Settings8H · net · $10k
Funding arb · Price arb /

PUMP

all PUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 19:00 UTC+0.0108%/8hnext payment +$0.13 per $10,000 · paid last 24h +0.062%
Price spread now: Coinbase International against Polymarket Perps0.000%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 3 days (all we have)−0.069%−$7 · spread now 0.000%, 7d avg +0.025%
Together, before fees+0.078%+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.025% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.025%). If the spread goes back, that is −$2 on $10k: about 18 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps PUMP-USD0.0042890.0100pay 0.0013% / 1h7m 08s$93K$1.9M10x
ShortCoinbase International PUMP-PERP-INTX0.0042890.0208get 0.0026% / 1h7m 08s$624K$6.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$22.68
Price spread: 0.000% → +0.025%
−$2.47
Slippage, 4 orders
−$24.83
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$22.62
Costs to cover
0.428%
Break-even
14.0 days
Slippage from Polymarket Perps: live order book, 1 min ago; Coinbase International: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 1 min ago2.33 bp6.3 bp −$68.2 bp −$82doesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago4.66 bp14.0 bp −$1419.6 bp −$196doesn't fitdoesn't fit

PUMP on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX PUMP-USD−0.0774%1h0.0042890.000%$20K$7K5xas long as short
Perpl PUMP0.0000%43m0.004283−0.140%$19K$207K20xas long as short
Deribit PUMP_USDC-PERPETUAL0.0000%1h0.004287−0.047%$69K$127K25xas long as short
gTrade (Gains Network) PUMP/USDL +0.0003% / S −0.0002%1h0.004288−0.029%$54K150xas long as short
Orderly PERP_PUMP_USDC+0.0017%4h0.004285−0.093%$40K$16K10xas long as short
Gate PUMP_USDT+0.0070%4h0.004285−0.093%$4.6M$12.0M75xas long as short
Aster PUMPUSDT+0.0072%4h0.004285−0.093%$755K$2.4M50xas long as short
Backpack PUMP_USDC_PERP+0.0086%1h0.004285−0.100%$767K$194K5xas long as short
Phoenix PUMP+0.0094%1h0.004287−0.042%$38K$100K10xas long as short
OKX PUMP-USDT-SWAP+0.0094%4h0.004282−0.163%$22.6M$98.0M50xas long as short
Show all 42 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter PUMP+0.0096%1h0.004284−0.117%$2.9M$6.7M10xas long as short
Popdex PUMPUSDT+0.0096%1h0.004200−2.075%$26K$822K20xas long as short
Paradex PUMP-USD-PERP+0.0100%8h0.004285−0.104%$41K5xas long as short
Nado PUMP-PERP+0.0100%1h0.004283−0.128%$1.6M$2.1M10xas long as short
Hyperliquid PUMP+0.0100%1h0.004292+0.070%$156.6M$54.3M10xas long as short
Pacifica PUMP+0.0100%1h0.004284−0.117%$445K$642K10xas long as short
Binance PUMPUSDT+0.0100%4h0.004283−0.138%$76.3M$175.7M75xas long as short
Ondo Perps PUMP-USD.P+0.0100%1h0.004277−0.289%$20K$197K5xas long as short
Arcus PUMP-USD+0.0100%1h0.004285−0.093%$41K$57K10xas long as short
KuCoin PUMPUSDTM+0.0100%4h0.004287−0.047%$22.6M$14.1M50xas long as short
Bitget PUMPUSDT+0.0100%4h0.004283−0.140%$17.1M$20.0M75xas long as short
BingX PUMP-USDT+0.0100%4h0.004283−0.140%$13.5Mas long as short
edgeX PUMPUSDC+0.0100%4h0.004282−0.163%$64K$3.2M20xas long as short
GRVT PUMP_USDT_Perp+0.0100%4h0.004280−0.219%$1.2M$10.2M10xas long as short
ApeX Omni PUMPUSDT+0.0100%1h0.004287−0.047%$107K$767K50xas long as short
Polymarket Perps PUMP-USDlong+0.0100%1h0.004289long leg$93K$1.9M10x
Derive PUMP-PERP+0.0100%1h0.004286−0.064%$4K$15K6.7xas long as short
SunX PUMP-USDT+0.0100%4h0.004286−0.070%$2K$738K20xas long as short
SoDEX PUMP-USD+0.0100%1h0.004283−0.140%$269$6K10xas long as short
HTX PUMP-USDT+0.0100%4h0.004283−0.140%$22K$154K20xas long as short
Phemex PUMPUSDT+0.0100%4h0.004284−0.117%$2.0M$4.1M20xas long as short
Extended PUMP-USD+0.0104%1h0.004282−0.158%$3.5M$3.8M50xas long as short
Aevo PUMP-PERP+0.0104%1h0.004284−0.117%$71K$18K3xas long as short
RISEx PUMP/USDC+0.0117%1h0.004286−0.070%$490K$1.0M10xas long as short
01 Exchange PUMPUSD+0.0128%1h0.004286−0.070%$6K$49710xas long as short
Coinbase International PUMP-PERP-INTXshort+0.0208%1h0.0042890.000%$624K$6.0M50x
Aftermath Perps PUMPUSD+0.0227%1h0.004283−0.144%$178$115K10xas long as short
GMX PUMP/USD [WBTC.b-USDC]L +0.0304% / S −0.0222%1h0.004286−0.070%$66K100xas long as short
BloFin PUMP-USDT+0.0340%4h0.004283−0.140%$3.5M$4.4M75xas long as short
Reya PUMPRUSDPERP+0.0344%1h0.004283−0.129%$23xas long as short
Injective PUMP/USDC PERP+0.0603%1h0.004284−0.117%$38K$207K12xas long as short
Kraken Futures PF_PUMPUSD+0.0786%1h0.004289+0.001%$1.3M$3.6M50xas long as short