PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Lighter against Ondo Perps−0.111%56s7-day average +0.088% · you buy dearer than you sell

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

Long on Ondo Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.082%+$8 on $10k

Price spread, last 4 days (all we have)−0.176%−$18 · spread now −0.111%, 7d avg +0.088%

Together, before fees−0.095%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.199% cheaper against Ondo Perps than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.088%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps PUMP-USD.P	0.004312	0.0100	pay 0.0013% / 1h	48m 45s	$20K	$177K	5x
Short	Lighter PUMP	0.004307	0.0096	get 0.0012% / 1h	48m 45s	$2.9M	$5.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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 Ondo PerpsbpFee LighterbpOrdersPrice spread, now −0.111%Rate

Funding earned: −$0.84
Price spread: −0.111% → +0.088%: −$19.92
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$25.76
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 4 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Lighter live order book, 4 min ago	1.16 bp	3.4 bp −$3	17.9 bp −$179	doesn't fit	doesn't fit

Ondo Perps: 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	−0.3523%	1h	0.004309	−0.065%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0488%	1h	0.004304	−0.183%	$770K	$185K	5x	as long as short
OKX PUMP-USDT-SWAP	−0.0069%	4h	0.004297	−0.343%	$22.5M	$94.3M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0016%	4h	0.004304	−0.181%	$40K	$10K	10x	as long as short
Perpl PUMP	0.0000%	43m	0.004305	−0.158%	$19K	$203K	20x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004306	−0.135%	$68K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004305	−0.166%	$54K	—	150x	as long as short
Gate PUMP_USDT	+0.0078%	4h	0.004304	−0.181%	$4.6M	$11.6M	75x	as long as short
Lighter PUMPshort	+0.0096%	1h	0.004307	−0.111%	$2.9M	$5.5M	10x
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.274%	$29K	$775K	20x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004306	−0.129%	$41K	—	5x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004305	−0.146%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004311	−0.019%	$157.7M	$52.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004305	−0.158%	$782K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004308	−0.088%	$448K	$611K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004308	−0.096%	$76.4M	$164.9M	75x	as long as short
Ondo Perps PUMP-USD.Plong	+0.0100%	1h	0.004312	long leg	$20K	$177K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004306	−0.135%	$42K	$53K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004307	−0.111%	$22.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004306	−0.135%	$17.0M	$19.2M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004305	−0.158%	—	$12.8M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004310	−0.038%	$63K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004300	−0.285%	$1.2M	$9.6M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004301	−0.250%	$136K	$767K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004309	−0.065%	$107K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004305	−0.166%	$4K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004308	−0.088%	$1K	$709K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004303	−0.204%	$710	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004298	−0.320%	$21K	$146K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004301	−0.250%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004304	−0.178%	$3.5M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004304	−0.181%	$71K	$18K	3x	as long as short
RISEx PUMP/USDC	+0.0125%	1h	0.004308	−0.085%	$491K	$1.0M	10x	as long as short
Phoenix PUMP	+0.0129%	1h	0.004308	−0.086%	$39K	$99K	10x	as long as short
01 Exchange PUMPUSD	+0.0144%	1h	0.004309	−0.065%	$6K	$497	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004308	−0.088%	$656K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0221%	1h	0.004305	−0.158%	$67K	—	100x	as long as short
Aftermath Perps PUMPUSD	+0.0324%	1h	0.004310	−0.047%	$179	$106K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004301	−0.250%	$3.4M	$3.6M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004306	−0.143%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	+0.283%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0689%	1h	0.004308	−0.081%	$1.3M	$3.5M	50x	as long as short