TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.015%

Price spread now: dYdX against Lighter−0.039%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on dYdX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. dYdX is 0.039% cheaper against Lighter than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TRUMP	2.1544	−0.0040	get 0.0005% / 1h	15m 43s	$953K	$957K	10x
Short	dYdX TRUMP-USD	2.1536	−0.0002	pay 0.0000% / 1h	15m 43s	$27K	$512	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Lighter. 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 LighterbpFee dYdXbpOrdersPrice spread, now −0.039%Rate

Funding earned: $7.92
Price spread: −0.039% → 0.000%: −$3.86
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$5.93
Costs to cover: 0.100%
Break-even: 12.2 days

Slippage unknown: Lighter: live order book, 40 min ago; dYdX: no order-book sample. 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 Lighter live order book, 40 min ago	1.39 bp	8.5 bp −$8	36.1 bp −$361	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.1690%	1h	2.1430	−0.529%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1537	−0.035%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0118%	1h	2.1535	−0.042%	$94	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0056%	4h	2.1540	−0.019%	$7.6M	$51.0M	75x	as long as short
Lighter TRUMPlong	−0.0040%	1h	2.1544	long leg	$953K	$957K	10x
Deribit TRUMP_USDC-PERPETUAL	−0.0028%	1h	2.1550	+0.028%	$406K	$72K	10x	as long as short
Variational Omni TRUMP	−0.0026%	4h	2.1531	−0.059%	$665K	$488K	—	as long as short
Binance TRUMPUSDT	−0.0012%	4h	2.1550	+0.028%	$60.5M	$242.2M	75x	as long as short
Extended TRUMP-USD	−0.0008%	1h	2.1519	−0.115%	$75K	$716K	25x	as long as short
edgeX TRUMPUSDC	−0.0005%	4h	2.1546	+0.010%	$105K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TRUMP-USDshort	−0.0002%	1h	2.1536	−0.039%	$27K	$512	5x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1550	+0.027%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0032%	8h	2.1535	−0.043%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0044%	4h	2.1540	−0.019%	$4K	$205K	10x	as long as short
Bybit TRUMPUSDT	+0.0079%	4h	2.1550	+0.028%	$30.5M	$49.6M	50x	as long as short
Aevo TRUMP-PERP	+0.0080%	1h	2.1530	−0.065%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1572	+0.130%	$14.5M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1547	+0.014%	$422K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1554	+0.048%	$185K	$53K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1560	+0.074%	$27.2M	$173.7M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1530	−0.065%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1540	−0.019%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1550	+0.028%	$15.5M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1559	+0.070%	$252K	$318K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1530	−0.064%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1560	+0.074%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1560	+0.074%	$503K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1550	+0.028%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1571	+0.124%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0230%	4h	2.1560	+0.074%	$4.2M	$683K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1530	−0.065%	$278K	$279K	50x	as long as short