Funding you earn now, next payment 08:00 UTC+0.0688%/8h= +75.4% APRnext payment +$0.86 per $10,000 · paid last 24h +0.071%
Price spread now: RISEx against Lighter−0.112%7-day average −0.047% · 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−$23as in the Price arb table
costs, in and out, $10k−$170.169% of the position
Funding, last 4 days (all we have)+0.187%+$19 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now −0.112%, 7d avg −0.047%
=Together, before fees+0.259%+ Points / potential airdropLighter: Season 3 · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.065% cheaper against Lighter than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of −0.047%). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$21 a day). At the pace of the last 4 days (+0.187% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.187% in total (about 18.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.86 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 | 0.004482 | 0.0096 | pay 0.0012% / 1h | 35m 55s | $2.9M | $4.6M | 10x |
| Short | RISEx PUMP/USDC | 0.004477 | 0.0784 | get 0.0098% / 1h | 35m 55s | $531K | $1.1M | 10x |
Lighter PUMP
RISEx PUMP/USDCFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $144.55
- Price spread: −0.112% → −0.047%
- −$6.5
- Slippage, 4 orders
- −$10.93
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $121.12
- Costs to cover
- 0.169%
- Break-even
- 1.1 days
Slippage from Lighter: live order book, 7 min ago; RISEx: 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 Lighter live order book, 7 min ago | 2.22 bp | 4.3 bp −$4 | 7.6 bp −$76 | 75.4 bp −$7,539 | doesn't fit |
| Sell RISEx live order book, 3 min ago | 1.12 bp | 4.1 bp −$4 | 11.1 bp −$111 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX PUMP-USD | 0.0000% | 1h | 0.004483 | +0.022% | $21K | $11K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004481 | −0.022% | $18K | $266K | 20x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0002% / S −0.0002% | 1h | 0.004479 | −0.070% | $55K | — | 150x | as long as short |
| Gate PUMP_USDT | +0.0008% | 4h | 0.004481 | −0.022% | $4.9M | $10.2M | 75x | as long as short |
| Lighter PUMPlong | +0.0096% | 1h | 0.004482 | long leg | $2.9M | $4.6M | 10x | |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −1.830% | $28K | $642K | 20x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004480 | −0.045% | $820K | $2.4M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004481 | −0.022% | $525K | $854K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004486 | +0.099% | $82.1M | $172.2M | 75x | as long as short |
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004490 | +0.178% | $24.8M | $98.3M | 50x | as long as short |
dYdX PUMP-USD
Perpl PUMP
gTrade (Gains Network) PUMP/USD
Gate PUMP_USDT
Popdex PUMPUSDT
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDT
OKX PUMP-USDT-SWAPShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004479 | −0.056% | $26K | $150K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004474 | −0.178% | $45K | $125K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004486 | +0.089% | $24.2M | $13.8M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004490 | +0.178% | $17.6M | $19.0M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004485 | +0.067% | — | $14.2M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004481 | −0.029% | $804K | $203K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004486 | +0.079% | $66K | $3.2M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004484 | +0.045% | $1.2M | $10.6M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004509 | +0.602% | $152K | $743K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004480 | −0.045% | $103K | $2.2M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004479 | −0.067% | $42K | $2K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004482 | −0.001% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004479 | −0.067% | $2K | $770K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004480 | −0.045% | $251 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004472 | −0.223% | $21K | $76K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004480 | −0.045% | $1.9M | $3.9M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0101% | 8h | 0.004481 | −0.016% | $43K | $276 | 5x | as long as short |
| Extended PUMP-USD | +0.0104% | 1h | 0.004482 | +0.006% | $3.8M | $3.7M | 50x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004476 | −0.134% | $66K | $10K | 3x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0197% | 1h | 0.004481 | −0.022% | $69K | $116K | 25x | as long as short |
| Hyperliquid PUMP | +0.0198% | 1h | 0.004489 | +0.156% | $167.4M | $49.6M | 10x | as long as short |
| Nado PUMP-PERP | +0.0206% | 1h | 0.004481 | −0.025% | $1.6M | $2.1M | 10x | as long as short |
| 01 Exchange PUMPUSD | +0.0256% | 1h | 0.004477 | −0.112% | $6K | $600 | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0279% | 1h | 0.004491 | +0.201% | $37K | $204K | 12x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0303% / S −0.0274% | 1h | 0.004479 | −0.067% | $64K | — | 100x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004480 | −0.045% | $3.7M | $4.6M | 75x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004480 | −0.045% | $2 | — | 3x | as long as short |
| Phoenix PUMP | +0.0410% | 1h | 0.004485 | +0.062% | $47K | $139K | 10x | as long as short |
| Kraken Futures PF_PUMPUSD | +0.0449% | 1h | 0.004481 | −0.031% | $1.1M | $3.5M | 50x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0536% | 1h | 0.004485 | +0.067% | $723K | $5.9M | 50x | as long as short |
| RISEx PUMP/USDCshort | +0.0784% | 1h | 0.004477 | −0.112% | $531K | $1.1M | 10x | |
| Aftermath Perps PUMPUSD | +0.0934% | 1h | 0.004490 | +0.175% | $697 | $111K | 10x | as long as short |
Ondo Perps PUMP-USD.P
Arcus PUMP-USD
KuCoin PUMPUSDTM
Bitget PUMPUSDT
BingX PUMP-USDT
Backpack PUMP_USDC_PERP
edgeX PUMPUSDC
GRVT PUMP_USDT_Perp
ApeX Omni PUMPUSDT
Polymarket Perps PUMP-USD
Orderly PERP_PUMP_USDC
Derive PUMP-PERP
SunX PUMP-USDT
SoDEX PUMP-USD
HTX PUMP-USDT
Phemex PUMPUSDT
Paradex PUMP-USD-PERP
Extended PUMP-USD
Aevo PUMP-PERP
Deribit PUMP_USDC-PERPETUAL
Hyperliquid PUMP
Nado PUMP-PERP
01 Exchange PUMPUSD
Injective PUMP/USDC PERP
GMX PUMP/USD [WBTC.b-USDC]
BloFin PUMP-USDT
Reya PUMPRUSDPERP
Phoenix PUMP
Kraken Futures PF_PUMPUSD
Coinbase International PUMP-PERP-INTX
Aftermath Perps PUMPUSD