TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.014%

Price spread now: Lighter against SoDEX−0.005%7-day average — · you buy dearer than you sell

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

Long on SoDEX 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX TRUMP-USD	2.1945	0.0100	pay 0.0013% / 1h	44m 44s	$70	$6K	5x
Short	Lighter TRUMP	2.1944	0.0096	get 0.0012% / 1h	44m 44s	$976K	$671K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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 SoDEXbpFee LighterbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$0.84
Price spread: −0.005% → 0.000%: −$0.46
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$9.3
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 36 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 SoDEX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 36 min ago	1.14 bp	6.0 bp −$6	26.6 bp −$266	doesn't fit	doesn't fit

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	−0.1472%	1h	2.1810	−0.615%	$13K	$137K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1923	−0.099%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1948	+0.013%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1933	−0.055%	$411K	$79K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1916	−0.130%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1901	−0.200%	$119K	$248K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1930	−0.068%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0088%	8h	2.1945	+0.002%	$5K	—	5x	as long as short
Lighter TRUMPshort	+0.0096%	1h	2.1944	−0.005%	$976K	$671K	10x
Hyperliquid TRUMP	+0.0100%	1h	2.1975	+0.135%	$14.1M	$7.4M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDT	+0.0100%	4h	2.1968	+0.103%	$458K	$831K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1958	+0.061%	$189K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1960	+0.068%	$62.6M	$217.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1960	+0.068%	$30.8M	$42.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1960	+0.068%	$26.9M	$149.5M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1950	+0.023%	$7.3M	$46.8M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1940	−0.023%	$482K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1960	+0.068%	$4.6M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1960	+0.068%	$15.6M	$20.6M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1883	−0.283%	$682K	$261K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1884	−0.280%	$181K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1950	+0.023%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USDlong	+0.0100%	1h	2.1945	long leg	$70	$6K	5x
HTX TRUMP-USDT	+0.0100%	4h	2.1960	+0.068%	$518K	$1.7M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1951	+0.027%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1937	−0.034%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1916	−0.131%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0266%	1h	2.1954	+0.041%	$260K	$267K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1910	−0.159%	$4.2M	$519K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1860	−0.387%	$281K	$398K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0520%	1h	2.1975	+0.137%	$1.3M	$2.4M	50x	as long as short