Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Bitget+0.111%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$180as in the Funding arb table

Net, price: spread back to 7d avg − costs−$165as in the Price arb table

costs, in and out, $10k−$1801.801% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 3 days (all we have)−0.193%−$19 · spread now +0.111%, 7d avg −0.035%

Together, before fees−0.189%−$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: HTX is 0.146% dearer against Bitget than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget PUMPUSDT	0.004488	0.0100	pay 0.0050% / 4h	2h 03m	$17.7M	$19.7M	75x
Short	HTX PUMP-USDT	0.004493	0.0100	get 0.0050% / 4h	2h 03m	$21K	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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 BitgetbpFee HTXbpOrdersPrice spread, now +0.111%Rate

Funding earned: $0
Price spread: +0.111% → −0.035%: $14.6
Slippage, 4 orders: −$156.08
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$165.48
Costs to cover: 1.801%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; HTX: live order book, 63 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 Bitget live order book, 1 min ago	4.45 bp	14.8 bp −$15	30.9 bp −$309	doesn't fit	doesn't fit
Sell HTX live order book, 63 min ago	14.49 bp	68.8 bp −$69	doesn't fit	doesn't fit	doesn't fit

PUMP on 41 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	−0.4104%	1h	0.004491	+0.069%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004493	+0.111%	$18K	$214K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004492	+0.087%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0089%	4h	0.004493	+0.111%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004495	+0.156%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.961%	$28K	$778K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004496	+0.189%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004493	+0.118%	$696K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004492	+0.089%	$524K	$717K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004490	+0.054%	$82.1M	$167.5M	75x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004490	+0.045%	$24.4M	$98.6M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004485	−0.060%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004497	+0.201%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004487	−0.022%	$4.9M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004492	+0.089%	$23.9M	$14.0M	50x	as long as short
Bitget PUMPUSDTlong	+0.0100%	4h	0.004488	long leg	$17.7M	$19.7M	75x
BingX PUMP-USDT	+0.0100%	4h	0.004490	+0.045%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004489	+0.031%	$798K	$186K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004495	+0.155%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004487	−0.022%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004497	+0.201%	$150K	$750K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004498	+0.223%	$99K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004493	+0.113%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004493	+0.111%	$2K	$743K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004493	+0.111%	$282	$7K	10x	as long as short
HTX PUMP-USDTshort	+0.0100%	4h	0.004493	+0.111%	$21K	$116K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004491	+0.067%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004494	+0.126%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004490	+0.045%	$72K	$8K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0195%	1h	0.004494	+0.134%	$71K	$124K	25x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004498	+0.218%	$43K	$103K	10x	as long as short
Extended PUMP-USD	+0.0240%	1h	0.004492	+0.098%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004501	+0.290%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004500	+0.256%	$531K	$1.0M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004494	+0.129%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0350% / S −0.0278%	1h	0.004492	+0.089%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004498	+0.223%	$708K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004511	+0.512%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0720%	1h	0.004495	+0.156%	$168.5M	$55.3M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0870%	1h	0.004497	+0.196%	$594	$112K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1237%	1h	0.004499	+0.255%	$1.4M	$3.1M	50x	as long as short