Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: GRVT against KuCoin+0.328%7-day average −0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$91as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$650.649% of the position

Long on KuCoin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.256%−$26 on $10k

Price spread, last 7 days−0.315%−$31 · spread now +0.328%, 7d avg −0.060%

Together, before fees−0.571%+ Points / potential airdropGRVT: Active · farm board−$57 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: GRVT is 0.388% dearer against KuCoin than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of −0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin PUMPUSDTM	0.004363	0.0100	pay 0.0050% / 4h	51m 14s	$23.3M	$14.0M	50x
Short	GRVT PUMP_USDT_Perp	0.004377	0.0100	get 0.0050% / 4h	51m 14s	$1.2M	$10.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against KuCoin. 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 KuCoinbpFee GRVTbpOrdersPrice spread, now +0.328%Rate

Funding earned: $0
Price spread: +0.328% → −0.060%: $38.83
Slippage, 4 orders: −$43.92
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$26.09
Costs to cover: 0.649%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; GRVT: live order book, 3 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 KuCoin live order book, 3 min ago	2.29 bp	30.7 bp −$31	72.7 bp −$727	doesn't fit	doesn't fit
Sell GRVT live order book, 3 min ago	1.14 bp	6.6 bp −$7	31.4 bp −$314	122.8 bp −$12.3K	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	−0.0443%	1h	0.004368	+0.115%	$774K	$199K	5x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004367	+0.097%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004360	−0.069%	$17K	$235K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004357	−0.127%	$52K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004358	−0.115%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.444%	$29K	$818K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004364	+0.023%	$686K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004365	+0.046%	$484K	$817K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004359	−0.097%	$79.3M	$172.8M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004357	−0.138%	$23.8M	$96.5M	50x	as long as short

Show 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	0.004378	+0.355%	$36K	$186K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004364	+0.023%	$61K	$102K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004358	−0.115%	$4.8M	$11.2M	75x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004363	long leg	$23.3M	$14.0M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004358	−0.115%	$17.4M	$20.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004358	−0.115%	—	$13.0M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004379	+0.358%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perpshort	+0.0100%	4h	0.004377	+0.328%	$1.2M	$10.5M	10x
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004379	+0.367%	$145K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004364	+0.023%	$97K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004357	−0.138%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004358	−0.122%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004359	−0.092%	$2K	$764K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004358	−0.115%	$273	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004354	−0.206%	$21K	$112K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004359	−0.092%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004365	+0.046%	$41K	$276	5x	as long as short
Nado PUMP-PERP	+0.0102%	1h	0.004360	−0.057%	$1.6M	$2.1M	10x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004355	−0.183%	$69K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004358	−0.115%	$59K	—	100x	as long as short
Extended PUMP-USD	+0.0200%	1h	0.004357	−0.130%	$3.8M	$4.3M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0209%	1h	0.004360	−0.069%	$69K	$124K	25x	as long as short
01 Exchange PUMPUSD	+0.0256%	1h	0.004362	−0.023%	$6K	$727	10x	as long as short
Hyperliquid PUMP	+0.0276%	1h	0.004366	+0.069%	$162.8M	$56.1M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004355	−0.183%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004360	−0.074%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004377	+0.321%	$42K	$120K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004365	+0.046%	$691K	$5.8M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004365	+0.046%	$519K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004374	+0.252%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0813%	1h	0.004360	−0.065%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0894%	1h	0.004387	+0.554%	$579	$115K	10x	as long as short