Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0422%/8h= +46.2% APRpaid last 24h +0.037%

Price spread now: Coinbase International against Paradex+0.264%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 Coinbase International

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 +$13 a day on $10k at the current rate, and Coinbase International is 0.264% dearer against Paradex than usual: you sell high and buy low: +$26 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	0.004532	0.0106	pay 0.0106% / 8h	1h 57m	$43K	$276	5x
Short	Coinbase International PUMP-PERP-INTX	0.004544	0.0528	get 0.0066% / 1h	57m 24s	$722K	$5.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.264%Rate

Funding earned: $88.54
Price spread: +0.264% → 0.000%: $26.37
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $100.9
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago	5.49 bp	14.3 bp −$14	21.3 bp −$213	doesn't fit	doesn't fit

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	0.0000%	1h	0.004525	−0.152%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004519	−0.288%	$18K	$256K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004521	−0.241%	$56K	—	150x	as long as short
Lighter PUMP	+0.0096%	1h	0.004529	−0.067%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.707%	$29K	$628K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004521	−0.249%	$834K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004529	−0.067%	$539K	$886K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004522	−0.216%	$83.2M	$169.7M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004520	−0.266%	$24.8M	$98.6M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004541	+0.206%	$27K	$168K	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus PUMP-USD	+0.0100%	1h	0.004522	−0.222%	$65K	$95K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004517	−0.332%	$5.0M	$10.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004525	−0.156%	$24.4M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004521	−0.244%	$18.1M	$18.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004520	−0.266%	—	$14.1M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004534	+0.032%	$815K	$197K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004536	+0.097%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004556	+0.528%	$1.3M	$10.3M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004559	+0.595%	$154K	$749K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004525	−0.156%	$110K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004520	−0.266%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004533	+0.022%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004532	−0.001%	$2K	$759K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004534	+0.043%	$285	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004539	+0.153%	$22K	$94K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004536	+0.087%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004518	−0.306%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004522	−0.222%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERPlong	+0.0106%	8h	0.004532	long leg	$43K	$276	5x
Deribit PUMP_USDC-PERPETUAL	+0.0191%	1h	0.004536	+0.087%	$71K	$115K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0273% / S −0.0200%	1h	0.004521	−0.244%	$54K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004539	+0.153%	$3.7M	$4.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004523	−0.205%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004554	+0.491%	$48K	$116K	10x	as long as short
Nado PUMP-PERP	+0.0377%	1h	0.004526	−0.145%	$1.6M	$2.1M	10x	as long as short
01 Exchange PUMPUSD	+0.0424%	1h	0.004523	−0.200%	$6K	$600	10x	as long as short
Coinbase International PUMP-PERP-INTXshort	+0.0528%	1h	0.004544	+0.264%	$722K	$5.7M	50x
Kraken Futures PF_PUMPUSD	+0.0544%	1h	0.004535	+0.067%	$1.1M	$3.5M	50x	as long as short
Injective PUMP/USDC PERP	+0.0564%	1h	0.004529	−0.067%	$38K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0572%	1h	0.004529	−0.067%	$169.3M	$51.0M	10x	as long as short
RISEx PUMP/USDC	+0.0764%	1h	0.004523	−0.206%	$540K	$1.0M	10x	as long as short
Aftermath Perps PUMPUSD	+0.1165%	1h	0.004542	+0.225%	$701	$111K	10x	as long as short