Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against Ondo Perps−0.530%7-day average −0.019% · you buy dearer than you sell

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

Long on Ondo Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 4 days (all we have)+0.651%+$65 · spread now −0.530%, 7d avg −0.019%

Together, before fees+0.668%+ Points / potential airdropOndo Perps: Active · farm board+$67 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: HTX is 0.510% cheaper against Ondo Perps than usual: you would sell low and buy high, −$51 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps PUMP-USD.P	0.004513	0.0100	pay 0.0013% / 1h	47m 50s	$17K	$155K	5x
Short	HTX PUMP-USDT	0.004489	0.0100	get 0.0050% / 4h	1h 47m	$23K	$127K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Ondo Perps. 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 Ondo PerpsbpFee HTXbpOrdersPrice spread, now −0.530%Rate

Funding earned: $0
Price spread: −0.530% → −0.019%: −$51.03
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$68.03
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; HTX: live order book, 61 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell HTX live order book, 61 min ago	11.10 bp	101.6 bp −$102	doesn't fit	doesn't fit	doesn't fit

Ondo Perps: 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 41 exchanges

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
Gate PUMP_USDT	−0.0072%	4h	0.004500	−0.286%	$4.8M	$9.6M	75x	as long as short
dYdX PUMP-USD	−0.0071%	1h	0.004499	−0.316%	$21K	$12K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004499	−0.308%	$18K	$268K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004499	−0.308%	$69K	$102K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004493	−0.437%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004501	−0.264%	$2.9M	$2.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.502%	$32K	$588K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004506	−0.153%	$167.7M	$47.5M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004499	−0.302%	$842K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004505	−0.175%	$513K	$832K	10x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004498	−0.320%	$81.7M	$172.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004501	−0.264%	$24.5M	$101.1M	50x	as long as short
Ondo Perps PUMP-USD.Plong	+0.0100%	1h	0.004513	long leg	$17K	$155K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004502	−0.242%	$52K	$155K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004506	−0.153%	$24.9M	$13.5M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004500	−0.286%	$17.7M	$18.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004501	−0.264%	—	$14.5M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004500	−0.292%	$813K	$216K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004524	+0.253%	$68K	$3.3M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004529	+0.357%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004523	+0.224%	$161K	$742K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004496	−0.374%	$107K	$1.8M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004496	−0.374%	$42K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004497	−0.352%	$1K	$765K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004499	−0.308%	$545	$7K	10x	as long as short
HTX PUMP-USDTshort	+0.0100%	4h	0.004489	−0.530%	$23K	$127K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004501	−0.264%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004504	−0.201%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004502	−0.241%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004498	−0.330%	$67K	$10K	3x	as long as short
Injective PUMP/USDC PERP	+0.0251%	1h	0.004542	+0.645%	$36K	$205K	12x	as long as short
01 Exchange PUMPUSD	+0.0272%	1h	0.004494	−0.419%	$6K	$333	10x	as long as short
Nado PUMP-PERP	+0.0284%	1h	0.004492	−0.452%	$1.6M	$2.0M	10x	as long as short
Phoenix PUMP	+0.0298%	1h	0.004531	+0.392%	$44K	$144K	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0278%	1h	0.004499	−0.308%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004521	+0.179%	$3.8M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004522	+0.211%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004498	−0.330%	$697K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0558%	1h	0.004496	−0.386%	$569K	$923K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0629%	1h	0.004502	−0.249%	$1.1M	$2.9M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0990%	1h	0.004528	+0.327%	$283	$99K	10x	as long as short