PUMP 永续合约资金费率 — 各交易所对比
Pump.fun
Best Spread
133.0% APR
Long (Lowest)
Crypto.comShort (Highest)
AftermathMark Price
$0.0033
Total OI
$451.5M
24h Volume
$562.7M
PUMP 资金费本周的实际结算收益
按过去 7 天实际结算的资金费排序（$10,000 仓位，已扣除开平仓成本），而不是瞬时年化。
$10,000 做 PUMP：做多 Backpack / 做空 BloFin → 扣除成本后一周 +$65.37（实际结算年化 49.8%）。
- 做多 Backpack做空 BloFin+$65.37每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +49.8%
- 稳定
- 98%
回本 2 天 - 做多 Backpack做空 Lighter+$55.78每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +37.9%
- 稳定
- 97%
回本 1.0 天 - 做多 Backpack做空 Extended+$47.84每周（$10k）, 扣除成本后
- 实际结算，7 天均值
- +38.8%
- 稳定
- 97%
回本 1 天
过去 7 天的实际数据，不是预测。成本 = 两家交易所开平仓的吃单手续费。 即将结算的资金费 →
Funding Rates by Exchange
+47.27%
Interval
1h
Open Interest
$11K
Mark Price
$0.0033
+19.59%
Interval
4h
Open Interest
$4.9M
Mark Price
$0.0033
+14.90%
Interval
1h
Open Interest
$432K
Mark Price
$0.0033
+11.40%
Interval
1h
Open Interest
$1.3M
Mark Price
$0.0033
+10.96%
Interval
4h
Open Interest
$26.2M
Mark Price
$0.0033
+10.96%
Interval
4h
Open Interest
$4.0M
Mark Price
$0.0033
+10.96%
Interval
4h
Open Interest
$21K
Mark Price
$0.0033
+10.96%
Interval
4h
Open Interest
$13.1M
Mark Price
$0.0033
+10.96%
Interval
4h
Open Interest
$674K
Mark Price
$0.0033
+10.96%
Interval
1h
Open Interest
$19K
Mark Price
$0.0033
+10.96%
Interval
1h
Open Interest
$280K
Mark Price
$0.0033
+10.96%
Interval
1h
Open Interest
$63K
Mark Price
$0.0033
+10.96%
Interval
1h
Open Interest
$3K
Mark Price
$0.0033
+10.96%
Interval
1h
Open Interest
$3K
Mark Price
$0.0033
+10.96%
Interval
1h
Open Interest
$384K
Mark Price
$0.0033
+10.96%
Interval
1h
Open Interest
$270K
Mark Price
$0.0033
+10.96%
Interval
1h
Open Interest
$187K
Mark Price
$0.0033
+10.96%
Interval
1h
Open Interest
$54K
Mark Price
$0.0033
+10.96%
Interval
1h
Open Interest
$66K
Mark Price
$0.0033
+10.96%
Interval
4h
Open Interest
$1.5M
Mark Price
$0.0033
+10.96%
Interval
1h
Open Interest
$4K
Mark Price
$0.0033
+10.93%
Interval
8h
Open Interest
—
Mark Price
$0.0033
+10.52%
Interval
1h
Open Interest
$2.1M
Mark Price
$0.0033
+10.52%
Interval
1h
Open Interest
$60K
Mark Price
$0.0033
+10.52%
Interval
1h
Open Interest
$30K
Mark Price
$0.0033
+10.13%
Interval
1h
Open Interest
$113K
Mark Price
$0.0033
+8.36%
Interval
8h
Open Interest
$7K
Mark Price
$0.0033
+7.43%
Interval
4h
Open Interest
$3.2M
Mark Price
$0.0033
+7.42%
Interval
4h
Open Interest
$2.5M
Mark Price
$0.0033
+5.46%
Interval
4h
Open Interest
$3.6M
Mark Price
$0.0033
+4.74%
Interval
4h
Open Interest
$52.3M
Mark Price
$0.0033
+4.16%
Interval
4h
Open Interest
—
Mark Price
$0.0033
+3.95%
Interval
4h
Open Interest
—
Mark Price
$0.0033
+3.73%
Interval
4h
Open Interest
$8.8M
Mark Price
$0.0033
+3.73%
Interval
4h
Open Interest
$873K
Mark Price
$0.0033
+3.73%
Interval
4h
Open Interest
—
Mark Price
$0.0033
+3.70%
Interval
4h
Open Interest
$15K
Mark Price
$0.0033
+3.67%
Interval
4h
Open Interest
$4.8M
Mark Price
$0.0033
+3.27%
Interval
4h
Open Interest
—
Mark Price
$0.0033
+1.72%
Interval
8h
Open Interest
$19.3M
Mark Price
$0.0033
+0.00%
Interval
1h
Open Interest
$8K
Mark Price
$0.0033
+0.00%
Interval
1h
Open Interest
$11K
Mark Price
$0.0033
-7.36%
Interval
4h
Open Interest
$38K
Mark Price
$0.0033
-12.93%
Interval
4h
Open Interest
$1.5M
Mark Price
$0.0033
-14.90%
Interval
4h
Open Interest
$12.7M
Mark Price
$0.0033
-24.54%
Interval
1h
Open Interest
$3K
Mark Price
$0.0033
-32.97%
Interval
1h
Open Interest
$748K
Mark Price
$0.0033
-41.33%
Interval
1h
Open Interest
$47.5M
Mark Price
$0.0033
-41.33%
Interval
1h
Open Interest
$47.5M
Mark Price
$0.0033
-41.33%
Interval
1h
Open Interest
$47.5M
Mark Price
$0.0033
-41.33%
Interval
1h
Open Interest
$47.5M
Mark Price
$0.0033
-41.33%
Interval
1h
Open Interest
$47.5M
Mark Price
$0.0033
-41.42%
Interval
1h
Open Interest
$47.6M
Mark Price
$0.0033
-85.74%
Interval
1h
Open Interest
$41K
Mark Price
$0.0033
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| AftermathBest Short | +47.27% | 1h | $11K | $0.0033 |
 Toobit | +19.59% | 4h | $4.9M | $0.0033 |
 RiseX | +14.90% | 1h | $432K | $0.0033 |
 Extended | +11.40% | 1h | $1.3M | $0.0033 |
 Bybit | +10.96% | 4h | $26.2M | $0.0033 |
 BingX | +10.96% | 4h | $4.0M | $0.0033 |
 HTX | +10.96% | 4h | $21K | $0.0033 |
 KuCoin | +10.96% | 4h | $13.1M | $0.0033 |
 Aster | +10.96% | 4h | $674K | $0.0033 |
 ApeX | +10.96% | 1h | $19K | $0.0033 |
 NADO | +10.96% | 1h | $280K | $0.0033 |
 Ondo | +10.96% | 1h | $63K | $0.0033 |
 SoDEX | +10.96% | 1h | $3K | $0.0033 |
 Bullet | +10.96% | 1h | $3K | $0.0033 |
 TxFlow | +10.96% | 1h | $384K | $0.0033 |
 Arcus | +10.96% | 1h | $270K | $0.0033 |
 Polymarket | +10.96% | 1h | $187K | $0.0033 |
 BULK | +10.96% | 1h | $54K | $0.0033 |
 PopDEX | +10.96% | 1h | $66K | $0.0033 |
 Phemex | +10.96% | 4h | $1.5M | $0.0033 |
 Decibel | +10.96% | 1h | $4K | $0.0033 |
 Katana Perps | +10.93% | 8h | — | $0.0033 |
 Lighter | +10.52% | 1h | $2.1M | $0.0033 |
 Phoenix | +10.52% | 1h | $60K | $0.0033 |
 Lighter Robinhood | +10.52% | 1h | $30K | $0.0033 |
 Pacifica | +10.13% | 1h | $113K | $0.0033 |
 Paradex | +8.36% | 8h | $7K | $0.0033 |
 Variational | +7.43% | 4h | $3.2M | $0.0033 |
 BloFin | +7.42% | 4h | $2.5M | $0.0033 |
 Pionex | +5.46% | 4h | $3.6M | $0.0033 |
 Binance Futures | +4.74% | 4h | $52.3M | $0.0033 |
 LBank | +4.16% | 4h | — | $0.0033 |
 CoinW | +3.95% | 4h | — | $0.0033 |
 MEXC | +3.73% | 4h | $8.8M | $0.0033 |
 grvt | +3.73% | 4h | $873K | $0.0033 |
 WEEX | +3.73% | 4h | — | $0.0033 |
 edgeX V2 | +3.70% | 4h | $15K | $0.0033 |
 Hotcoin | +3.67% | 4h | $4.8M | $0.0033 |
 Bitunix | +3.27% | 4h | — | $0.0033 |
 OKX | +1.72% | 8h | $19.3M | $0.0033 |
 dYdX | +0.00% | 1h | $8K | $0.0033 |
 Perpl | +0.00% | 1h | $11K | $0.0033 |
 WOOFi Pro | -7.36% | 4h | $38K | $0.0033 |
 Gate.io | -12.93% | 4h | $1.5M | $0.0033 |
 Bitget | -14.90% | 4h | $12.7M | $0.0033 |
 N1 | -24.54% | 1h | $3K | $0.0033 |
 Backpack | -32.97% | 1h | $748K | $0.0033 |
 Hyperliquid | -41.33% | 1h | $47.5M | $0.0033 |
 dreamcash | -41.33% | 1h | $47.5M | $0.0033 |
 Ventuals | -41.33% | 1h | $47.5M | $0.0033 |
 Kinetiq | -41.33% | 1h | $47.5M | $0.0033 |
 Entropy | -41.33% | 1h | $47.5M | $0.0033 |
 Bullpen | -41.42% | 1h | $47.6M | $0.0033 |
| Crypto.comBest Long | -85.74% | 1h | $41K | $0.0033 |
PUMP 资金费率的含义
资金费率数据更新于 2026-11-14 10:44 UTC
ORBIT 按交易所实时汇总 PUMP（Pump.fun） 永续合约在 54 家交易所的资金费率。资金费率是多头与空头之间的周期性支付，用来把永续合约价格锚定在现货附近：费率为正时多头向空头支付，为负时空头向多头支付。目前 PUMP 的年化资金费率从 Crypto.com 的 -85.74% 到 Aftermath 的 +47.27% 不等。
PUMP 当前最大的跨所资金费率价差为年化 133.0%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 Crypto.com 做多，在费率最高的 Aftermath 做空。两条腿等额反向，价格波动相互抵消，留下的就是费率差。ORBIT 回测器回放两条腿真实的资金费率历史，并按实时订单簿扣除吃单手续费和滑点，得到的是净收益，而不是宣传数字。
PUMP 在所跟踪的永续品种中持仓量排名第 53，各交易所合计持仓量 $451.5M，24 小时成交量 $562.7M，成交量加权标记价格 $0.0033。流动性越深，就能以越低的滑点在更大仓位上交易这一价差——在筛选器中使用「最低持仓量」过滤，只保留能实际进出的市场。
Frequently asked questions
- 目前哪家交易所的 PUMP 资金费率最高？
- Aftermath，年化 +47.27%。较高的正费率意味着空头收取资金费用，因此它是跨所套利中做空的一方。费率每个结算周期都会变化，当前数值请以实时筛选器为准。
- 为赚取资金费率，PUMP 应在哪家交易所做多？
- Crypto.com 的 PUMP 资金费率最低，为年化 -85.74%，在那里做多成本最低（甚至可收取费用）。与费率最高的交易所配对，即构成德尔塔中性的价差组合。
- PUMP 最佳的资金费率套利组合是什么？
- 价差最大的组合是 Crypto.com 做多 / Aftermath 做空，扣除成本前约为年化 133.0%。确定仓位规模前，请先在 ORBIT 回测器中验证，它会扣除真实的手续费和滑点。
- PUMP 的资金费用多久结算一次？
- 各交易所资金间隔不同（1 小时、4 小时、8 小时）。在年化费率相同的情况下，间隔越长，单次支付越少但金额越大。ORBIT 把所有交易所统一换算为年化费率，便于直接比较。
- PUMP 的资金费率目前是正还是负？
- 各交易所正负不一，年化从 -85.74% 到 +47.27%——正是这种分歧创造了跨所套利机会。