Funding you earn now, next payment 22:00 UTC−0.0421%/8h= −46.1% APRnext payment −$0.53 per $10,000 · paid last 24h +0.362%
Price spread now: Polymarket Perps against Injective+0.116%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs+$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$950.954% of the position
Funding, last 7 days+1.136%+$114 on $10k
+Price spread, last 3 days (all we have)−0.161%−$16 · spread now +0.116%, 7d avg +0.084%
=The price spread pays, funding is against you. Polymarket Perps is 0.032% dearer against Injective than usual: you sell high and buy low (spread +0.116% now, against its 7-day average of +0.084%): +$3 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +1.136%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective PUMP/USDC PERP | 0.004324 | 0.0521 | pay 0.0065% / 1h | 15m 14s | $38K | $207K | 12x |
| Short | Polymarket Perps PUMP-USD | 0.004329 | 0.0100 | get 0.0013% / 1h | 15m 14s | $91K | $1.9M | 10x |
Injective PUMP/USDC PERP
Polymarket Perps PUMP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$88.33
- Price spread: +0.116% → +0.084%
- $3.18
- Slippage, 4 orders
- −$87.4
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$180.57
- Costs to cover
- 0.954%
- Break-even
- never at this rate
Slippage from Injective: live order book, 9 min ago; Polymarket Perps: live order book, 3 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 Injective live order book, 9 min ago | 17.33 bp | 51.7 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 3.46 bp | 9.7 bp −$10 | 12.0 bp −$120 | 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 | −0.5040% | 1h | 0.004331 | +0.157% | $20K | $8K | 5x | as long as short |
| Backpack PUMP_USDC_PERP | −0.0222% | 1h | 0.004329 | +0.123% | $772K | $183K | 5x | as long as short |
| Perpl PUMP | −0.0112% | 43m | 0.004325 | +0.023% | $20K | $206K | 20x | as long as short |
| OKX PUMP-USDT-SWAP | −0.0068% | 4h | 0.004325 | +0.023% | $22.6M | $95.8M | 50x | as long as short |
| Orderly PERP_PUMP_USDC | −0.0024% | 4h | 0.004326 | +0.046% | $41K | $10K | 10x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004328 | +0.093% | $69K | $126K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004327 | +0.069% | $55K | — | 150x | as long as short |
| Gate PUMP_USDT | +0.0050% | 4h | 0.004325 | +0.023% | $4.6M | $11.7M | 75x | as long as short |
| 01 Exchange PUMPUSD | +0.0088% | 1h | 0.004328 | +0.093% | $6K | $497 | 10x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004325 | +0.023% | $2.9M | $5.5M | 10x | as long as short |
dYdX PUMP-USD
Backpack PUMP_USDC_PERP
Perpl PUMP
OKX PUMP-USDT-SWAP
Orderly PERP_PUMP_USDC
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Gate PUMP_USDT
01 Exchange PUMPUSD
Lighter PUMPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004300 | −0.555% | $29K | $766K | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004327 | +0.066% | $42K | — | 5x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004325 | +0.035% | $1.6M | $2.0M | 10x | as long as short |
| Hyperliquid PUMP | +0.0100% | 1h | 0.004332 | +0.185% | $158.7M | $52.5M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004325 | +0.023% | $780K | $2.0M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004328 | +0.093% | $449K | $611K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004326 | +0.046% | $76.8M | $164.2M | 75x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004331 | +0.171% | $25K | $179K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004326 | +0.046% | $42K | $53K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004330 | +0.139% | $22.9M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004325 | +0.023% | $17.1M | $19.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004325 | +0.023% | — | $12.7M | — | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004333 | +0.202% | $63K | $3.0M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004333 | +0.199% | $1.2M | $9.7M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004336 | +0.278% | $137K | $770K | 50x | as long as short |
| Polymarket Perps PUMP-USDshort | +0.0100% | 1h | 0.004329 | +0.116% | $91K | $1.9M | 10x | |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004327 | +0.061% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004328 | +0.093% | $2K | $710K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004325 | +0.023% | $713 | $6K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004331 | +0.162% | $21K | $147K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004329 | +0.116% | $2.0M | $4.0M | 20x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004325 | +0.022% | $3.6M | $3.7M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004325 | +0.023% | $71K | $18K | 3x | as long as short |
| RISEx PUMP/USDC | +0.0125% | 1h | 0.004329 | +0.106% | $491K | $1.0M | 10x | as long as short |
| Phoenix PUMP | +0.0129% | 1h | 0.004335 | +0.261% | $39K | $99K | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0240% | 1h | 0.004334 | +0.231% | $658K | $5.4M | 50x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0307% / S −0.0225% | 1h | 0.004326 | +0.046% | $67K | — | 100x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004326 | +0.046% | $3.4M | $3.7M | 75x | as long as short |
| Aftermath Perps PUMPUSD | +0.0341% | 1h | 0.004335 | +0.247% | $180 | $106K | 10x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004325 | +0.029% | $2 | — | 3x | as long as short |
| Injective PUMP/USDC PERPlong | +0.0521% | 1h | 0.004324 | long leg | $38K | $207K | 12x | |
| Kraken Futures PF_PUMPUSD | +0.0686% | 1h | 0.004331 | +0.172% | $1.3M | $3.5M | 50x | as long as short |
Popdex PUMPUSDT
Paradex PUMP-USD-PERP
Nado PUMP-PERP
Hyperliquid PUMP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Extended PUMP-USD
Aevo PUMP-PERP
RISEx PUMP/USDC
Phoenix PUMP
Coinbase International PUMP-PERP-INTX
GMX PUMP/USD [WBTC.b-USDC]
BloFin PUMP-USDT
Aftermath Perps PUMPUSD
Reya PUMPRUSDPERP
Kraken Futures PF_PUMPUSD