Funding arb · Price arb /

PUMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h 0.000%

Price spread now: Arcus against Paradex−0.038%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 Arcus

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: Arcus is 0.038% cheaper against Paradex than usual: you would sell low and buy high, −$4 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	Paradex PUMP-USD-PERP	0.004408	0.0101	pay 0.0101% / 8h	6h 47m	$42K	$276	5x
Short	Arcus PUMP-USD	0.004406	0.0100	get 0.0013% / 1h	47m 13s	$40K	$60K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now −0.038%Rate

Funding earned: −$0.18
Price spread: −0.038% → 0.000%: −$3.77
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$12.45
Costs to cover: 0.085%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Arcus: 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 Arcus no order-book sample	—	—	—	—	—

Paradex and Arcus: 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	−0.0064%	1h	0.004407	−0.008%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004406	−0.038%	$20K	$198K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004406	−0.036%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0060%	4h	0.004407	−0.015%	$41K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004406	−0.038%	$2.8M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.174%	$27K	$769K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004403	−0.094%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004407	−0.020%	$699K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004406	−0.038%	$495K	$650K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004406	−0.045%	$79.1M	$164.4M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004405	−0.060%	$23.5M	$96.3M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004405	−0.065%	$26K	$161K	5x	as long as short
Arcus PUMP-USDshort	+0.0100%	1h	0.004406	−0.038%	$40K	$60K	10x
Gate PUMP_USDT	+0.0100%	4h	0.004405	−0.060%	$4.8M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004408	+0.008%	$23.3M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004404	−0.083%	$17.6M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004407	−0.015%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004407	−0.020%	$785K	$181K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004409	+0.022%	$64K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004410	+0.060%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004408	+0.008%	$139K	$759K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004410	+0.053%	$103K	$2.0M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004406	−0.042%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004408	+0.008%	$2K	$731K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004406	−0.038%	$276	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004404	−0.083%	$21K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004407	−0.015%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERPlong	+0.0101%	8h	0.004408	long leg	$42K	$276	5x
Extended PUMP-USD	+0.0104%	1h	0.004403	−0.097%	$3.7M	$4.1M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004400	−0.174%	$70K	$9K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0204%	1h	0.004409	+0.030%	$70K	$124K	25x	as long as short
01 Exchange PUMPUSD	+0.0224%	1h	0.004410	+0.053%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004408	+0.001%	$40K	$103K	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004409	+0.030%	$481K	$995K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004407	−0.015%	$3.6M	$4.2M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004406	−0.042%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0359% / S −0.0300%	1h	0.004406	−0.038%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004411	+0.076%	$702K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0457%	1h	0.004413	+0.121%	$162.6M	$54.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004417	+0.212%	$39K	$203K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0690%	1h	0.004410	+0.049%	$400	$110K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1262%	1h	0.004411	+0.066%	$1.3M	$3.1M	50x	as long as short