Funding arb · Price arb /

PUMP

all PUMP markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.073%

Price spread now: Lighter against BloFin+0.088%60s7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.310% of the position

Long on BloFin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.360%−$36 on $10k

Price spread, last 4 days (all we have)+0.093%+$9 · spread now +0.088%, 7d avg +0.047%

Together, before fees−0.267%+ Points / potential airdropLighter: Season 3 · farm board−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter is 0.041% dearer against BloFin than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of +0.047%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 13 hours. The two prices were read 60 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	BloFin PUMP-USDT	0.004530	0.0340	pay 0.0170% / 4h	1h 52m	$3.8M	$4.4M	75x
Short	Lighter PUMP	0.004534	0.0096	get 0.0012% / 1h	52m 04s	$3.0M	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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 BloFinbpFee LighterbpOrdersPrice spread, now +0.088%Rate

Funding earned: −$51.24
Price spread: +0.088% → +0.047%: $4.12
Slippage, 4 orders: −$18.95
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$78.07
Costs to cover: 0.310%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Lighter: live order book, 3 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 BloFin live order book, 4 min ago	1.10 bp	11.3 bp −$11	22.8 bp −$228	64.6 bp −$6,462	173.1 bp −$86.6K
Sell Lighter live order book, 3 min ago	2.20 bp	4.2 bp −$4	7.5 bp −$75	63.5 bp −$6,355	doesn't fit

PUMP on 41 exchanges

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	−0.0102%	1h	0.004530	−0.002%	$21K	$12K	5x	as long as short
Gate PUMP_USDT	−0.0078%	4h	0.004529	−0.022%	$4.8M	$9.6M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004530	0.000%	$18K	$268K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004528	−0.034%	$55K	—	150x	as long as short
Lighter PUMPshort	+0.0096%	1h	0.004534	+0.088%	$3.0M	$2.5M	10x
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−0.662%	$33K	$589K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004528	−0.034%	$848K	$2.1M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004534	+0.088%	$516K	$837K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004530	0.000%	$82.6M	$171.3M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004525	−0.110%	$24.7M	$101.5M	50x	as long as short

Show all 41 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004529	−0.015%	$17K	$151K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004538	+0.177%	$53K	$155K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004533	+0.066%	$25.1M	$13.5M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004531	+0.022%	$17.9M	$18.6M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004529	−0.022%	—	$14.4M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004530	−0.002%	$818K	$216K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004561	+0.682%	$68K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004535	+0.110%	$1.3M	$10.5M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004534	+0.088%	$161K	$743K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004535	+0.110%	$107K	$1.7M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004530	0.000%	$42K	$2K	10x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004530	0.000%	$2K	$766K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004530	0.000%	$549	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004530	0.000%	$23K	$127K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004533	+0.066%	$1.9M	$3.8M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004537	+0.149%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004529	−0.022%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004532	+0.044%	$67K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0148%	1h	0.004536	+0.132%	$168.9M	$47.4M	10x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0192%	1h	0.004532	+0.044%	$69K	$102K	25x	as long as short
Nado PUMP-PERP	+0.0241%	1h	0.004532	+0.055%	$1.7M	$2.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0251%	1h	0.004542	+0.265%	$36K	$205K	12x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004536	+0.132%	$6K	$333	10x	as long as short
Phoenix PUMP	+0.0298%	1h	0.004561	+0.675%	$44K	$144K	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0278%	1h	0.004529	−0.022%	$65K	—	100x	as long as short
BloFin PUMP-USDTlong	+0.0340%	4h	0.004530	long leg	$3.8M	$4.4M	75x
Reya PUMPRUSDPERP	+0.0344%	1h	0.004531	+0.031%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004536	+0.132%	$701K	$6.0M	50x	as long as short
RISEx PUMP/USDC	+0.0558%	1h	0.004535	+0.121%	$574K	$912K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0625%	1h	0.004533	+0.067%	$1.1M	$2.9M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1018%	1h	0.004542	+0.274%	$281	$98K	10x	as long as short