PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.001%

Price spread now: Lighter against Ondo Perps−0.206%7-day average +0.085% · you buy dearer than you sell

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

Long on Ondo Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.082%+$8 on $10k

Price spread, last 4 days (all we have)−0.082%−$8 · spread now −0.206%, 7d avg +0.085%

Together, before fees0.000%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board$0 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: Lighter is 0.292% cheaper against Ondo Perps than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.085%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps PUMP-USD.P	0.004463	0.0100	pay 0.0013% / 1h	12m 00s	$37K	$191K	5x
Short	Lighter PUMP	0.004454	0.0096	get 0.0012% / 1h	12m 00s	$2.8M	$5.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Ondo PerpsbpFee LighterbpOrdersPrice spread, now −0.206%Rate

Funding earned: −$0.84
Price spread: −0.206% → +0.085%: −$29.15
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$34.99
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 6 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Lighter live order book, 6 min ago	2.23 bp	3.2 bp −$3	6.5 bp −$65	68.0 bp −$6,804	doesn't fit

Ondo Perps: 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
Perpl PUMP	−0.0112%	43m	0.004455	−0.184%	$18K	$230K	20x	as long as short
dYdX PUMP-USD	−0.0008%	1h	0.004461	−0.046%	$20K	$9K	5x	as long as short
Deribit PUMP_USDC-PERPETUAL	0.0000%	1h	0.004453	−0.229%	$71K	$124K	25x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0002% / S −0.0002%	1h	0.004453	−0.224%	$54K	—	150x	as long as short
Lighter PUMPshort	+0.0096%	1h	0.004454	−0.206%	$2.8M	$5.5M	10x
Popdex PUMPUSDT	+0.0096%	1h	0.004400	−1.416%	$31K	$789K	20x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004452	−0.251%	$42K	$10K	10x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004455	−0.189%	$701K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004458	−0.117%	$488K	$783K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004452	−0.246%	$81.0M	$170.6M	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	0.004450	−0.296%	$24.2M	$97.9M	50x	as long as short
Ondo Perps PUMP-USD.Plong	+0.0100%	1h	0.004463	long leg	$37K	$191K	5x
Arcus PUMP-USD	+0.0100%	1h	0.004459	−0.094%	$60K	$86K	10x	as long as short
Gate PUMP_USDT	+0.0100%	4h	0.004451	−0.273%	$4.9M	$11.3M	75x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004456	−0.161%	$23.7M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004452	−0.251%	$17.7M	$20.0M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004453	−0.229%	—	$12.9M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004451	−0.269%	$790K	$189K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004478	+0.335%	$65K	$3.1M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004474	+0.237%	$1.2M	$10.7M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004479	+0.354%	$149K	$751K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004460	−0.072%	$107K	$2.1M	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004453	−0.240%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004458	−0.117%	$2K	$755K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004452	−0.251%	$279	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004449	−0.318%	$21K	$118K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004457	−0.139%	$2.0M	$4.0M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0101%	8h	0.004457	−0.146%	$42K	$276	5x	as long as short
Nado PUMP-PERP	+0.0104%	1h	0.004458	−0.105%	$1.7M	$2.0M	10x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004450	−0.296%	$71K	$11K	3x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0191% / S −0.0050%	1h	0.004454	−0.206%	$60K	—	100x	as long as short
Extended PUMP-USD	+0.0264%	1h	0.004451	−0.265%	$3.9M	$4.3M	50x	as long as short
01 Exchange PUMPUSD	+0.0288%	1h	0.004460	−0.072%	$6K	$727	10x	as long as short
Phoenix PUMP	+0.0321%	1h	0.004468	+0.108%	$43K	$103K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004461	−0.049%	$3.7M	$4.5M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004455	−0.190%	$2	—	3x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0448%	1h	0.004469	+0.130%	$707K	$6.0M	50x	as long as short
Hyperliquid PUMP	+0.0483%	1h	0.004458	−0.117%	$166.7M	$55.9M	10x	as long as short
RISEx PUMP/USDC	+0.0544%	1h	0.004459	−0.085%	$530K	$996K	10x	as long as short
Injective PUMP/USDC PERP	+0.0880%	1h	0.004455	−0.184%	$39K	$204K	12x	as long as short
Aftermath Perps PUMPUSD	+0.0880%	1h	0.004467	+0.090%	$590	$117K	10x	as long as short
Kraken Futures PF_PUMPUSD	+0.1343%	1h	0.004455	−0.178%	$1.1M	$3.3M	50x	as long as short