Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%

Price spread now: OKX against HTX−0.067%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$222as in the Funding arb table

Net, price: spread back to 7d avg − costs−$224as in the Price arb table

costs, in and out, $10k−$2162.161% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.067%, 7d avg +0.015%

Together, before fees+0.070%+$7 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: OKX is 0.082% cheaper against HTX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX PUMP-USDT	0.004491	0.0100	pay 0.0050% / 4h	2h 35m	$21K	$93K	20x
Short	OKX PUMP-USDT-SWAP	0.004488	0.0100	get 0.0050% / 4h	2h 35m	$24.6M	$95.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against HTX. 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 HTXbpFee OKXbpOrdersPrice spread, now −0.067%Rate

Funding earned: $0
Price spread: −0.067% → +0.015%: −$8.22
Slippage, 4 orders: −$194.14
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$224.36
Costs to cover: 2.161%
Break-even: never at this rate

Slippage from HTX: live order book, 76 min ago; OKX: live order book, 4 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 HTX live order book, 76 min ago	19.16 bp	55.6 bp −$56	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	1.13 bp	10.7 bp −$11	27.8 bp −$278	158.8 bp −$15.9K	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	−0.0016%	1h	0.004494	+0.074%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004497	+0.134%	$18K	$242K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004499	+0.178%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004498	+0.156%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.026%	$29K	$623K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004500	+0.212%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004495	+0.096%	$716K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004495	+0.089%	$541K	$767K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004495	+0.096%	$82.6M	$166.4M	75x	as long as short
OKX PUMP-USDT-SWAPshort	+0.0100%	4h	0.004488	−0.067%	$24.6M	$95.3M	50x

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	0.004453	−0.837%	$31K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004493	+0.045%	$65K	$101K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004498	+0.156%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004502	+0.245%	$24.1M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004499	+0.178%	$17.9M	$18.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004501	+0.223%	—	$13.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004449	−0.931%	$801K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004443	−1.060%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004450	−0.915%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004450	−0.913%	$150K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004502	+0.245%	$112K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004499	+0.178%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004496	+0.121%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004496	+0.111%	$2K	$742K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004496	+0.111%	$282	$7K	10x	as long as short
HTX PUMP-USDTlong	+0.0100%	4h	0.004491	long leg	$21K	$93K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004493	+0.045%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004497	+0.140%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004496	+0.111%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0104%	8h	0.004497	+0.140%	$43K	$276	5x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004497	+0.134%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0312%	1h	0.004502	+0.245%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004493	+0.045%	$3.8M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004503	+0.263%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004438	−1.189%	$45K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004504	+0.289%	$725K	$5.6M	50x	as long as short
Hyperliquid PUMP	+0.0515%	1h	0.004506	+0.334%	$168.5M	$49.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004496	+0.111%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0639%	1h	0.004502	+0.245%	$70K	$115K	25x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004494	+0.065%	$534K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0814%	1h	0.004497	+0.126%	$1.1M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1057%	1h	0.004462	−0.645%	$715	$104K	10x	as long as short