Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:38 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.046%

Price spread now: HTX against Perpl0.000%7-day average −0.024% · you sell dearer than you buy

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

Long on Perpl Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.215%+$21 on $10k

Price spread, last 3 days (all we have)−0.089%−$9 · spread now 0.000%, 7d avg −0.024%

Together, before fees+0.126%+ Points / potential airdropPerpl: Active · farm board+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.024% dearer against Perpl than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Perpl PUMP	0.004496	0	get 0.0000% / 43m	0m 57s	$18K	$217K	20x
Short	HTX PUMP-USDT	0.004496	0.0100	get 0.0050% / 4h	1h 55m	$22K	$117K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Perpl. 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 PerplbpFee HTXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $21
Price spread: 0.000% → −0.024%: $2.41
Slippage, 4 orders: no order book: not counted
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$2.39
Costs to cover: 0.258%
Break-even: 7.8 days

Slippage unknown: Perpl: no order-book sample; HTX: live order book, 5 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 Perpl no order-book sample	—	—	—	—	—
Sell HTX live order book, 5 min ago	22.29 bp	62.4 bp −$62	doesn't fit	doesn't fit	doesn't fit

Perpl: 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 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	0.0000%	1h	0.004499	+0.072%	$21K	$9K	5x	as long as short
Perpl PUMPlong	0.0000%	43m	0.004496	long leg	$18K	$217K	20x
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004499	+0.067%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0090%	4h	0.004500	+0.089%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004498	+0.044%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	+0.089%	$27K	$779K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004496	0.000%	$696K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004497	+0.022%	$523K	$722K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004494	−0.034%	$82.1M	$167.7M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004494	−0.044%	$24.3M	$98.8M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004484	−0.271%	$21K	$175K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004500	+0.089%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004494	−0.044%	$4.9M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004499	+0.067%	$23.9M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004494	−0.044%	$17.7M	$19.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004495	−0.022%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004497	+0.018%	$800K	$186K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004486	−0.230%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004484	−0.274%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004482	−0.311%	$149K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004503	+0.156%	$103K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004499	+0.077%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004500	+0.089%	$1K	$743K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004499	+0.067%	$282	$7K	10x	as long as short
HTX PUMP-USDTshort	+0.0100%	4h	0.004496	0.000%	$22K	$117K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004499	+0.067%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004500	+0.092%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004498	+0.044%	$72K	$8K	3x	as long as short
Nado PUMP-PERP	+0.0107%	1h	0.004498	+0.056%	$1.7M	$2.0M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0195%	1h	0.004500	+0.089%	$71K	$124K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0234% / S −0.0085%	1h	0.004499	+0.067%	$61K	—	100x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004489	−0.145%	$43K	$91K	10x	as long as short
Extended PUMP-USD	+0.0272%	1h	0.004492	−0.080%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0336%	1h	0.004504	+0.178%	$6K	$727	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004500	+0.084%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004477	−0.423%	$702K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0527%	1h	0.004502	+0.133%	$168.1M	$55.9M	10x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004503	+0.145%	$535K	$1.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0857%	1h	0.004488	−0.184%	$593	$113K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004491	−0.111%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1328%	1h	0.004505	+0.204%	$1.4M	$3.1M	50x	as long as short