PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0448%/8h= +49.1% APRnext payment +$0.56 per $10,000 · paid last 24h +0.066%

Price spread now: RISEx against Lighter+0.082%7-day average −0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$200.202% of the position

Long on Lighter Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.153%+$15 on $10k

Price spread, last 7 days−0.149%−$15 · spread now +0.082%, 7d avg −0.049%

Together, before fees+0.004%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and RISEx is 0.131% dearer against Lighter than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.049%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.153% in total (about 15.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter PUMP	0.004462	0.0096	pay 0.0012% / 1h	13m 32s	$2.9M	$5.5M	10x
Short	RISEx PUMP/USDC	0.004466	0.0544	get 0.0068% / 1h	13m 32s	$531K	$994K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.082%Rate

Funding earned: $94.15
Price spread: +0.082% → −0.049%: $13.13
Slippage, 4 orders: −$14.19
Fee Lighter: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: $87.1
Costs to cover: 0.202%
Break-even: 0.5 days

Slippage from Lighter: live order book, 4 min ago; RISEx: live order book, 30 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, 4 min ago	2.23 bp	4.3 bp −$4	7.7 bp −$77	65.4 bp −$6,537	doesn't fit
Sell RISEx live order book, 30 min ago	3.33 bp	6.3 bp −$6	14.0 bp −$140	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
Perpl PUMP	−0.0112%	43m	0.004462	0.000%	$18K	$230K	20x	as long as short
dYdX PUMP-USD	−0.0008%	1h	0.004462	0.000%	$20K	$9K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004465	+0.067%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004462	−0.002%	$54K	—	150x	as long as short
Lighter PUMPlong	+0.0096%	1h	0.004462	long leg	$2.9M	$5.5M	10x
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.390%	$31K	$789K	20x	as long as short
Orderly PERP_PUMP_USDC	+0.0099%	4h	0.004465	+0.067%	$42K	$10K	10x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004462	−0.011%	$1.7M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004461	−0.023%	$702K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004464	+0.045%	$488K	$783K	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	0.004462	−0.005%	$81.1M	$170.6M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004460	−0.045%	$24.3M	$98.1M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004463	+0.027%	$37K	$191K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004466	+0.090%	$60K	$86K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004463	+0.022%	$4.9M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004467	+0.112%	$23.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004462	0.000%	$17.7M	$20.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004463	+0.022%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004464	+0.045%	$792K	$189K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004478	+0.362%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004474	+0.264%	$1.2M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004479	+0.381%	$149K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004467	+0.112%	$107K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004465	+0.065%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004466	+0.090%	$1K	$755K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004465	+0.067%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004460	−0.045%	$21K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004465	+0.067%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004465	+0.061%	$42K	$276	5x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004464	+0.045%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004462	0.000%	$60K	—	100x	as long as short
Extended PUMP-USD	+0.0264%	1h	0.004462	+0.008%	$3.9M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004467	+0.112%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004476	+0.312%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004467	+0.112%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004463	+0.016%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004469	+0.157%	$707K	$6.0M	50x	as long as short
Hyperliquid PUMP	+0.0490%	1h	0.004467	+0.112%	$167.1M	$55.9M	10x	as long as short
RISEx PUMP/USDCshort	+0.0544%	1h	0.004466	+0.082%	$531K	$994K	10x
Aftermath Perps PUMPUSD	+0.0872%	1h	0.004471	+0.204%	$590	$117K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004455	−0.157%	$39K	$204K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.1339%	1h	0.004467	+0.117%	$1.1M	$3.3M	50x	as long as short