Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.031%

Price spread now: edgeX against Polymarket Perps+0.045%7-day average −0.049% · 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−$32as in the Price arb table

costs, in and out, $10k−$420.417% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.134%+$13 on $10k

Price spread, last 7 days−0.156%−$16 · spread now +0.045%, 7d avg −0.049%

Together, before fees−0.022%+ Points / potential airdropedgeX: Active · farm board−$2 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: edgeX is 0.094% dearer against Polymarket Perps than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps PUMP-USD	0.004430	0.0100	pay 0.0013% / 1h	21m 09s	$102K	$2.1M	10x
Short	edgeX PUMPUSDC	0.004432	0.0100	get 0.0050% / 4h	21m 09s	$65K	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → −0.049%: $9.44
Slippage, 4 orders: −$24.74
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$32.3
Costs to cover: 0.417%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 3 min ago; edgeX: 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, 3 min ago	1.13 bp	5.7 bp −$6	7.5 bp −$75	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	3.38 bp	9.9 bp −$10	12.8 bp −$128	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	−0.2471%	1h	0.004432	+0.048%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004425	−0.113%	$18K	$238K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004428	−0.047%	$53K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004432	+0.045%	$2.8M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.677%	$29K	$785K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004428	−0.034%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004431	+0.014%	$703K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004433	+0.068%	$494K	$813K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004431	+0.016%	$80.8M	$174.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004430	0.000%	$24.0M	$98.2M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004441	+0.237%	$31K	$191K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004428	−0.045%	$62K	$102K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004427	−0.068%	$4.9M	$11.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004431	+0.023%	$23.7M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004429	−0.023%	$17.5M	$20.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004430	0.000%	—	$13.0M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004430	0.000%	$789K	$204K	5x	as long as short
edgeX PUMPUSDCshort	+0.0100%	4h	0.004432	+0.045%	$65K	$3.2M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004430	−0.003%	$1.2M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004436	+0.135%	$147K	$756K	50x	as long as short
Polymarket Perps PUMP-USDlong	+0.0100%	1h	0.004430	long leg	$102K	$2.1M	10x
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004428	−0.045%	$41K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004427	−0.070%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004429	−0.023%	$2K	$773K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004431	+0.023%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004425	−0.113%	$21K	$110K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004433	+0.068%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004428	−0.037%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004426	−0.090%	$71K	$8K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0202%	1h	0.004430	0.000%	$70K	$122K	25x	as long as short
Extended PUMP-USD	+0.0232%	1h	0.004428	−0.038%	$3.9M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0264%	1h	0.004429	−0.023%	$6K	$625	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004427	−0.068%	$53K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004430	0.000%	$3.6M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004428	−0.051%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004436	+0.140%	$42K	$120K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004440	+0.226%	$703K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0463%	1h	0.004438	+0.181%	$166.3M	$55.6M	10x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004429	−0.025%	$526K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004432	+0.045%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0799%	1h	0.004433	+0.074%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0949%	1h	0.004427	−0.079%	$585	$114K	10x	as long as short