Funding you earn now, next payment 03:48 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.017%
Price spread now: Perpl against Polymarket Perps−0.068%7-day average −0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.068%, 7d avg −0.018%
=Together, before fees−0.021%+ Points / potential airdropPerpl: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Perpl is 0.050% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.035% in total (about -1.8% 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 | Polymarket Perps PUMP-USD | 0.004429 | 0.0100 | pay 0.0013% / 1h | 4m 53s | $103K | $2.1M | 10x |
| Short | Perpl PUMP | 0.004426 | −0.0112 | pay 0.0010% / 43m | 18m 53s | $19K | $237K | 20x |
Polymarket Perps PUMP-USD
Perpl PUMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against Polymarket Perps. 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
- −$44.44
- Price spread: −0.068% → −0.018%
- −$5
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$71.24
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 4 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 Polymarket Perps live order book, 4 min ago | 4.51 bp | 8.5 bp −$9 | 8.9 bp −$89 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PUMP-USD | −0.4602% | 1h | 0.004425 | −0.088% | $20K | $9K | 5x | as long as short |
| Perpl PUMPshort | −0.0112% | 43m | 0.004426 | −0.068% | $19K | $237K | 20x | |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004422 | −0.149% | $53K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004425 | −0.090% | $2.8M | $5.5M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −0.655% | $29K | $781K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004428 | −0.011% | $1.6M | $2.1M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004424 | −0.107% | $701K | $2.3M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004426 | −0.068% | $496K | $823K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004423 | −0.126% | $80.5M | $173.1M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004422 | −0.158% | $24.1M | $97.5M | 50x | as long as short |
dYdX PUMP-USD
gTrade (Gains Network) PUMP/USD
Lighter PUMP
Popdex PUMPUSDT
Nado PUMP-PERP
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 | 0.004428 | −0.016% | $31K | $192K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004429 | 0.000% | $62K | $99K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004421 | −0.181% | $4.9M | $11.5M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004425 | −0.090% | $23.6M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004421 | −0.181% | $17.4M | $20.0M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004423 | −0.135% | — | $12.9M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004423 | −0.135% | $791K | $206K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004432 | +0.057% | $65K | $3.2M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004429 | −0.001% | $1.2M | $10.6M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004433 | +0.090% | $147K | $756K | 50x | as long as short |
| Polymarket Perps PUMP-USDlong | +0.0100% | 1h | 0.004429 | long leg | $103K | $2.1M | 10x | |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004422 | −0.158% | $42K | $11K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004421 | −0.170% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004425 | −0.090% | $1K | $770K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004423 | −0.135% | $278 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004420 | −0.203% | $21K | $106K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004424 | −0.113% | $2.0M | $4.0M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004428 | −0.018% | $42K | $276 | 5x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004421 | −0.181% | $66K | $13K | 3x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0270% / S −0.0198% | 1h | 0.004421 | −0.181% | $53K | — | 100x | as long as short |
| Extended PUMP-USD | +0.0280% | 1h | 0.004423 | −0.130% | $3.9M | $4.3M | 50x | as long as short |
| 01 Exchange PUMPUSD | +0.0280% | 1h | 0.004430 | +0.023% | $6K | $625 | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004422 | −0.158% | $3.6M | $4.5M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004426 | −0.073% | $2 | — | 3x | as long as short |
| Phoenix PUMP | +0.0345% | 1h | 0.004430 | +0.027% | $42K | $120K | 10x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0428% | 1h | 0.004425 | −0.090% | $70K | $122K | 25x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0440% | 1h | 0.004431 | +0.045% | $702K | $5.9M | 50x | as long as short |
| Hyperliquid PUMP | +0.0473% | 1h | 0.004429 | 0.000% | $166.0M | $54.9M | 10x | as long as short |
| RISEx PUMP/USDC | +0.0570% | 1h | 0.004430 | +0.012% | $526K | $1.0M | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0706% | 1h | 0.004428 | −0.023% | $38K | $204K | 12x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0801% | 1h | 0.004424 | −0.108% | $1.0M | $3.4M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.0997% | 1h | 0.004429 | −0.007% | $585 | $112K | 10x | as long as short |
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Orderly PERP_PUMP_USDC
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Aevo PUMP-PERP
GMX PUMP/USD [WBTC.b-USDC]
Extended PUMP-USD
01 Exchange PUMPUSD
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Phoenix PUMP
Deribit PUMP_USDC-PERPETUAL
Coinbase International PUMP-PERP-INTX
Hyperliquid PUMP
RISEx PUMP/USDC
Injective PUMP/USDC PERP
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD