PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Nado against Lighter+0.056%7-day average −0.032% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$240.236% of the position

Long on Lighter Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.043%−$4 on $10k

Price spread, last 7 days−0.107%−$11 · spread now +0.056%, 7d avg −0.032%

Together, before fees−0.149%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board−$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.088% dearer against Lighter than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter PUMP	0.004463	0.0096	pay 0.0012% / 1h	33m 57s	$2.9M	$4.6M	10x
Short	Nado PUMP-PERP	0.004465	0.0100	get 0.0012% / 1h	33m 57s	$1.6M	$2.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Lighter. 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 LighterbpFee NadobpOrdersPrice spread, now +0.056%Rate

Funding earned: $0.84
Price spread: +0.056% → −0.032%: $8.8
Slippage, 4 orders: −$16.59
Fee Lighter: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$13.95
Costs to cover: 0.236%
Break-even: 123.3 days

Slippage from Lighter: live order book, 4 min ago; Nado: live order book, 5 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, 4 min ago	2.25 bp	4.4 bp −$4	8.1 bp −$81	83.9 bp −$8,392	doesn't fit
Sell Nado live order book, 5 min ago	1.13 bp	7.8 bp −$8	25.6 bp −$256	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	−0.0016%	1h	0.004463	+0.002%	$20K	$11K	5x	as long as short
Perpl PUMP	0.0000%	43m	0.004464	+0.022%	$18K	$241K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004463	0.000%	$55K	—	150x	as long as short
Gate PUMP_USDT	+0.0088%	4h	0.004460	−0.067%	$5.0M	$10.4M	75x	as long as short
Lighter PUMPlong	+0.0096%	1h	0.004463	long leg	$2.9M	$4.6M	10x
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.412%	$30K	$629K	20x	as long as short
Nado PUMP-PERPshort	+0.0100%	1h	0.004465	+0.056%	$1.6M	$2.0M	10x
Aster PUMPUSDT	+0.0100%	4h	0.004462	−0.030%	$711K	$2.2M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004469	+0.134%	$538K	$767K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004458	−0.101%	$81.9M	$166.5M	75x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004455	−0.179%	$24.4M	$94.6M	50x	as long as short
Ondo Perps PUMP-USD.P	+0.0100%	1h	0.004453	−0.215%	$31K	$166K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004470	+0.157%	$65K	$103K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004465	+0.045%	$23.9M	$13.7M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004455	−0.179%	$17.7M	$18.8M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004462	−0.022%	—	$13.8M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004462	−0.025%	$803K	$203K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004443	−0.440%	$66K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004450	−0.294%	$1.2M	$10.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004450	−0.291%	$150K	$747K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004465	+0.045%	$111K	$2.1M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004462	−0.022%	$42K	$11K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004460	−0.057%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004463	0.000%	$2K	$745K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004463	0.000%	$280	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004464	+0.022%	$21K	$93K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004459	−0.090%	$2.0M	$3.9M	20x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004455	−0.172%	$3.8M	$3.7M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004458	−0.112%	$66K	$10K	3x	as long as short
Paradex PUMP-USD-PERP	+0.0104%	8h	0.004470	+0.162%	$42K	$276	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0198%	1h	0.004462	−0.022%	$69K	$115K	25x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0272% / S −0.0200%	1h	0.004462	−0.022%	$54K	—	100x	as long as short
01 Exchange PUMPUSD	+0.0312%	1h	0.004468	+0.112%	$6K	$600	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004493	+0.672%	$3.8M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004463	−0.004%	$2	—	3x	as long as short
Phoenix PUMP	+0.0356%	1h	0.004438	−0.569%	$45K	$119K	10x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0480%	1h	0.004469	+0.134%	$717K	$5.5M	50x	as long as short
Hyperliquid PUMP	+0.0497%	1h	0.004469	+0.134%	$167.2M	$49.0M	10x	as long as short
Injective PUMP/USDC PERP	+0.0571%	1h	0.004496	+0.739%	$38K	$204K	12x	as long as short
RISEx PUMP/USDC	+0.0682%	1h	0.004468	+0.107%	$531K	$1.0M	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.0820%	1h	0.004463	−0.009%	$1.0M	$3.3M	50x	as long as short
Aftermath Perps PUMPUSD	+0.1103%	1h	0.004464	+0.022%	$517	$104K	10x	as long as short