Funding arb · Price arb /

PUMP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0019%/8h= +2.0% APRpaid last 24h +0.010%

Price spread now: Extended against Paradex−0.088%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 Extended

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 · Extended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.088% cheaper against Paradex than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 16 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex PUMP-USD-PERP	0.004517	0.0101	pay 0.0101% / 8h	6h 21m	$43K	$276	5x
Short	Extended PUMP-USD	0.004513	0.0120	get 0.0015% / 1h	21m 16s	$3.9M	$4.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.088%Rate

Funding earned: $3.9
Price spread: −0.088% → 0.000%: −$8.77
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$13.86
Costs to cover: 0.090%
Break-even: 31.9 days

Slippage unknown: Paradex: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago	1.11 bp	3.6 bp −$4	4.6 bp −$46	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 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	−0.4168%	1h	0.004508	−0.200%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004513	−0.093%	$18K	$211K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004514	−0.075%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0074%	4h	0.004514	−0.071%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004515	−0.049%	$2.9M	$5.5M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.381%	$30K	$772K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004514	−0.060%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004515	−0.055%	$721K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004518	+0.017%	$496K	$662K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004513	−0.083%	$82.1M	$167.2M	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	0.004513	−0.093%	$24.5M	$99.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004520	+0.062%	$21K	$172K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004516	−0.027%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004513	−0.093%	$4.9M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004518	+0.017%	$24.0M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004512	−0.116%	$17.8M	$19.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004512	−0.116%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004514	−0.071%	$801K	$188K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004509	−0.175%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004512	−0.126%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004509	−0.182%	$150K	$752K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004518	+0.017%	$91K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004513	−0.085%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004513	−0.093%	$2K	$743K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004514	−0.071%	$283	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004511	−0.138%	$22K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004513	−0.093%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERPlong	+0.0101%	8h	0.004517	long leg	$43K	$276	5x
Aevo PUMP-PERP	+0.0104%	1h	0.004510	−0.160%	$72K	$8K	3x	as long as short
Extended PUMP-USDshort	+0.0120%	1h	0.004513	−0.088%	$3.9M	$4.3M	50x
Deribit PUMP_USDC-PERPETUAL	+0.0193%	1h	0.004515	−0.049%	$72K	$124K	25x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004513	−0.100%	$42K	$103K	10x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004519	+0.039%	$6K	$727	10x	as long as short
RISEx PUMP/USDC	+0.0322%	1h	0.004517	−0.005%	$534K	$1.1M	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004514	−0.078%	$2	—	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0362% / S −0.0292%	1h	0.004513	−0.093%	$73K	—	100x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0408%	1h	0.004519	+0.039%	$724K	$5.9M	50x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004524	+0.150%	$39K	$204K	12x	as long as short
Hyperliquid PUMP	+0.0710%	1h	0.004523	+0.128%	$169.4M	$55.2M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0785%	1h	0.004509	−0.182%	$797	$111K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1231%	1h	0.004519	+0.046%	$1.3M	$3.1M	50x	as long as short