TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h +0.013%

Price spread now: SoDEX against Lighter−0.130%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 SoDEX

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 against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.130% cheaper against Lighter than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TRUMP	2.1503	−0.0256	get 0.0032% / 1h	40m 25s	$951K	$933K	10x
Short	SoDEX TRUMP-USD	2.1475	−0.0305	pay 0.0038% / 1h	40m 25s	$91	$6K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.130%Rate

Funding earned: −$10.27
Price spread: −0.130% → 0.000%: −$13.02
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$31.29
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 15 min ago; SoDEX: 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, 15 min ago	1.39 bp	8.5 bp −$8	36.1 bp −$361	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	2.1380	−0.572%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USDshort	−0.0305%	1h	2.1475	−0.130%	$91	$6K	5x
Lighter TRUMPlong	−0.0256%	1h	2.1503	long leg	$951K	$933K	10x
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1491	−0.054%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0215%	1h	2.1475	−0.130%	$404K	$72K	10x	as long as short
Gate TRUMP_USDT	−0.0088%	4h	2.1510	+0.033%	$7.6M	$50.6M	75x	as long as short
Variational Omni TRUMP	−0.0012%	4h	2.1461	−0.195%	$657K	$482K	—	as long as short
dYdX TRUMP-USD	−0.0005%	1h	2.1532	+0.134%	$27K	$512	5x	as long as short
Bybit TRUMPUSDT	0.0000%	4h	2.1500	−0.014%	$30.5M	$49.3M	50x	as long as short
Paradex TRUMP-USD-PERP	+0.0007%	8h	2.1505	+0.009%	$5K	$175	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1485	−0.082%	$40K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0016%	4h	2.1508	+0.022%	$105K	$263K	20x	as long as short
Binance TRUMPUSDT	+0.0023%	4h	2.1508	+0.022%	$60.5M	$241.2M	75x	as long as short
Extended TRUMP-USD	+0.0024%	1h	2.1500	−0.016%	$74K	$745K	25x	as long as short
Orderly PERP_TRUMP_USDC	+0.0049%	4h	2.1460	−0.200%	$4K	$215K	10x	as long as short
Aevo TRUMP-PERP	+0.0088%	1h	2.1456	−0.218%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0091%	4h	2.1480	−0.107%	$4.1M	$677K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1514	+0.051%	$14.2M	$7.3M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1524	+0.099%	$423K	$826K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1530	+0.126%	$185K	$53K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1490	−0.060%	$27.2M	$172.2M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1490	−0.060%	$405K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1510	+0.033%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1510	+0.033%	$15.5M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1501	−0.009%	$252K	$319K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1469	−0.157%	$185K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1500	−0.014%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1490	−0.060%	$498K	$2.1M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1479	−0.111%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0221%	1h	2.1504	+0.004%	$1.3M	$2.2M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1480	−0.107%	$278K	$281K	50x	as long as short