Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.5162%/8h= +565.2% APRpaid last 24h +0.142%

Price spread now: HTX against dYdX−0.273%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. HTX is 0.273% cheaper against dYdX than usual: you would sell low and buy high (spread −0.273% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 4 hours of funding at the current rate (+$155 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PUMP-USD	0.004322	−0.5062	get 0.0633% / 1h	1m 59s	$20K	$8K	5x
Short	HTX PUMP-USDT	0.004310	0.0100	get 0.0050% / 4h	2h 01m	$21K	$147K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against dYdX. 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 dYdXbpFee HTXbpOrdersPrice spread, now −0.273%Rate

Funding earned: $1,083.95
Price spread: −0.273% → 0.000%: −$27.27
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $1,034.68
Costs to cover: 0.220%
Break-even: 0.3 days

Slippage unknown: dYdX: no order-book sample; HTX: live order book, 19 min ago. Net counts fees only.

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 dYdX no order-book sample	—	—	—	—	—
Sell HTX live order book, 19 min ago	10.38 bp	72.8 bp −$73	doesn't fit	doesn't fit	doesn't fit

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDlong	−0.5062%	1h	0.004322	long leg	$20K	$8K	5x
Backpack PUMP_USDC_PERP	−0.0215%	1h	0.004317	−0.115%	$769K	$183K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004317	−0.111%	$20K	$206K	20x	as long as short
OKX PUMP-USDT-SWAP	−0.0056%	4h	0.004316	−0.134%	$22.5M	$95.5M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0025%	4h	0.004320	−0.041%	$41K	$10K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004322	+0.005%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004320	−0.034%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0068%	4h	0.004316	−0.134%	$4.6M	$11.7M	75x	as long as short
01 Exchange PUMPUSD	+0.0080%	1h	0.004321	−0.018%	$6K	$497	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004319	−0.064%	$2.9M	$5.5M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.504%	$29K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004320	−0.037%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004320	−0.030%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004320	−0.041%	$158.1M	$52.5M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004316	−0.122%	$778K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004321	−0.018%	$448K	$607K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004316	−0.134%	$76.6M	$163.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004308	−0.321%	$25K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004320	−0.041%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004319	−0.064%	$22.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004315	−0.157%	$17.0M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004317	−0.111%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004309	−0.299%	$63K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004309	−0.304%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004313	−0.203%	$136K	$771K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004323	+0.028%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004321	−0.021%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004321	−0.018%	$2K	$710K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004319	−0.064%	$712	$6K	10x	as long as short
HTX PUMP-USDTshort	+0.0100%	4h	0.004310	−0.273%	$21K	$147K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004319	−0.064%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004316	−0.132%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004320	−0.041%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004322	+0.005%	$490K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004314	−0.182%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004312	−0.226%	$654K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0308% / S −0.0226%	1h	0.004320	−0.041%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004316	−0.134%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004319	−0.058%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0347%	1h	0.004319	−0.053%	$180	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.051%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0687%	1h	0.004325	+0.073%	$1.3M	$3.5M	50x	as long as short