Spread before costs (cost unknown: a leg has no order-book sample)−0.056%
7d average−0.098%if it closes, per $10,000$6funding while held, a day−$2.14
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix PUMP | 0.004266 | 0.0171 | pay 0.0021% / 1h | 58m 29s | $38K | $99K | 10x |
| Short | Polymarket Perps PUMP-USD | 0.004264 | 0.0100 | get 0.0013% / 1h | 58m 29s | $90K | $2.0M | 10x |
Phoenix PUMP
Polymarket Perps PUMP-USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$5.63
- Funding while held
- −$2.14
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$22.77
- Spread needed to break even
- 0.150%
Slippage unknown: Phoenix: no order-book sample; Polymarket Perps: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0071%
- Per $10,000 a day
- −$2.14
- Average in range /8h
- —
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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 2 min ago | 3.52 bp | 9.7 bp −$10 | 10.6 bp −$106 | doesn't fit | doesn't fit |
Phoenix: 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 price on every exchange
against the cheapest. Click to use as the short leg.Popdex0.004200cheapestNado0.004257+1.369%Aster0.004259+1.405%SoDEX0.004259+1.405%HTX0.004259+1.405%Lighter0.004260+1.429%Pacifica0.004260+1.429%OKX0.004260+1.429%Gate0.004260+1.429%Perpl0.004260+1.429%Paradex0.004261+1.440%Reya0.004261+1.442%Binance0.004261+1.452%Bitget0.004261+1.452%Orderly0.004261+1.452%Aevo0.004261+1.452%Phemex0.004261+1.452%Backpack0.004261+1.457%Extended0.004261+1.462%BingX0.004262+1.476%GMX0.004262+1.476%Derive0.004263+1.494%Arcus0.004263+1.500%KuCoin0.004263+1.500%dYdX0.004263+1.501%Ondo Perps0.004263+1.512%gTrade (Gains Network)0.004264+1.523%Hyperliquid0.004264+1.524%RISEx0.004264+1.524%01 Exchange0.004264+1.524%
Popdex
Nado
Aster
SoDEX
HTX
Lighter
Pacifica
OKX
Gate
Perpl
Paradex
Reya
Binance
Bitget
Orderly
Aevo
Phemex
Backpack
Extended
BingX
GMX
Derive
Arcus
KuCoin
dYdX
Ondo Perps
gTrade (Gains Network)
Hyperliquid
RISExPolymarket Perps0.004264+1.524%
SunX0.004264+1.524%Deribit0.004264+1.524%Coinbase International0.004266+1.571%BloFin0.004266+1.571%
SunX
Deribit
Coinbase International
BloFinPhoenix0.004266+1.581%
Aftermath Perps0.004268+1.616%Kraken Futures0.004269+1.634%ApeX Omni0.004269+1.643%edgeX0.004271+1.690%Injective0.004272+1.714%
Kraken Futures
ApeX Omni
InjectivePUMP on 41 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Popdex PUMPUSDT | −1.556% | +0.0096% | 1h | $26K | $830K | 20x | as long as short |
| Nado PUMP-PERP | −0.209% | +0.0100% | 1h | $1.6M | $2.1M | 10x | as long as short |
| Aster PUMPUSDT | −0.173% | −0.0029% | 4h | $751K | $2.4M | 50x | as long as short |
| SoDEX PUMP-USD | −0.173% | +0.0100% | 1h | $267 | $6K | 10x | as long as short |
| HTX PUMP-USDT | −0.173% | +0.0100% | 4h | $22K | $154K | 20x | as long as short |
| Lighter PUMP | −0.150% | +0.0096% | 1h | $2.9M | $6.6M | 10x | as long as short |
| Pacifica PUMP | −0.150% | +0.0100% | 1h | $446K | $639K | 10x | as long as short |
| OKX PUMP-USDT-SWAP | −0.150% | +0.0093% | 4h | $22.5M | $99.2M | 50x | as long as short |
| Gate PUMP_USDT | −0.150% | +0.0058% | 4h | $4.6M | $11.9M | 75x | as long as short |
| Perpl PUMP | −0.150% | −0.0112% | 43m | $19K | $205K | 20x | as long as short |