Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.072%

Price spread now: Paradex against BloFin+0.027%7-day average — · you sell dearer than you buy

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

Long on BloFin 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 pays, funding is against you. Paradex is 0.027% dearer against BloFin than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin PUMP-USDT	0.004440	0.0340	pay 0.0170% / 4h	2h 29m	$3.7M	$4.4M	75x
Short	Paradex PUMP-USD-PERP	0.004441	0.0104	get 0.0104% / 8h	2h 29m	$42K	$276	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. 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 BloFinbpFee ParadexbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$49.5
Price spread: +0.027% → 0.000%: $2.7
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$62.8
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 4 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 BloFin live order book, 4 min ago	2.25 bp	11.1 bp −$11	18.0 bp −$180	56.1 bp −$5,607	170.7 bp −$85.3K
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	−0.0014%	1h	0.004435	−0.106%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004451	+0.248%	$18K	$245K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004454	+0.314%	$55K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004457	+0.383%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.901%	$29K	$637K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004455	+0.349%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004457	+0.377%	$708K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004441	+0.023%	$534K	$767K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004457	+0.390%	$81.8M	$167.1M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004456	+0.360%	$24.4M	$94.8M	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.P	+0.0100%	1h	0.004452	+0.275%	$26K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004453	+0.293%	$64K	$103K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004454	+0.315%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004460	+0.450%	$24.0M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004457	+0.383%	$17.6M	$18.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004456	+0.360%	—	$13.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004456	+0.349%	$802K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004455	+0.333%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004456	+0.358%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004457	+0.383%	$150K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004457	+0.383%	$114K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004456	+0.360%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004454	+0.307%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004452	+0.270%	$2K	$748K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004455	+0.338%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004451	+0.248%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004455	+0.338%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004458	+0.412%	$3.8M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004452	+0.270%	$66K	$10K	3x	as long as short
Paradex PUMP-USD-PERPshort	+0.0104%	8h	0.004441	+0.027%	$42K	$276	5x
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004455	+0.338%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0320%	1h	0.004455	+0.338%	$6K	$600	10x	as long as short
BloFin PUMP-USDTlong	+0.0340%	4h	0.004440	long leg	$3.7M	$4.4M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004457	+0.379%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004460	+0.457%	$45K	$119K	10x	as long as short
Hyperliquid PUMP	+0.0464%	1h	0.004462	+0.495%	$166.3M	$49.7M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004463	+0.518%	$708K	$5.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004447	+0.158%	$38K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004455	+0.327%	$529K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0822%	1h	0.004456	+0.350%	$1.0M	$3.3M	50x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0873%	1h	0.004458	+0.405%	$69K	$115K	25x	as long as short
Aftermath Perps PUMPUSD	+0.1094%	1h	0.004457	+0.374%	$717	$106K	10x	as long as short