PUMP 永续合约资金费率 — 各交易所对比
Pump.fun
Funding Rates by Exchange
+145.10%
Interval
1h
Open Interest
—
Mark Price
$0.0045
+56.09%
Interval
1h
Open Interest
$511K
Mark Price
$0.004
+48.93%
Interval
1h
Open Interest
$31K
Mark Price
$0.004
+37.63%
Interval
1h
Open Interest
$0K
Mark Price
$0.004
+25.42%
Interval
1h
Open Interest
$4.0M
Mark Price
$0.004
+23.63%
Interval
4h
Open Interest
$397K
Mark Price
$0.004
+14.03%
Interval
1h
Open Interest
$5K
Mark Price
$0.004
+11.40%
Interval
1h
Open Interest
$3.2M
Mark Price
$0.004
+10.96%
Interval
4h
Open Interest
$358K
Mark Price
$0.004
+10.96%
Interval
4h
Open Interest
$21.1M
Mark Price
$0.004
+10.96%
Interval
1h
Open Interest
$147.4M
Mark Price
$0.004
+10.96%
Interval
4h
Open Interest
$12.9M
Mark Price
$0.004
+10.96%
Interval
4h
Open Interest
$16.3M
Mark Price
$0.004
+10.96%
Interval
4h
Open Interest
$43K
Mark Price
$0.004
+10.96%
Interval
4h
Open Interest
$22.3M
Mark Price
$0.004
+10.96%
Interval
4h
Open Interest
$681K
Mark Price
$0.004
+10.96%
Interval
1h
Open Interest
$394K
Mark Price
$0.004
+10.96%
Interval
1h
Open Interest
$114K
Mark Price
$0.004
+10.96%
Interval
1h
Open Interest
$1.5M
Mark Price
$0.004
+10.96%
Interval
1h
Open Interest
$147.4M
Mark Price
$0.004
+10.96%
Interval
1h
Open Interest
$52K
Mark Price
$0.004
+10.96%
Interval
1h
Open Interest
$1K
Mark Price
$0.004
+10.96%
Interval
1h
Open Interest
$74K
Mark Price
$0.004
+10.96%
Interval
1h
Open Interest
$120K
Mark Price
$0.004
+10.96%
Interval
1h
Open Interest
$147.4M
Mark Price
$0.004
+10.96%
Interval
1h
Open Interest
$147.4M
Mark Price
$0.004
+10.83%
Interval
8h
Open Interest
$35K
Mark Price
$0.004
+9.32%
Interval
4h
Open Interest
—
Mark Price
$0.004
+3.30%
Interval
4h
Open Interest
$3.5M
Mark Price
$0.004
+3.04%
Interval
4h
Open Interest
$3.4M
Mark Price
$0.004
+2.26%
Interval
4h
Open Interest
$856K
Mark Price
$0.004
+0.88%
Interval
4h
Open Interest
—
Mark Price
$0.004
+0.82%
Interval
4h
Open Interest
$55K
Mark Price
$0.004
+0.82%
Interval
4h
Open Interest
—
Mark Price
$0.004
+0.80%
Interval
4h
Open Interest
$6.8M
Mark Price
$0.004
+0.72%
Interval
4h
Open Interest
$72.5M
Mark Price
$0.004
+0.66%
Interval
4h
Open Interest
$32.5M
Mark Price
$0.004
+0.15%
Interval
1h
Open Interest
$48K
Mark Price
$0.004
+0.00%
Interval
1h
Open Interest
$18K
Mark Price
$0.004
-1.51%
Interval
4h
Open Interest
—
Mark Price
$0.004
-4.47%
Interval
1h
Open Interest
$33K
Mark Price
$0.0039
-10.30%
Interval
4h
Open Interest
$4.3M
Mark Price
$0.004
-12.08%
Interval
4h
Open Interest
$48K
Mark Price
$0.004
-14.03%
Interval
4h
Open Interest
$1.1M
Mark Price
$0.004
-31.20%
Interval
1h
Open Interest
$816K
Mark Price
$0.004
-37.34%
Interval
1h
Open Interest
$312K
Mark Price
$0.004
Funding Rates by Exchange
| Exchange | Funding APR↓ | Interval | Open Interest↕ | Mark Price↕ |
|---|---|---|---|---|
| +145.10% | 1h | — | $0.0045 | |
 RiseXBest Short | +56.09% | 1h | $511K | $0.004 |
 Perpl | +48.93% | 1h | $31K | $0.004 |
 Reya | +37.63% | 1h | $0K | $0.004 |
 Lighter | +25.42% | 1h | $4.0M | $0.004 |
 Toobit | +23.63% | 4h | $397K | $0.004 |
 N1 | +14.03% | 1h | $5K | $0.004 |
 Extended | +11.40% | 1h | $3.2M | $0.004 |
 Bybit | +10.96% | 4h | $358K | $0.004 |
 OKX | +10.96% | 4h | $21.1M | $0.004 |
 Hyperliquid | +10.96% | 1h | $147.4M | $0.004 |
 BingX | +10.96% | 4h | $12.9M | $0.004 |
 Bitget | +10.96% | 4h | $16.3M | $0.004 |
 HTX | +10.96% | 4h | $43K | $0.004 |
 KuCoin | +10.96% | 4h | $22.3M | $0.004 |
 Aster | +10.96% | 4h | $681K | $0.004 |
 Pacifica | +10.96% | 1h | $394K | $0.004 |
 ApeX | +10.96% | 1h | $114K | $0.004 |
 NADO | +10.96% | 1h | $1.5M | $0.004 |
 Bullpen | +10.96% | 1h | $147.4M | $0.004 |
 Ondo | +10.96% | 1h | $52K | $0.004 |
 SoDEX | +10.96% | 1h | $1K | $0.004 |
 Arcus | +10.96% | 1h | $74K | $0.004 |
 Polymarket | +10.96% | 1h | $120K | $0.004 |
 dreamcash | +10.96% | 1h | $147.4M | $0.004 |
 Ventuals | +10.96% | 1h | $147.4M | $0.004 |
 Paradex | +10.83% | 8h | $35K | $0.004 |
 CoinW | +9.32% | 4h | — | $0.004 |
 BloFin | +3.30% | 4h | $3.5M | $0.004 |
 Variational | +3.04% | 4h | $3.4M | $0.004 |
 Pionex | +2.26% | 4h | $856K | $0.004 |
 LBank | +0.88% | 4h | — | $0.004 |
 edgeX V2 | +0.82% | 4h | $55K | $0.004 |
 WEEX | +0.82% | 4h | — | $0.004 |
 Hotcoin | +0.80% | 4h | $6.8M | $0.004 |
 Binance Futures | +0.72% | 4h | $72.5M | $0.004 |
 MEXC | +0.66% | 4h | $32.5M | $0.004 |
 Phoenix | +0.15% | 1h | $48K | $0.004 |
 dYdX | +0.00% | 1h | $18K | $0.004 |
 Bitunix | -1.51% | 4h | — | $0.004 |
 PopDEX | -4.47% | 1h | $33K | $0.0039 |
 Gate.io | -10.30% | 4h | $4.3M | $0.004 |
 WOOFi Pro | -12.08% | 4h | $48K | $0.004 |
 grvt | -14.03% | 4h | $1.1M | $0.004 |
 Backpack | -31.20% | 1h | $816K | $0.004 |
 TxFlowBest Long | -37.34% | 1h | $312K | $0.004 |
PUMP 资金费率的含义
资金费率数据更新于 2026-09-23 23:03 UTC
ORBIT 按交易所实时汇总 PUMP（Pump.fun） 永续合约在 46 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 TxFlow 的 -37.34% 到 Ethereal 的 +145.10% 不等。
PUMP 当前最大的跨所资金费率价差为年化 93.4%。德尔塔中性的跨所套利正是赚取这一差额：在费率最低的 TxFlow 做多，在费率最高的 RiseX 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 24，各交易所合计持仓量 $800.0M，24 小时成交量 $820.2M，成交量加权标记价格 $0.004。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？
- Ethereal，年化 +145.10%。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？
- TxFlow 的 PUMP 资金费率最低，为年化 -37.34%，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 TxFlow 做多 / RiseX 做空，扣除成本前约为年化 93.4%。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 -37.34% 到 +145.10%——正是这种分歧创造了跨所套利机会。