Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.072%

Price spread now: BloFin against Paradex+0.040%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on BloFin

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

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.040% dearer against Paradex than usual: you sell high and buy low: +$4 more if the spread 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	Paradex PUMP-USD-PERP	0.004433	0.0100	pay 0.0100% / 8h	4h 06m	$42K	$276	5x
Short	BloFin PUMP-USDT	0.004435	0.0340	get 0.0170% / 4h	6m 04s	$4.0M	$4.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Paradex. 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 ParadexbpFee BloFinbpOrdersPrice spread, now +0.040%Rate

Funding earned: $50.4
Price spread: +0.040% → 0.000%: $3.97
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: $38.37
Costs to cover: 0.160%
Break-even: 1.7 days

Slippage unknown: Paradex: no order-book sample; BloFin: live order book, 6 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell BloFin live order book, 6 min ago	2.25 bp	13.4 bp −$13	19.9 bp −$199	47.7 bp −$4,774	110.3 bp −$55.2K

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
dYdX PUMP-USD	−0.0837%	1h	0.004432	−0.028%	$20K	$5K	5x	as long as short
Gate PUMP_USDT	−0.0068%	4h	0.004426	−0.163%	$4.7M	$8.5M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004432	−0.028%	$18K	$314K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004428	−0.118%	$66K	$11K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0004%	1h	0.004431	−0.056%	$38K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0050%	4h	0.004424	−0.208%	$47K	$8K	10x	as long as short
Backpack PUMP_USDC_PERP	+0.0052%	1h	0.004424	−0.217%	$774K	$274K	5x	as long as short
Injective PUMP/USDC PERP	+0.0066%	1h	0.004459	+0.581%	$35K	$6K	12x	as long as short
Lighter PUMP	+0.0096%	1h	0.004425	−0.186%	$2.9M	$2.2M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.750%	$34K	$855K	20x	as long as short

Show all 42 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERPlong	+0.0100%	8h	0.004433	long leg	$42K	$276	5x
Nado PUMP-PERP	+0.0100%	1h	0.004431	−0.039%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004423	−0.235%	$676K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004433	−0.005%	$413K	$1.1M	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004424	−0.215%	$78.4M	$188.2M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004423	−0.231%	$25.1M	$114.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004431	−0.057%	$17K	$114K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004433	−0.005%	$78K	$199K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004428	−0.118%	$24.6M	$12.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004423	−0.231%	$18.0M	$19.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004426	−0.163%	—	$16.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004434	+0.015%	$62K	$3.5M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004426	−0.163%	$1.2M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004430	−0.073%	$115K	$779K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004434	+0.017%	$82K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004427	−0.151%	$6K	$15K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004433	−0.005%	$1K	$830K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004424	−0.208%	$244	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004429	−0.096%	$20K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004426	−0.163%	$2.4M	$3.4M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004424	−0.216%	$3.8M	$3.4M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004427	−0.141%	$66K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0196%	1h	0.004427	−0.141%	$166.3M	$49.7M	10x	as long as short
Phoenix PUMP	+0.0215%	1h	0.004446	+0.288%	$41K	$150K	10x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004436	+0.062%	$6K	$435	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0319% / S −0.0445%	1h	0.004430	−0.073%	$44K	—	100x	as long as short
BloFin PUMP-USDTshort	+0.0340%	4h	0.004435	+0.040%	$4.0M	$4.8M	75x
Reya PUMPRUSDPERP	+0.0343%	1h	0.004431	−0.050%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0400%	1h	0.004440	+0.152%	$672K	$5.9M	50x	as long as short
Kraken Futures PF_PUMPUSD	+0.0402%	1h	0.004427	−0.130%	$1.0M	$3.1M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0426%	1h	0.004443	+0.231%	$296	$130K	10x	as long as short
RISEx PUMP/USDC	+0.0456%	1h	0.004435	+0.040%	$557K	$883K	10x	as long as short