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% APRpaid last 24h 0.000%

Price spread now: BingX against Paradex+0.084%48s7-day average — · you sell dearer than you buy

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

Long on Paradex Short on BingX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.084% dearer against Paradex than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex PUMP-USD-PERP	0.004303	0.0100	pay 0.0100% / 8h	2h 53m	$41K	—	5x
Short	BingX PUMP-USDT	0.004307	0.0100	get 0.0050% / 4h	2h 53m	—	$12.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Paradex. 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 ParadexbpFee BingXbpOrdersPrice spread, now +0.084%Rate

Funding earned: $0
Price spread: +0.084% → 0.000%: $8.44
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$5.56
Costs to cover: 0.140%
Break-even: 10786.9 days

Slippage unknown: Paradex: no order-book sample; BingX: live order book, 14 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 Paradex no order-book sample	—	—	—	—	—
Sell BingX live order book, 14 min ago	1.16 bp	6.2 bp −$6	11.0 bp −$110	39.4 bp −$3,940	137.7 bp −$68.8K

Paradex: 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	−0.5272%	1h	0.004312	+0.201%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0215%	1h	0.004307	+0.094%	$771K	$185K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0058%	4h	0.004307	+0.084%	$22.5M	$94.7M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0014%	4h	0.004306	+0.061%	$40K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004303	−0.009%	$19K	$202K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004309	+0.131%	$68K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004309	+0.133%	$55K	—	150x	as long as short
01 Exchange PUMPUSD	+0.0024%	1h	0.004317	+0.317%	$6K	$497	10x	as long as short
Lighter PUMP	+0.0080%	1h	0.004306	+0.061%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0080%	1h	0.004300	−0.078%	$29K	$775K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate PUMP_USDT	+0.0098%	4h	0.004305	+0.038%	$4.6M	$11.6M	75x	as long as short
Paradex PUMP-USD-PERPlong	+0.0100%	8h	0.004303	long leg	$41K	—	5x
Nado PUMP-PERP	+0.0100%	1h	0.004301	−0.043%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004314	+0.247%	$157.9M	$52.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004305	+0.042%	$782K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004311	+0.177%	$448K	$614K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004308	+0.116%	$76.5M	$165.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004325	+0.493%	$20K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004305	+0.038%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004310	+0.154%	$22.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004308	+0.108%	$17.1M	$19.2M	75x	as long as short
BingX PUMP-USDTshort	+0.0100%	4h	0.004307	+0.084%	—	$12.9M	—
edgeX PUMPUSDC	+0.0100%	4h	0.004316	+0.293%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004317	+0.326%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004318	+0.340%	$136K	$767K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004307	+0.084%	$107K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004308	+0.098%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004309	+0.131%	$1K	$709K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004305	+0.038%	$710	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004303	−0.009%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004306	+0.061%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004308	+0.109%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004305	+0.038%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004307	+0.096%	$491K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0167%	1h	0.004322	+0.445%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004313	+0.224%	$654K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0221%	1h	0.004308	+0.108%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004321	+0.410%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004305	+0.028%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0344%	1h	0.004318	+0.329%	$473	$105K	10x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004327	+0.549%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0689%	1h	0.004309	+0.141%	$1.3M	$3.5M	50x	as long as short