Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.048%

Price spread now: Polymarket Perps against KuCoin+0.135%49s7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as 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−$530.529% of the position

Long on KuCoin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.183%−$18 on $10k

Price spread, last 7 days−0.049%−$5 · spread now +0.135%, 7d avg −0.046%

Together, before fees−0.232%−$23 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: Polymarket Perps is 0.181% dearer against KuCoin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.046%. The two prices were read 49 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	KuCoin PUMPUSDTM	0.004449	0.0100	pay 0.0050% / 4h	3h 26m	$23.5M	$13.9M	50x
Short	Polymarket Perps PUMP-USD	0.004455	0.0100	get 0.0013% / 1h	26m 49s	$107K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. 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 KuCoinbpFee Polymarket PerpsbpOrdersPrice spread, now +0.135%Rate

Funding earned: $0
Price spread: +0.135% → −0.046%: $18.12
Slippage, 4 orders: −$32.89
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$34.77
Costs to cover: 0.529%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Polymarket Perps: live order book, 2 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 KuCoin live order book, 2 min ago	2.24 bp	23.6 bp −$24	59.0 bp −$590	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	1.12 bp	6.1 bp −$6	10.7 bp −$107	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	−0.0019%	1h	0.004446	−0.061%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004450	+0.022%	$18K	$209K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004451	+0.037%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0049%	4h	0.004450	+0.022%	$42K	$10K	10x	as long as short
OKX PUMP-USDT-SWAP	+0.0073%	4h	0.004444	−0.112%	$23.4M	$98.7M	50x	as long as short
Lighter PUMP	+0.0096%	1h	0.004446	−0.067%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.101%	$30K	$786K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004448	−0.011%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004446	−0.060%	$722K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004446	−0.067%	$470K	$626K	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	0.004446	−0.072%	$79.8M	$164.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004443	−0.137%	$26K	$168K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004449	0.000%	$43K	$52K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004445	−0.090%	$4.8M	$10.6M	75x	as long as short
KuCoin PUMPUSDTMlong	+0.0100%	4h	0.004449	long leg	$23.5M	$13.9M	50x
Bitget PUMPUSDT	+0.0100%	4h	0.004444	−0.112%	$17.8M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004445	−0.090%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004449	−0.004%	$792K	$174K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004433	−0.353%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004432	−0.375%	$1.2M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004435	−0.315%	$140K	$760K	50x	as long as short
Polymarket Perps PUMP-USDshort	+0.0100%	1h	0.004455	+0.135%	$107K	$1.9M	10x
Derive PUMP-PERP	+0.0100%	1h	0.004451	+0.037%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004454	+0.112%	$1K	$727K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004450	+0.022%	$279	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004441	−0.180%	$21K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004450	+0.022%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004446	−0.067%	$43K	$110	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004444	−0.123%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004444	−0.112%	$71K	$12K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0199%	1h	0.004452	+0.067%	$71K	$125K	25x	as long as short
01 Exchange PUMPUSD	+0.0232%	1h	0.004456	+0.157%	$6K	$830	10x	as long as short
Phoenix PUMP	+0.0237%	1h	0.004431	−0.398%	$40K	$99K	10x	as long as short
RISEx PUMP/USDC	+0.0297%	1h	0.004449	−0.005%	$485K	$1.0M	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004450	+0.022%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004452	+0.063%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0349% / S −0.0287%	1h	0.004449	0.000%	$74K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0352%	1h	0.004454	+0.112%	$694K	$5.7M	50x	as long as short
Hyperliquid PUMP	+0.0438%	1h	0.004452	+0.067%	$163.8M	$54.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0480%	1h	0.004444	−0.112%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0627%	1h	0.004436	−0.289%	$387	$107K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0924%	1h	0.004455	+0.128%	$1.3M	$3.5M	50x	as long as short