Funding you earn now, next payment 05:00 UTC−0.0565%/8h= −61.9% APRnext payment −$0.71 per $10,000 · paid last 24h −0.307%
Price spread now: Lighter against Kraken Futures−0.020%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$440.436% of the position
Funding, last 7 days−0.209%−$21 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.020%, 7d avg −0.003%
=Together, before fees−0.193%+ Points / potential airdropLighter: Season 3 · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.209% in total (about -10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.71 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 | Kraken Futures PF_PUMPUSD | 0.004435 | 0.0661 | pay 0.0083% / 1h | 24m 14s | $1.0M | $3.3M | 50x |
| Short | Lighter PUMP | 0.004434 | 0.0096 | get 0.0012% / 1h | 24m 14s | $2.9M | $4.8M | 10x |
Kraken Futures PF_PUMPUSD
Lighter PUMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Kraken Futures. 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
- −$118.67
- Price spread: −0.020% → −0.003%
- −$1.65
- Slippage, 4 orders
- −$33.63
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$163.95
- Costs to cover
- 0.436%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; Lighter: live order book, 4 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 Kraken Futures live order book, 5 min ago | 5.62 bp | 21.7 bp −$22 | 41.8 bp −$418 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.13 bp | 3.2 bp −$3 | 6.0 bp −$60 | 67.7 bp −$6,775 | 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 | −0.3251% | 1h | 0.004438 | +0.071% | $20K | $11K | 5x | as long as short |
| Perpl PUMP | 0.0000% | 43m | 0.004436 | +0.025% | $18K | $240K | 20x | as long as short |
| gTrade (Gains Network) PUMP/USD | L +0.0003% / S −0.0002% | 1h | 0.004433 | −0.047% | $56K | — | 150x | as long as short |
| Gate PUMP_USDT | +0.0016% | 4h | 0.004430 | −0.110% | $4.9M | $10.5M | 75x | as long as short |
| Lighter PUMPshort | +0.0096% | 1h | 0.004434 | −0.020% | $2.9M | $4.8M | 10x | |
| Popdex PUMPUSDT | +0.0096% | 1h | 0.004400 | −0.786% | $30K | $669K | 20x | as long as short |
| Nado PUMP-PERP | +0.0100% | 1h | 0.004434 | −0.008% | $1.6M | $2.0M | 10x | as long as short |
| Aster PUMPUSDT | +0.0100% | 4h | 0.004434 | −0.020% | $709K | $2.3M | 50x | as long as short |
| Pacifica PUMP | +0.0100% | 1h | 0.004437 | +0.048% | $493K | $824K | 10x | as long as short |
| Binance PUMPUSDT | +0.0100% | 4h | 0.004432 | −0.059% | $80.7M | $169.5M | 75x | as long as short |
dYdX PUMP-USD
Perpl PUMP
gTrade (Gains Network) PUMP/USD
Gate PUMP_USDT
Popdex PUMPUSDT
Nado PUMP-PERP
Aster PUMPUSDT
Pacifica PUMP
Binance PUMPUSDTShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX PUMP-USDT-SWAP | +0.0100% | 4h | 0.004430 | −0.110% | $24.2M | $96.4M | 50x | as long as short |
| Ondo Perps PUMP-USD.P | +0.0100% | 1h | 0.004452 | +0.377% | $31K | $188K | 5x | as long as short |
| Arcus PUMP-USD | +0.0100% | 1h | 0.004441 | +0.138% | $62K | $99K | 10x | as long as short |
| KuCoin PUMPUSDTM | +0.0100% | 4h | 0.004433 | −0.042% | $23.8M | $13.8M | 50x | as long as short |
| Bitget PUMPUSDT | +0.0100% | 4h | 0.004431 | −0.087% | $17.4M | $19.6M | 75x | as long as short |
| BingX PUMP-USDT | +0.0100% | 4h | 0.004431 | −0.087% | — | $12.8M | — | as long as short |
| Backpack PUMP_USDC_PERP | +0.0100% | 1h | 0.004432 | −0.074% | $790K | $207K | 5x | as long as short |
| edgeX PUMPUSDC | +0.0100% | 4h | 0.004436 | +0.021% | $65K | $3.1M | 20x | as long as short |
| GRVT PUMP_USDT_Perp | +0.0100% | 4h | 0.004450 | +0.339% | $1.2M | $10.4M | 10x | as long as short |
| ApeX Omni PUMPUSDT | +0.0100% | 1h | 0.004437 | +0.048% | $148K | $747K | 50x | as long as short |
| Polymarket Perps PUMP-USD | +0.0100% | 1h | 0.004439 | +0.093% | $105K | $2.1M | 10x | as long as short |
| Orderly PERP_PUMP_USDC | +0.0100% | 4h | 0.004433 | −0.042% | $42K | $11K | 10x | as long as short |
| Derive PUMP-PERP | +0.0100% | 1h | 0.004432 | −0.070% | $5K | $13K | 6.7x | as long as short |
| SunX PUMP-USDT | +0.0100% | 4h | 0.004432 | −0.065% | $1K | $756K | 20x | as long as short |
| SoDEX PUMP-USD | +0.0100% | 1h | 0.004433 | −0.042% | $278 | $7K | 10x | as long as short |
| HTX PUMP-USDT | +0.0100% | 4h | 0.004432 | −0.065% | $21K | $102K | 20x | as long as short |
| Phemex PUMPUSDT | +0.0100% | 4h | 0.004432 | −0.065% | $2.0M | $3.9M | 20x | as long as short |
| Paradex PUMP-USD-PERP | +0.0100% | 8h | 0.004437 | +0.057% | $42K | $276 | 5x | as long as short |
| Aevo PUMP-PERP | +0.0104% | 1h | 0.004431 | −0.087% | $66K | $13K | 3x | as long as short |
| Deribit PUMP_USDC-PERPETUAL | +0.0201% | 1h | 0.004435 | +0.003% | $70K | $122K | 25x | as long as short |
| GMX PUMP/USD [WBTC.b-USDC] | L +0.0270% / S −0.0198% | 1h | 0.004432 | −0.065% | $53K | — | 100x | as long as short |
| Extended PUMP-USD | +0.0288% | 1h | 0.004433 | −0.036% | $3.9M | $4.2M | 50x | as long as short |
| BloFin PUMP-USDT | +0.0340% | 4h | 0.004437 | +0.048% | $3.7M | $4.4M | 75x | as long as short |
| Phoenix PUMP | +0.0342% | 1h | 0.004439 | +0.100% | $43K | $119K | 10x | as long as short |
| Reya PUMPRUSDPERP | +0.0344% | 1h | 0.004433 | −0.049% | $2 | — | 3x | as long as short |
| 01 Exchange PUMPUSD | +0.0344% | 1h | 0.004441 | +0.138% | $6K | $600 | 10x | as long as short |
| Injective PUMP/USDC PERP | +0.0419% | 1h | 0.004456 | +0.476% | $38K | $204K | 12x | as long as short |
| Coinbase International PUMP-PERP-INTX | +0.0472% | 1h | 0.004441 | +0.138% | $708K | $5.8M | 50x | as long as short |
| Hyperliquid PUMP | +0.0526% | 1h | 0.004438 | +0.071% | $166.2M | $51.7M | 10x | as long as short |
| RISEx PUMP/USDC | +0.0638% | 1h | 0.004442 | +0.149% | $528K | $1.0M | 10x | as long as short |
| Kraken Futures PF_PUMPUSDlong | +0.0661% | 1h | 0.004435 | long leg | $1.0M | $3.3M | 50x | |
| Aftermath Perps PUMPUSD | +0.1026% | 1h | 0.004439 | +0.087% | $316 | $109K | 10x | as long as short |
OKX PUMP-USDT-SWAP
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
Aevo PUMP-PERP
Deribit PUMP_USDC-PERPETUAL
GMX PUMP/USD [WBTC.b-USDC]
Extended PUMP-USD
BloFin PUMP-USDT
Phoenix PUMP
Reya PUMPRUSDPERP
01 Exchange PUMPUSD
Injective PUMP/USDC PERP
Coinbase International PUMP-PERP-INTX
Hyperliquid PUMP
RISEx PUMP/USDC
Aftermath Perps PUMPUSD