Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.005819+0.0100pay 0.0013% / 1h56m 18s$127K$348K10xLong Bulk
SHORT0.005831+0.0112get 0.0010% / 43m30m 18s$42K$466K5xShort Perpl
Price gap+0.206%
Funding gap+0.0012% /8h

Both sides work: funding pays $0 a day on $10k, and the gap is 0.127% above its 7d average: +$13 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$25+0.0012% /8h now · paid +0.246% over the last 5 days (all we have)
Price+$13spread +0.206% now, avg +0.080% → +0.127% if it goes back
Costsno datano order book for Perpl
Result, before costs+$37+0.37%+ Points / potential airdropPerpl: points · farm boardcosts unknown: no order book for Perpl · What the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Perpl price against Bulknow
RANGE STATS · 7D
Now+0.206%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

PUMP on 42 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Perpl: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $2,000
    Bulk 10x, Perpl 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 43m
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$0.30Long Bulk: 24 payments, −$3.00; short Perpl: 33 payments, +$3.30.
  • OK: Entry gap works for you+0.206% vs +0.080%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$42K vs $127K OI
    Perpl sets your exit cost. Check its book before closing.
  • OK: Points on a legPerpl points
    Volume here counts toward the points program.
  • OK: No KYC on either legBulk No · Perpl No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0151%/8h × 21 periods+$31.81
Price spread+0.206% → +0.080% (7d avg)+$12.65
Slippage, 4 ordersno data for Perpl—
Fee Bulk bp × 2 orders−$7.00
Fee Perpl bp × 2 orders−$13.80
Net, fees only · 7 days · $10k+$23.67
Costs to cover0.208%Break-even1.8 days
Slippage: Bulk: live order book, 3 min ago; Perpl: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGBulk0.015.0 bp−$56.6 bp−$66doesn’t fitdoesn’t fit
SELL · SHORTPerpl—————

Closing costs about the same again.
Perpl: no data.

Alert

PUMP news

posts that mention PUMP, from every exchangeSearch all news →
09-28 15:17OKXOtherNew X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗
09-28 15:16PhoenixContestIt’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗
09-25 14:48PhoenixContest$SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗
09-24 14:13BulkOtherPUMP IT Trade $PUMP by @Pumpfun with up to 10x leverage now on @bulktrade on X ↗
09-18 16:36RISExOtherPrivacy is still holding with $ZEC in its second straight week as a top gainer: +12.34% to +35.35%. Everything else on the weekly board turned over. Oil went from a gainer to a loser (CL and BZ both went a full round trip), while $PUMP went from -15.44% to +10.44% this week. @risextrade on X ↗