Funding you earn now, next payment 09:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.006%
Price spread now: Lighter against edgeX−0.304%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.304%, 7d avg 0.000%
=Together, before fees+0.260%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter is 0.304% cheaper against edgeX than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of 0.000%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TRUMPUSDC | 2.1455 | −0.0126 | get 0.0063% / 4h | 3h 33m | $105K | $253K | 20x |
| Short | Lighter TRUMP | 2.1390 | −0.0232 | pay 0.0029% / 1h | 33m 07s | $935K | $990K | 10x |
edgeX TRUMPUSDC
Lighter TRUMPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$22.34
- Price spread: −0.304% → 0.000%
- −$30.41
- Slippage, 4 orders
- −$38.98
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$100.73
- Costs to cover
- 0.480%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 64 min ago; Lighter: live order book, 22 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 edgeX live order book, 64 min ago | 9.34 bp | 17.9 bp −$18 | 117.6 bp −$1,176 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 22 min ago | 1.86 bp | 7.4 bp −$7 | 33.1 bp −$331 | doesn't fit | doesn't fit |
TRUMP on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.1829% | 1h | 2.1350 | −0.491% | $12K | $157K | 12x | as long as short |
| SoDEX TRUMP-USD | −0.0534% | 1h | 2.1385 | −0.328% | $69 | $6K | 5x | as long as short |
| Bybit TRUMPUSDT | −0.0495% | 4h | 2.1400 | −0.258% | $30.6M | $51.7M | 50x | as long as short |
| Gate TRUMP_USDT | −0.0348% | 4h | 2.1390 | −0.304% | $7.7M | $49.7M | 75x | as long as short |
| Variational Omni TRUMP | −0.0300% | 4h | 2.1451 | −0.018% | $662K | $415K | — | as long as short |
| Extended TRUMP-USD | −0.0256% | 1h | 2.1364 | −0.423% | $74K | $494K | 25x | as long as short |
| Binance TRUMPUSDT | −0.0252% | 4h | 2.1400 | −0.258% | $61.3M | $247.6M | 75x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0249% | 4h | 2.1390 | −0.304% | $26.8M | $181.9M | 50x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1429 | −0.122% | $5 | — | 10x | as long as short |
| Lighter TRUMPshort | −0.0232% | 1h | 2.1390 | −0.304% | $935K | $990K | 10x |
Injective TRUMP/USDC PERP
SoDEX TRUMP-USD
Bybit TRUMPUSDT
Gate TRUMP_USDT
Variational Omni TRUMP
Extended TRUMP-USD
Binance TRUMPUSDT
OKX TRUMP-USDT-SWAP
Reya TRUMPRUSDPERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit TRUMP_USDC-PERPETUAL | −0.0217% | 1h | 2.1389 | −0.309% | $387K | $81K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0162% | 8h | 2.1363 | −0.432% | $5K | $175 | 5x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.0136% | 1h | 2.1360 | −0.444% | $148K | $493K | 50x | as long as short |
| edgeX TRUMPUSDClong | −0.0126% | 4h | 2.1455 | long leg | $105K | $253K | 20x | |
| Orderly PERP_TRUMP_USDC | −0.0100% | 4h | 2.1370 | −0.398% | $5K | $296K | 10x | as long as short |
| KuCoin TRUMPUSDTM | −0.0054% | 4h | 2.1370 | −0.398% | $4.1M | $10.7M | 50x | as long as short |
| GRVT TRUMP_USDT_Perp | −0.0042% | 4h | 2.1454 | −0.007% | $181K | $4.3M | 10x | as long as short |
| dYdX TRUMP-USD | −0.0022% | 1h | 2.1387 | −0.320% | $26K | $805 | 5x | as long as short |
| BloFin TRUMP-USDT | −0.0012% | 4h | 2.1380 | −0.351% | $4.2M | $684K | 75x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1405 | −0.236% | $40K | — | 150x | as long as short |
| Aevo TRUMP-PERP | +0.0016% | 1h | 2.1434 | −0.098% | $19K | — | 3x | as long as short |
| Bitget TRUMPUSDT | +0.0020% | 4h | 2.1390 | −0.304% | $15.2M | $26.6M | 75x | as long as short |
| MEXC TRUMP_USDC | +0.0094% | 4h | 2.1370 | −0.398% | $397K | $148K | 125x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1413 | −0.197% | $13.6M | $8.1M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1410 | −0.210% | $407K | $716K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1397 | −0.272% | $184K | $54K | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1430 | −0.118% | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1420 | −0.164% | $495K | $2.5M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0121% | 1h | 2.1424 | −0.147% | $1.3M | $2.3M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0136% / S −0.0098% | 1h | 2.1385 | −0.328% | $9K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0284% | 1h | 2.1425 | −0.141% | $382K | $422K | 10x | as long as short |
Deribit TRUMP_USDC-PERPETUAL
Paradex TRUMP-USD-PERP
Coinbase International TRUMP-PERP-INTX
Orderly PERP_TRUMP_USDC
KuCoin TRUMPUSDTM
GRVT TRUMP_USDT_Perp
dYdX TRUMP-USD
BloFin TRUMP-USDT
gTrade (Gains Network) TRUMP/USD
Aevo TRUMP-PERP
Bitget TRUMPUSDT
MEXC TRUMP_USDC
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
SunX TRUMP-USDT
HTX TRUMP-USDT
Kraken Futures PF_TRUMPUSD
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP