TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.006%

Price spread now: Lighter against gTrade (Gains Network)+0.008%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no 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: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) TRUMP/USD	2.1844	L +0.0008% / S −0.0007%	pay 0.0001% / 1h	44m 59s	$41K	—	150x
Short	Lighter TRUMP	2.1846	0.0096	get 0.0012% / 1h	44m 59s	$966K	$960K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee LighterbpOrdersPrice spread, now +0.008%Rate

Funding earned: $18.42
Price spread: +0.008% → 0.000%: $0.78
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $9.2
Costs to cover: 0.100%
Break-even: 3.5 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 5 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Lighter live order book, 5 min ago	0.92 bp	10.7 bp −$11	36.2 bp −$362	doesn't fit	doesn't fit

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1765%	1h	2.1710	−0.615%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1811	−0.150%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0148%	4h	2.1850	+0.026%	$7.9M	$51.1M	75x	as long as short
Bybit TRUMPUSDT	−0.0136%	4h	2.1840	−0.020%	$30.9M	$49.9M	50x	as long as short
SoDEX TRUMP-USD	−0.0108%	1h	2.1845	+0.003%	$95	$6K	5x	as long as short
Extended TRUMP-USD	−0.0040%	1h	2.1824	−0.093%	$75K	$722K	25x	as long as short
Binance TRUMPUSDT	−0.0039%	4h	2.1840	−0.018%	$61.6M	$244.1M	75x	as long as short
Variational Omni TRUMP	−0.0022%	4h	2.1801	−0.197%	$676K	$513K	—	as long as short
edgeX TRUMPUSDC	−0.0016%	4h	2.1821	−0.106%	$106K	$265K	20x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1836	−0.038%	$27K	$512	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1858	+0.063%	$411K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USDlong	L +0.0008% / S −0.0007%	1h	2.1844	long leg	$41K	—	150x
Orderly PERP_TRUMP_USDC	+0.0037%	4h	2.1840	−0.020%	$4K	$176K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0040%	8h	2.1796	−0.219%	$5K	$175	5x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1832	−0.054%	$19K	—	3x	as long as short
Lighter TRUMPshort	+0.0096%	1h	2.1846	+0.008%	$966K	$960K	10x
Hyperliquid TRUMP	+0.0100%	1h	2.1865	+0.095%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1869	+0.113%	$428K	$816K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1819	−0.114%	$188K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1820	−0.111%	$27.8M	$178.7M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1840	−0.020%	$410K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1840	−0.020%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1850	+0.026%	$15.8M	$25.9M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1800	−0.203%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1830	−0.065%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1860	+0.072%	$510K	$2.3M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0171%	1h	2.1873	+0.131%	$1.3M	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1839	−0.026%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0201%	4h	2.1830	−0.065%	$4.2M	$685K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1830	−0.065%	$282K	$279K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0409%	1h	2.1875	+0.141%	$343K	$375K	10x	as long as short