Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Derive against Paradex−0.006%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Derive

What this pair did over the last

the charts below follow

Funding, last 3 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex PUMP-USD-PERP	0.004315	0.0100	pay 0.0100% / 8h	2h 56m	$41K	—	5x
Short	Derive PUMP-PERP	0.004314	0.0100	get 0.0013% / 1h	56m 11s	$4K	$13K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.006%Rate

Funding earned: $0
Price spread: −0.006% → 0.000%: −$0.56
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Derive: 3 bp × 2 orders: −$6
Net: −$10.55
Costs to cover: 0.100%
Break-even: 19538.9 days

Slippage unknown: Paradex: no order-book sample; Derive: no order-book sample. 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 Derive no order-book sample	—	—	—	—	—

Paradex and Derive: 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	−0.5400%	1h	0.004322	+0.171%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0047%	1h	0.004313	−0.044%	$770K	$184K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0046%	4h	0.004312	−0.062%	$22.6M	$94.9M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0013%	4h	0.004313	−0.039%	$41K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004314	−0.016%	$20K	$201K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004315	+0.007%	$70K	$125K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004315	+0.008%	$55K	—	150x	as long as short
01 Exchange PUMPUSD	+0.0072%	1h	0.004314	−0.016%	$6K	$497	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004314	−0.016%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.340%	$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
Paradex PUMP-USD-PERPlong	+0.0100%	8h	0.004315	long leg	$41K	—	5x
Nado PUMP-PERP	+0.0100%	1h	0.004313	−0.027%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004316	+0.041%	$784K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004319	+0.100%	$449K	$614K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004314	−0.016%	$76.6M	$165.3M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004312	−0.057%	$20K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004315	+0.007%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004313	−0.039%	$4.6M	$11.6M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004317	+0.054%	$22.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004312	−0.062%	$17.1M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004312	−0.062%	—	$12.9M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004323	+0.184%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004324	+0.216%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004327	+0.286%	$137K	$766K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004315	+0.007%	$110K	$1.8M	10x	as long as short
Derive PUMP-PERPshort	+0.0100%	1h	0.004314	−0.006%	$4K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004320	+0.123%	$2K	$710K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004314	−0.016%	$711	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004318	+0.077%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004317	+0.054%	$2.0M	$4.1M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004314	−0.015%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004312	−0.062%	$71K	$18K	3x	as long as short
Hyperliquid PUMP	+0.0107%	1h	0.004319	+0.100%	$158.1M	$52.3M	10x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004315	+0.018%	$492K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0167%	1h	0.004322	+0.181%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004326	+0.262%	$657K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0221%	1h	0.004313	−0.039%	$67K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004314	−0.016%	$3.4M	$3.7M	75x	as long as short
Aftermath Perps PUMPUSD	+0.0340%	1h	0.004319	+0.098%	$200	$105K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004312	−0.072%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004327	+0.286%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0688%	1h	0.004319	+0.101%	$1.3M	$3.5M	50x	as long as short