Ruin Explorer
Legend
Yeah, but not quickly. It would gradually jet out as the block (which would necessarily be somewhat smaller than that) slowly sank. The closer to 10x10x10, the slower it's likely to be, because the amount of goo that can leak out will be limited. It's also possible it just stops at some point, because the block is unstable, and it's goo, not water - so the block may well lean slightly in a direction and then jam.With 10' x 10' 10' block of solid granite it would most certainly be completely spilled out of the pit.
Also, if it's granite and that big, it's not rope, and you're altering the scenario to make it a magical rope or giant's hair or w/e, which is not the trap as written.