $42K | $2K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004545 | +0.009% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004544 | −0.023% | $2K | $787K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004543 | −0.045% | $260 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004541 | −0.089% | $23K | $124K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004541 | −0.089% | $2.0M | $3.9M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0102% | 8h | 0.004545 | −0.012% | $43K | $276 | 5x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004542 | −0.060% | $3.8M | $3.9M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004541 | −0.089% | $67K | $10K | 3x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0190% | 1h | 0.004545 | −0.001% | $70K | $116K | 25x | as long as short |
| Hyperliquid PUMP | +0.0217% | 1h | 0.004547 | +0.043% | $169.9M | $51.2M | 10x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0304% / S −0.0274% | 1h | 0.004542 | −0.067% | $65K | — | 100x | as long as short |
| Phoenix PUMP | +0.0332% | 1h | 0.004553 | +0.170% | $44K | $146K | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004541 | −0.089% | $3.8M | $4.7M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004543 | −0.050% | $2 | — | 3x | as long as short |
| Injective PUMP/USDC PERP | +0.0344% | 1h | 0.004582 | +0.813% | $38K | $204K | 12x | as long as short |
| 01 Exchange PUMPUSD | +0.0360% | 1h | 0.004549 | +0.087% | $6K | $600 | 10x | as long as short |
| Nado PUMP-PERP | +0.0421% | 1h | 0.004547 | +0.054% | $1.7M | $2.2M | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0544% | 1h | 0.004554 | +0.197% | $739K | $6.2M | 50x | as long as short |
| RISEx PUMP/USDC | +0.0741% | 1h | 0.004549 | +0.087% | $530K | $1.1M | 10x | as long as short |
| Kraken Futures PF_PUMPUSDlong | +0.0815% | 1h | 0.004545 | long leg | $1.1M | $3.5M | 50x | |
| Aftermath Perps PUMPUSD | +0.1006% | 1h | 0.004549 | +0.086% | $503 | $110K | 10x | as long as short |
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
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
Extended PUMP-USD
Aevo PUMP-PERP
Deribit PUMP_USDC-PERPETUAL
Hyperliquid PUMP
GMX PUMP/USD [WBTC.b-USDC]
Phoenix PUMP
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Injective PUMP/USDC PERP
01 Exchange PUMPUSD
Nado PUMP-PERP
Coinbase International PUMP-PERP-INTX
RISEx PUMP/USDC
Aftermath Perps PUMPUSD