PUMP Funding Rate — live across 17 venues

Compared across 17 supported venues · net of estimated fees · updated every few minutes

Live annualized PUMP perpetual funding across all 17 venues Perpia tracks. Right now PUMP funding is positive on 14 and negative on 3, ranging from +28.0% on Risex to -5.5% on OKX — a spread of 33.5%. The widest delta-neutral trade is long OKX / short Risex at 30.7% net APR.

venues

paying positive

33.5%

funding spread

Best PUMP spread now

30.7%

net APR after fees

Long OKX→Short Risex

max size ≈ $0 before slippage

PUMP funding trend & liquidity

168h of history

33.5%

current gross APR

50.2%

24h average

41.4%

7-day average

$501K

pair OI · lower leg

$1.5M

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

PUMP funding rate history

30d · 6h buckets · 12 venues

98.8%0-136.9%

4 Aug3 Sep

PUMP — average across 12 venuesAsterBackPackExtendedHyperliquid

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +0.2%. A break in a line means no data was recorded for that stretch, not a zero rate.

PUMP funding rate by venue

76 pairs scanned

Venue	Funding APR	Interval
Risex ↗	+28.0%	1h
Extended ↗	+11.4%	1h
Nado ↗	+10.9%	24h
Hyperliquid ↗	+10.9%	1h
Arcus ↗	+10.9%	1h
Aster ↗	+10.9%	4h
BackPack ↗	+10.9%	1h
Pacifica ↗	+10.9%	1h
Sodex ↗	+10.9%	1h
Lighter ↗	+10.5%	8h
Binance ↗	+6.3%	4h
BingX ↗	+5.7%	4h
KuCoin ↗	+4.8%	4h
GMTrade ↗	+1.9%	1h
Bitget ↗	-0.7%	4h
Gate.io ↗	-2.6%	4h
OKX ↗	-5.5%	4h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the OKX vs Risex page.

PUMP arbitrage — 30-day backtest

long OKX · short Risex

25.4%

backtested APR

+$209

historical net P&L on $10,000

0.06%

max drawdown

$10,000$10,209

30 days agostarting capital $10,000today

Over the last 30 days, holding long OKX / short Risex would have produced 25.4% APR — versus the 30.7% the live spread implies right now (equity $10,000 → $10,209). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading PUMP backtest…

PUMP funding — FAQ

Is PUMP funding positive right now?

PUMP perpetual funding is positive on 14 of 17 venues Perpia tracks and negative on 3. The highest is +28.0% on Risex; the lowest is -5.5% on OKX.

What is the best PUMP funding arbitrage right now?

Go long OKX and short Risex for about 30.7% net APR after fees — the widest delta-neutral PUMP spread Perpia currently sees.

Which exchange has the highest PUMP funding rate?

Risex, at +28.0% annualized. Funding shifts continuously, so check the live table above before trading.

How PUMP funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to PUMP

Markets also quoted on both OKX and Risex — the same two exchanges you would already have funded for the PUMP trade.

See every spread between them on the OKX vs Risex page.

Open the live scanner →All funding rates Funding by exchange How we calculate this