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

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0132%/8h= +14.4% APRnext payment +$0.16 per $10,000 · paid last 24h +0.126%
Price spread now: GMX against Hyperliquid−0.182%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding pays, the price is against you. GMX is 0.182% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.182% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 4.6 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid PUMP0.0043840.0148pay 0.0019% / 1h4m 55s$161.2M$53.3M10x
ShortGMX PUMP/USD [WBTC.b-USDC]0.004376L +0.0339% / S −0.0280%get 0.0035% / 1h4m 55s$74K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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
$27.69
Price spread: −0.182% → 0.000%
−$18.25
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
−$11.56
Costs to cover
0.210%
Break-even
9.9 days
Slippage unknown: Hyperliquid: live order book, 9 min ago; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago1.14 bp9.6 bp −$1021.9 bp −$219doesn't fitdoesn't fit
Sell GMX no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.0048%1h0.004379−0.104%$20K$9K5xas long as short
Perpl PUMP0.0000%43m0.004374−0.228%$18K$207K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004378−0.137%$69K$125K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004376−0.177%$55K150xas long as short
OKX PUMP-USDT-SWAP+0.0021%4h0.004383−0.023%$23.0M$97.3M50xas long as short
Orderly PERP_PUMP_USDC+0.0029%4h0.004375−0.205%$41K$10K10xas long as short
Lighter PUMP+0.0096%1h0.004377−0.160%$2.9M$5.5M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004300−1.916%$30K$773K20xas long as short
Paradex PUMP-USD-PERP+0.0100%8h0.004374−0.224%$42K5xas long as short
Nado PUMP-PERP+0.0100%1h0.004374−0.217%$1.6M$2.0M10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PUMPUSDT+0.0100%4h0.004377−0.156%$729K$2.3M50xas long as short
Pacifica PUMP+0.0100%1h0.004376−0.182%$458K$604K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004383−0.027%$78.3M$164.7M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004375−0.203%$26K$165K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004376−0.182%$42K$53K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004382−0.046%$4.7M$11.5M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004380−0.091%$23.3M$13.9M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004383−0.023%$17.5M$19.2M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004381−0.068%$12.9Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004377−0.157%$780K$182K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004375−0.204%$65K$3.0M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004378−0.144%$1.2M$10.0M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004377−0.160%$138K$761K50xas long as short
Polymarket Perps PUMP-USD+0.0100%1h0.004381−0.068%$96K$1.9M10xas long as short
Derive PUMP-PERP+0.0100%1h0.004377−0.155%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004378−0.137%$2K$722K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004376−0.182%$279$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004374−0.228%$21K$137K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004377−0.160%$2.0M$4.0M20xas long as short
Extended PUMP-USD+0.0104%1h0.004382−0.054%$3.6M$3.6M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004375−0.205%$72K$18K3xas long as short
Hyperliquid PUMPlong+0.0148%1h0.004384long leg$161.2M$53.3M10x
Phoenix PUMP+0.0164%1h0.004380−0.080%$39K$100K10xas long as short
Injective PUMP/USDC PERP+0.0182%1h0.004382−0.046%$39K$207K12xas long as short
RISEx PUMP/USDC+0.0194%1h0.004377−0.160%$489K$1.0M10xas long as short
01 Exchange PUMPUSD+0.0208%1h0.004379−0.114%$6K$83010xas long as short
Coinbase International PUMP-PERP-INTX+0.0312%1h0.004382−0.046%$694K$5.6M50xas long as short
GMX PUMP/USD [WBTC.b-USDC]shortL +0.0339% / S −0.0280%1h0.004376−0.182%$74K100x
BloFin PUMP-USDT+0.0340%4h0.004374−0.228%$3.5M$4.1M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004376−0.185%$23xas long as short
Aftermath Perps PUMPUSD+0.0483%1h0.004377−0.163%$382$106K10xas long as short
Kraken Futures PF_PUMPUSD+0.0862%1h0.004381−0.062%$1.3M$3.5M50xas long as short