Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.407%

Price spread now: HTX against dYdX−0.200%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. HTX is 0.200% cheaper against dYdX than usual: you would sell low and buy high (spread −0.200% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 6.7 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX PUMP-USD	0.004501	0	get 0.0000% / 1h	48m 50s	$21K	$11K	5x
Short	HTX PUMP-USDT	0.004492	0.0100	get 0.0050% / 4h	2h 48m	$21K	$93K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against dYdX. 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 dYdXbpFee HTXbpOrdersPrice spread, now −0.200%Rate

Funding earned: $21
Price spread: −0.200% → 0.000%: −$20
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$21
Costs to cover: 0.220%
Break-even: 14.0 days

Slippage unknown: dYdX: no order-book sample; HTX: live order book, 62 min ago. Net counts fees only.

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 dYdX no order-book sample	—	—	—	—	—
Sell HTX live order book, 62 min ago	19.16 bp	141.4 bp −$141	doesn't fit	doesn't fit	doesn't fit

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDlong	0.0000%	1h	0.004501	long leg	$21K	$11K	5x
Perpl PUMP	0.0000%	43m	0.004496	−0.111%	$18K	$237K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004492	−0.200%	$70K	$117K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004495	−0.135%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0030%	4h	0.004485	−0.355%	$5.0M	$10.3M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004493	−0.178%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.244%	$28K	$628K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004496	−0.100%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004491	−0.213%	$714K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004501	0.000%	$539K	$761K	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	0.004490	−0.244%	$81.8M	$164.2M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004489	−0.267%	$24.7M	$94.8M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004497	−0.080%	$32K	$174K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004498	−0.067%	$65K	$101K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004492	−0.200%	$24.0M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004489	−0.267%	$17.7M	$18.5M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004489	−0.267%	—	$13.6M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004488	−0.295%	$801K	$200K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004472	−0.646%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004511	+0.222%	$1.3M	$10.2M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004502	+0.022%	$152K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004500	−0.022%	$111K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004489	−0.267%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004490	−0.254%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004486	−0.333%	$1K	$735K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004487	−0.311%	$282	$7K	10x	as long as short
HTX PUMP-USDTshort	+0.0100%	4h	0.004492	−0.200%	$21K	$93K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004490	−0.244%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004499	−0.052%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004487	−0.311%	$67K	$10K	3x	as long as short
Extended PUMP-USD	+0.0192%	1h	0.004487	−0.305%	$3.8M	$3.7M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004493	−0.178%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004499	−0.044%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004493	−0.178%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004495	−0.138%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004505	+0.091%	$46K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004497	−0.089%	$723K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0557%	1h	0.004497	−0.089%	$168.7M	$48.4M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004508	+0.156%	$39K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004498	−0.057%	$534K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0816%	1h	0.004488	−0.282%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1084%	1h	0.004494	−0.158%	$521	$102K	10x	as long as short