TRUMP

Alert

Funding spread now, next payment 18:00 UTC+0.0728%/8h

next payment, per $10,000+$0.91paid, last 24h+0.084%paid, last 7 days+0.112%to open and close $10k−$60

Long on Lighter Short on Coinbase International

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.112% in total (about 5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.91 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TRUMP	2.1505	−0.0304	get 0.0038% / 1h	18m 44s	$962K	$583K	10x
Short	Coinbase International TRUMP-PERP-INTX	2.1520	0.0424	get 0.0053% / 1h	18m 44s	$276K	$396K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersRate

Funding earned: $152.88
Slippage, 4 orders: −$49.68
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $93.2
Break-even: 2.7 days

Slippage from Lighter: live order book, 13 min ago; Coinbase International: live order book, 16 min ago.

Price risk

price view

Price gap now: +0.070%
Avg gap 7d: +0.062%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 13 min ago	1.40 bp	1.9 bp −$2	15.1 bp −$151	doesn't fit	doesn't fit
Sell Coinbase International live order book, 16 min ago	9.30 bp	23.4 bp −$23	25.3 bp −$253	doesn't fit	doesn't fit

TRUMP on 30 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERP	−0.1702%	1h	$12K	$81K	12x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0356%	1h	$1.0M	$2.0M	50x	as long as short
Lighter TRUMPlong	−0.0304%	1h	$962K	$583K	10x
Reya TRUMPRUSDPERP	−0.0245%	1h	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0117%	1h	$83	$6K	5x	as long as short
dYdX TRUMP-USD	−0.0027%	1h	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	$404K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	$41K	—	150x	as long as short
Gate TRUMP_USDT	+0.0038%	4h	$7.4M	$44.2M	75x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	$117K	$243K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	+0.0053%	8h	$5K	—	5x	as long as short
MEXC TRUMP_USDC	+0.0076%	4h	$475K	$134K	125x	as long as short
Orderly PERP_TRUMP_USDC	+0.0093%	4h	$3K	$249K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	$13.7M	$7.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	$422K	$840K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	$186K	$70K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	$61.6M	$207.5M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	$30.0M	$40.6M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	$26.6M	$143.0M	50x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	$4.4M	$9.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	$15.2M	$19.7M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	$668K	$230K	—	as long as short
SunX TRUMP-USDT	+0.0100%	4h	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	$497K	$1.6M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	$74K	$472K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0228% / S −0.0259%	1h	$11K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0247%	1h	$254K	$266K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	$4.2M	$468K	75x	as long as short
Coinbase International TRUMP-PERP-INTXshort	+0.0424%	1h	$276K	$396K	50x