PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Lighter against Derive+0.071%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Derive Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.071% dearer against Derive than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive PUMP-PERP	0.004421	0.0100	pay 0.0013% / 1h	31m 19s	$5K	$13K	6.7x
Short	Lighter PUMP	0.004424	0.0096	get 0.0012% / 1h	31m 19s	$2.8M	$5.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Derive. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DerivebpFee LighterbpOrdersPrice spread, now +0.071%Rate

Funding earned: −$0.84
Price spread: +0.071% → 0.000%: $7.13
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: $0.29
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Derive: no order-book sample; Lighter: live order book, 12 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 Derive no order-book sample	—	—	—	—	—
Sell Lighter live order book, 12 min ago	2.29 bp	6.4 bp −$6	20.2 bp −$202	114.6 bp −$11.5K	doesn't fit

Derive: 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	−0.0058%	1h	0.004420	−0.016%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004424	+0.071%	$19K	$235K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004422	+0.026%	$70K	$122K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004424	+0.069%	$53K	—	150x	as long as short
Backpack PUMP_USDC_PERP	+0.0015%	1h	0.004426	+0.112%	$784K	$200K	5x	as long as short
Lighter PUMPshort	+0.0096%	1h	0.004424	+0.071%	$2.8M	$5.4M	10x
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−0.472%	$29K	$816K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004427	+0.150%	$1.6M	$2.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004427	+0.134%	$703K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004423	+0.049%	$493K	$821K	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance PUMPUSDT	+0.0100%	4h	0.004426	+0.108%	$80.5M	$173.9M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004428	+0.162%	$24.0M	$98.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004370	−1.159%	$36K	$181K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004426	+0.117%	$62K	$102K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004426	+0.117%	$4.9M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004426	+0.117%	$23.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004422	+0.026%	$17.7M	$20.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004424	+0.071%	—	$13.0M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004372	−1.111%	$64K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004372	−1.103%	$1.2M	$10.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004387	−0.766%	$145K	$756K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004432	+0.252%	$102K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004420	−0.019%	$41K	$11K	10x	as long as short
Derive PUMP-PERPlong	+0.0100%	1h	0.004421	long leg	$5K	$13K	6.7x
SunX PUMP-USDT	+0.0100%	4h	0.004423	+0.049%	$2K	$769K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004425	+0.094%	$278	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004414	−0.155%	$21K	$111K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004424	+0.071%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004423	+0.051%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004418	−0.064%	$70K	$8K	3x	as long as short
Extended PUMP-USD	+0.0184%	1h	0.004421	+0.012%	$3.8M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0248%	1h	0.004431	+0.230%	$6K	$625	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0270% / S −0.0198%	1h	0.004423	+0.049%	$53K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004420	−0.019%	$3.6M	$4.4M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004426	+0.112%	$2	—	3x	as long as short
Phoenix PUMP	+0.0345%	1h	0.004374	−1.066%	$42K	$120K	10x	as long as short
Hyperliquid PUMP	+0.0416%	1h	0.004434	+0.297%	$166.4M	$56.7M	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0440%	1h	0.004426	+0.117%	$702K	$5.9M	50x	as long as short
RISEx PUMP/USDC	+0.0570%	1h	0.004428	+0.150%	$526K	$1.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0706%	1h	0.004425	+0.094%	$38K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0800%	1h	0.004428	+0.163%	$1.0M	$3.4M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0893%	1h	0.004390	−0.702%	$580	$114K	10x	as long as short