Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h 0.000%

Price spread now: Paradex against edgeX−0.827%52s7-day average — · you buy dearer than you sell

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

Long on edgeX 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 airdropedgeX: 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 0.827% cheaper against edgeX than usual: you would sell low and buy high, −$83 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX PUMPUSDC	0.004572	0.0100	pay 0.0050% / 4h	2h 54m	$67K	$3.3M	20x
Short	Paradex PUMP-USD-PERP	0.004534	0.0101	get 0.0101% / 8h	6h 54m	$43K	$276	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against edgeX. 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 edgeXbpFee ParadexbpOrdersPrice spread, now −0.827%Rate

Funding earned: $0.23
Price spread: −0.827% → 0.000%: −$82.75
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$95.52
Costs to cover: 0.130%
Break-even: 2964.5 days

Slippage unknown: edgeX: 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 edgeX live order book, 4 min ago	3.28 bp	14.6 bp −$15	18.8 bp −$188	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 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	−0.6306%	1h	0.004534	−0.833%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004539	−0.724%	$18K	$259K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0003%	1h	0.004583	+0.232%	$61K	—	150x	as long as short
Gate PUMP_USDT	+0.0066%	4h	0.004533	−0.855%	$4.8M	$9.6M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004535	−0.811%	$2.9M	$2.7M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.577%	$30K	$622K	20x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004539	−0.724%	$168.9M	$49.4M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004532	−0.877%	$855K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004534	−0.833%	$515K	$860K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004539	−0.722%	$82.8M	$175.6M	75x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004534	−0.833%	$25.0M	$102.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004552	−0.444%	$27K	$154K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004539	−0.724%	$50K	$152K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004534	−0.833%	$24.9M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004536	−0.789%	$17.9M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004534	−0.833%	—	$14.6M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004535	−0.811%	$820K	$215K	5x	as long as short
edgeX PUMPUSDClong	+0.0100%	4h	0.004572	long leg	$67K	$3.3M	20x
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004578	+0.129%	$1.3M	$10.9M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004575	+0.064%	$163K	$743K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004546	−0.570%	$106K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004540	−0.702%	$42K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004539	−0.724%	$2K	$785K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004540	−0.702%	$550	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004550	−0.483%	$22K	$126K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004539	−0.724%	$2.0M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERPshort	+0.0101%	8h	0.004534	−0.827%	$43K	$276	5x
Extended PUMP-USD	+0.0104%	1h	0.004537	−0.765%	$3.8M	$4.0M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004538	−0.745%	$67K	$10K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0190%	1h	0.004543	−0.636%	$69K	$109K	25x	as long as short
01 Exchange PUMPUSD	+0.0224%	1h	0.004541	−0.680%	$6K	$600	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0303% / S −0.0274%	1h	0.004539	−0.724%	$65K	—	100x	as long as short
Phoenix PUMP	+0.0332%	1h	0.004576	+0.086%	$45K	$142K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004542	−0.658%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004542	−0.668%	$2	—	3x	as long as short
Nado PUMP-PERP	+0.0429%	1h	0.004541	−0.680%	$1.7M	$2.1M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0552%	1h	0.004550	−0.483%	$739K	$6.2M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0668%	1h	0.004544	−0.611%	$1.1M	$3.5M	50x	as long as short
RISEx PUMP/USDC	+0.0683%	1h	0.004540	−0.705%	$585K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0964%	1h	0.004575	+0.053%	$506	$102K	10x	as long as short
Injective PUMP/USDC PERP	+0.0983%	1h	0.004582	+0.217%	$38K	$204K	12x	as long as short