Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%

Price spread now: Polymarket Perps against OKX+0.112%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$340.345% of the position

Long on OKX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.125%−$12 on $10k

Price spread, last 7 days−0.112%−$11 · spread now +0.112%, 7d avg +0.028%

Together, before fees−0.237%−$24 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 0.085% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX PUMP-USDT-SWAP	0.004452	0.0100	pay 0.0050% / 4h	2h 33m	$24.4M	$94.5M	50x
Short	Polymarket Perps PUMP-USD	0.004457	0.0100	get 0.0013% / 1h	33m 29s	$111K	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against OKX. 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 OKXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.112%Rate

Funding earned: $0
Price spread: +0.112% → +0.028%: $8.48
Slippage, 4 orders: −$16.48
Fee OKX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$26
Costs to cover: 0.345%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Polymarket Perps: live order book, 5 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 OKX live order book, 5 min ago	1.13 bp	8.5 bp −$9	24.4 bp −$244	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	2.25 bp	6.8 bp −$7	9.3 bp −$93	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	−0.0015%	1h	0.004455	+0.074%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004452	0.000%	$18K	$242K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004451	−0.013%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0086%	4h	0.004452	0.000%	$4.9M	$10.4M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004456	+0.090%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.168%	$30K	$629K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004455	+0.079%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004456	+0.091%	$710K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004455	+0.067%	$536K	$767K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004456	+0.082%	$81.9M	$166.6M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAPlong	+0.0100%	4h	0.004452	long leg	$24.4M	$94.5M	50x
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004467	+0.328%	$31K	$167K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004463	+0.247%	$65K	$103K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004456	+0.090%	$23.9M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004451	−0.022%	$17.7M	$18.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004454	+0.045%	—	$13.7M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004462	+0.222%	$803K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004491	+0.880%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004450	−0.047%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004504	+1.168%	$152K	$747K	50x	as long as short
Polymarket Perps PUMP-USDshort	+0.0100%	1h	0.004457	+0.112%	$111K	$2.1M	10x
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004462	+0.225%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004460	+0.190%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004463	+0.247%	$2K	$745K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004463	+0.247%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004464	+0.270%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004459	+0.157%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004457	+0.119%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004458	+0.135%	$66K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0104%	8h	0.004456	+0.088%	$42K	$276	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0198%	1h	0.004462	+0.225%	$69K	$115K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0271% / S −0.0200%	1h	0.004450	−0.045%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004462	+0.225%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004493	+0.921%	$3.8M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004453	+0.018%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004460	+0.186%	$45K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004469	+0.382%	$717K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0492%	1h	0.004458	+0.135%	$166.8M	$49.1M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004496	+0.988%	$38K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004463	+0.240%	$530K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0820%	1h	0.004463	+0.238%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1094%	1h	0.004461	+0.191%	$517	$104K	10x	as long as short