Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: edgeX against Polymarket Perps+0.222%64s7-day average −0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$420.419% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.138%+$14 on $10k

Price spread, last 7 days−0.086%−$9 · spread now +0.222%, 7d avg −0.040%

Together, before fees+0.052%+ Points / potential airdropedgeX: Active · farm board+$5 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: edgeX is 0.262% dearer against Polymarket Perps than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of −0.040%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps PUMP-USD	0.004509	0.0100	pay 0.0013% / 1h	31m 45s	$84K	$1.8M	10x
Short	edgeX PUMPUSDC	0.004519	0.0100	get 0.0050% / 4h	1h 31m	$66K	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Polymarket 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 Polymarket PerpsbpFee edgeXbpOrdersPrice spread, now +0.222%Rate

Funding earned: $0
Price spread: +0.222% → −0.040%: $26.2
Slippage, 4 orders: −$24.86
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$15.66
Costs to cover: 0.419%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 5 min ago; edgeX: live order book, just now.

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 Polymarket Perps live order book, 5 min ago	1.11 bp	6.2 bp −$6	9.6 bp −$96	doesn't fit	doesn't fit
Sell edgeX live order book, just now	3.33 bp	14.9 bp −$15	19.0 bp −$190	doesn't fit	doesn't fit

PUMP on 41 exchanges

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	−0.0276%	1h	0.004495	−0.313%	$21K	$12K	5x	as long as short
Gate PUMP_USDT	−0.0124%	4h	0.004504	−0.111%	$4.8M	$9.7M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004501	−0.177%	$18K	$270K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004505	−0.098%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004508	−0.022%	$2.9M	$2.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.200%	$31K	$593K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004513	+0.089%	$168.0M	$47.2M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004504	−0.111%	$843K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004507	−0.044%	$510K	$835K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004506	−0.065%	$81.8M	$173.9M	75x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004505	−0.089%	$24.5M	$101.7M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004520	+0.251%	$22K	$156K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004502	−0.155%	$52K	$155K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004507	−0.044%	$24.8M	$13.5M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004506	−0.067%	$18.0M	$18.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004504	−0.111%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004503	−0.142%	$821K	$220K	5x	as long as short
edgeX PUMPUSDCshort	+0.0100%	4h	0.004519	+0.222%	$66K	$3.2M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004522	+0.288%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004508	−0.022%	$121K	$765K	50x	as long as short
Polymarket Perps PUMP-USDlong	+0.0100%	1h	0.004509	long leg	$84K	$1.8M	10x
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004501	−0.177%	$42K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004507	−0.044%	$2K	$774K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004503	−0.133%	$546	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004506	−0.067%	$23K	$127K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004502	−0.155%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004498	−0.245%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004505	−0.088%	$3.8M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004506	−0.067%	$67K	$10K	3x	as long as short
01 Exchange PUMPUSD	+0.0184%	1h	0.004482	−0.599%	$6K	$333	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0194%	1h	0.004504	−0.111%	$69K	$102K	25x	as long as short
Nado PUMP-PERP	+0.0221%	1h	0.004506	−0.055%	$1.6M	$2.1M	10x	as long as short
Injective PUMP/USDC PERP	+0.0251%	1h	0.004542	+0.732%	$36K	$205K	12x	as long as short
Phoenix PUMP	+0.0298%	1h	0.004511	+0.044%	$44K	$144K	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0278%	1h	0.004507	−0.044%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004493	−0.355%	$3.8M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004494	−0.323%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004506	−0.067%	$697K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0558%	1h	0.004503	−0.136%	$555K	$866K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0628%	1h	0.004506	−0.064%	$1.1M	$3.1M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0642%	1h	0.004507	−0.047%	$1K	$119K	10x	as long as short