Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.129%
Price spread now: RISEx against Polymarket Perps−0.102%52s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.275% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.253%+$25 on $10k
Price spread, last 7 days+0.044%+$4 · spread now −0.102%, 7d avg +0.018%
Together, before fees+0.297%+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.120% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of +0.018%). If the spread goes back, that is −$12 on $10k: about 4.3 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.253% in total) that is about 39 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps PUMP-USD0.0044080.0100pay 0.0013% / 1h54m 32s$98K$1.9M10x
ShortRISEx PUMP/USDC0.0044040.0194get 0.0024% / 1h54m 32s$491K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
$19.74
Price spread: −0.102% → +0.018%
−$12.05
Slippage, 4 orders
−$13.53
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$19.83
Costs to cover
0.275%
Break-even
14.0 days
Slippage from Polymarket Perps: live order book, 4 min ago; RISEx: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 4 min ago2.27 bp8.5 bp −$910.8 bp −$108doesn't fitdoesn't fit
Sell RISEx live order book, 4 min ago2.27 bp5.3 bp −$510.8 bp −$108doesn't fitdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PUMP-USDT-SWAP−0.0021%4h0.004397−0.250%$23.1M$97.2M50xas long as short
dYdX PUMP-USD0.0000%1h0.004407−0.023%$20K$9K5xas long as short
Perpl PUMP0.0000%43m0.004403−0.113%$18K$204K20xas long as short
Orderly PERP_PUMP_USDC+0.0002%4h0.0044080.000%$41K$10K10xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004406−0.040%$56K150xas long as short
Lighter PUMP+0.0096%1h0.004406−0.045%$2.9M$5.5M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004400−0.181%$29K$765K20xas long as short
Paradex PUMP-USD-PERP+0.0100%8h0.004399−0.199%$42K5xas long as short
Aster PUMPUSDT+0.0100%4h0.004403−0.119%$783K$2.3M50xas long as short
Pacifica PUMP+0.0100%1h0.004404−0.091%$459K$605K10xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance PUMPUSDT+0.0100%4h0.004402−0.135%$78.5M$164.5M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004399−0.213%$26K$176K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004403−0.113%$43K$53K10xas long as short
Gate PUMP_USDT+0.0100%4h0.004402−0.136%$4.7M$11.4M75xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004406−0.045%$23.3M$13.8M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004401−0.159%$17.5M$19.2M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004404−0.091%$12.8Mas long as short
Backpack PUMP_USDC_PERP+0.0100%1h0.004412+0.098%$786K$183K5xas long as short
edgeX PUMPUSDC+0.0100%4h0.004401−0.154%$65K$3.0M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004402−0.136%$1.2M$9.9M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004402−0.136%$139K$767K50xas long as short
Nado PUMP-PERP+0.0100%1h0.004398−0.216%$1.6M$2.0M10xas long as short
Polymarket Perps PUMP-USDlong+0.0100%1h0.004408long leg$98K$1.9M10x
Derive PUMP-PERP+0.0100%1h0.004409+0.021%$5K$13K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004413+0.113%$2K$718K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004411+0.068%$288$7K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004398−0.227%$22K$138K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004411+0.068%$2.0M$4.0M20xas long as short
Extended PUMP-USD+0.0104%1h0.004402−0.143%$3.6M$3.8M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004411+0.068%$73K$18K3xas long as short
Injective PUMP/USDC PERP+0.0182%1h0.004404−0.091%$39K$207K12xas long as short
Phoenix PUMP+0.0185%1h0.004394−0.306%$39K$100K10xas long as short
RISEx PUMP/USDCshort+0.0194%1h0.004404−0.102%$491K$1.0M10x
Deribit PUMP_USDC-PERPETUAL+0.0204%1h0.004411+0.068%$70K$126K25xas long as short
01 Exchange PUMPUSD+0.0312%1h0.004405−0.068%$6K$49710xas long as short
Coinbase International PUMP-PERP-INTX+0.0312%1h0.0044080.000%$697K$5.6M50xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0319% / S −0.0239%1h0.004405−0.068%$69K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004412+0.091%$3.5M$3.9M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004405−0.070%$23xas long as short
Aftermath Perps PUMPUSD+0.0440%1h0.004390−0.403%$183$106K10xas long as short
Hyperliquid PUMP+0.0607%1h0.004416+0.181%$162.5M$52.8M10xas long as short
Kraken Futures PF_PUMPUSD+0.0855%1h0.004417+0.194%$1.3M$3.5M50xas long as short