Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.059%

Price spread now: Polymarket Perps against Bitget+0.116%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$400.404% of the position

Long on Bitget Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.179%−$18 on $10k

Price spread, last 7 days−0.008%−$1 · spread now +0.116%, 7d avg +0.015%

Together, before fees−0.187%−$19 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: Polymarket Perps is 0.102% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PUMPUSDT	0.004299	0.0100	pay 0.0050% / 4h	3h 13m	$17.1M	$19.2M	75x
Short	Polymarket Perps PUMP-USD	0.004304	0.0100	get 0.0013% / 1h	13m 27s	$110K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bitget. 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 BitgetbpFee Polymarket PerpsbpOrdersPrice spread, now +0.116%Rate

Funding earned: $0
Price spread: +0.116% → +0.015%: $10.15
Slippage, 4 orders: −$20.43
Fee Bitget: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$30.27
Costs to cover: 0.404%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 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 Bitget live order book, 5 min ago	3.48 bp	12.6 bp −$13	25.5 bp −$255	122.2 bp −$12.2K	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	1.16 bp	11.6 bp −$12	12.8 bp −$128	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	−0.5772%	1h	0.004305	+0.143%	$20K	$8K	5x	as long as short
Injective PUMP/USDC PERP	−0.0219%	1h	0.004318	+0.442%	$38K	$207K	12x	as long as short
OKX PUMP-USDT-SWAP	−0.0022%	4h	0.004297	−0.047%	$22.6M	$94.9M	50x	as long as short
Backpack PUMP_USDC_PERP	−0.0022%	1h	0.004300	+0.030%	$768K	$187K	5x	as long as short
Orderly PERP_PUMP_USDC	−0.0010%	4h	0.004300	+0.023%	$40K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004298	−0.023%	$19K	$200K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004304	+0.116%	$69K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004301	+0.053%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0038%	4h	0.004299	0.000%	$4.6M	$11.7M	75x	as long as short
01 Exchange PUMPUSD	+0.0064%	1h	0.004302	+0.070%	$6K	$497	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter PUMP	+0.0096%	1h	0.004300	+0.023%	$2.9M	$5.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	+0.023%	$28K	$778K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004300	+0.028%	$41K	—	5x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004301	+0.056%	$779K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004301	+0.047%	$448K	$617K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004299	+0.003%	$76.3M	$166.6M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004309	+0.242%	$20K	$182K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004300	+0.023%	$41K	$57K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004302	+0.070%	$22.7M	$14.0M	50x	as long as short
Bitget PUMPUSDTlong	+0.0100%	4h	0.004299	long leg	$17.1M	$19.2M	75x
BingX PUMP-USDT	+0.0100%	4h	0.004296	−0.070%	—	$13.1M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004305	+0.147%	$63K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004304	+0.118%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004307	+0.186%	$136K	$773K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004299	+0.012%	$1.6M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USDshort	+0.0100%	1h	0.004304	+0.116%	$110K	$1.8M	10x
Derive PUMP-PERP	+0.0100%	1h	0.004304	+0.111%	$4K	$14K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004304	+0.116%	$2K	$712K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004301	+0.047%	$270	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004306	+0.163%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004300	+0.023%	$2.0M	$4.1M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004299	+0.004%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004303	+0.093%	$71K	$18K	3x	as long as short
Hyperliquid PUMP	+0.0137%	1h	0.004306	+0.163%	$157.6M	$52.7M	10x	as long as short
RISEx PUMP/USDC	+0.0141%	1h	0.004302	+0.070%	$490K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0167%	1h	0.004312	+0.302%	$39K	$100K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0192%	1h	0.004314	+0.349%	$654K	$5.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0286%	1h	0.004308	+0.207%	$200	$105K	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0222%	1h	0.004303	+0.093%	$66K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004302	+0.070%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004300	+0.016%	$2	—	3x	as long as short
Kraken Futures PF_PUMPUSD	+0.0696%	1h	0.004308	+0.208%	$1.3M	$3.5M	50x	as long as short