Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%

Price spread now: Binance against Polymarket Perps+0.009%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.134%+$13 on $10k

Price spread, last 7 days−0.013%−$1 · spread now +0.009%, 7d avg −0.016%

Together, before fees+0.121%+$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: Binance is 0.025% dearer against Polymarket Perps than usual: you sell high and buy low, +$2 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	Polymarket Perps PUMP-USD	0.004570	0.0100	pay 0.0013% / 1h	57m 16s	$107K	$2.3M	10x
Short	Binance PUMPUSDT	0.004570	0.0100	get 0.0050% / 4h	3h 57m	$83.7M	$176.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → −0.016%: $2.45
Slippage, 4 orders: −$14.12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$29.66
Costs to cover: 0.321%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 6 min ago; Binance: live order book, 1 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, 6 min ago	2.19 bp	6.2 bp −$6	8.8 bp −$88	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	1.09 bp	9.5 bp −$9	19.5 bp −$195	61.0 bp −$6,103	326.5 bp −$163.3K

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	0.0000%	1h	0.004575	+0.117%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004573	+0.066%	$18K	$273K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004565	−0.112%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004567	−0.066%	$3.0M	$4.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.532%	$30K	$658K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004570	0.000%	$863K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004578	+0.175%	$525K	$879K	10x	as long as short
Binance PUMPUSDTshort	+0.0100%	4h	0.004570	+0.009%	$83.7M	$176.4M	75x
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004566	−0.088%	$25.1M	$104.5M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004575	+0.118%	$27K	$164K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004579	+0.197%	$50K	$140K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004572	+0.044%	$4.9M	$9.9M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004575	+0.109%	$24.8M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004566	−0.088%	$17.9M	$19.3M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004567	−0.066%	—	$14.3M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004574	+0.077%	$820K	$211K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004567	−0.068%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004568	−0.052%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004568	−0.044%	$163K	$747K	50x	as long as short
Polymarket Perps PUMP-USDlong	+0.0100%	1h	0.004570	long leg	$107K	$2.3M	10x
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004566	−0.088%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004565	−0.107%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004565	−0.109%	$1K	$786K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004566	−0.088%	$256	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004566	−0.088%	$23K	$106K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004566	−0.088%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0103%	8h	0.004580	+0.225%	$44K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004566	−0.080%	$3.8M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004565	−0.109%	$68K	$10K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0188%	1h	0.004569	−0.022%	$70K	$116K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004565	−0.109%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004566	−0.088%	$3.4M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004571	+0.019%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	+0.263%	$38K	$204K	12x	as long as short
01 Exchange PUMPUSD	+0.0408%	1h	0.004577	+0.153%	$6K	$600	10x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004567	−0.070%	$44K	$138K	10x	as long as short
Nado PUMP-PERP	+0.0441%	1h	0.004575	+0.120%	$1.7M	$2.2M	10x	as long as short
Hyperliquid PUMP	+0.0504%	1h	0.004578	+0.175%	$171.2M	$51.1M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004576	+0.131%	$740K	$6.2M	50x	as long as short
RISEx PUMP/USDC	+0.0741%	1h	0.004573	+0.062%	$533K	$1.1M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0811%	1h	0.004569	−0.018%	$1.1M	$3.6M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1026%	1h	0.004574	+0.093%	$707	$111K	10x	as long as short