Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0659%/8h= +72.2% APRpaid last 24h +0.069%

Price spread now: RISEx against Paradex+0.039%7-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 RISEx

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

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and RISEx is 0.039% dearer against Paradex than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex PUMP-USD-PERP	0.004520	0.0105	pay 0.0105% / 8h	1h 34m	$43K	$276	5x
Short	RISEx PUMP/USDC	0.004522	0.0764	get 0.0096% / 1h	34m 32s	$550K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.039%Rate

Funding earned: $138.44
Price spread: +0.039% → 0.000%: $3.89
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee RISEx: 3 bp × 2 orders: −$6
Net: $132.33
Costs to cover: 0.100%
Break-even: 0.3 days

Slippage unknown: Paradex: no order-book sample; RISEx: live order book, 4 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 RISEx live order book, 4 min ago	3.31 bp	6.3 bp −$6	11.3 bp −$113	doesn't fit	doesn't fit

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	−0.0002%	1h	0.004521	+0.032%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004521	+0.028%	$18K	$260K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004523	+0.072%	$69K	$116K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004514	−0.126%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004523	+0.072%	$2.9M	$4.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.437%	$33K	$635K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004517	−0.061%	$826K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004522	+0.050%	$536K	$850K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004519	−0.015%	$82.8M	$171.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004516	−0.083%	$24.7M	$98.9M	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	−0.207%	$27K	$161K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004520	+0.006%	$65K	$100K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004520	+0.006%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004524	+0.094%	$24.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004519	−0.016%	$17.8M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004519	−0.016%	—	$14.2M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004522	+0.052%	$809K	$201K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004530	+0.220%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004521	+0.028%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004531	+0.249%	$153K	$744K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004525	+0.116%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004521	+0.028%	$43K	$6K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004514	−0.137%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004519	−0.016%	$1K	$767K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004522	+0.050%	$284	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004511	−0.193%	$21K	$85K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004521	+0.028%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004517	−0.051%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004520	+0.006%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERPlong	+0.0105%	8h	0.004520	long leg	$43K	$276	5x
Nado PUMP-PERP	+0.0190%	1h	0.004524	+0.105%	$1.6M	$2.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004522	+0.050%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0336%	1h	0.004521	+0.028%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004526	+0.139%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004523	+0.067%	$2	—	3x	as long as short
Phoenix PUMP	+0.0405%	1h	0.004526	+0.127%	$48K	$139K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0528%	1h	0.004531	+0.249%	$727K	$5.8M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0546%	1h	0.004524	+0.089%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004525	+0.116%	$38K	$205K	12x	as long as short
Hyperliquid PUMP	+0.0579%	1h	0.004526	+0.139%	$169.3M	$51.3M	10x	as long as short
RISEx PUMP/USDCshort	+0.0764%	1h	0.004522	+0.039%	$550K	$1.1M	10x
Aftermath Perps PUMPUSD	+0.1090%	1h	0.004528	+0.176%	$501	$112K	10x	as long as short