Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h +0.001%

Price spread now: Paradex against Popdex+0.850%7-day average — · you sell dearer than you buy

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

Long on Popdex Short on Paradex

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: Paradex is 0.850% dearer against Popdex than usual: you sell high and buy low, +$85 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	Popdex PUMPUSDT	0.004400	0.0096	pay 0.0012% / 1h	23m 47s	$30K	$669K	20x
Short	Paradex PUMP-USD-PERP	0.004437	0.0100	get 0.0100% / 8h	3h 23m	$42K	$276	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Popdex. 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 PopdexbpFee ParadexbpOrdersPrice spread, now +0.850%Rate

Funding earned: $0.89
Price spread: +0.850% → 0.000%: $85
Slippage, 4 orders: no order book: not counted
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Paradex: 2 bp × 2 orders: −$4
Net: $75.49
Costs to cover: 0.104%
Break-even: from the start

Slippage unknown: Popdex: live order book, 30 min ago; Paradex: 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 Popdex live order book, 30 min ago	2.25 bp	16.1 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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	−0.3251%	1h	0.004438	+0.864%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004436	+0.818%	$18K	$240K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004433	+0.745%	$56K	—	150x	as long as short
Gate PUMP_USDT	+0.0016%	4h	0.004429	+0.659%	$4.9M	$10.5M	75x	as long as short
Lighter PUMP	+0.0096%	1h	0.004434	+0.773%	$2.9M	$4.8M	10x	as long as short
Popdex PUMPUSDTlong	+0.0096%	1h	0.004400	long leg	$30K	$669K	20x
Nado PUMP-PERP	+0.0100%	1h	0.004434	+0.784%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004429	+0.661%	$708K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004437	+0.841%	$493K	$824K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004429	+0.659%	$80.7M	$169.5M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004429	+0.659%	$24.2M	$96.4M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004452	+1.173%	$31K	$188K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004441	+0.932%	$62K	$99K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004434	+0.773%	$23.8M	$13.8M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004429	+0.659%	$17.4M	$19.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004427	+0.614%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004432	+0.718%	$790K	$207K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004436	+0.813%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004450	+1.134%	$1.2M	$10.4M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004437	+0.841%	$148K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004439	+0.886%	$105K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004433	+0.750%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004432	+0.722%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004432	+0.727%	$1K	$756K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004433	+0.750%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004432	+0.727%	$21K	$102K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004432	+0.727%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERPshort	+0.0100%	8h	0.004437	+0.850%	$42K	$276	5x
Aevo PUMP-PERP	+0.0104%	1h	0.004431	+0.705%	$66K	$13K	3x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0201%	1h	0.004435	+0.795%	$70K	$122K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004432	+0.727%	$53K	—	100x	as long as short
Extended PUMP-USD	+0.0288%	1h	0.004427	+0.620%	$3.9M	$4.2M	50x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004437	+0.841%	$3.7M	$4.4M	75x	as long as short
Phoenix PUMP	+0.0342%	1h	0.004439	+0.893%	$43K	$119K	10x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004433	+0.743%	$2	—	3x	as long as short
01 Exchange PUMPUSD	+0.0344%	1h	0.004441	+0.932%	$6K	$600	10x	as long as short
Injective PUMP/USDC PERP	+0.0419%	1h	0.004456	+1.273%	$38K	$204K	12x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0472%	1h	0.004441	+0.932%	$708K	$5.8M	50x	as long as short
Hyperliquid PUMP	+0.0523%	1h	0.004437	+0.841%	$166.2M	$51.7M	10x	as long as short
RISEx PUMP/USDC	+0.0638%	1h	0.004442	+0.943%	$528K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0661%	1h	0.004435	+0.793%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1026%	1h	0.004439	+0.880%	$316	$109K	10x	as long as short