Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h +0.001%

Price spread now: Paradex against Popdex+0.210%7-day average — · you sell dearer than you buy

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

Long on Popdex Short on Paradex

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.210% dearer against Popdex than usual: you sell high and buy low, +$21 on $10k if it 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	Popdex PUMPUSDT	0.004400	0.0096	pay 0.0012% / 1h	49m 33s	$27K	$769K	20x
Short	Paradex PUMP-USD-PERP	0.004409	0.0101	get 0.0101% / 8h	6h 49m	$42K	$276	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Popdex. 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 PopdexbpFee ParadexbpOrdersPrice spread, now +0.210%Rate

Funding earned: $1.03
Price spread: +0.210% → 0.000%: $21
Slippage, 4 orders: no order book: not counted
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Paradex: 2 bp × 2 orders: −$4
Net: $11.63
Costs to cover: 0.104%
Break-even: from the start

Slippage unknown: Popdex: live order book, 20 min ago; Paradex: 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 Popdex live order book, 20 min ago	1.12 bp	15.0 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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	0.0000%	1h	0.004411	+0.258%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004415	+0.341%	$20K	$200K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004420	+0.455%	$70K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004418	+0.411%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0059%	4h	0.004419	+0.432%	$42K	$10K	10x	as long as short
Gate PUMP_USDT	+0.0092%	4h	0.004413	+0.295%	$4.8M	$10.4M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004411	+0.250%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDTlong	+0.0096%	1h	0.004400	long leg	$27K	$769K	20x
Nado PUMP-PERP	+0.0100%	1h	0.004411	+0.261%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004417	+0.386%	$701K	$2.3M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PUMP	+0.0100%	1h	0.004413	+0.295%	$496K	$650K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004409	+0.194%	$79.1M	$164.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004408	+0.182%	$23.5M	$96.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004405	+0.102%	$26K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004407	+0.159%	$40K	$60K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004413	+0.295%	$23.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004410	+0.227%	$17.6M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004410	+0.227%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004419	+0.436%	$787K	$179K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004401	+0.017%	$64K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004408	+0.183%	$1.2M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004407	+0.159%	$139K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004414	+0.318%	$102K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004419	+0.423%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004412	+0.273%	$2K	$732K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004418	+0.409%	$277	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004404	+0.091%	$21K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004419	+0.432%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERPshort	+0.0101%	8h	0.004409	+0.210%	$42K	$276	5x
Extended PUMP-USD	+0.0104%	1h	0.004408	+0.192%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004415	+0.341%	$70K	$9K	3x	as long as short
01 Exchange PUMPUSD	+0.0216%	1h	0.004410	+0.227%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004413	+0.291%	$39K	$103K	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004410	+0.227%	$481K	$995K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004406	+0.136%	$3.6M	$4.3M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004412	+0.269%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0358% / S −0.0299%	1h	0.004417	+0.386%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004422	+0.500%	$704K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0434%	1h	0.004422	+0.500%	$162.9M	$54.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004408	+0.182%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0691%	1h	0.004412	+0.277%	$386	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1258%	1h	0.004424	+0.549%	$1.3M	$3.1M	50x	as long as short