TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0215%/8h= +23.5% APRnext payment +$0.27 per $10,000 · paid last 24h +0.001%

Price spread now: gTrade (Gains Network) against Lighter+0.132%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on gTrade (Gains Network)

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

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and gTrade (Gains Network) is 0.132% dearer against Lighter than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TRUMP	2.1396	−0.0208	get 0.0026% / 1h	36m 20s	$935K	$1.0M	10x
Short	gTrade (Gains Network) TRUMP/USD	2.1424	L +0.0008% / S −0.0007%	get 0.0001% / 1h	36m 20s	$40K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.132%Rate

Funding earned: $45.06
Price spread: +0.132% → 0.000%: $13.18
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: $48.24
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: live order book, 4 min ago; gTrade (Gains Network): 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, 4 min ago	1.16 bp	8.3 bp −$8	39.4 bp −$394	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	−0.1797%	1h	2.1310	−0.402%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0301%	1h	2.1395	−0.005%	$80	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1396	−0.001%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0217%	1h	2.1407	+0.051%	$403K	$81K	10x	as long as short
Lighter TRUMPlong	−0.0208%	1h	2.1396	long leg	$935K	$1.0M	10x
Binance TRUMPUSDT	−0.0169%	4h	2.1403	+0.031%	$60.6M	$250.9M	75x	as long as short
Extended TRUMP-USD	−0.0168%	1h	2.1399	+0.015%	$76K	$492K	25x	as long as short
OKX TRUMP-USDT-SWAP	−0.0163%	4h	2.1400	+0.019%	$26.6M	$183.9M	50x	as long as short
Variational Omni TRUMP	−0.0138%	4h	2.1531	+0.630%	$665K	$423K	—	as long as short
Bybit TRUMPUSDT	−0.0120%	4h	2.1400	+0.019%	$30.4M	$52.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0114%	4h	2.1410	+0.065%	$7.6M	$53.2M	75x	as long as short
Paradex TRUMP-USD-PERP	−0.0082%	8h	2.1385	−0.052%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0081%	4h	2.1453	+0.265%	$105K	$252K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0055%	4h	2.1400	+0.019%	$5K	$270K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1420	+0.112%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USDshort	L +0.0008% / S −0.0007%	1h	2.1424	+0.132%	$40K	—	150x
KuCoin TRUMPUSDTM	+0.0032%	4h	2.1400	+0.019%	$4.1M	$10.9M	50x	as long as short
Aevo TRUMP-PERP	+0.0040%	1h	2.1400	+0.019%	$19K	—	3x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1410	+0.065%	$170K	$464K	50x	as long as short
BloFin TRUMP-USDT	+0.0073%	4h	2.1390	−0.028%	$4.1M	$700K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1417	+0.098%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1420	+0.112%	$402K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1414	+0.086%	$184K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1400	+0.019%	$398K	$147K	125x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1390	−0.028%	$15.2M	$27.1M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1469	+0.340%	$172K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1420	+0.112%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1410	+0.065%	$481K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1420	+0.110%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0291%	1h	2.1446	+0.234%	$383K	$418K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0600%	1h	2.1422	+0.123%	$1.3M	$2.3M	50x	as long as short