TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h −0.017%

Price spread now: dYdX against Lighter+0.106%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 dYdX

What this pair did over the last

the charts below follow

Funding, last 5 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 +$3 a day on $10k at the current rate, and dYdX is 0.106% dearer against Lighter than usual: you sell high and buy low: +$11 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	2.1704	−0.0096	get 0.0012% / 1h	46m 12s	$967K	$793K	10x
Short	dYdX TRUMP-USD	2.1727	0	get 0.0000% / 1h	46m 12s	$27K	$512	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.106%Rate

Funding earned: $20.16
Price spread: +0.106% → 0.000%: $10.6
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee dYdX: 5 bp × 2 orders: −$10
Net: $20.76
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: live order book, 14 min ago; dYdX: 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, 14 min ago	1.60 bp	8.6 bp −$9	28.2 bp −$282	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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	−0.1659%	1h	2.1620	−0.387%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1736	+0.150%	$5	—	10x	as long as short
Lighter TRUMPlong	−0.0096%	1h	2.1704	long leg	$967K	$793K	10x
Gate TRUMP_USDT	−0.0088%	4h	2.1740	+0.166%	$7.6M	$49.4M	75x	as long as short
dYdX TRUMP-USDshort	0.0000%	1h	2.1727	+0.106%	$27K	$512	5x
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1752	+0.221%	$409K	$72K	10x	as long as short
SoDEX TRUMP-USD	+0.0002%	1h	2.1720	+0.074%	$85	$6K	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1745	+0.190%	$42K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0049%	8h	2.1710	+0.028%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1709	+0.021%	$105K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0080%	4h	2.1740	+0.166%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1760	+0.258%	$14.4M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1746	+0.195%	$430K	$826K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1734	+0.138%	$187K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1716	+0.054%	$62.9M	$236.0M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1710	+0.028%	$31.1M	$48.1M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1720	+0.074%	$27.8M	$169.1M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1720	+0.074%	$426K	$142K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1740	+0.166%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1730	+0.120%	$15.5M	$24.9M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1740	+0.166%	$255K	$317K	10x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1831	+0.584%	$688K	$447K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1850	+0.673%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1790	+0.396%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1750	+0.212%	$532K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1730	+0.120%	$115K	$705K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1735	+0.142%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1758	+0.251%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0289%	1h	2.1745	+0.191%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1730	+0.120%	—	$655K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1710	+0.028%	$281K	$300K	50x	as long as short