Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h 0.000%

Price spread now: Phemex against Paradex+0.133%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 Phemex

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.133% dearer against Paradex than usual: you sell high and buy low, +$13 on $10k if it 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	0.004544	0.0101	pay 0.0101% / 8h	18m 49s	$43K	$276	5x
Short	Phemex PUMPUSDT	0.004550	0.0100	get 0.0050% / 4h	18m 49s	$1.9M	$3.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.133%Rate

Funding earned: −$0.23
Price spread: +0.133% → 0.000%: $13.34
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$2.9
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Phemex: live order book, 5 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 Phemex live order book, 5 min ago	8.81 bp	40.5 bp −$41	doesn't fit	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	0.004541	−0.060%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004551	+0.155%	$18K	$266K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004552	+0.175%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0008%	4h	0.004545	+0.023%	$5.0M	$10.2M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004553	+0.199%	$2.9M	$4.6M	10x	as long as short
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.967%	$29K	$646K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004547	+0.060%	$849K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004544	+0.001%	$530K	$858K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004548	+0.099%	$83.2M	$172.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004546	+0.045%	$25.1M	$100.0M	50x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004524	−0.437%	$27K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004546	+0.045%	$46K	$125K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004553	+0.199%	$24.7M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004548	+0.089%	$17.9M	$19.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004547	+0.067%	—	$14.3M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004550	+0.140%	$816K	$204K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004534	−0.219%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004530	−0.313%	$1.3M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004540	−0.087%	$153K	$742K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004553	+0.199%	$107K	$2.2M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004552	+0.177%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004547	+0.065%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004541	−0.065%	$2K	$771K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004553	+0.199%	$252	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004540	−0.087%	$22K	$74K	20x	as long as short
Phemex PUMPUSDTshort	+0.0100%	4h	0.004550	+0.133%	$1.9M	$3.9M	20x
Paradex PUMP-USD-PERPlong	+0.0101%	8h	0.004544	long leg	$43K	$276	5x
Extended PUMP-USD	+0.0104%	1h	0.004548	+0.085%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004550	+0.133%	$67K	$10K	3x	as long as short
Nado PUMP-PERP	+0.0163%	1h	0.004548	+0.100%	$1.7M	$2.1M	10x	as long as short
Hyperliquid PUMP	+0.0168%	1h	0.004556	+0.265%	$170.0M	$49.7M	10x	as long as short
01 Exchange PUMPUSD	+0.0264%	1h	0.004550	+0.133%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0279%	1h	0.004546	+0.045%	$38K	$204K	12x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004549	+0.111%	$65K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004553	+0.199%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004548	+0.085%	$2	—	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0409%	1h	0.004554	+0.221%	$70K	$116K	25x	as long as short
Phoenix PUMP	+0.0410%	1h	0.004536	−0.175%	$47K	$139K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0442%	1h	0.004554	+0.227%	$1.1M	$3.5M	50x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0536%	1h	0.004558	+0.309%	$736K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0784%	1h	0.004549	+0.105%	$539K	$1.1M	10x	as long as short
Aftermath Perps PUMPUSD	+0.0894%	1h	0.004533	−0.239%	$501	$111K	10x	as long as short