Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h +0.001%

Price spread now: Paradex against Popdex+0.559%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 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.559% dearer against Popdex than usual: you sell high and buy low, +$56 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	0.004500	0.0096	pay 0.0012% / 1h	51m 02s	$33K	$589K	20x
Short	Paradex PUMP-USD-PERP	0.004525	0.0102	get 0.0102% / 8h	5h 51m	$43K	$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 +0.559%Rate

Funding earned: $1.25
Price spread: +0.559% → 0.000%: $55.87
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: $46.72
Costs to cover: 0.104%
Break-even: from the start

Slippage unknown: Popdex: live order book, 61 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, 61 min ago	1.10 bp	14.0 bp −$14	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 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	−0.0098%	1h	0.004525	+0.555%	$21K	$12K	5x	as long as short
Gate PUMP_USDT	−0.0082%	4h	0.004521	+0.467%	$4.8M	$9.6M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004530	+0.667%	$18K	$268K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004528	+0.632%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004525	+0.556%	$3.0M	$2.5M	10x	as long as short
Popdex PUMPUSDTlong	+0.0096%	1h	0.004500	long leg	$33K	$589K	20x
Aster PUMPUSDT	+0.0100%	4h	0.004522	+0.489%	$847K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004526	+0.578%	$515K	$837K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004524	+0.535%	$82.5M	$171.3M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004520	+0.444%	$24.7M	$101.3M	50x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004529	+0.651%	$17K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004527	+0.600%	$53K	$155K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004527	+0.600%	$25.0M	$13.5M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004522	+0.489%	$17.8M	$18.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004523	+0.511%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004523	+0.518%	$817K	$216K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004531	+0.699%	$68K	$3.3M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004529	+0.644%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004536	+0.800%	$161K	$743K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004527	+0.600%	$107K	$1.7M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004522	+0.489%	$42K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004522	+0.489%	$1K	$766K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004523	+0.511%	$548	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004521	+0.467%	$23K	$127K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004522	+0.489%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERPshort	+0.0102%	8h	0.004525	+0.559%	$43K	$276	5x
Extended PUMP-USD	+0.0104%	1h	0.004522	+0.489%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004524	+0.533%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0129%	1h	0.004528	+0.622%	$168.6M	$47.4M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0192%	1h	0.004524	+0.533%	$69K	$102K	25x	as long as short
Injective PUMP/USDC PERP	+0.0251%	1h	0.004542	+0.933%	$36K	$205K	12x	as long as short
Nado PUMP-PERP	+0.0261%	1h	0.004525	+0.567%	$1.6M	$2.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004527	+0.600%	$6K	$333	10x	as long as short
Phoenix PUMP	+0.0298%	1h	0.004537	+0.820%	$44K	$144K	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0278%	1h	0.004529	+0.644%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004526	+0.578%	$3.8M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004522	+0.498%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004529	+0.644%	$700K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0558%	1h	0.004527	+0.602%	$573K	$922K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0626%	1h	0.004525	+0.553%	$1.1M	$2.9M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1016%	1h	0.004539	+0.875%	$281	$98K	10x	as long as short