Funding arb · Price arb / Crypto

PUMP

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LONGBulk▾Injective −0.2336%Kraken Futures −0.0052%dYdX 0.0000%gTrade (Gains Network) +0.0003%Orderly +0.0046%Deribit +0.0092%Lighter +0.0096%Popdex +0.0096%Nado +0.0100%Hyperliquid +0.0100%Aster +0.0100%Pacifica +0.0100%Binance +0.0100%OKX +0.0100%Ondo Perps +0.0100%Arcus +0.0100%Bulk +0.0100%Gate +0.0100%KuCoin +0.0100%Bitget +0.0100%BingX +0.0100%Backpack +0.0100%edgeX +0.0100%GRVT +0.0100%Polymarket Perps +0.0100%Derive +0.0100%SunX +0.0100%SoDEX +0.0100%Phemex +0.0100%Paradex +0.0100%Aevo +0.0104%Perpl +0.0112%Coinbase International +0.0152%GMX +0.0190%ApeX Omni +0.0228%Extended +0.0264%Phoenix +0.0298%RISEx +0.0309%BloFin +0.0340%N1 +0.0368%Aftermath Perps +0.0615%

⇄⇅

SHORTHTX▾Aftermath Perps +0.0615%N1 +0.0368%BloFin +0.0340%RISEx +0.0309%Phoenix +0.0298%Extended +0.0264%ApeX Omni +0.0228%Coinbase International +0.0152%Perpl +0.0112%Aevo +0.0104%Paradex +0.0100%Hyperliquid +0.0100%Aster +0.0100%Pacifica +0.0100%Binance +0.0100%OKX +0.0100%Ondo Perps +0.0100%Arcus +0.0100%Gate +0.0100%KuCoin +0.0100%Bitget +0.0100%BingX +0.0100%Backpack +0.0100%edgeX +0.0100%GRVT +0.0100%Polymarket Perps +0.0100%Derive +0.0100%SunX +0.0100%SoDEX +0.0100%Phemex +0.0100%Nado +0.0100%Popdex +0.0096%Lighter +0.0096%Deribit +0.0092%Orderly +0.0046%gTrade (Gains Network) −0.0008%dYdX 0.0000%GMX +0.0048%Kraken Futures −0.0052%HTX −0.0345%Injective −0.2336%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BulkPUMP-USD	0.005819	+0.0100	pay 0.0013% / 1h	54m 55s	$127K	$348K	10x	Long Bulk
SHORT	HTXPUMP-USDT	0.005806	−0.0345	pay 0.0173% / 4h	1h 54m	$80K	$472K	20x	Short HTX

Price gap−0.223%

Funding gap−0.0445% /8h

Both sides work against this direction now: funding costs $13 a day on $10k and the gap is 0.182% under its 7d average. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 5 days it paid +0.023% in total, about +0.0014%/8h on average.

Funding history

SpreadBoth legsCumulative

24H3D7D14D30D90D

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Spread %Both prices

24H3D7D14D30D90D

HTX price against Bulknow

RANGE STATS · 7D

Now−0.223%

Average—

Range—

Wider than now—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

BulkHTX

PUMP on 42 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

• !
  Watch: Thin at this size5.0 / 64.6 bp

  At $10k entering HTX costs 64.6 bp, fee and slippage, 13.0× Bulk’s.
• i
  Note: Margin at max leverage$1,000 + $500

  Bulk 10x, HTX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ1h / 4h

  Payments land at different times. Close right after the slower leg pays.

  Long Bulk · 1h−$3.00

  Short HTX · 4h−$10.35

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$13.35Long Bulk: 24 payments, −$3.00; short HTX: 6 payments, −$10.35.
• !
  Watch: Gap narrower than usual−0.223% vs −0.041%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Short leg is thinner$80K vs $127K OI

  HTX sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• !
  Watch: KYCBulk No · HTX Limited

  No ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0014%/8h × 21 periods+$3.01

Price spread−0.223% → −0.041% (7d avg)−$18.20

Slippage, 4 orderslive order books−$105.60

Fee Bulk bp × 2 orders−$7.00

Fee HTX bp × 2 orders−$12.00

Net · 7 days · $10k−$139.79

Costs to cover1.246%Break-even332.4 days

Slippage: Bulk: live order book, 4 min ago; HTX: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGBulk0.015.0 bp−$56.6 bp−$66doesn’t fitdoesn’t fit

SELL · SHORTHTX27.6264.6 bp−$65doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

PUMP news

posts that mention PUMP, from every exchangeSearch all news →

09-28 15:17	OKX	Other	New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗
09-28 15:16	Phoenix	Contest	It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗
09-25 14:48	Phoenix	Contest	$SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗
09-24 14:13	Bulk	Other	PUMP IT Trade $PUMP by @Pumpfun with up to 10x leverage now on @bulktrade on X ↗
09-18 16:36	RISEx	Other	Privacy is still holding with $ZEC in its second straight week as a top gainer: +12.34% to +35.35%. Everything else on the weekly board turned over. Oil went from a gainer to a loser (CL and BZ both went a full round trip), while $PUMP went from -15.44% to +10.44% this week. @risextrade on X ↗