Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%
Price spread now: GRVT against Polymarket Perps−0.112%63s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.092%−$9 on $10k
Price spread, last 7 days+0.126%+$13 · spread now −0.112%, 7d avg −0.016%
Together, before fees+0.034%+ Points / potential airdropGRVT: Active · farm board+$3 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 0.097% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.016%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps PUMP-USD0.0044460.0100pay 0.0013% / 1h20m 10s$105K$1.9M10x
ShortGRVT PUMP_USDT_Perp0.0044410.0100get 0.0050% / 4h3h 20m$1.2M$10.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Polymarket Perps. 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
$0
Price spread: −0.112% → −0.016%
−$9.7
Slippage, 4 orders
−$9.15
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$35.85
Costs to cover
0.262%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; GRVT: live order book, 4 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 Polymarket Perps live order book, 4 min ago2.25 bp6.3 bp −$68.5 bp −$85doesn't fitdoesn't fit
Sell GRVT live order book, 4 min ago1.13 bp6.5 bp −$723.5 bp −$235132.8 bp −$13.3Kdoesn'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
dYdX PUMP-USD−0.0036%1h0.004444−0.039%$20K$9K5xas long as short
Perpl PUMP0.0000%43m0.004441−0.112%$18K$205K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004441−0.112%$70K$124K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004440−0.134%$55K150xas long as short
Orderly PERP_PUMP_USDC+0.0052%4h0.004440−0.135%$42K$10K10xas long as short
OKX PUMP-USDT-SWAP+0.0089%4h0.004440−0.135%$23.4M$98.3M50xas long as short
Lighter PUMP+0.0096%1h0.004442−0.090%$2.9M$5.4M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−1.035%$29K$777K20xas long as short
Nado PUMP-PERP+0.0100%1h0.004443−0.056%$1.6M$2.0M10xas long as short
Aster PUMPUSDT+0.0100%4h0.004441−0.112%$721K$2.2M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PUMP+0.0100%1h0.004442−0.090%$469K$626K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004441−0.112%$79.8M$164.1M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004440−0.142%$26K$168K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004443−0.067%$43K$52K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004440−0.135%$4.8M$10.6M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004443−0.067%$23.5M$13.8M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004440−0.135%$17.8M$19.2M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004439−0.157%$12.8Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004441−0.119%$791K$174K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004433−0.303%$65K$3.0M20xas long as short
GRVT PUMP_USDT_Perpshort+0.0100%4h0.004441−0.112%$1.2M$10.4M10x
ApeX Omni PUMPUSDT+0.0100%1h0.004436−0.225%$140K$759K50xas long as short
Polymarket Perps PUMP-USDlong+0.0100%1h0.004446long leg$105K$1.9M10x
Derive PUMP-PERP+0.0100%1h0.004440−0.130%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004442−0.090%$2K$726K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004440−0.135%$279$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004440−0.135%$21K$135K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004442−0.090%$2.0M$4.0M20xas long as short
Paradex PUMP-USD-PERP+0.0100%8h0.004440−0.125%$42K$2765xas long as short
Extended PUMP-USD+0.0104%1h0.004439−0.146%$3.6M$3.6M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004436−0.225%$71K$12K3xas long as short
01 Exchange PUMPUSD+0.0224%1h0.0044460.000%$6K$83010xas long as short
Phoenix PUMP+0.0237%1h0.004450+0.081%$40K$99K10xas long as short
RISEx PUMP/USDC+0.0297%1h0.004444−0.045%$485K$1.0M10xas long as short
BloFin PUMP-USDT+0.0340%4h0.004441−0.112%$3.5M$4.5M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004440−0.139%$23xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0351% / S −0.0289%1h0.004439−0.157%$74K100xas long as short
Coinbase International PUMP-PERP-INTX+0.0352%1h0.004445−0.022%$690K$5.6M50xas long as short
Hyperliquid PUMP+0.0477%1h0.004448+0.045%$163.5M$53.5M10xas long as short
Injective PUMP/USDC PERP+0.0480%1h0.004444−0.045%$39K$203K12xas long as short
Aftermath Perps PUMPUSD+0.0635%1h0.004440−0.124%$388$108K10xas long as short
Kraken Futures PF_PUMPUSD+0.0925%1h0.004446+0.010%$1.3M$3.5M50xas long as short