Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.036%

Price spread now: Polymarket Perps against HTX+0.412%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$186as in the Funding arb table

Net, price: spread back to 7d avg − costs−$131as in the Price arb table

costs, in and out, $10k−$1681.680% of the position

Long on HTX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.183%−$18 on $10k

Price spread, last 4 days (all we have)−0.480%−$48 · spread now +0.412%, 7d avg +0.042%

Together, before fees−0.663%−$66 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 0.370% dearer against HTX than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of +0.042%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX PUMP-USDT	0.004367	0.0100	pay 0.0050% / 4h	54m 13s	$21K	$117K	20x
Short	Polymarket Perps PUMP-USD	0.004385	0.0100	get 0.0013% / 1h	54m 13s	$97K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against HTX. 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 HTXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.412%Rate

Funding earned: $0
Price spread: +0.412% → +0.042%: $37.02
Slippage, 4 orders: −$147.97
Fee HTX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$130.94
Costs to cover: 1.680%
Break-even: never at this rate

Slippage from HTX: live order book, 2 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 HTX live order book, 2 min ago	18.20 bp	73.7 bp −$74	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	3.41 bp	7.4 bp −$7	10.5 bp −$105	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
Backpack PUMP_USDC_PERP	−0.0585%	1h	0.004383	+0.362%	$776K	$199K	5x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004375	+0.186%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004377	+0.229%	$18K	$234K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004383	+0.366%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004383	+0.365%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004382	+0.343%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.534%	$28K	$820K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004380	+0.305%	$689K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004378	+0.252%	$486K	$817K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004383	+0.366%	$79.5M	$172.6M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004382	+0.343%	$23.8M	$97.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004378	+0.247%	$36K	$186K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004381	+0.321%	$64K	$99K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004381	+0.321%	$4.8M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004384	+0.389%	$23.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004382	+0.343%	$17.5M	$20.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004379	+0.275%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004389	+0.511%	$64K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004401	+0.771%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004390	+0.527%	$146K	$751K	50x	as long as short
Polymarket Perps PUMP-USDshort	+0.0100%	1h	0.004385	+0.412%	$97K	$2.1M	10x
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004380	+0.298%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004381	+0.318%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004382	+0.343%	$2K	$762K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004381	+0.321%	$275	$7K	10x	as long as short
HTX PUMP-USDTlong	+0.0100%	4h	0.004367	long leg	$21K	$117K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004379	+0.275%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004380	+0.303%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004380	+0.298%	$70K	$11K	3x	as long as short
Nado PUMP-PERP	+0.0150%	1h	0.004381	+0.332%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004382	+0.343%	$59K	—	100x	as long as short
Extended PUMP-USD	+0.0208%	1h	0.004381	+0.330%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0256%	1h	0.004382	+0.343%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004402	+0.792%	$43K	$120K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004394	+0.618%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004384	+0.385%	$2	—	3x	as long as short
Hyperliquid PUMP	+0.0386%	1h	0.004387	+0.458%	$163.9M	$56.0M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004384	+0.389%	$692K	$5.8M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004382	+0.353%	$521K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004404	+0.847%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0808%	1h	0.004385	+0.406%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0885%	1h	0.004399	+0.739%	$581	$115K	10x	as long as short