Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%

Price spread now: Polymarket Perps against Arcus+0.044%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$300.296% of the position

Long on Arcus Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.062%−$6 on $10k

Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.044%, 7d avg +0.026%

Together, before fees−0.035%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus PUMP-USD	0.004507	0.0100	pay 0.0013% / 1h	4m 02s	$65K	$100K	10x
Short	Polymarket Perps PUMP-USD	0.004509	0.0100	get 0.0013% / 1h	4m 02s	$105K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Arcus. 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 ArcusbpFee Polymarket PerpsbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → +0.026%: $1.88
Slippage, 4 orders: −$17.1
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$27.72
Costs to cover: 0.296%
Break-even: never at this rate

Slippage from Arcus: live order book, 65 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 Arcus live order book, 65 min ago	4.42 bp	6.7 bp −$7	12.9 bp −$129	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	2.21 bp	8.7 bp −$9	10.7 bp −$107	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	−0.0005%	1h	0.004505	−0.044%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004505	−0.044%	$18K	$268K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004506	−0.029%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0074%	4h	0.004502	−0.111%	$5.0M	$10.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004509	+0.044%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.155%	$29K	$647K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004509	+0.047%	$825K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004507	0.000%	$532K	$859K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004509	+0.047%	$82.6M	$172.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004507	0.000%	$24.8M	$98.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004523	+0.357%	$27K	$151K	5x	as long as short
Arcus PUMP-USDlong	+0.0100%	1h	0.004507	long leg	$65K	$100K	10x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004509	+0.044%	$24.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004507	0.000%	$17.7M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004506	−0.022%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004507	+0.004%	$807K	$200K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004528	+0.458%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004528	+0.463%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004530	+0.510%	$153K	$744K	50x	as long as short
Polymarket Perps PUMP-USDshort	+0.0100%	1h	0.004509	+0.044%	$105K	$2.2M	10x
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004506	−0.022%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004506	−0.026%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004505	−0.044%	$2K	$770K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004506	−0.022%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004502	−0.111%	$21K	$83K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004507	0.000%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004506	−0.013%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004505	−0.040%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004505	−0.044%	$67K	$10K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0194%	1h	0.004508	+0.022%	$69K	$116K	25x	as long as short
Nado PUMP-PERP	+0.0210%	1h	0.004507	+0.011%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004506	−0.022%	$64K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0312%	1h	0.004507	0.000%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004510	+0.067%	$3.8M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004506	−0.027%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004538	+0.699%	$48K	$139K	10x	as long as short
Hyperliquid PUMP	+0.0497%	1h	0.004512	+0.111%	$168.6M	$51.1M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004519	+0.266%	$728K	$5.9M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0548%	1h	0.004508	+0.012%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004530	+0.510%	$38K	$205K	12x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004508	+0.011%	$537K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1008%	1h	0.004521	+0.308%	$500	$112K	10x	as long as short