Funding you earn now, next payment 00:12 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.046%
Price spread now: Perpl against Phemex+0.320%48s7-day average −0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 3 days (all we have)−0.348%−$35 · spread now +0.320%, 7d avg −0.013%
=Together, before fees−0.555%+ Points / potential airdropPerpl: Active · farm board−$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.333% dearer against Phemex than usual: you sell high and buy low (spread +0.320% now, against its 7-day average of −0.013%): +$33 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 11 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex PUMPUSDT | 0.004381 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $2.0M | $4.0M | 20x |
| Short | Perpl PUMP | 0.004395 | 0 | get 0.0000% / 43m | 21m 35s | $18K | $206K | 20x |
Phemex PUMPUSDT
Perpl PUMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against Phemex. 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
- −$21
- Price spread: +0.320% → −0.013%
- $33.29
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$13.51
- Costs to cover
- 0.258%
- Break-even
- from the start
Slippage unknown: Phemex: live order book, 6 min ago; Perpl: 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 Phemex live order book, 6 min ago | 3.44 bp | 29.7 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack PUMP_USDC_PERP | −0.0114% | 1h | 0.004381 | +0.011% | $781K | $177K | 5x | as long as short |
| dYdX PUMP-USD | −0.0019% | 1h | 0.004388 | +0.164% | $20K | $9K | 5x | as long as short |
| Perpl PUMPshort | 0.0000% | 43m | 0.004395 | +0.320% | $18K | $206K | 20x | |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004385 | +0.091% | $70K | $125K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0002% | 1h | 0.004384 | +0.069% | $55K | — | 150x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0031% | 4h | 0.004392 | +0.251% | $23.0M | $97.3M | 50x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0041% | 4h | 0.004384 | +0.068% | $41K | $10K | 10x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004388 | +0.160% | $2.9M | $5.3M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004300 | −1.849% | $33K | $775K | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004390 | +0.213% | $42K | — | 5x | as long as short |
Backpack PUMP_USDC_PERP
dYdX PUMP-USD
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
OKX PUMP-USDT-SWAP
Orderly PERP_PUMP_USDC
Lighter PUMP
Popdex PUMPUSDT
Paradex PUMP-USD-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado PUMP-PERP | +0.0100% | 1h | 0.004394 | +0.308% | $1.6M | $2.0M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004388 | +0.167% | $719K | $2.3M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004389 | +0.183% | $458K | $606K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004392 | +0.249% | $78.5M | $163.9M | 75x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004364 | −0.390% | $26K | $165K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004391 | +0.228% | $43K | $53K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004389 | +0.183% | $4.7M | $10.5M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004390 | +0.205% | $23.3M | $13.8M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004393 | +0.274% | $17.6M | $19.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004390 | +0.205% | — | $12.8M | — | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004360 | −0.471% | $64K | $3.0M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004372 | −0.206% | $1.2M | $10.1M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004365 | −0.365% | $138K | $759K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004396 | +0.342% | $96K | $1.9M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004384 | +0.069% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004386 | +0.114% | $2K | $722K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004382 | +0.023% | $276 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004379 | −0.046% | $21K | $136K | 20x | as long as short |
| Phemex PUMPUSDTlong | +0.0100% | 4h | 0.004381 | long leg | $2.0M | $4.0M | 20x | |
| Extended PUMP-USD | +0.0104% | 1h | 0.004391 | +0.219% | $3.6M | $3.6M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004385 | +0.091% | $70K | $12K | 3x | as long as short |
| 01 Exchange PUMPUSD | +0.0200% | 1h | 0.004395 | +0.320% | $6K | $830 | 10x | as long as short |
| Phoenix PUMP | +0.0237% | 1h | 0.004370 | −0.262% | $40K | $99K | 10x | as long as short |
| Hyperliquid PUMP | +0.0276% | 1h | 0.004400 | +0.434% | $161.9M | $53.2M | 10x | as long as short |
| RISEx PUMP/USDC | +0.0297% | 1h | 0.004393 | +0.267% | $480K | $1.0M | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004379 | −0.046% | $3.5M | $4.0M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004394 | +0.293% | $2 | — | 3x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0346% / S −0.0288% | 1h | 0.004384 | +0.068% | $74K | — | 100x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0352% | 1h | 0.004390 | +0.205% | $692K | $5.6M | 50x | as long as short |
| Injective PUMP/USDC PERP | +0.0480% | 1h | 0.004378 | −0.068% | $39K | $203K | 12x | as long as short |
| Aftermath Perps PUMPUSD | +0.0533% | 1h | 0.004369 | −0.274% | $382 | $106K | 10x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0938% | 1h | 0.004387 | +0.138% | $1.3M | $3.5M | 50x | as long as short |
Nado PUMP-PERP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Extended PUMP-USD
Aevo PUMP-PERP
01 Exchange PUMPUSD
Phoenix PUMP
Hyperliquid PUMP
RISEx PUMP/USDC
BloFin PUMP-USDT
Reya PUMPRUSDPERP
GMX PUMP/USD [WBTC.b-USDC]
Coinbase International PUMP-PERP-INTX
Injective PUMP/USDC PERP
Aftermath Perps PUMPUSD
Kraken Futures PF_PUMPUSD