Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against BingX−0.092%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$164as in the Funding arb table

Net, price: spread back to 7d avg − costs−$171as in the Price arb table

costs, in and out, $10k−$1641.636% of the position

Long on BingX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.092%, 7d avg −0.014%

Together, before fees+0.062%+$6 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: HTX is 0.078% cheaper against BingX than usual: you would sell low and buy high, −$8 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	BingX PUMP-USDT	0.004344	0.0100	pay 0.0050% / 4h	1h 20m	—	$12.7M	—
Short	HTX PUMP-USDT	0.004340	0.0100	get 0.0050% / 4h	1h 20m	$21K	$139K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against BingX. 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 BingXbpFee HTXbpOrdersPrice spread, now −0.092%Rate

Funding earned: $0
Price spread: −0.092% → −0.014%: −$7.77
Slippage, 4 orders: −$141.64
Fee BingX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$171.41
Costs to cover: 1.636%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; HTX: live order book, 60 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 BingX live order book, 7 min ago	1.16 bp	6.2 bp −$6	11.8 bp −$118	38.8 bp −$3,882	163.9 bp −$82.0K
Sell HTX live order book, 60 min ago	10.38 bp	72.8 bp −$73	doesn't fit	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	−0.4972%	1h	0.004345	+0.033%	$20K	$9K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0046%	4h	0.004342	−0.046%	$22.7M	$95.7M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0007%	4h	0.004344	0.000%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004342	−0.046%	$20K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004347	+0.069%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004346	+0.057%	$55K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0063%	1h	0.004343	−0.032%	$774K	$180K	5x	as long as short
Lighter PUMP	+0.0096%	1h	0.004342	−0.046%	$2.9M	$5.5M	10x	as long as short
01 Exchange PUMPUSD	+0.0096%	1h	0.004345	+0.023%	$6K	$497	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.013%	$29K	$764K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004342	−0.055%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004342	−0.035%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004349	+0.115%	$159.3M	$52.3M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004344	−0.005%	$786K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004346	+0.046%	$450K	$606K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004342	−0.046%	$77.3M	$163.3M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004333	−0.249%	$25K	$173K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004343	−0.023%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004344	0.000%	$4.7M	$11.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004346	+0.046%	$23.0M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004342	−0.046%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDTlong	+0.0100%	4h	0.004344	long leg	—	$12.7M	—
edgeX PUMPUSDC	+0.0100%	4h	0.004327	−0.384%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004334	−0.237%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004331	−0.299%	$137K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004347	+0.069%	$91K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004346	+0.048%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004346	+0.046%	$2K	$712K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004344	0.000%	$716	$6K	10x	as long as short
HTX PUMP-USDTshort	+0.0100%	4h	0.004340	−0.092%	$21K	$139K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004346	+0.046%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004341	−0.077%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004344	0.000%	$72K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0147%	1h	0.004345	+0.012%	$492K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004336	−0.191%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0280%	1h	0.004349	+0.115%	$671K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0312% / S −0.0230%	1h	0.004345	+0.023%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004345	+0.023%	$3.5M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004342	−0.047%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0412%	1h	0.004334	−0.227%	$180	$106K	10x	as long as short
Injective PUMP/USDC PERP	+0.0652%	1h	0.004333	−0.253%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0804%	1h	0.004350	+0.130%	$1.3M	$3.5M	50x	as long as short