Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: HTX against Ondo Perps+0.260%7-day average −0.016% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.260%, 7d avg −0.016%

Together, before fees−0.120%+ Points / potential airdropOndo Perps: Active · farm board−$12 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 0.276% dearer against Ondo Perps than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps PUMP-USD.P	0.004430	0.0100	pay 0.0013% / 1h	21m 11s	$31K	$187K	5x
Short	HTX PUMP-USDT	0.004441	0.0100	get 0.0050% / 4h	3h 21m	$21K	$101K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Ondo 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 Ondo PerpsbpFee HTXbpOrdersPrice spread, now +0.260%Rate

Funding earned: $0
Price spread: +0.260% → −0.016%: $27.56
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: $10.56
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; HTX: live order book, 30 min ago. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell HTX live order book, 30 min ago	19.16 bp	141.4 bp −$141	doesn't fit	doesn't fit	doesn't fit

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.2996%	1h	0.004445	+0.354%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004445	+0.350%	$18K	$241K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004448	+0.415%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0032%	4h	0.004446	+0.373%	$4.9M	$10.5M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004450	+0.463%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.666%	$30K	$668K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004444	+0.339%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004448	+0.414%	$711K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004446	+0.373%	$494K	$824K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004448	+0.418%	$81.0M	$169.0M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004447	+0.395%	$24.3M	$96.2M	50x	as long as short
Ondo Perps PUMP-USD.Plong	+0.0100%	1h	0.004430	long leg	$31K	$187K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004449	+0.440%	$62K	$99K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004450	+0.463%	$23.9M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004447	+0.395%	$17.5M	$19.5M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004448	+0.418%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004448	+0.418%	$793K	$206K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004433	+0.072%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004437	+0.159%	$1.2M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004433	+0.079%	$148K	$746K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004451	+0.485%	$106K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004450	+0.463%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004448	+0.428%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004447	+0.395%	$2K	$754K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004449	+0.440%	$279	$7K	10x	as long as short
HTX PUMP-USDTshort	+0.0100%	4h	0.004441	+0.260%	$21K	$101K	20x
Phemex PUMPUSDT	+0.0100%	4h	0.004447	+0.395%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004448	+0.413%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004446	+0.373%	$66K	$13K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0200%	1h	0.004451	+0.485%	$71K	$122K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004448	+0.418%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0280%	1h	0.004448	+0.424%	$3.9M	$4.2M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004448	+0.418%	$3.7M	$4.5M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004447	+0.395%	$43K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004448	+0.411%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004450	+0.463%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004442	+0.282%	$38K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004450	+0.463%	$709K	$5.8M	50x	as long as short
Hyperliquid PUMP	+0.0520%	1h	0.004454	+0.553%	$166.8M	$51.7M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004450	+0.463%	$529K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0659%	1h	0.004451	+0.487%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1013%	1h	0.004440	+0.242%	$316	$108K	10x	as long as short