Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.029%

Price spread now: gTrade (Gains Network) against Paradex+0.030%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 gTrade (Gains Network)

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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.030% dearer against Paradex than usual: you sell high and buy low (spread +0.030% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex PUMP-USD-PERP	0.004493	0.0101	pay 0.0101% / 8h	5h 54m	$43K	$276	5x
Short	gTrade (Gains Network) PUMP/USD	0.004495	L +0.0002% / S −0.0002%	get 0.0000% / 1h	54m 58s	$54K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.030%Rate

Funding earned: −$20.93
Price spread: +0.030% → 0.000%: $3
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$31.92
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

Paradex and gTrade (Gains Network): 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
ApeX Omni PUMPUSDT	−0.0598%	1h	0.004466	−0.604%	$149K	$751K	50x	as long as short
dYdX PUMP-USD	0.0000%	1h	0.004493	−0.001%	$21K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004495	+0.041%	$18K	$218K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004500	+0.152%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USDshort	L +0.0002% / S −0.0002%	1h	0.004495	+0.030%	$54K	—	150x
Orderly PERP_PUMP_USDC	+0.0090%	4h	0.004500	+0.152%	$42K	$10K	10x	as long as short
Lighter PUMP	+0.0096%	1h	0.004502	+0.197%	$2.9M	$5.4M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.073%	$27K	$779K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004493	+0.008%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004503	+0.211%	$705K	$2.4M	50x	as long as short

Show all 41 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica PUMP	+0.0100%	1h	0.004494	+0.019%	$523K	$722K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004506	+0.286%	$82.4M	$167.8M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004503	+0.219%	$24.4M	$99.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004484	−0.208%	$21K	$175K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004496	+0.063%	$41K	$66K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004505	+0.264%	$5.0M	$11.1M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004509	+0.353%	$24.0M	$14.0M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004505	+0.264%	$17.8M	$19.7M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004506	+0.286%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004502	+0.186%	$800K	$186K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004469	−0.545%	$67K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004478	−0.347%	$1.2M	$10.6M	10x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004501	+0.175%	$103K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004500	+0.146%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004494	+0.019%	$2K	$743K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004500	+0.152%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004501	+0.175%	$22K	$117K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004502	+0.197%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERPlong	+0.0101%	8h	0.004493	long leg	$43K	$276	5x
Aevo PUMP-PERP	+0.0104%	1h	0.004497	+0.086%	$72K	$8K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0233% / S −0.0085%	1h	0.004493	−0.003%	$61K	—	100x	as long as short
Phoenix PUMP	+0.0235%	1h	0.004480	−0.295%	$43K	$103K	10x	as long as short
Extended PUMP-USD	+0.0272%	1h	0.004507	+0.318%	$3.8M	$4.2M	50x	as long as short
01 Exchange PUMPUSD	+0.0328%	1h	0.004500	+0.152%	$6K	$727	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004493	−0.008%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004503	+0.219%	$703K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004499	+0.136%	$535K	$1.0M	10x	as long as short
Hyperliquid PUMP	+0.0595%	1h	0.004507	+0.308%	$168.4M	$55.9M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0837%	1h	0.004489	−0.092%	$593	$113K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004503	+0.219%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1328%	1h	0.004506	+0.291%	$1.4M	$3.1M	50x	as long as short