Funding you earn now, next payment 07:23 UTC+0.0405%/8h= +44.3% APRpaid last 24h +0.029%
Price spread now: Deribit against Perpl+0.066%7-day average +0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)−0.035%−$3 · spread now +0.066%, 7d avg +0.027%
=Together, before fees−0.086%+ Points / potential airdropPerpl: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Deribit is 0.038% dearer against Perpl than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.027%. Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl PUMP | 0.004577 | 0 | get 0.0000% / 43m | 3m 51s | $18K | $268K | 20x |
| Short | Deribit PUMP_USDC-PERPETUAL | 0.004580 | 0.0405 | get 0.0051% / 1h | 14m 51s | $70K | $116K | 25x |
Perpl PUMP
Deribit PUMP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Perpl. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $85.05
- Price spread: +0.066% → +0.027%
- $3.84
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $68.09
- Costs to cover
- 0.208%
- Break-even
- 1.4 days
Slippage unknown: Perpl: no order-book sample; Deribit: live order book, 19 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 19 min ago | 5.55 bp | 13.3 bp −$13 | 25.1 bp −$251 | doesn't fit | doesn't fit |
Perpl: 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 | 0.004571 | −0.129% | $21K | $11K | 5x | as long as short |
| Perpl PUMPlong | 0.0000% | 43m | 0.004577 | long leg | $18K | $268K | 20x | |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004577 | +0.010% | $56K | — | 150x | as long as short |
| Gate PUMP_USDT | +0.0014% | 4h | 0.004587 | +0.218% | $5.0M | $10.3M | 75x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004580 | +0.066% | $3.0M | $4.6M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004500 | −1.682% | $29K | $647K | 20x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004586 | +0.197% | $856K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004573 | −0.087% | $533K | $858K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004589 | +0.262% | $83.9M | $173.3M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004586 | +0.197% | $25.2M | $102.2M | 50x | as long as short |
dYdX PUMP-USD
gTrade (Gains Network) PUMP/USD
Gate PUMP_USDT
Lighter PUMP
Popdex PUMPUSDT
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
OKX PUMP-USDT-SWAPShow 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 | 0.004553 | −0.527% | $27K | $152K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004572 | −0.109% | $46K | $125K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004580 | +0.066% | $24.8M | $13.8M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004588 | +0.240% | $18.0M | $19.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004587 | +0.218% | — | $14.4M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004580 | +0.074% | $822K | $206K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004547 | −0.658% | $67K | $3.2M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004550 | −0.590% | $1.3M | $10.7M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004557 | −0.437% | $154K | $741K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004581 | +0.087% | $107K | $2.2M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004579 | +0.044% | $43K | $2K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004544 | −0.728% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004579 | +0.044% | $1K | $773K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004579 | +0.044% | $257 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004571 | −0.131% | $22K | $77K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004577 | 0.000% | $1.9M | $3.9M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004572 | −0.116% | $43K | $276 | 5x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004586 | +0.206% | $3.8M | $3.7M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004576 | −0.022% | $68K | $10K | 3x | as long as short |
| Nado PUMP-PERP | +0.0161% | 1h | 0.004576 | −0.011% | $1.7M | $2.1M | 10x | as long as short |
| Hyperliquid PUMP | +0.0183% | 1h | 0.004595 | +0.393% | $172.1M | $50.1M | 10x | as long as short |
| 01 Exchange PUMPUSD | +0.0272% | 1h | 0.004578 | +0.022% | $6K | $600 | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0279% | 1h | 0.004579 | +0.044% | $38K | $204K | 12x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0305% / S −0.0274% | 1h | 0.004578 | +0.022% | $66K | — | 100x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004580 | +0.066% | $3.8M | $4.7M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004579 | +0.041% | $2 | — | 3x | as long as short |
| Deribit PUMP_USDC-PERPETUALshort | +0.0405% | 1h | 0.004580 | +0.066% | $70K | $116K | 25x | |
| Phoenix PUMP | +0.0410% | 1h | 0.004542 | −0.773% | $44K | $139K | 10x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0439% | 1h | 0.004582 | +0.108% | $1.1M | $3.5M | 50x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0536% | 1h | 0.004580 | +0.066% | $734K | $6.0M | 50x | as long as short |
| RISEx PUMP/USDC | +0.0784% | 1h | 0.004575 | −0.036% | $543K | $1.1M | 10x | as long as short |
| Aftermath Perps PUMPUSD | +0.0895% | 1h | 0.004550 | −0.594% | $503 | $111K | 10x | as long as short |
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Orderly PERP_PUMP_USDC
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Extended PUMP-USD
Aevo PUMP-PERP
Nado PUMP-PERP
Hyperliquid PUMP
01 Exchange PUMPUSD
Injective PUMP/USDC PERP
GMX PUMP/USD [WBTC.b-USDC]
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Phoenix PUMP
Kraken Futures PF_PUMPUSD
Coinbase International PUMP-PERP-INTX
RISEx PUMP/USDC
Aftermath Perps PUMPUSD