Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against Ondo Perps+0.067%7-day average −0.008% · you sell dearer than you buy

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

Long on Ondo Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 3 days (all we have)+0.054%+$5 · spread now +0.067%, 7d avg −0.008%

Together, before fees+0.073%+ Points / potential airdropOndo Perps: Active · farm board+$7 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: HTX is 0.075% dearer against Ondo Perps than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps PUMP-USD.P	0.004312	0.0100	pay 0.0013% / 1h	36m 07s	$25K	$178K	5x
Short	HTX PUMP-USDT	0.004315	0.0100	get 0.0050% / 4h	1h 36m	$21K	$139K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Ondo Perps. 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 Ondo PerpsbpFee HTXbpOrdersPrice spread, now +0.067%Rate

Funding earned: $0
Price spread: +0.067% → −0.008%: $7.48
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$9.52
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; HTX: live order book, 45 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell HTX live order book, 45 min ago	10.38 bp	72.8 bp −$73	doesn't fit	doesn't fit	doesn't fit

Ondo Perps: 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-USD	−0.5056%	1h	0.004320	+0.183%	$20K	$8K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0053%	4h	0.004309	−0.072%	$22.6M	$95.2M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0014%	4h	0.004312	−0.002%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004312	−0.002%	$20K	$206K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004314	+0.044%	$68K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004314	+0.036%	$54K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0052%	1h	0.004308	−0.088%	$768K	$180K	5x	as long as short
Gate PUMP_USDT	+0.0086%	4h	0.004310	−0.049%	$4.6M	$11.7M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004311	−0.026%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.281%	$29K	$763K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004313	+0.013%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004312	+0.009%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004314	+0.044%	$158.0M	$52.5M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004312	+0.003%	$777K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004316	+0.090%	$447K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004309	−0.072%	$76.7M	$163.4M	75x	as long as short
Ondo Perps PUMP-USD.Plong	+0.0100%	1h	0.004312	long leg	$25K	$178K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004313	+0.021%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004314	+0.044%	$22.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004307	−0.118%	$17.0M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004311	−0.026%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004320	+0.191%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004321	+0.217%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004322	+0.230%	$136K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004316	+0.090%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004313	+0.022%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004314	+0.044%	$2K	$712K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004309	−0.072%	$711	$6K	10x	as long as short
HTX PUMP-USDTshort	+0.0100%	4h	0.004315	+0.067%	$21K	$139K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004310	−0.049%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004311	−0.030%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004311	−0.026%	$71K	$18K	3x	as long as short
01 Exchange PUMPUSD	+0.0112%	1h	0.004312	−0.002%	$6K	$497	10x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004314	+0.047%	$488K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004324	+0.269%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004319	+0.160%	$654K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0310% / S −0.0229%	1h	0.004313	+0.021%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004315	+0.067%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004311	−0.027%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0396%	1h	0.004319	+0.171%	$200	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004322	+0.230%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0811%	1h	0.004314	+0.047%	$1.3M	$3.5M	50x	as long as short