Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.026%

Price spread now: KuCoin against Polymarket Perps−0.045%7-day average +0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$630.630% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.183%+$18 on $10k

Price spread, last 7 days+0.003%$0 · spread now −0.045%, 7d avg +0.051%

Together, before fees+0.186%+$19 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: KuCoin is 0.096% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps PUMP-USD	0.004473	0.0100	pay 0.0013% / 1h	11m 04s	$107K	$2.1M	10x
Short	KuCoin PUMPUSDTM	0.004471	0.0100	get 0.0050% / 4h	3h 11m	$24.0M	$13.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.045%Rate

Funding earned: $0
Price spread: −0.045% → +0.051%: −$9.56
Slippage, 4 orders: −$43
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$72.56
Costs to cover: 0.630%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 3 min ago; KuCoin: 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 Polymarket Perps live order book, 3 min ago	4.46 bp	8.5 bp −$8	10.8 bp −$108	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	2.23 bp	17.8 bp −$18	51.7 bp −$517	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	−0.2383%	1h	0.004476	+0.071%	$20K	$11K	5x	as long as short
Gate PUMP_USDT	−0.0002%	4h	0.004467	−0.134%	$4.9M	$10.6M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004471	−0.045%	$18K	$242K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004471	−0.045%	$71K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004469	−0.082%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004473	0.000%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.632%	$30K	$631K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004469	−0.078%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004469	−0.089%	$714K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004474	+0.022%	$497K	$823K	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	0.004469	−0.079%	$81.4M	$166.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004467	−0.134%	$24.4M	$95.6M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004480	+0.165%	$32K	$183K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004475	+0.045%	$65K	$101K	10x	as long as short
KuCoin PUMPUSDTMshort	+0.0100%	4h	0.004471	−0.045%	$24.0M	$13.7M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004467	−0.134%	$17.6M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004469	−0.089%	—	$12.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004468	−0.105%	$797K	$204K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004482	+0.193%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004485	+0.266%	$1.3M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004483	+0.224%	$150K	$746K	50x	as long as short
Polymarket Perps PUMP-USDlong	+0.0100%	1h	0.004473	long leg	$107K	$2.1M	10x
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004471	−0.045%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004470	−0.074%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004473	0.000%	$2K	$747K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004470	−0.067%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004472	−0.022%	$21K	$97K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004470	−0.067%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004476	+0.060%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004469	−0.089%	$66K	$10K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0198%	1h	0.004468	−0.112%	$54K	—	100x	as long as short
Extended PUMP-USD	+0.0280%	1h	0.004468	−0.107%	$3.9M	$3.9M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004473	0.000%	$3.7M	$4.5M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004488	+0.338%	$46K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004470	−0.072%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004475	+0.045%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004496	+0.514%	$39K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004489	+0.358%	$725K	$5.8M	50x	as long as short
Hyperliquid PUMP	+0.0518%	1h	0.004475	+0.045%	$167.7M	$51.9M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004475	+0.045%	$532K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0656%	1h	0.004472	−0.016%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1032%	1h	0.004474	+0.022%	$518	$107K	10x	as long as short