Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0698%/8h= +76.4% APRpaid last 24h 0.000%

Price spread now: HTX against ApeX Omni+0.717%76s7-day average −0.094% · you sell dearer than you buy

Net, funding: paid 7d − costs−$160as 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−$1611.611% of the position

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.012%+$1 on $10k

Price spread, last 3 days (all we have)−0.773%−$77 · spread now +0.717%, 7d avg −0.094%

Together, before fees−0.761%−$76 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and HTX is 0.811% dearer against ApeX Omni than usual: you sell high and buy low: +$81 more if the spread goes back to its 7-day average of −0.094%. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni PUMPUSDT	0.004466	−0.0598	get 0.0075% / 1h	53m 46s	$149K	$751K	50x
Short	HTX PUMP-USDT	0.004498	0.0100	get 0.0050% / 4h	1h 53m	$22K	$117K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against ApeX Omni. 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 ApeX OmnibpFee HTXbpOrdersPrice spread, now +0.717%Rate

Funding earned: $146.56
Price spread: +0.717% → −0.094%: $81.08
Slippage, 4 orders: −$139.09
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $66.55
Costs to cover: 1.611%
Break-even: 3.8 days

Slippage from ApeX Omni: live order book, 10 min ago; HTX: live order book, 7 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 ApeX Omni live order book, 10 min ago	5.56 bp	13.3 bp −$13	104.1 bp −$1,041	doesn't fit	doesn't fit
Sell HTX live order book, 7 min ago	22.29 bp	62.4 bp −$62	doesn't fit	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
ApeX Omni PUMPUSDTlong	−0.0598%	1h	0.004466	long leg	$149K	$751K	50x
dYdX PUMP-USD	0.0000%	1h	0.004505	+0.873%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004495	+0.649%	$18K	$218K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004499	+0.739%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004496	+0.682%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0090%	4h	0.004499	+0.739%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004498	+0.717%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.478%	$27K	$779K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004498	+0.728%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004496	+0.672%	$704K	$2.4M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PUMP	+0.0100%	1h	0.004502	+0.806%	$524K	$722K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004498	+0.718%	$82.2M	$167.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004496	+0.672%	$24.4M	$99.0M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004484	+0.399%	$21K	$175K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004500	+0.761%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004493	+0.605%	$4.9M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004497	+0.694%	$23.9M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004497	+0.694%	$17.7M	$19.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004497	+0.694%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004493	+0.605%	$799K	$186K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004469	+0.059%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004478	+0.259%	$1.2M	$10.6M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004500	+0.761%	$105K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004498	+0.723%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004499	+0.739%	$2K	$744K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004499	+0.739%	$282	$7K	10x	as long as short
HTX PUMP-USDTshort	+0.0100%	4h	0.004498	+0.717%	$22K	$117K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004496	+0.672%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004501	+0.776%	$43K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004497	+0.694%	$72K	$8K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0233% / S −0.0085%	1h	0.004496	+0.672%	$61K	—	100x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004480	+0.311%	$43K	$103K	10x	as long as short
Extended PUMP-USD	+0.0280%	1h	0.004492	+0.592%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004502	+0.806%	$6K	$727	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004497	+0.688%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004501	+0.784%	$702K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004501	+0.783%	$535K	$1.0M	10x	as long as short
Hyperliquid PUMP	+0.0593%	1h	0.004505	+0.873%	$168.4M	$55.7M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0850%	1h	0.004492	+0.591%	$593	$113K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004503	+0.828%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1328%	1h	0.004504	+0.840%	$1.4M	$3.0M	50x	as long as short