PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.16 per $10,000 · paid last 24h −0.405%

Price spread now: Injective against GMX−0.134%57s7-day average — · you buy dearer than you sell

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

Long on GMX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Injective is 0.134% cheaper against GMX than usual: you would sell low and buy high (spread −0.134% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 3.6 days of funding at the current rate (+$4 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX PUMP/USD [WBTC.b-USDC]	0.004487	L +0.0356% / S −0.0294%	pay 0.0044% / 1h	6m 11s	$74K	—	100x
Short	Injective PUMP/USDC PERP	0.004481	0.0480	get 0.0060% / 1h	6m 11s	$39K	$204K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against GMX. 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 GMXbpFee InjectivebpOrdersPrice spread, now −0.134%Rate

Funding earned: $26.11
Price spread: −0.134% → 0.000%: −$13.37
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $0.72
Costs to cover: 0.120%
Break-even: 6.8 days

Slippage unknown: GMX: no order-book sample; Injective: 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 GMX no order-book sample	—	—	—	—	—
Sell Injective live order book, 3 min ago	22.38 bp	31.5 bp −$31	doesn't fit	doesn't fit	doesn't fit

GMX: 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	−0.1754%	1h	0.004487	0.000%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004483	−0.089%	$18K	$201K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004487	0.000%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004487	−0.011%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0053%	4h	0.004486	−0.022%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004492	+0.111%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.939%	$27K	$771K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004482	−0.100%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004488	+0.015%	$718K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004488	+0.022%	$480K	$639K	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	0.004491	+0.087%	$81.0M	$163.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004494	+0.156%	$23.6M	$98.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004475	−0.259%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004484	−0.067%	$41K	$57K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004484	−0.067%	$4.9M	$10.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004491	+0.089%	$23.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004491	+0.089%	$18.0M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004485	−0.045%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004492	+0.109%	$800K	$172K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004481	−0.132%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004476	−0.245%	$1.3M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004477	−0.223%	$141K	$760K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004492	+0.111%	$108K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004486	−0.025%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004489	+0.045%	$2K	$724K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004492	+0.111%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004480	−0.156%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004489	+0.045%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004485	−0.052%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004488	+0.031%	$3.7M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004485	−0.045%	$72K	$11K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004482	−0.111%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004498	+0.247%	$39K	$99K	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004484	−0.062%	$489K	$995K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004486	−0.022%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004488	+0.015%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004495	+0.178%	$700K	$5.7M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]long	L +0.0356% / S −0.0294%	1h	0.004487	long leg	$74K	—	100x
Injective PUMP/USDC PERPshort	+0.0480%	1h	0.004481	−0.134%	$39K	$204K	12x
Hyperliquid PUMP	+0.0583%	1h	0.004492	+0.111%	$166.3M	$53.7M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0706%	1h	0.004481	−0.133%	$392	$109K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0915%	1h	0.004498	+0.235%	$1.3M	$3.0M	50x	as long as short