Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against ApeX Omni−0.402%76s7-day average −0.102% · you buy dearer than you sell

Net, funding: paid 7d − costs−$223as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2252.246% of the position

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 4 days (all we have)+0.265%+$27 · spread now −0.402%, 7d avg −0.102%

Together, before fees+0.277%+$28 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: HTX is 0.300% cheaper against ApeX Omni than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of −0.102%. The two prices were read 76 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	ApeX Omni PUMPUSDT	0.004483	0.0100	pay 0.0013% / 1h	10m 20s	$150K	$746K	50x
Short	HTX PUMP-USDT	0.004465	0.0100	get 0.0050% / 4h	3h 10m	$21K	$97K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against ApeX Omni. 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 ApeX OmnibpFee HTXbpOrdersPrice spread, now −0.402%Rate

Funding earned: $0
Price spread: −0.402% → −0.102%: −$29.99
Slippage, 4 orders: −$202.64
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$254.63
Costs to cover: 2.246%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 44 min ago; HTX: live order book, 41 min ago.

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 ApeX Omni live order book, 44 min ago	5.63 bp	14.1 bp −$14	102.8 bp −$1,028	doesn't fit	doesn't fit
Sell HTX live order book, 41 min ago	19.16 bp	141.4 bp −$141	doesn't fit	doesn't fit	doesn't fit

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	−0.2338%	1h	0.004471	−0.263%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004465	−0.402%	$18K	$242K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004464	−0.424%	$71K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004463	−0.449%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0012%	4h	0.004464	−0.424%	$4.9M	$10.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004467	−0.357%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.851%	$30K	$631K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004467	−0.346%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004466	−0.374%	$714K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004469	−0.312%	$496K	$823K	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	0.004465	−0.407%	$81.3M	$166.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004463	−0.446%	$24.4M	$95.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004480	−0.058%	$32K	$183K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004470	−0.290%	$65K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004468	−0.335%	$24.0M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004463	−0.446%	$17.6M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004465	−0.402%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004468	−0.328%	$797K	$204K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004482	−0.030%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004485	+0.042%	$1.3M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDTlong	+0.0100%	1h	0.004483	long leg	$150K	$746K	50x
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004470	−0.290%	$107K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004464	−0.424%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004463	−0.445%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004468	−0.335%	$2K	$745K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004465	−0.402%	$280	$7K	10x	as long as short
HTX PUMP-USDTshort	+0.0100%	4h	0.004465	−0.402%	$21K	$97K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004465	−0.402%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004471	−0.275%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004463	−0.446%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0198%	1h	0.004463	−0.446%	$54K	—	100x	as long as short
Extended PUMP-USD	+0.0272%	1h	0.004463	−0.440%	$3.9M	$3.9M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004473	−0.223%	$3.7M	$4.5M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004488	+0.114%	$46K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004465	−0.409%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004472	−0.245%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004496	+0.290%	$39K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004472	−0.245%	$721K	$5.8M	50x	as long as short
Hyperliquid PUMP	+0.0516%	1h	0.004472	−0.245%	$167.6M	$51.9M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004472	−0.248%	$531K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0656%	1h	0.004467	−0.354%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1036%	1h	0.004473	−0.227%	$518	$107K	10x	as long as short