Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0456%/8h= −50.0% APRpaid last 24h −0.075%

Price spread now: Paradex against RISEx+0.005%56s7-day average — · you sell dearer than you buy

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

Long on RISEx Short on Paradex

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$14 a day on $10k at the current rate. The two prices were read 56 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	RISEx PUMP/USDC	0.004512	0.0558	pay 0.0070% / 1h	30m 36s	$557K	$866K	10x
Short	Paradex PUMP-USD-PERP	0.004512	0.0101	get 0.0101% / 8h	5h 30m	$43K	$276	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against RISEx. 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 RISExbpFee ParadexbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$95.86
Price spread: +0.005% → 0.000%: $0.46
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$105.41
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 46 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 RISEx live order book, 46 min ago	2.20 bp	5.2 bp −$5	12.7 bp −$127	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 41 exchanges

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	−0.0289%	1h	0.004509	−0.072%	$21K	$12K	5x	as long as short
Gate PUMP_USDT	−0.0110%	4h	0.004509	−0.069%	$4.8M	$9.7M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004506	−0.136%	$18K	$270K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004505	−0.167%	$54K	—	150x	as long as short
01 Exchange PUMPUSD	+0.0080%	1h	0.004510	−0.047%	$6K	$333	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004514	+0.042%	$2.9M	$2.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.269%	$32K	$593K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004518	+0.130%	$168.2M	$47.2M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004510	−0.047%	$844K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004513	+0.019%	$511K	$835K	10x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004512	+0.002%	$81.9M	$173.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004509	−0.069%	$24.6M	$101.8M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004503	−0.204%	$22K	$155K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004511	−0.025%	$52K	$155K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004514	+0.042%	$24.8M	$13.5M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004511	−0.025%	$18.0M	$18.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004511	−0.025%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004509	−0.074%	$822K	$222K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004491	−0.479%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004497	−0.339%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004508	−0.091%	$121K	$765K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004510	−0.047%	$84K	$1.8M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004509	−0.069%	$42K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004505	−0.158%	$2K	$774K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004507	−0.114%	$546	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004502	−0.224%	$23K	$127K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004506	−0.136%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERPshort	+0.0101%	8h	0.004512	+0.005%	$43K	$276	5x
Extended PUMP-USD	+0.0104%	1h	0.004507	−0.112%	$3.8M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004508	−0.091%	$67K	$10K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0193%	1h	0.004512	−0.003%	$69K	$101K	25x	as long as short
Nado PUMP-PERP	+0.0214%	1h	0.004507	−0.102%	$1.6M	$2.1M	10x	as long as short
Injective PUMP/USDC PERP	+0.0251%	1h	0.004542	+0.662%	$36K	$205K	12x	as long as short
Phoenix PUMP	+0.0298%	1h	0.004511	−0.025%	$44K	$144K	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0278%	1h	0.004510	−0.047%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004507	−0.114%	$3.8M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004507	−0.104%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004515	+0.064%	$698K	$5.9M	50x	as long as short
RISEx PUMP/USDClong	+0.0558%	1h	0.004512	long leg	$557K	$866K	10x
Kraken Futures PF_PUMPUSD	+0.0627%	1h	0.004512	−0.004%	$1.1M	$3.1M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0649%	1h	0.004511	−0.026%	$1K	$119K	10x	as long as short