Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.124%

Price spread now: BloFin against Polymarket Perps−0.046%45s7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs+$25as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$340.343% of the position

Long on Polymarket Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.588%+$59 on $10k

Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.046%, 7d avg +0.012%

Together, before fees+0.594%+$59 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.058% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.012%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$7 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps PUMP-USD	0.004352	0.0100	pay 0.0013% / 1h	24m 11s	$94K	$1.9M	10x
Short	BloFin PUMP-USDT	0.004350	0.0340	get 0.0170% / 4h	24m 11s	$3.5M	$4.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.046%Rate

Funding earned: $50.4
Price spread: −0.046% → +0.012%: −$5.81
Slippage, 4 orders: −$14.26
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $10.33
Costs to cover: 0.343%
Break-even: 5.6 days

Slippage from Polymarket Perps: live order book, 5 min ago; BloFin: live order book, 4 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, 5 min ago	2.29 bp	8.5 bp −$8	9.6 bp −$96	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	3.44 bp	9.4 bp −$9	13.0 bp −$130	34.6 bp −$3,461	112.7 bp −$56.4K

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	−0.0052%	1h	0.004355	+0.076%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004347	−0.115%	$18K	$204K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004351	−0.023%	$69K	$126K	25x	as long as short
OKX PUMP-USDT-SWAP	+0.0002%	4h	0.004348	−0.092%	$22.7M	$96.3M	50x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004349	−0.064%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0015%	4h	0.004349	−0.069%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004349	−0.069%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.195%	$26K	$769K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004349	−0.074%	$42K	—	5x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004350	−0.050%	$725K	$2.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PUMP	+0.0100%	1h	0.004350	−0.046%	$454K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004349	−0.069%	$77.6M	$164.1M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004347	−0.108%	$26K	$163K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004350	−0.046%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004347	−0.115%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004352	0.000%	$23.1M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004345	−0.161%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004344	−0.184%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004346	−0.149%	$774K	$182K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004359	+0.169%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004362	+0.226%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004363	+0.253%	$138K	$763K	50x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004348	−0.080%	$1.6M	$2.0M	10x	as long as short
Polymarket Perps PUMP-USDlong	+0.0100%	1h	0.004352	long leg	$94K	$1.9M	10x
Derive PUMP-PERP	+0.0100%	1h	0.004350	−0.053%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004352	0.000%	$2K	$718K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004349	−0.069%	$279	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004346	−0.138%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004348	−0.092%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004348	−0.101%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004348	−0.092%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004359	+0.152%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004367	+0.345%	$38K	$207K	12x	as long as short
Hyperliquid PUMP	+0.0190%	1h	0.004350	−0.046%	$160.0M	$53.1M	10x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004351	−0.023%	$483K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004351	−0.023%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004354	+0.046%	$675K	$5.5M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0321% / S −0.0243%	1h	0.004349	−0.069%	$68K	—	100x	as long as short
BloFin PUMP-USDTshort	+0.0340%	4h	0.004350	−0.046%	$3.5M	$4.0M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004348	−0.095%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0425%	1h	0.004360	+0.174%	$181	$106K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0867%	1h	0.004355	+0.060%	$1.3M	$3.5M	50x	as long as short