Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.017%

Price spread now: Paradex against Orderly+0.129%7-day average — · you sell dearer than you buy

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

Long on Orderly 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 0.129% dearer against Orderly than usual: you sell high and buy low, +$13 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	Orderly PERP_PUMP_USDC	0.004444	0.0100	pay 0.0050% / 4h	3h 28m	$42K	$11K	10x
Short	Paradex PUMP-USD-PERP	0.004450	0.0101	get 0.0101% / 8h	3h 28m	$42K	$276	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Orderly. 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 OrderlybpFee ParadexbpOrdersPrice spread, now +0.129%Rate

Funding earned: $0.17
Price spread: +0.129% → 0.000%: $12.92
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Paradex: 2 bp × 2 orders: −$4
Net: $3.08
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Orderly and 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	−0.3621%	1h	0.004452	+0.182%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004447	+0.068%	$18K	$240K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004445	+0.023%	$71K	$122K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004444	−0.006%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0044%	4h	0.004444	0.000%	$4.9M	$10.5M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004446	+0.045%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.990%	$30K	$673K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004447	+0.079%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004447	+0.065%	$711K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004453	+0.203%	$494K	$824K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004445	+0.020%	$81.0M	$170.2M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004442	−0.045%	$24.3M	$97.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004443	−0.027%	$31K	$187K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004452	+0.180%	$62K	$99K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004447	+0.068%	$23.9M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004443	−0.023%	$17.5M	$19.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004443	−0.023%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004443	−0.032%	$792K	$208K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004453	+0.213%	$66K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004452	+0.180%	$1.2M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004459	+0.338%	$148K	$745K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004450	+0.135%	$106K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDClong	+0.0100%	4h	0.004444	long leg	$42K	$11K	10x
Derive PUMP-PERP	+0.0100%	1h	0.004443	−0.032%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004444	0.000%	$2K	$759K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004444	0.000%	$279	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004449	+0.113%	$21K	$102K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004446	+0.045%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERPshort	+0.0101%	8h	0.004450	+0.129%	$42K	$276	5x
Aevo PUMP-PERP	+0.0104%	1h	0.004444	0.000%	$66K	$13K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004442	−0.045%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0312%	1h	0.004443	−0.018%	$3.9M	$4.3M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004456	+0.270%	$3.6M	$4.5M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004442	−0.050%	$42K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004445	+0.015%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0352%	1h	0.004448	+0.090%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004458	+0.315%	$38K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004455	+0.248%	$714K	$5.9M	50x	as long as short
Hyperliquid PUMP	+0.0537%	1h	0.004450	+0.135%	$166.7M	$53.8M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004452	+0.180%	$529K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0659%	1h	0.004446	+0.041%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1015%	1h	0.004447	+0.066%	$317	$110K	10x	as long as short