Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%

Price spread now: GRVT against Orderly+0.786%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.786% dearer against Orderly than usual: you sell high and buy low, +$79 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_PUMP_USDC	0.004454	0.0100	pay 0.0050% / 4h	2h 40m	$42K	$11K	10x
Short	GRVT PUMP_USDT_Perp	0.004489	0.0100	get 0.0050% / 4h	2h 40m	$1.3M	$10.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Orderly. 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 OrderlybpFee GRVTbpOrdersPrice spread, now +0.786%Rate

Funding earned: $0
Price spread: +0.786% → 0.000%: $78.58
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $63.58
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 3 min ago. Net counts fees only.

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 Orderly no order-book sample	—	—	—	—	—
Sell GRVT live order book, 3 min ago	1.12 bp	6.6 bp −$7	17.9 bp −$179	doesn't fit	doesn't fit

Orderly: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX PUMP-USD	−0.0021%	1h	0.004431	−0.510%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004458	+0.090%	$18K	$237K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004456	+0.045%	$69K	$115K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004456	+0.053%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0062%	4h	0.004436	−0.404%	$4.9M	$10.3M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004434	−0.449%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.212%	$28K	$619K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004462	+0.191%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004434	−0.449%	$706K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004433	−0.471%	$531K	$761K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004433	−0.471%	$80.9M	$164.2M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004430	−0.539%	$24.4M	$93.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004458	+0.099%	$32K	$161K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004465	+0.247%	$65K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004439	−0.337%	$23.7M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004437	−0.382%	$17.6M	$18.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004437	−0.382%	—	$13.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004445	−0.195%	$797K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004475	+0.477%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perpshort	+0.0100%	4h	0.004489	+0.786%	$1.3M	$10.1M	10x
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004472	+0.404%	$151K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004464	+0.225%	$110K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDClong	+0.0100%	4h	0.004454	long leg	$42K	$11K	10x
Derive PUMP-PERP	+0.0100%	1h	0.004455	+0.015%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004455	+0.022%	$2K	$736K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004456	+0.045%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004463	+0.202%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004448	−0.135%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004465	+0.256%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004439	−0.330%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004455	+0.022%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0200%	1h	0.004456	+0.045%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004467	+0.292%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004448	−0.135%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004459	+0.108%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004478	+0.539%	$46K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004453	−0.022%	$706K	$5.4M	50x	as long as short
Hyperliquid PUMP	+0.0529%	1h	0.004445	−0.202%	$166.4M	$48.6M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004483	+0.651%	$39K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004467	+0.284%	$531K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0821%	1h	0.004457	+0.062%	$1.0M	$3.2M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1091%	1h	0.004483	+0.642%	$519	$102K	10x	as long as short