PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0323%/8h= +35.4% APRnext payment +$0.40 per $10,000 · paid last 24h −0.048%

Price spread now: Polymarket Perps against ApeX Omni−0.341%63s7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as 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−$480.483% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.171%−$17 on $10k

Price spread, last 3 days (all we have)+0.587%+$59 · spread now −0.341%, 7d avg −0.034%

Together, before fees+0.416%+$42 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.307% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.341% now, against its 7-day average of −0.034%). If the spread goes back, that is −$31 on $10k: about 3.2 days of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.171%, so the current rate has only just turned in your favour. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.171% in total (about -8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.40 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PUMPUSDT	0.004404	−0.0223	get 0.0028% / 1h	54m 04s	$139K	$759K	50x
Short	Polymarket Perps PUMP-USD	0.004389	0.0100	get 0.0013% / 1h	54m 04s	$101K	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.341%Rate

Funding earned: $67.89
Price spread: −0.341% → −0.034%: −$30.69
Slippage, 4 orders: −$30.3
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$11.11
Costs to cover: 0.483%
Break-even: 8.1 days

Slippage from ApeX Omni: live order book, 15 min ago; Polymarket Perps: live order book, 5 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, 15 min ago	7.83 bp	15.3 bp −$15	101.6 bp −$1,016	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	1.13 bp	5.1 bp −$5	7.9 bp −$79	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
ApeX Omni PUMPUSDTlong	−0.0223%	1h	0.004404	long leg	$139K	$759K	50x
dYdX PUMP-USD	0.0000%	1h	0.004396	−0.175%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004385	−0.431%	$20K	$200K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004385	−0.431%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004384	−0.459%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0059%	4h	0.004385	−0.431%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004388	−0.363%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−2.361%	$26K	$770K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004386	−0.404%	$703K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004394	−0.227%	$474K	$654K	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	0.004395	−0.205%	$78.9M	$164.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004399	−0.114%	$23.4M	$96.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004393	−0.259%	$26K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004380	−0.545%	$39K	$60K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004390	−0.318%	$4.8M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004402	−0.045%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004400	−0.091%	$17.6M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004392	−0.272%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004391	−0.291%	$782K	$179K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004405	+0.028%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004395	−0.213%	$1.2M	$10.4M	10x	as long as short
Polymarket Perps PUMP-USDshort	+0.0100%	1h	0.004389	−0.341%	$101K	$2.0M	10x
Derive PUMP-PERP	+0.0100%	1h	0.004386	−0.400%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004385	−0.431%	$2K	$732K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004388	−0.363%	$275	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004385	−0.431%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004387	−0.386%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004387	−0.386%	$42K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004398	−0.126%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004387	−0.386%	$70K	$9K	3x	as long as short
Nado PUMP-PERP	+0.0206%	1h	0.004385	−0.420%	$1.6M	$2.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0208%	1h	0.004382	−0.500%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004402	−0.054%	$39K	$103K	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004381	−0.522%	$478K	$996K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004392	−0.272%	$3.6M	$4.3M	75x	as long as short
Hyperliquid PUMP	+0.0343%	1h	0.004398	−0.136%	$161.8M	$53.8M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004381	−0.515%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0357% / S −0.0297%	1h	0.004385	−0.431%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004392	−0.272%	$685K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004401	−0.068%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0719%	1h	0.004416	+0.276%	$386	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1267%	1h	0.004392	−0.263%	$1.3M	$3.1M	50x	as long as short