Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.042%

Price spread now: Bitget against Polymarket Perps+0.155%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$400.404% of the position

Long on Polymarket Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.179%+$18 on $10k

Price spread, last 7 days−0.205%−$20 · spread now +0.155%, 7d avg −0.014%

Together, before fees−0.026%−$3 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: Bitget is 0.168% dearer against Polymarket Perps than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps PUMP-USD	0.004528	0.0100	pay 0.0013% / 1h	25m 16s	$85K	$2.1M	10x
Short	Bitget PUMPUSDT	0.004535	0.0100	get 0.0050% / 4h	2h 25m	$17.9M	$19.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.155%Rate

Funding earned: $0
Price spread: +0.155% → −0.014%: $16.83
Slippage, 4 orders: −$20.45
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$23.61
Costs to cover: 0.404%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 4 min ago; Bitget: live order book, 3 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	1.11 bp	9.6 bp −$10	9.9 bp −$99	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	2.23 bp	11.6 bp −$12	27.2 bp −$272	doesn't fit	doesn't fit

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	−0.2802%	1h	0.004507	−0.458%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004525	−0.066%	$18K	$209K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004529	+0.019%	$55K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0070%	4h	0.004537	+0.199%	$43K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004536	+0.177%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.618%	$31K	$771K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004525	−0.055%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004519	−0.206%	$731K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004512	−0.353%	$495K	$662K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004530	+0.052%	$81.8M	$166.3M	75x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004536	+0.177%	$24.5M	$99.8M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004495	−0.731%	$21K	$171K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004515	−0.287%	$40K	$63K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004531	+0.066%	$4.9M	$11.0M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004531	+0.066%	$24.1M	$13.9M	50x	as long as short
Bitget PUMPUSDTshort	+0.0100%	4h	0.004535	+0.155%	$17.9M	$19.6M	75x
BingX PUMP-USDT	+0.0100%	4h	0.004530	+0.044%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004513	−0.338%	$799K	$187K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004504	−0.523%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004508	−0.452%	$1.3M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004481	−1.038%	$139K	$754K	50x	as long as short
Polymarket Perps PUMP-USDlong	+0.0100%	1h	0.004528	long leg	$85K	$2.1M	10x
Derive PUMP-PERP	+0.0100%	1h	0.004534	+0.128%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004535	+0.155%	$2K	$738K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004535	+0.155%	$285	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004532	+0.088%	$22K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004532	+0.088%	$2.1M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004517	−0.242%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004535	+0.161%	$3.8M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004532	+0.088%	$72K	$8K	3x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004518	−0.210%	$42K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0264%	1h	0.004522	−0.133%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004518	−0.231%	$556K	$1.0M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004528	−0.005%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0361% / S −0.0291%	1h	0.004529	+0.022%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004541	+0.287%	$721K	$5.9M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0412%	1h	0.004537	+0.199%	$72K	$124K	25x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004518	−0.221%	$39K	$203K	12x	as long as short
Hyperliquid PUMP	+0.0670%	1h	0.004528	0.000%	$169.1M	$55.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0748%	1h	0.004492	−0.786%	$595	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1225%	1h	0.004543	+0.323%	$1.3M	$3.1M	50x	as long as short