Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.084%

Price spread now: Polymarket Perps against BloFin+0.154%45s7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as 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−$410.411% of the position

Long on BloFin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.595%−$59 on $10k

Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.154%, 7d avg −0.006%

Together, before fees−0.711%−$71 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.161% dearer against BloFin than usual: you sell high and buy low (spread +0.154% now, against its 7-day average of −0.006%): +$16 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.2 days. The two prices were read 45 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	BloFin PUMP-USDT	0.004533	0.0340	pay 0.0170% / 4h	20m 21s	$3.8M	$4.7M	75x
Short	Polymarket Perps PUMP-USD	0.004540	0.0100	get 0.0013% / 1h	20m 21s	$107K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against BloFin. 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 BloFinbpFee Polymarket PerpsbpOrdersPrice spread, now +0.154%Rate

Funding earned: −$50.4
Price spread: +0.154% → −0.006%: $16.09
Slippage, 4 orders: −$21.07
Fee BloFin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$75.38
Costs to cover: 0.411%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Polymarket Perps: 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 BloFin live order book, 3 min ago	3.30 bp	10.0 bp −$10	12.7 bp −$127	33.6 bp −$3,360	142.9 bp −$71.5K
Sell Polymarket Perps live order book, 3 min ago	2.20 bp	9.1 bp −$9	12.2 bp −$122	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	0.0000%	1h	0.004528	−0.107%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004533	0.000%	$18K	$266K	20x	as long as short
Gate PUMP_USDT	+0.0002%	4h	0.004532	−0.022%	$5.0M	$10.2M	75x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004530	−0.077%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004529	−0.088%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.728%	$29K	$646K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004531	−0.050%	$846K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004528	−0.110%	$528K	$857K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004536	+0.064%	$82.9M	$172.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004535	+0.044%	$25.0M	$99.6M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004524	−0.196%	$27K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004530	−0.066%	$46K	$125K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004534	+0.022%	$24.6M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004535	+0.044%	$17.8M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004532	−0.022%	—	$14.3M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004530	−0.075%	$812K	$204K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004534	+0.022%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004527	−0.132%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004540	+0.154%	$153K	$742K	50x	as long as short
Polymarket Perps PUMP-USDshort	+0.0100%	1h	0.004540	+0.154%	$107K	$2.2M	10x
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004535	+0.044%	$42K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004528	−0.116%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004529	−0.088%	$2K	$771K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004529	−0.088%	$256	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004522	−0.243%	$22K	$74K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004529	−0.088%	$1.9M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004531	−0.039%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004530	−0.060%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004533	0.000%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0162%	1h	0.004541	+0.176%	$169.4M	$49.6M	10x	as long as short
Nado PUMP-PERP	+0.0169%	1h	0.004532	−0.011%	$1.7M	$2.1M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0192%	1h	0.004531	−0.044%	$69K	$116K	25x	as long as short
01 Exchange PUMPUSD	+0.0264%	1h	0.004535	+0.044%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0279%	1h	0.004543	+0.221%	$38K	$204K	12x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004528	−0.110%	$65K	—	100x	as long as short
BloFin PUMP-USDTlong	+0.0340%	4h	0.004533	long leg	$3.8M	$4.7M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004536	+0.061%	$2	—	3x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004532	−0.018%	$47K	$139K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0444%	1h	0.004531	−0.039%	$1.1M	$3.5M	50x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0536%	1h	0.004535	+0.044%	$732K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0784%	1h	0.004534	+0.022%	$538K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0895%	1h	0.004529	−0.081%	$501	$111K	10x	as long as short