TRUMP

Alert

Funding spread now, next payment 19:00 UTC+0.0380%/8h

next payment, per $10,000+$0.47paid, last 24h+0.008%paid, last 7 days+0.094%to open and close $10k−$44

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.094% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.47 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	2.1363	−0.0280	get 0.0035% / 1h	50m 21s	$956K	$578K	10x
Short	Pacifica TRUMP	2.1379	0.0100	get 0.0013% / 1h	50m 21s	$184K	$70K	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee PacificabpOrdersRate

Funding earned: $79.8
Slippage, 4 orders: −$36.02
Fee Lighter: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $35.78
Break-even: 3.9 days

Slippage from Lighter: live order book, 47 min ago; Pacifica: live order book, 49 min ago.

Price risk

price view

Price gap now: +0.075%
Avg gap 7d: +0.019%

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, 47 min ago	1.63 bp	4.3 bp −$4	11.8 bp −$118	doesn't fit	doesn't fit
Sell Pacifica live order book, 49 min ago	5.13 bp	21.9 bp −$22	doesn't fit	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	−0.0358%	1h	$1.0M	$2.0M	50x	as long as short
Lighter TRUMPlong	−0.0280%	1h	$956K	$578K	10x
Reya TRUMPRUSDPERP	−0.0245%	1h	$5	—	10x	as long as short
dYdX TRUMP-USD	−0.0002%	1h	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	$401K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	$54K	—	150x	as long as short
Gate TRUMP_USDT	+0.0018%	4h	$7.4M	$43.9M	75x	as long as short
SoDEX TRUMP-USD	+0.0024%	1h	$81	$6K	5x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	$117K	$242K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	+0.0057%	8h	$5K	—	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0093%	4h	$3K	$249K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	$13.6M	$7.3M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	$420K	$850K	20x	as long as short
Pacifica TRUMPshort	+0.0100%	1h	$184K	$70K	10x
Binance TRUMPUSDT	+0.0100%	4h	$61.4M	$207.5M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	$29.7M	$40.4M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	$26.4M	$142.4M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	$472K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	$4.2M	$9.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	$15.1M	$19.6M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	$666K	$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	$494K	$1.6M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	$73K	$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	+0.0299%	1h	$253K	$264K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	$4.2M	$446K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0424%	1h	$274K	$392K	50x	as long as short