PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h −0.081%

Price spread now: Lighter against RISEx−0.081%7-day average +0.052% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$190.194% of the position

Long on RISEx Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.145%−$15 on $10k

Price spread, last 7 days+0.169%+$17 · spread now −0.081%, 7d avg +0.052%

Together, before fees+0.023%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.133% cheaper against RISEx than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.052%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx PUMP/USDC	0.004334	0.0125	pay 0.0016% / 1h	31m 56s	$493K	$1.0M	10x
Short	Lighter PUMP	0.004331	0.0096	get 0.0012% / 1h	31m 56s	$2.9M	$5.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against RISEx. 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 RISExbpFee LighterbpOrdersPrice spread, now −0.081%Rate

Funding earned: −$6
Price spread: −0.081% → +0.052%: −$13.32
Slippage, 4 orders: −$13.4
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$38.72
Costs to cover: 0.194%
Break-even: never at this rate

Slippage from RISEx: live order book, 2 min ago; Lighter: live order book, 6 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 RISEx live order book, 2 min ago	2.31 bp	5.3 bp −$5	12.4 bp −$124	doesn't fit	doesn't fit
Sell Lighter live order book, 6 min ago	1.16 bp	3.3 bp −$3	6.1 bp −$61	63.7 bp −$6,374	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	−0.2934%	1h	0.004336	+0.035%	$20K	$8K	5x	as long as short
Backpack PUMP_USDC_PERP	−0.0344%	1h	0.004330	−0.102%	$775K	$181K	5x	as long as short
Perpl PUMP	−0.0112%	43m	0.004333	−0.035%	$20K	$204K	20x	as long as short
OKX PUMP-USDT-SWAP	−0.0062%	4h	0.004329	−0.127%	$22.6M	$94.6M	50x	as long as short
Orderly PERP_PUMP_USDC	−0.0018%	4h	0.004332	−0.058%	$41K	$10K	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004333	−0.035%	$69K	$126K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004334	−0.023%	$55K	—	150x	as long as short
Lighter PUMPshort	+0.0096%	1h	0.004331	−0.081%	$2.9M	$5.5M	10x
Popdex PUMPUSDT	+0.0096%	1h	0.004300	−0.796%	$29K	$766K	20x	as long as short
Paradex PUMP-USD-PERP	+0.0100%	8h	0.004330	−0.102%	$42K	—	5x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado PUMP-PERP	+0.0100%	1h	0.004332	−0.046%	$1.6M	$2.0M	10x	as long as short
Hyperliquid PUMP	+0.0100%	1h	0.004335	+0.012%	$158.5M	$52.1M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004334	−0.018%	$787K	$2.0M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004331	−0.081%	$449K	$614K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004330	−0.114%	$76.9M	$163.9M	75x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004319	−0.367%	$25K	$178K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004333	−0.035%	$42K	$53K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004331	−0.081%	$4.6M	$11.7M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004334	−0.012%	$22.8M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004330	−0.104%	$17.1M	$19.1M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004332	−0.058%	—	$12.7M	—	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004325	−0.218%	$63K	$3.0M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004332	−0.048%	$1.2M	$9.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004319	−0.358%	$136K	$767K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004336	+0.035%	$107K	$1.8M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004333	−0.032%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004334	−0.012%	$2K	$708K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004331	−0.081%	$714	$6K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004330	−0.104%	$21K	$148K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004330	−0.104%	$2.0M	$4.0M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004329	−0.126%	$3.6M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004331	−0.081%	$71K	$18K	3x	as long as short
01 Exchange PUMPUSD	+0.0120%	1h	0.004334	−0.012%	$6K	$497	10x	as long as short
RISEx PUMP/USDClong	+0.0125%	1h	0.004334	long leg	$493K	$1.0M	10x
Phoenix PUMP	+0.0129%	1h	0.004337	+0.065%	$39K	$99K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0240%	1h	0.004335	+0.012%	$658K	$5.4M	50x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0306% / S −0.0223%	1h	0.004333	−0.035%	$67K	—	100x	as long as short
Aftermath Perps PUMPUSD	+0.0314%	1h	0.004323	−0.277%	$180	$106K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004325	−0.219%	$3.4M	$3.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004332	−0.050%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0521%	1h	0.004324	−0.242%	$38K	$207K	12x	as long as short
Kraken Futures PF_PUMPUSD	+0.0685%	1h	0.004336	+0.037%	$1.3M	$3.5M	50x	as long as short