Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h 0.000%

Price spread now: Derive against Paradex−0.001%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Derive

What this pair did over the last

the charts below follow

Funding, last 3 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex PUMP-USD-PERP	0.004469	0.0101	pay 0.0101% / 8h	5h 32m	$42K	$276	5x
Short	Derive PUMP-PERP	0.004469	0.0100	get 0.0013% / 1h	32m 57s	$5K	$13K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.001%Rate

Funding earned: −$0.24
Price spread: −0.001% → 0.000%: −$0.13
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Derive: 3 bp × 2 orders: −$6
Net: −$10.37
Costs to cover: 0.100%
Break-even: never at this rate

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

Paradex and Derive: 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
Perpl PUMP	−0.0112%	43m	0.004468	−0.028%	$18K	$225K	20x	as long as short
dYdX PUMP-USD	−0.0015%	1h	0.004475	+0.131%	$20K	$9K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004471	+0.039%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004469	−0.010%	$53K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0095%	4h	0.004469	−0.005%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004471	+0.039%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.549%	$27K	$789K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004467	−0.039%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004469	−0.005%	$703K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004472	+0.062%	$521K	$736K	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	0.004470	+0.019%	$81.6M	$170.0M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004469	−0.005%	$24.3M	$98.7M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004466	−0.070%	$31K	$185K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004469	−0.005%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004468	−0.028%	$5.0M	$11.2M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004474	+0.107%	$23.8M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004469	−0.005%	$17.7M	$19.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004469	−0.005%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004469	+0.004%	$795K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004472	+0.056%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004475	+0.129%	$1.3M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004476	+0.151%	$149K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004472	+0.062%	$107K	$2.1M	10x	as long as short
Derive PUMP-PERPshort	+0.0100%	1h	0.004469	−0.001%	$5K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004468	−0.028%	$2K	$753K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004470	+0.017%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004462	−0.162%	$21K	$119K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004471	+0.039%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERPlong	+0.0101%	8h	0.004469	long leg	$42K	$276	5x
Aevo PUMP-PERP	+0.0104%	1h	0.004465	−0.095%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004468	−0.028%	$60K	—	100x	as long as short
Extended PUMP-USD	+0.0240%	1h	0.004467	−0.045%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0296%	1h	0.004471	+0.039%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004467	−0.041%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004472	+0.062%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004470	+0.011%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004473	+0.084%	$698K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004471	+0.038%	$532K	$989K	10x	as long as short
Hyperliquid PUMP	+0.0569%	1h	0.004476	+0.151%	$167.4M	$55.9M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0870%	1h	0.004475	+0.136%	$591	$116K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004478	+0.196%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1338%	1h	0.004472	+0.069%	$1.1M	$3.4M	50x	as long as short