PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h −0.057%

Price spread now: Lighter against GMX+0.022%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.022% dearer against GMX than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX PUMP/USD [WBTC.b-USDC]	0.004497	L +0.0272% / S −0.0200%	pay 0.0034% / 1h	35m 07s	$54K	—	100x
Short	Lighter PUMP	0.004498	0.0096	get 0.0012% / 1h	35m 07s	$2.9M	$4.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. 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 GMXbpFee LighterbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$36.98
Price spread: +0.022% → 0.000%: $2.22
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$46.76
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 3 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 3 min ago	2.25 bp	4.4 bp −$4	7.9 bp −$79	72.3 bp −$7,226	doesn't fit

GMX: 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	−0.0016%	1h	0.004494	−0.059%	$21K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004497	0.000%	$18K	$242K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004499	+0.044%	$55K	—	150x	as long as short
Lighter PUMPshort	+0.0096%	1h	0.004498	+0.022%	$2.9M	$4.6M	10x
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−2.157%	$29K	$623K	20x	as long as short
Nado PUMP-PERP	+0.0100%	1h	0.004500	+0.078%	$1.6M	$2.0M	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004483	−0.311%	$714K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004495	−0.044%	$541K	$767K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004482	−0.334%	$82.4M	$166.4M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004475	−0.489%	$24.6M	$95.1M	50x	as long as short

Show 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	0.004453	−0.970%	$31K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004493	−0.089%	$65K	$101K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004491	−0.133%	$5.0M	$10.4M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004501	+0.089%	$24.1M	$13.6M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004484	−0.289%	$17.8M	$18.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004488	−0.200%	—	$13.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004490	−0.147%	$808K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004443	−1.192%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004450	−1.047%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004450	−1.045%	$150K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004502	+0.111%	$112K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004499	+0.044%	$43K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004496	−0.013%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004496	−0.022%	$2K	$742K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004496	−0.022%	$282	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004491	−0.133%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004493	−0.089%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004497	+0.007%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004496	−0.022%	$67K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0104%	8h	0.004497	+0.006%	$43K	$276	5x	as long as short
GMX PUMP/USD [WBTC.b-USDC]long	L +0.0272% / S −0.0200%	1h	0.004497	long leg	$54K	—	100x
01 Exchange PUMPUSD	+0.0312%	1h	0.004502	+0.111%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004493	−0.089%	$3.8M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004503	+0.129%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004438	−1.321%	$45K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004504	+0.156%	$725K	$5.6M	50x	as long as short
Hyperliquid PUMP	+0.0509%	1h	0.004492	−0.111%	$168.0M	$49.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004496	−0.022%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0639%	1h	0.004502	+0.111%	$70K	$115K	25x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004494	−0.069%	$534K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0814%	1h	0.004497	−0.008%	$1.1M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1057%	1h	0.004462	−0.778%	$715	$104K	10x	as long as short