Settings8H · net · $10k
Funding arb · Price arb /

TRUMP

all TRUMP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.022%
Price spread now: Lighter against Aevo−0.009%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo TRUMP-PERP2.17300.0064pay 0.0008% / 1h28m 05s$19K3x
ShortLighter TRUMP2.17280.0096get 0.0012% / 1h28m 05s$959K$975K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aevo. 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

Funding earned
$6.72
Price spread: −0.009% → 0.000%
−$0.92
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter: 0 bp × 2 orders
$0
Net
−$10.2
Costs to cover
0.160%
Break-even
17.6 days
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 22 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Lighter live order book, 22 min ago0.92 bp10.7 bp −$1136.2 bp −$362doesn't fitdoesn't fit
Aevo: 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.

TRUMP on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective TRUMP/USDC PERP−0.1765%1h2.1740+0.046%$13K$157K12xas long as short
SoDEX TRUMP-USD−0.0258%1h2.1758+0.129%$88$6K5xas long as short
Reya TRUMPRUSDPERP−0.0245%1h2.1741+0.051%$510xas long as short
Deribit TRUMP_USDC-PERPETUAL−0.0210%1h2.1745+0.069%$409K$72K10xas long as short
Paradex TRUMP-USD-PERP−0.0085%8h2.1755+0.116%$5K$1755xas long as short
Extended TRUMP-USD−0.0080%1h2.1729−0.006%$75K$716K25xas long as short
Binance TRUMPUSDT−0.0079%4h2.1725−0.025%$61.5M$245.3M75xas long as short
Gate TRUMP_USDT−0.0060%4h2.1740+0.046%$7.8M$51.5M75xas long as short
edgeX TRUMPUSDC−0.0034%4h2.1827+0.448%$106K$265K20xas long as short
Variational Omni TRUMP−0.0013%4h2.1871+0.650%$675K$516Kas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX TRUMP-USD−0.0001%1h2.1796+0.302%$27K$5125xas long as short
gTrade (Gains Network) TRUMP/USDL +0.0008% / S −0.0007%1h2.1756+0.121%$41K150xas long as short
Orderly PERP_TRUMP_USDC+0.0024%4h2.17300.000%$3K$187K10xas long as short
Aevo TRUMP-PERPlong+0.0064%1h2.1730long leg$19K3x
Lighter TRUMPshort+0.0096%1h2.1728−0.009%$959K$975K10x
Hyperliquid TRUMP+0.0100%1h2.1741+0.051%$13.8M$8.0M10xas long as short
Aster TRUMPUSDT+0.0100%4h2.1753+0.104%$409K$834K20xas long as short
Pacifica TRUMP+0.0100%1h2.1789+0.272%$187K$52K10xas long as short
Bybit TRUMPUSDT+0.0100%4h2.17300.000%$30.8M$50.0M50xas long as short
OKX TRUMP-USDT-SWAP+0.0100%4h2.1720−0.046%$27.8M$179.2M50xas long as short
MEXC TRUMP_USDC+0.0100%4h2.17300.000%$408K$150K125xas long as short
KuCoin TRUMPUSDTM+0.0100%4h2.1740+0.046%$4.2M$11.1M50xas long as short
Bitget TRUMPUSDT+0.0100%4h2.1740+0.046%$15.8M$25.9M75xas long as short
GRVT TRUMP_USDT_Perp+0.0100%4h2.1870+0.644%$179K$4.6M10xas long as short
SunX TRUMP-USDT+0.0100%4h2.1760+0.138%$2K$1.6M50xas long as short
HTX TRUMP-USDT+0.0100%4h2.1770+0.184%$495K$2.3M50xas long as short
BloFin TRUMP-USDT+0.0161%4h2.1800+0.322%$4.2M$682K75xas long as short
GMX TRUMP/USD [ETH-USDC]L +0.0171% / S −0.0141%1h2.1757+0.126%$10K100xas long as short
Kraken Futures PF_TRUMPUSD+0.0172%1h2.1763+0.154%$1.3M$2.2M50xas long as short
Backpack TRUMP_USDC_PERP+0.0279%1h2.1749+0.087%$341K$376K10xas long as short
Coinbase International TRUMP-PERP-INTX+0.0400%1h2.1890+0.736%$283K$279K50xas long as short