Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%

Price spread now: Polymarket Perps against OKX+0.157%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on OKX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.125%−$12 on $10k

Price spread, last 7 days−0.157%−$16 · spread now +0.157%, 7d avg +0.028%

Together, before fees−0.282%−$28 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 0.130% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PUMP-USDT-SWAP	0.004457	0.0100	pay 0.0050% / 4h	2h 41m	$24.5M	$93.8M	50x
Short	Polymarket Perps PUMP-USD	0.004464	0.0100	get 0.0013% / 1h	41m 29s	$110K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against OKX. 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 OKXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.157%Rate

Funding earned: $0
Price spread: +0.157% → +0.028%: $12.95
Slippage, 4 orders: −$19.93
Fee OKX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$24.98
Costs to cover: 0.379%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Polymarket Perps: live order book, 2 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 OKX live order book, 2 min ago	1.12 bp	10.1 bp −$10	26.0 bp −$260	215.4 bp −$21.5K	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	4.47 bp	8.5 bp −$8	10.1 bp −$101	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	−0.0022%	1h	0.004463	+0.142%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004458	+0.022%	$18K	$237K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004473	+0.359%	$70K	$115K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004456	−0.015%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0062%	4h	0.004461	+0.090%	$4.9M	$10.3M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004464	+0.157%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.279%	$28K	$619K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004462	+0.123%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004462	+0.113%	$711K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004463	+0.135%	$534K	$761K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004464	+0.154%	$81.4M	$164.1M	75x	as long as short
OKX PUMP-USDT-SWAPlong	+0.0100%	4h	0.004457	long leg	$24.5M	$93.8M	50x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004458	+0.031%	$32K	$161K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004465	+0.179%	$65K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004463	+0.135%	$23.9M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004460	+0.067%	$17.7M	$18.5M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004462	+0.112%	—	$13.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004467	+0.233%	$801K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004475	+0.409%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004489	+0.718%	$1.3M	$10.1M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004472	+0.337%	$151K	$746K	50x	as long as short
Polymarket Perps PUMP-USDshort	+0.0100%	1h	0.004464	+0.157%	$110K	$2.1M	10x
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004471	+0.314%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004471	+0.323%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004472	+0.337%	$2K	$735K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004471	+0.314%	$281	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004466	+0.202%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004469	+0.269%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004465	+0.188%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004470	+0.292%	$66K	$10K	3x	as long as short
Extended PUMP-USD	+0.0112%	1h	0.004463	+0.142%	$3.8M	$3.7M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0200%	1h	0.004456	−0.022%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004467	+0.224%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004468	+0.247%	$3.7M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004459	+0.041%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004478	+0.471%	$46K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004478	+0.471%	$716K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0545%	1h	0.004465	+0.179%	$167.2M	$48.6M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004492	+0.785%	$39K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004467	+0.216%	$531K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0819%	1h	0.004471	+0.323%	$1.0M	$3.2M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1091%	1h	0.004483	+0.574%	$519	$102K	10x	as long as short