Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0427%/8h= −46.7% APRpaid last 24h −0.069%

Price spread now: Paradex against Coinbase International+0.527%7-day average — · you sell dearer than you buy

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

Long on Coinbase International 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 0.527% dearer against Coinbase International than usual: you sell high and buy low (spread +0.527% now, against zero (this spread has no 7-day history yet)): +$53 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International PUMP-PERP-INTX	0.004531	0.0528	pay 0.0066% / 1h	48m 29s	$688K	$6.1M	50x
Short	Paradex PUMP-USD-PERP	0.004555	0.0101	get 0.0101% / 8h	4h 48m	$43K	$276	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Coinbase International. 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 Coinbase InternationalbpFee ParadexbpOrdersPrice spread, now +0.527%Rate

Funding earned: −$89.65
Price spread: +0.527% → 0.000%: $52.75
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$50.9
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Coinbase International: 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 Coinbase International live order book, 4 min ago	3.30 bp	12.4 bp −$12	18.0 bp −$180	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 42 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
Perpl PUMP	−0.0112%	43m	0.004527	−0.088%	$18K	$280K	20x	as long as short
Gate PUMP_USDT	−0.0102%	4h	0.004547	+0.353%	$4.9M	$9.8M	75x	as long as short
dYdX PUMP-USD	−0.0084%	1h	0.004548	+0.372%	$21K	$12K	5x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004523	−0.186%	$54K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004554	+0.508%	$3.0M	$2.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.684%	$32K	$597K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004551	+0.441%	$169.2M	$46.6M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004550	+0.409%	$852K	$1.8M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004552	+0.463%	$513K	$847K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004550	+0.410%	$82.8M	$175.5M	75x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004550	+0.419%	$24.9M	$104.5M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004539	+0.170%	$27K	$138K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004550	+0.419%	$50K	$158K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004554	+0.508%	$25.0M	$13.4M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004547	+0.353%	$18.1M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004551	+0.441%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004533	+0.053%	$827K	$223K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004534	+0.063%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004533	+0.050%	$1.3M	$10.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004537	+0.132%	$121K	$789K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004550	+0.419%	$86K	$1.9M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004524	−0.154%	$45K	$5K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004526	−0.119%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004526	−0.110%	$2K	$777K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004536	+0.110%	$641	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004523	−0.177%	$21K	$129K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004526	−0.110%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERPshort	+0.0101%	8h	0.004555	+0.527%	$43K	$276	5x
Extended PUMP-USD	+0.0104%	1h	0.004547	+0.352%	$3.9M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004528	−0.066%	$67K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0116%	1h	0.004549	+0.408%	$1.6M	$2.1M	10x	as long as short
Injective PUMP/USDC PERP	+0.0174%	1h	0.004569	+0.839%	$36K	$205K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0192%	1h	0.004527	−0.088%	$69K	$100K	25x	as long as short
01 Exchange PUMPUSD	+0.0272%	1h	0.004552	+0.463%	$6K	$333	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0305% / S −0.0278%	1h	0.004524	−0.154%	$65K	—	100x	as long as short
Phoenix PUMP	+0.0314%	1h	0.004538	+0.163%	$44K	$145K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004529	−0.044%	$3.9M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004547	+0.361%	$2	—	3x	as long as short
RISEx PUMP/USDC	+0.0516%	1h	0.004551	+0.441%	$568K	$827K	10x	as long as short
Coinbase International PUMP-PERP-INTXlong	+0.0528%	1h	0.004531	long leg	$688K	$6.1M	50x
Kraken Futures PF_PUMPUSD	+0.0721%	1h	0.004532	+0.015%	$1.1M	$3.1M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0851%	1h	0.004548	+0.376%	$688	$117K	10x	as long as short