PUMP Funding Rate — live across 19 venues
Perpetual funding · compared across 19 venues · net of estimated fees · updated every few minutesLive annualized PUMP perpetual funding across all 19 venues Perpia tracks. Right now PUMP funding is positive on 18 and negative on 1, ranging from +11.4% on Extended to -44.0% on BackPack — a spread of 55.4%. The widest delta-neutral trade is long BackPack / short Extended at 52.4% net APR.
PUMP funding trend & liquidity
168h of historyAverages 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.
Loading PUMP rate history…
Build a route
any two of the 19 venuesThis is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.
Venues: pick the two legs
sorted by rate · 19 venues| Venue | Funding APR ↓ | Interval | Use as |
|---|---|---|---|
| Extended↗short | +11.4% | every 1h | |
| Nado↗ | +10.9% | every 24h | |
| BingX↗ | +10.9% | every 4h | |
| Sodex↗ | +10.9% | every 1h | |
| Arcus↗ | +10.9% | every 1h | |
| Hyperliquid↗ | +10.9% | every 1h | |
| Aster↗ | +10.9% | every 4h | |
| Bitget↗ | +10.9% | every 4h | |
| Gate.io↗ | +10.9% | every 4h | |
| KuCoin↗ | +10.9% | every 4h | |
| Pacifica↗ | +10.9% | every 1h | |
| Ondo Perps | +10.9% | every 1h | |
| HTX↗ | +10.9% | every 4h | |
| Lighter↗ | +10.5% | every 8h | |
| Risex↗ | +7.6% | every 1h | |
| OKX↗ | +7.2% | every 8h | |
| GMTrade↗ | +4.0% | every 1h | |
| Binance↗ | +2.2% | every 4h | |
| below — these venues pay the longs: this is the leg you buy | |||
| BackPack↗long | −44.0% | every 1h | |
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 BackPack vs Extended page. 53 pairs scanned for PUMP.
PUMP arbitrage — 30-day backtest
long BackPack · short ExtendedOver the last 30 days, holding long BackPack / short Extended would have produced 16.1% APR — versus the 52.4% the live spread implies right now (equity $10,000 → $10,132). 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 →PUMP — FAQ
Is PUMP funding positive right now?
PUMP perpetual funding is positive on 18 of 19 venues Perpia tracks and negative on 1. The highest is +11.4% on Extended; the lowest is -44.0% on BackPack.
What is the best PUMP funding arbitrage right now?
Go long BackPack and short Extended for about 52.4% net APR after fees — the widest delta-neutral PUMP spread Perpia currently sees.
Which exchange has the highest PUMP funding rate?
Extended, at +11.4% 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
also quoted on both BackPack and ExtendedThe same two exchanges you would already have funded for the PUMP trade. Every spread between them is on the BackPack vs Extended page.