Funding you earn now, next payment 21:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h 0.000%
Price spread now: Coinbase International against Lighter+0.232%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 3 days (all we have)−0.391%−$39 · spread now +0.232%, 7d avg −0.038%
=Together, before fees−0.489%+ Points / potential airdropLighter: Season 3 · farm board−$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.270% dearer against Lighter than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.038%. Mind the row above: over the last 7 days funding on this pair cost −0.099%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter PUMP | 0.004316 | 0.0096 | pay 0.0012% / 1h | 57m 41s | $2.9M | $5.5M | 10x |
| Short | Coinbase International PUMP-PERP-INTX | 0.004326 | 0.0240 | get 0.0030% / 1h | 57m 41s | $657K | $5.5M | 50x |
Lighter PUMP
Coinbase International PUMP-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $30.24
- Price spread: +0.232% → −0.038%
- $27.02
- Slippage, 4 orders
- −$20.62
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $26.64
- Costs to cover
- 0.306%
- Break-even
- 0.8 days
Slippage from Lighter: live order book, 5 min ago; Coinbase International: live order book, 1 min ago.
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 Lighter live order book, 5 min ago | 2.31 bp | 4.5 bp −$4 | 7.9 bp −$79 | 62.3 bp −$6,227 | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 4.62 bp | 9.6 bp −$10 | 15.7 bp −$157 | doesn't fit | doesn't fit |
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 | −0.5785% | 1h | 0.004322 | +0.140% | $20K | $8K | 5x | as long as short |
| OKX PUMP-USDT-SWAP | −0.0040% | 4h | 0.004313 | −0.070% | $22.6M | $95.2M | 50x | as long as short |
| Orderly PERP_PUMP_USDC | −0.0013% | 4h | 0.004314 | −0.046% | $41K | $10K | 10x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004320 | +0.093% | $20K | $201K | 20x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | 0.0000% | 1h | 0.004317 | +0.023% | $70K | $125K | 25x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0002% | 1h | 0.004318 | +0.048% | $55K | — | 150x | as long as short |
| Lighter PUMPlong | +0.0096% | 1h | 0.004316 | long leg | $2.9M | $5.5M | 10x | |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004300 | −0.371% | $29K | $775K | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004314 | −0.038% | $41K | — | 5x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004316 | +0.012% | $1.6M | $2.0M | 10x | as long as short |
dYdX PUMP-USD
OKX PUMP-USDT-SWAP
Orderly PERP_PUMP_USDC
Perpl PUMP
Deribit PUMP_USDC-PERPETUAL
gTrade (Gains Network) PUMP/USD
Popdex PUMPUSDT
Paradex PUMP-USD-PERP
Nado PUMP-PERPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid PUMP | +0.0100% | 1h | 0.004323 | +0.162% | $158.3M | $52.3M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004317 | +0.034% | $784K | $2.1M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004317 | +0.023% | $449K | $614K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004314 | −0.042% | $76.6M | $165.7M | 75x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004312 | −0.088% | $20K | $178K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004321 | +0.116% | $42K | $53K | 10x | as long as short |
| Gate PUMP_USDT | +0.0100% | 4h | 0.004313 | −0.070% | $4.6M | $11.6M | 75x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004318 | +0.046% | $22.8M | $13.9M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004314 | −0.046% | $17.1M | $19.2M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004317 | +0.023% | — | $12.9M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004313 | −0.060% | $770K | $186K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004320 | +0.092% | $63K | $3.1M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004320 | +0.093% | $1.2M | $9.6M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004322 | +0.139% | $136K | $766K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004321 | +0.116% | $110K | $1.8M | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004316 | −0.004% | $4K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004317 | +0.023% | $2K | $711K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004314 | −0.046% | $711 | $6K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004317 | +0.023% | $21K | $146K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004317 | +0.023% | $2.0M | $4.1M | 20x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004313 | −0.069% | $3.6M | $3.7M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004314 | −0.046% | $71K | $18K | 3x | as long as short |
| RISEx PUMP/USDC | +0.0125% | 1h | 0.004322 | +0.139% | $492K | $1.0M | 10x | as long as short |
| 01 Exchange PUMPUSD | +0.0144% | 1h | 0.004321 | +0.116% | $6K | $497 | 10x | as long as short |
| Phoenix PUMP | +0.0167% | 1h | 0.004323 | +0.169% | $39K | $99K | 10x | as long as short |
| Coinbase International PUMP-PERP-INTXshort | +0.0240% | 1h | 0.004326 | +0.232% | $657K | $5.5M | 50x | |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0304% / S −0.0222% | 1h | 0.004318 | +0.046% | $67K | — | 100x | as long as short |
| Aftermath Perps PUMPUSD | +0.0336% | 1h | 0.004320 | +0.086% | $200 | $105K | 10x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004324 | +0.185% | $3.5M | $3.7M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004317 | +0.013% | $2 | — | 3x | as long as short |
| Injective PUMP/USDC PERP | +0.0521% | 1h | 0.004334 | +0.417% | $38K | $207K | 12x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0687% | 1h | 0.004319 | +0.077% | $1.3M | $3.5M | 50x | as long as short |
Hyperliquid PUMP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
Gate PUMP_USDT
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Extended PUMP-USD
Aevo PUMP-PERP
RISEx PUMP/USDC
01 Exchange PUMPUSD
Phoenix PUMP
GMX PUMP/USD [WBTC.b-USDC]
Aftermath Perps PUMPUSD
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Injective PUMP/USDC PERP
Kraken Futures PF_PUMPUSD