Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%

Price spread now: Popdex against HTX−1.354%7-day average −1.315% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$183as in the Price arb table

costs, in and out, $10k−$1791.787% of the position

Long on HTX Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.562%−$56 · spread now −1.354%, 7d avg −1.315%

Together, before fees−0.565%−$56 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: Popdex is 0.038% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −1.315%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX PUMP-USDT	0.004359	0.0100	pay 0.0050% / 4h	32m 44s	$22K	$135K	20x
Short	Popdex PUMPUSDT	0.004300	0.0096	get 0.0012% / 1h	32m 44s	$27K	$767K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now −1.354%Rate

Funding earned: −$0.84
Price spread: −1.354% → −1.315%: −$3.82
Slippage, 4 orders: −$160.3
Fee HTX: 6 bp × 2 orders: −$12
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$183.36
Costs to cover: 1.787%
Break-even: never at this rate

Slippage from HTX: live order book, 43 min ago; Popdex: live order book, 46 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, 43 min ago	12.67 bp	75.9 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell Popdex live order book, 46 min ago	1.15 bp	11.4 bp −$11	doesn't fit	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
OKX PUMP-USDT-SWAP	−0.0006%	4h	0.004361	+0.046%	$22.8M	$96.6M	50x	as long as short
dYdX PUMP-USD	−0.0005%	1h	0.004362	+0.080%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004359	0.000%	$18K	$205K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004363	+0.092%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004362	+0.072%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0012%	4h	0.004359	0.000%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004360	+0.023%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDTshort	+0.0096%	1h	0.004300	−1.354%	$27K	$767K	20x
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004360	+0.014%	$42K	—	5x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004361	+0.046%	$729K	$2.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PUMP	+0.0100%	1h	0.004360	+0.023%	$456K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004359	+0.006%	$77.7M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004359	+0.002%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004370	+0.252%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004358	−0.023%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004364	+0.115%	$23.2M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004360	+0.023%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004360	+0.023%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004359	+0.005%	$777K	$182K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004375	+0.378%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004376	+0.395%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004375	+0.367%	$138K	$764K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004364	+0.115%	$1.6M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004370	+0.252%	$98K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004361	+0.050%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004361	+0.046%	$1K	$718K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004360	+0.023%	$277	$7K	10x	as long as short
HTX PUMP-USDTlong	+0.0100%	4h	0.004359	long leg	$22K	$135K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004362	+0.069%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004357	−0.052%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004359	0.000%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004366	+0.151%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004381	+0.505%	$39K	$207K	12x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004371	+0.275%	$485K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0224%	1h	0.004370	+0.252%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004365	+0.138%	$677K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0315%	1h	0.004363	+0.092%	$160.5M	$53.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0320% / S −0.0242%	1h	0.004361	+0.046%	$68K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004361	+0.046%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004364	+0.114%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0470%	1h	0.004375	+0.375%	$182	$105K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0865%	1h	0.004366	+0.160%	$1.3M	$3.5M	50x	as long as short