Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.057%

Price spread now: ApeX Omni against Polymarket Perps+0.093%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$500.503% of the position

Long on Polymarket Perps Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.171%+$17 on $10k

Price spread, last 3 days (all we have)−0.321%−$32 · spread now +0.093%, 7d avg +0.043%

Together, before fees−0.150%−$15 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: ApeX Omni is 0.049% dearer against Polymarket Perps than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps PUMP-USD	0.004312	0.0100	pay 0.0013% / 1h	4m 45s	$90K	$1.9M	10x
Short	ApeX Omni PUMPUSDT	0.004316	0.0100	get 0.0013% / 1h	4m 45s	$136K	$771K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket 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 Polymarket PerpsbpFee ApeX OmnibpOrdersPrice spread, now +0.093%Rate

Funding earned: $0
Price spread: +0.093% → +0.043%: $4.95
Slippage, 4 orders: −$32.31
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$45.36
Costs to cover: 0.503%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 4 min ago; ApeX Omni: live order book, 19 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 Polymarket Perps live order book, 4 min ago	2.31 bp	6.3 bp −$6	8.9 bp −$89	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 19 min ago	5.77 bp	18.5 bp −$18	104.8 bp −$1,048	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	−0.5174%	1h	0.004314	+0.039%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0237%	1h	0.004309	−0.065%	$768K	$183K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004309	−0.070%	$20K	$206K	20x	as long as short
OKX PUMP-USDT-SWAP	−0.0065%	4h	0.004308	−0.093%	$22.5M	$95.3M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0026%	4h	0.004309	−0.070%	$40K	$10K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004311	−0.023%	$68K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004311	−0.026%	$54K	—	150x	as long as short
Gate PUMP_USDT	+0.0050%	4h	0.004308	−0.093%	$4.6M	$11.7M	75x	as long as short
01 Exchange PUMPUSD	+0.0080%	1h	0.004311	−0.023%	$6K	$497	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004310	−0.046%	$2.9M	$5.5M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.278%	$29K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004309	−0.068%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004308	−0.081%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004313	+0.023%	$157.9M	$52.5M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004310	−0.052%	$777K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004310	−0.046%	$447K	$607K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004309	−0.065%	$76.5M	$163.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004319	+0.167%	$25K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004309	−0.070%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004311	−0.023%	$22.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004310	−0.046%	$17.0M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004307	−0.116%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004322	+0.243%	$63K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004322	+0.233%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDTshort	+0.0100%	1h	0.004316	+0.093%	$136K	$771K	50x
Polymarket Perps PUMP-USDlong	+0.0100%	1h	0.004312	long leg	$90K	$1.9M	10x
Derive PUMP-PERP	+0.0100%	1h	0.004310	−0.039%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004311	−0.023%	$2K	$710K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004308	−0.093%	$710	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004309	−0.070%	$21K	$147K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004310	−0.046%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004308	−0.092%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004308	−0.093%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004312	−0.008%	$489K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004325	+0.311%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004313	+0.023%	$655K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0308% / S −0.0226%	1h	0.004310	−0.046%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004309	−0.070%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004308	−0.085%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0351%	1h	0.004321	+0.203%	$180	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.278%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0688%	1h	0.004314	+0.052%	$1.3M	$3.5M	50x	as long as short