Funding you earn now, next payment 03:48 UTC+0.0212%/8h= +23.2% APRpaid last 24h +0.047%
Price spread now: Gate against Perpl−0.135%45s7-day average −0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)−0.706%−$71 · spread now −0.135%, 7d avg −0.030%
=Together, before fees−0.576%+ Points / potential airdropPerpl: Active · farm board−$58 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.105% cheaper against Perpl than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.030%). If the spread goes back, that is −$10 on $10k: about 40 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.129% in total) that is about 5.7 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.129% in total (about 6.7% 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 | 0.004442 | −0.0112 | get 0.0010% / 43m | 13m 39s | $18K | $238K | 20x |
| Short | Gate PUMP_USDT | 0.004436 | 0.0100 | get 0.0050% / 4h | 3h 59m | $4.9M | $10.4M | 75x |
Perpl PUMP
Gate PUMP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $44.44
- Price spread: −0.135% → −0.030%
- −$10.46
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $5.18
- Costs to cover
- 0.288%
- Break-even
- 6.2 days
Slippage unknown: Perpl: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 2.25 bp | 16.0 bp −$16 | 37.5 bp −$375 | 78.6 bp −$7,862 | 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 | −0.5350% | 1h | 0.004440 | −0.043% | $20K | $9K | 5x | as long as short |
| Perpl PUMPlong | −0.0112% | 43m | 0.004442 | long leg | $18K | $238K | 20x | |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004437 | −0.115% | $53K | — | 150x | as long as short |
| Lighter PUMP | +0.0096% | 1h | 0.004440 | −0.045% | $2.9M | $4.7M | 10x | as long as short |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −0.946% | $29K | $767K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004443 | +0.034% | $1.6M | $2.1M | 10x | as long as short |
| Hyperliquid PUMP | +0.0100% | 1h | 0.004443 | +0.023% | $166.6M | $55.0M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004441 | −0.019% | $703K | $2.3M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004439 | −0.068% | $498K | $821K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004440 | −0.054% | $80.9M | $172.6M | 75x | as long as short |
dYdX PUMP-USD
gTrade (Gains Network) PUMP/USD
Lighter PUMP
Popdex PUMPUSDT
Nado PUMP-PERP
Hyperliquid PUMP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004439 | −0.068% | $24.1M | $97.8M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004438 | −0.092% | $31K | $193K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004441 | −0.023% | $62K | $99K | 10x | as long as short |
| Gate PUMP_USDTshort | +0.0100% | 4h | 0.004436 | −0.135% | $4.9M | $10.4M | 75x | |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004442 | 0.000% | $23.7M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004437 | −0.113% | $17.5M | $20.1M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004440 | −0.045% | — | $12.9M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004434 | −0.189% | $791K | $208K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004445 | +0.063% | $65K | $3.2M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004447 | +0.113% | $1.2M | $10.5M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004445 | +0.068% | $147K | $757K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004446 | +0.090% | $103K | $2.1M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004436 | −0.135% | $42K | $11K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004435 | −0.149% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004440 | −0.045% | $1K | $768K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004436 | −0.135% | $278 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004443 | +0.023% | $21K | $105K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004439 | −0.068% | $2.0M | $4.0M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004442 | −0.007% | $42K | $276 | 5x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004435 | −0.158% | $66K | $13K | 3x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0201% | 1h | 0.004438 | −0.090% | $70K | $122K | 25x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0270% / S −0.0198% | 1h | 0.004435 | −0.158% | $53K | — | 100x | as long as short |
| 01 Exchange PUMPUSD | +0.0296% | 1h | 0.004442 | 0.000% | $6K | $625 | 10x | as long as short |
| Extended PUMP-USD | +0.0312% | 1h | 0.004439 | −0.061% | $3.9M | $4.3M | 50x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004445 | +0.068% | $3.6M | $4.5M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004441 | −0.028% | $2 | — | 3x | as long as short |
| Phoenix PUMP | +0.0345% | 1h | 0.004430 | −0.266% | $42K | $120K | 10x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0440% | 1h | 0.004450 | +0.180% | $707K | $5.9M | 50x | as long as short |
| RISEx PUMP/USDC | +0.0638% | 1h | 0.004442 | +0.008% | $528K | $1.0M | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0706% | 1h | 0.004448 | +0.135% | $38K | $204K | 12x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0798% | 1h | 0.004438 | −0.098% | $1.0M | $3.4M | 50x | as long as short |
| Aftermath Perps PUMPUSD | +0.1012% | 1h | 0.004441 | −0.016% | $787 | $112K | 10x | as long as short |
OKX PUMP-USDT-SWAP
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
Aevo PUMP-PERP
Deribit PUMP_USDC-PERPETUAL
GMX PUMP/USD [WBTC.b-USDC]
01 Exchange PUMPUSD
Extended PUMP-USD
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Phoenix PUMP
Coinbase International PUMP-PERP-INTX
RISEx PUMP/USDC
Injective PUMP/USDC PERP
Kraken Futures PF_PUMPUSD
Aftermath Perps PUMPUSD