TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0169%/8h= +18.5% APRnext payment +$0.21 per $10,000 · paid last 24h +0.013%

Price spread now: SoDEX against Lighter−0.290%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

Funding pays, the price is against you. SoDEX is 0.290% cheaper against Lighter than usual: you would sell low and buy high (spread −0.290% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 5.7 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter TRUMP	2.1718	−0.0280	get 0.0035% / 1h	49m 24s	$967K	$792K	10x
Short	SoDEX TRUMP-USD	2.1655	−0.0111	pay 0.0014% / 1h	49m 24s	$84	$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 −0.290%Rate

Funding earned: $35.51
Price spread: −0.290% → 0.000%: −$29.01
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$1.5
Costs to cover: 0.080%
Break-even: 7.3 days

Slippage unknown: Lighter: live order book, 11 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, 11 min ago	1.60 bp	8.6 bp −$9	28.2 bp −$282	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 30 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	2.1770	+0.239%	$13K	$157K	12x	as long as short
Lighter TRUMPlong	−0.0280%	1h	2.1718	long leg	$967K	$792K	10x
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1696	−0.101%	$5	—	10x	as long as short
SoDEX TRUMP-USDshort	−0.0111%	1h	2.1655	−0.290%	$84	$6K	5x
Gate TRUMP_USDT	−0.0102%	4h	2.1710	−0.037%	$7.6M	$49.2M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1736	+0.082%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1690	−0.129%	$408K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1704	−0.063%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1808	+0.413%	$106K	$263K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0052%	8h	2.1712	−0.026%	$5K	$175	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0081%	4h	2.1680	−0.175%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1722	+0.018%	$14.3M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1723	+0.022%	$429K	$826K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1725	+0.034%	$187K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1685	−0.151%	$62.9M	$235.6M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1680	−0.175%	$31.1M	$48.2M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1660	−0.267%	$27.8M	$168.3M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1700	−0.083%	$426K	$142K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1710	−0.037%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1710	−0.037%	$15.5M	$24.8M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1718	0.000%	$255K	$316K	10x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1831	+0.519%	$688K	$447K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1850	+0.608%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1720	+0.009%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1730	+0.055%	$530K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1694	−0.109%	$115K	$705K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1675	−0.198%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1707	−0.052%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0289%	1h	2.1680	−0.174%	$1.2M	$2.2M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1710	−0.037%	$281K	$300K	50x	as long as short