Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h 0.000%

Price spread now: Paradex against Ondo Perps+0.452%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps 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 airdropOndo Perps: Active · Paradex: 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 0.452% dearer against Ondo Perps than usual: you sell high and buy low, +$45 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	Ondo Perps PUMP-USD.P	0.004569	0.0100	pay 0.0013% / 1h	13m 53s	$27K	$153K	5x
Short	Paradex PUMP-USD-PERP	0.004589	0.0102	get 0.0102% / 8h	13m 53s	$44K	$276	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Ondo Perps. 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 Ondo PerpsbpFee ParadexbpOrdersPrice spread, now +0.452%Rate

Funding earned: $0.4
Price spread: +0.452% → 0.000%: $45.22
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: $36.62
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Ondo Perps and 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	0.004587	+0.408%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004583	+0.315%	$18K	$269K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004585	+0.349%	$58K	—	150x	as long as short
Gate PUMP_USDT	+0.0016%	4h	0.004578	+0.206%	$5.0M	$10.4M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004582	+0.293%	$3.0M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.502%	$29K	$648K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004578	+0.206%	$854K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004587	+0.403%	$535K	$858K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004578	+0.206%	$83.7M	$173.5M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004577	+0.184%	$25.1M	$102.3M	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.Plong	+0.0100%	1h	0.004569	long leg	$27K	$153K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004585	+0.359%	$46K	$125K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004582	+0.293%	$24.8M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004581	+0.271%	$18.0M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004580	+0.250%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004576	+0.171%	$821K	$206K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004547	−0.476%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004550	−0.407%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004557	−0.254%	$154K	$741K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004590	+0.468%	$106K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004585	+0.359%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004583	+0.314%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004578	+0.206%	$2K	$774K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004578	+0.206%	$256	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004578	+0.206%	$22K	$77K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004577	+0.184%	$1.9M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERPshort	+0.0102%	8h	0.004589	+0.452%	$44K	$276	5x
Extended PUMP-USD	+0.0104%	1h	0.004580	+0.258%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004582	+0.293%	$68K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0160%	1h	0.004585	+0.370%	$1.7M	$2.1M	10x	as long as short
Hyperliquid PUMP	+0.0184%	1h	0.004582	+0.293%	$171.6M	$50.1M	10x	as long as short
01 Exchange PUMPUSD	+0.0272%	1h	0.004590	+0.468%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0279%	1h	0.004579	+0.228%	$38K	$204K	12x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0305% / S −0.0274%	1h	0.004578	+0.206%	$66K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004580	+0.250%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004579	+0.225%	$2	—	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0405%	1h	0.004585	+0.359%	$70K	$116K	25x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004542	−0.591%	$44K	$139K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0439%	1h	0.004580	+0.239%	$1.1M	$3.5M	50x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0536%	1h	0.004585	+0.359%	$735K	$6.1M	50x	as long as short
RISEx PUMP/USDC	+0.0784%	1h	0.004589	+0.451%	$544K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0905%	1h	0.004558	−0.230%	$504	$111K	10x	as long as short