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 −0.001%

Price spread now: Gate against HTX+0.137%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$198as in the Funding arb table

Net, price: spread back to 7d avg − costs−$178as in the Price arb table

costs, in and out, $10k−$1891.889% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 3 days (all we have)−0.076%−$8 · spread now +0.137%, 7d avg +0.023%

Together, before fees−0.168%−$17 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: Gate is 0.113% dearer against HTX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX PUMP-USDT	0.004395	0.0100	pay 0.0050% / 4h	55m 45s	$22K	$138K	20x
Short	Gate PUMP_USDT	0.004401	0.0100	get 0.0050% / 4h	55m 45s	$4.7M	$11.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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 HTXbpFee GatebpOrdersPrice spread, now +0.137%Rate

Funding earned: $0
Price spread: +0.137% → +0.023%: $11.31
Slippage, 4 orders: −$161.86
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$177.55
Costs to cover: 1.889%
Break-even: never at this rate

Slippage from HTX: live order book, 20 min ago; Gate: 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 HTX live order book, 20 min ago	12.67 bp	75.9 bp −$76	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.14 bp	15.7 bp −$16	38.2 bp −$382	79.2 bp −$7,921	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
OKX PUMP-USDT-SWAP	−0.0022%	4h	0.004404	+0.205%	$23.0M	$97.4M	50x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004400	+0.114%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004400	+0.114%	$18K	$204K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004399	+0.091%	$70K	$126K	25x	as long as short
Orderly PERP_PUMP_USDC	+0.0002%	4h	0.004398	+0.068%	$41K	$10K	10x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004398	+0.074%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004400	+0.114%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	+0.114%	$29K	$765K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004405	+0.234%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004399	+0.102%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004399	+0.093%	$782K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004403	+0.182%	$459K	$605K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004402	+0.154%	$78.4M	$164.6M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004399	+0.082%	$26K	$176K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004406	+0.250%	$43K	$53K	10x	as long as short
Gate PUMP_USDTshort	+0.0100%	4h	0.004401	+0.137%	$4.7M	$11.4M	75x
KuCoin PUMPUSDTM	+0.0100%	4h	0.004403	+0.182%	$23.3M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004404	+0.205%	$17.5M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004405	+0.228%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004399	+0.098%	$784K	$183K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004390	−0.121%	$65K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004389	−0.137%	$1.2M	$9.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004393	−0.046%	$139K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004403	+0.182%	$98K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004399	+0.085%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004400	+0.114%	$2K	$717K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004398	+0.068%	$293	$7K	10x	as long as short
HTX PUMP-USDTlong	+0.0100%	4h	0.004395	long leg	$22K	$138K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004397	+0.046%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004405	+0.222%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004398	+0.068%	$72K	$18K	3x	as long as short
Injective PUMP/USDC PERP	+0.0182%	1h	0.004398	+0.068%	$39K	$207K	12x	as long as short
Phoenix PUMP	+0.0185%	1h	0.004394	−0.011%	$39K	$100K	10x	as long as short
RISEx PUMP/USDC	+0.0194%	1h	0.004407	+0.284%	$491K	$1.0M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004403	+0.182%	$690K	$5.6M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0318% / S −0.0239%	1h	0.004398	+0.068%	$69K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0336%	1h	0.004404	+0.205%	$6K	$497	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004405	+0.228%	$3.5M	$3.9M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004399	+0.088%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0429%	1h	0.004386	−0.195%	$182	$106K	10x	as long as short
Hyperliquid PUMP	+0.0633%	1h	0.004406	+0.250%	$162.1M	$52.8M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0858%	1h	0.004403	+0.173%	$1.3M	$3.5M	50x	as long as short