Begin by boiling your pasta in a large pot of salted water according to the package instructions until al dente, about 8-10 minutes. Drain and rinse under cool water.
In a large bowl, combine the light olive oil, honey, lemon juice, dried oregano, dried thyme, red pepper flakes, garlic powder, onion powder, salt, and pepper. Whisk until smooth.
Add the warm pasta into the bowl with the dressing and gently stir until coated.
Toss in the halved cherry tomatoes, drained mozzarella pearls, mini turkey pepperoni slices, baby arugula, and fresh basil. Fold gently until evenly distributed.
Chill in the refrigerator for at least two hours before serving for best flavor.