Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%

Price spread now: Arcus against Polymarket Perps0.000%7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$360.356% of the position

Long on Polymarket Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.062%+$6 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now 0.000%, 7d avg −0.026%

Together, before fees−0.010%−$1 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: Arcus is 0.026% dearer against Polymarket Perps than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps PUMP-USD	0.004520	0.0100	pay 0.0013% / 1h	33m 57s	$107K	$2.2M	10x
Short	Arcus PUMP-USD	0.004520	0.0100	get 0.0013% / 1h	33m 57s	$65K	$100K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Polymarket 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 Polymarket PerpsbpFee ArcusbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.026%: $2.56
Slippage, 4 orders: −$23.13
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$33.07
Costs to cover: 0.356%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 5 min ago; Arcus: live order book, 35 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 Polymarket Perps live order book, 5 min ago	3.31 bp	9.4 bp −$9	10.1 bp −$101	doesn't fit	doesn't fit
Sell Arcus live order book, 35 min ago	4.42 bp	8.0 bp −$8	18.5 bp −$185	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	−0.0002%	1h	0.004521	+0.026%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004521	+0.022%	$18K	$260K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004517	−0.066%	$69K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004517	−0.066%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004519	−0.022%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.442%	$33K	$635K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004517	−0.066%	$826K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004522	+0.044%	$536K	$850K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004518	−0.035%	$82.8M	$172.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004519	−0.022%	$24.7M	$99.0M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004510	−0.212%	$27K	$161K	5x	as long as short
Arcus PUMP-USDshort	+0.0100%	1h	0.004520	0.000%	$65K	$100K	10x
Gate PUMP_USDT	+0.0100%	4h	0.004516	−0.088%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004520	0.000%	$24.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004519	−0.022%	$17.8M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004517	−0.066%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004518	−0.046%	$809K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004530	+0.215%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004521	+0.022%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004531	+0.243%	$153K	$744K	50x	as long as short
Polymarket Perps PUMP-USDlong	+0.0100%	1h	0.004520	long leg	$107K	$2.2M	10x
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004516	−0.088%	$43K	$6K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004514	−0.143%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004520	0.000%	$2K	$767K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004516	−0.088%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004514	−0.133%	$21K	$85K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004517	−0.066%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004517	−0.057%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004514	−0.133%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0105%	8h	0.004520	−0.006%	$43K	$276	5x	as long as short
Nado PUMP-PERP	+0.0198%	1h	0.004518	−0.033%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004522	+0.044%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0336%	1h	0.004521	+0.022%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004526	+0.133%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004517	−0.071%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004526	+0.122%	$48K	$139K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004521	+0.022%	$725K	$5.8M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0546%	1h	0.004518	−0.046%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004525	+0.111%	$38K	$205K	12x	as long as short
Hyperliquid PUMP	+0.0577%	1h	0.004524	+0.088%	$169.2M	$51.3M	10x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004522	+0.033%	$550K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1088%	1h	0.004526	+0.142%	$501	$112K	10x	as long as short