A technique facilitates operation of a pump, such as a submersible pump in an electric submersible pumping system. The pump has a sequential diffuser and impeller which are operationally engaged via a thrust device. In some embodiments, the diffuser and impeller also are operationally engaged via a front seal. A bypass channel is used to route a flow of fluid from a tip region of the impeller to an inlet region of the impeller without passing through the thrust device during operation of the pump.