Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: Binance against Polymarket Perps−0.169%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$350.346% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.138%+$14 on $10k

Price spread, last 7 days+0.314%+$31 · spread now −0.169%, 7d avg −0.015%

Together, before fees+0.452%+$45 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: Binance is 0.154% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps PUMP-USD	0.004508	0.0100	pay 0.0013% / 1h	20m 15s	$106K	$1.8M	10x
Short	Binance PUMPUSDT	0.004500	0.0100	get 0.0050% / 4h	2h 20m	$81.7M	$174.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.169%Rate

Funding earned: $0
Price spread: −0.169% → −0.015%: −$15.37
Slippage, 4 orders: −$16.58
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$49.95
Costs to cover: 0.346%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; Binance: live order book, 1 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, 2 min ago	2.22 bp	10.8 bp −$11	24.4 bp −$244	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	1.11 bp	6.4 bp −$6	20.2 bp −$202	57.3 bp −$5,729	273.2 bp −$136.6K

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
dYdX PUMP-USD	−0.1300%	1h	0.004501	−0.155%	$21K	$11K	5x	as long as short
Gate PUMP_USDT	−0.0162%	4h	0.004501	−0.155%	$4.8M	$9.7M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004503	−0.111%	$18K	$263K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004505	−0.059%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004502	−0.133%	$2.9M	$2.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.177%	$38K	$588K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004510	+0.044%	$167.8M	$47.9M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004499	−0.203%	$833K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004505	−0.067%	$512K	$855K	10x	as long as short
Binance PUMPUSDTshort	+0.0100%	4h	0.004500	−0.169%	$81.7M	$174.0M	75x

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004501	−0.155%	$24.6M	$101.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004513	+0.102%	$27K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004508	0.000%	$50K	$152K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004505	−0.067%	$24.9M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004503	−0.111%	$17.7M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004505	−0.067%	—	$14.6M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004505	−0.058%	$813K	$213K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004511	+0.071%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004506	−0.044%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004517	+0.200%	$161K	$747K	50x	as long as short
Polymarket Perps PUMP-USDlong	+0.0100%	1h	0.004508	long leg	$106K	$1.8M	10x
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004502	−0.133%	$42K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004505	−0.067%	$2K	$779K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004501	−0.155%	$546	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004501	−0.155%	$23K	$126K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004504	−0.089%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004504	−0.079%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004501	−0.152%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004504	−0.089%	$67K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0220%	1h	0.004505	−0.055%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0301% / S −0.0272%	1h	0.004501	−0.155%	$64K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004508	0.000%	$6K	$465	10x	as long as short
Phoenix PUMP	+0.0331%	1h	0.004516	+0.169%	$44K	$142K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004510	+0.044%	$3.8M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004504	−0.099%	$2	—	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0417%	1h	0.004504	−0.089%	$69K	$103K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0552%	1h	0.004507	−0.022%	$696K	$6.1M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0675%	1h	0.004503	−0.105%	$1.1M	$3.4M	50x	as long as short
RISEx PUMP/USDC	+0.0683%	1h	0.004507	−0.024%	$563K	$1.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0937%	1h	0.004510	+0.038%	$499	$98K	10x	as long as short
Injective PUMP/USDC PERP	+0.0983%	1h	0.004520	+0.266%	$37K	$205K	12x	as long as short