PUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0645%/8h= −70.7% APRnext payment −$0.81 per $10,000 · paid last 24h −0.073%

Price spread now: Lighter against RISEx+0.055%7-day average +0.047% · 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−$23as in the Price arb table

costs, in and out, $10k−$240.242% of the position

Long on RISEx Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.195%−$20 on $10k

Price spread, last 7 days−0.022%−$2 · spread now +0.055%, 7d avg +0.047%

Together, before fees−0.218%+ Points / potential airdropLighter: Season 3 · farm board−$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.195% in total (about -18.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.81 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	RISEx PUMP/USDC	0.004574	0.0741	pay 0.0093% / 1h	24m 08s	$532K	$1.1M	10x
Short	Lighter PUMP	0.004576	0.0096	get 0.0012% / 1h	24m 08s	$3.0M	$4.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against RISEx. 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 RISExbpFee LighterbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$135.51
Price spread: +0.055% → +0.047%: $0.79
Slippage, 4 orders: −$18.24
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: −$158.95
Costs to cover: 0.242%
Break-even: never at this rate

Slippage from RISEx: live order book, 4 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 RISEx live order book, 4 min ago	4.42 bp	7.4 bp −$7	12.9 bp −$129	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	2.21 bp	4.3 bp −$4	15.7 bp −$157	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	−0.0126%	1h	0.004563	−0.227%	$21K	$11K	5x	as long as short
Gate PUMP_USDT	−0.0090%	4h	0.004572	−0.033%	$4.9M	$10.1M	75x	as long as short
Perpl PUMP	0.0000%	43m	0.004574	+0.011%	$18K	$264K	20x	as long as short
gTrade (Gains Network) PUMP/USD	L +0.0003% / S −0.0002%	1h	0.004565	−0.188%	$55K	—	150x	as long as short
Lighter PUMPshort	+0.0096%	1h	0.004576	+0.055%	$3.0M	$4.5M	10x
Popdex PUMPUSDT	+0.0096%	1h	0.004500	−1.607%	$35K	$666K	20x	as long as short
Aster PUMPUSDT	+0.0100%	4h	0.004578	+0.090%	$854K	$2.4M	50x	as long as short
Pacifica PUMP	+0.0100%	1h	0.004572	−0.033%	$525K	$892K	10x	as long as short
Binance PUMPUSDT	+0.0100%	4h	0.004578	+0.108%	$83.6M	$176.5M	75x	as long as short
OKX PUMP-USDT-SWAP	+0.0100%	4h	0.004575	+0.033%	$25.2M	$104.7M	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	0.004563	−0.232%	$27K	$153K	5x	as long as short
Arcus PUMP-USD	+0.0100%	1h	0.004573	−0.011%	$51K	$140K	10x	as long as short
KuCoin PUMPUSDTM	+0.0100%	4h	0.004578	+0.098%	$25.1M	$13.9M	50x	as long as short
Bitget PUMPUSDT	+0.0100%	4h	0.004576	+0.055%	$17.8M	$18.9M	75x	as long as short
BingX PUMP-USDT	+0.0100%	4h	0.004576	+0.055%	—	$14.6M	—	as long as short
Backpack PUMP_USDC_PERP	+0.0100%	1h	0.004577	+0.068%	$820K	$213K	5x	as long as short
edgeX PUMPUSDC	+0.0100%	4h	0.004531	−0.936%	$67K	$3.2M	20x	as long as short
GRVT PUMP_USDT_Perp	+0.0100%	4h	0.004527	−1.017%	$1.3M	$11.0M	10x	as long as short
ApeX Omni PUMPUSDT	+0.0100%	1h	0.004535	−0.842%	$161K	$748K	50x	as long as short
Polymarket Perps PUMP-USD	+0.0100%	1h	0.004575	+0.033%	$108K	$2.3M	10x	as long as short
Orderly PERP_PUMP_USDC	+0.0100%	4h	0.004576	+0.055%	$43K	$2K	10x	as long as short
Derive PUMP-PERP	+0.0100%	1h	0.004520	−1.169%	$5K	$13K	6.7x	as long as short
SunX PUMP-USDT	+0.0100%	4h	0.004576	+0.055%	$2K	$787K	20x	as long as short
SoDEX PUMP-USD	+0.0100%	1h	0.004575	+0.033%	$261	$7K	10x	as long as short
HTX PUMP-USDT	+0.0100%	4h	0.004573	−0.011%	$22K	$126K	20x	as long as short
Phemex PUMPUSDT	+0.0100%	4h	0.004576	+0.055%	$2.0M	$3.9M	20x	as long as short
Paradex PUMP-USD-PERP	+0.0102%	8h	0.004566	−0.156%	$43K	$276	5x	as long as short
Extended PUMP-USD	+0.0104%	1h	0.004574	+0.017%	$3.7M	$3.9M	50x	as long as short
Aevo PUMP-PERP	+0.0104%	1h	0.004572	−0.033%	$68K	$10K	3x	as long as short
Hyperliquid PUMP	+0.0113%	1h	0.004580	+0.142%	$170.7M	$49.9M	10x	as long as short
Nado PUMP-PERP	+0.0292%	1h	0.004572	−0.038%	$1.7M	$2.2M	10x	as long as short
01 Exchange PUMPUSD	+0.0304%	1h	0.004572	−0.033%	$6K	$600	10x	as long as short
GMX PUMP/USD [WBTC.b-USDC]	L +0.0304% / S −0.0274%	1h	0.004575	+0.033%	$65K	—	100x	as long as short
Phoenix PUMP	+0.0332%	1h	0.004527	−1.012%	$44K	$146K	10x	as long as short
BloFin PUMP-USDT	+0.0340%	4h	0.004565	−0.186%	$3.8M	$4.7M	75x	as long as short
Reya PUMPRUSDPERP	+0.0344%	1h	0.004574	+0.005%	$2	—	3x	as long as short
Injective PUMP/USDC PERP	+0.0344%	1h	0.004582	+0.186%	$38K	$204K	12x	as long as short
Deribit PUMP_USDC-PERPETUAL	+0.0406%	1h	0.004578	+0.098%	$70K	$114K	25x	as long as short
Coinbase International PUMP-PERP-INTX	+0.0544%	1h	0.004578	+0.098%	$750K	$6.3M	50x	as long as short
RISEx PUMP/USDClong	+0.0741%	1h	0.004574	long leg	$532K	$1.1M	10x
Kraken Futures PF_PUMPUSD	+0.0809%	1h	0.004576	+0.050%	$1.1M	$3.6M	50x	as long as short
Aftermath Perps PUMPUSD	+0.0973%	1h	0.004544	−0.649%	$702	$108K	10x	as long as short