PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0086%/8h= +9.5% APRnext payment +$0.11 per $10,000 · paid last 24h −0.368%

Price spread now: Injective against Lighter+0.482%7-day average −0.141% · you sell dearer than you buy

Net, funding: paid 7d − costs−$224as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$870.868% of the position

Long on Lighter Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−1.369%−$137 on $10k

Price spread, last 3 days (all we have)−0.574%−$57 · spread now +0.482%, 7d avg −0.141%

Together, before fees−1.943%+ Points / potential airdropLighter: Season 3 · farm board−$194 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Injective is 0.623% dearer against Lighter than usual: you sell high and buy low: +$62 more if the spread goes back to its 7-day average of −0.141%. Mind the row above: over the last 7 days funding on this pair cost −1.369%, 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	0.004360	0.0096	pay 0.0012% / 1h	32m 38s	$2.9M	$5.5M	10x
Short	Injective PUMP/USDC PERP	0.004381	0.0182	get 0.0023% / 1h	32m 38s	$39K	$207K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Lighter. 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 LighterbpFee InjectivebpOrdersPrice spread, now +0.482%Rate

Funding earned: $18.15
Price spread: +0.482% → −0.141%: $62.26
Slippage, 4 orders: −$86.75
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$6.36
Costs to cover: 0.868%
Break-even: 9.5 days

Slippage from Lighter: live order book, 5 min ago; Injective: live order book, 46 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	2.28 bp	4.4 bp −$4	11.4 bp −$114	113.6 bp −$11.4K	doesn't fit
Sell Injective live order book, 46 min ago	12.67 bp	21.9 bp −$22	doesn't fit	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
OKX PUMP-USDT-SWAP	−0.0006%	4h	0.004361	+0.023%	$22.8M	$96.6M	50x	as long as short
dYdX PUMP-USD	−0.0005%	1h	0.004362	+0.057%	$20K	$9K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004359	−0.023%	$18K	$205K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004363	+0.069%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004362	+0.049%	$54K	—	150x	as long as short
Orderly PERP_PUMP_USDC	+0.0012%	4h	0.004359	−0.023%	$41K	$10K	10x	as long as short
Lighter PUMPlong	+0.0096%	1h	0.004360	long leg	$2.9M	$5.5M	10x
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−1.376%	$27K	$767K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004360	−0.008%	$42K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004359	−0.011%	$1.6M	$2.0M	10x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster PUMPUSDT	+0.0100%	4h	0.004361	+0.023%	$729K	$2.3M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004360	0.000%	$456K	$601K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004360	0.000%	$77.7M	$164.0M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004359	−0.021%	$26K	$169K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004360	0.000%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004359	−0.023%	$4.7M	$11.5M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004364	+0.092%	$23.2M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004360	0.000%	$17.3M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004361	+0.023%	—	$12.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004359	−0.018%	$777K	$182K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004375	+0.355%	$64K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004376	+0.372%	$1.2M	$9.8M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004375	+0.344%	$138K	$764K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004364	+0.092%	$97K	$1.9M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004361	+0.027%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004361	+0.023%	$1K	$718K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004360	0.000%	$277	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004359	−0.023%	$22K	$135K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004362	+0.046%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004360	−0.006%	$3.6M	$3.8M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004359	−0.023%	$72K	$18K	3x	as long as short
Phoenix PUMP	+0.0164%	1h	0.004366	+0.128%	$39K	$100K	10x	as long as short
Injective PUMP/USDC PERPshort	+0.0182%	1h	0.004381	+0.482%	$39K	$207K	12x
RISEx PUMP/USDC	+0.0194%	1h	0.004363	+0.057%	$485K	$1.0M	10x	as long as short
01 Exchange PUMPUSD	+0.0224%	1h	0.004363	+0.069%	$6K	$830	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0312%	1h	0.004365	+0.115%	$677K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0315%	1h	0.004363	+0.069%	$160.5M	$53.1M	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0320% / S −0.0242%	1h	0.004361	+0.023%	$68K	—	100x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004361	+0.023%	$3.5M	$4.0M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004360	−0.001%	$2	—	3x	as long as short
Aftermath Perps PUMPUSD	+0.0470%	1h	0.004375	+0.352%	$182	$105K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0865%	1h	0.004366	+0.137%	$1.3M	$3.5M	50x	as long as short