Spread before costs (cost unknown: a leg has no order-book sample)−0.085%
7d average—if it closes, per $10,000$9funding while held, a day−$2.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex TRUMP-USD-PERP | 2.1557 | 0.0053 | pay 0.0053% / 8h | 25m 12s | $5K | — | 5x |
| Short | Lighter TRUMP | 2.1539 | −0.0016 | pay 0.0002% / 1h | 25m 12s | $964K | $622K | 10x |
Paradex TRUMP-USD-PERP
Lighter TRUMPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$8.52
- Funding while held
- −$2.07
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$14.59
- Spread needed to break even
- 0.040%
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 22 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0069%
- Per $10,000 a day
- −$2.07
- Average in range /8h
- —
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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 22 min ago | 1.60 bp | 4.5 bp −$4 | 13.3 bp −$133 | doesn't fit | doesn't fit |
Paradex: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective2.1370cheapestedgeX2.1425+0.255%Coinbase International2.1430+0.281%Variational Omni2.1463+0.436%Extended2.1531+0.753%GMX2.1531+0.754%gTrade (Gains Network)2.1536+0.779%dYdX2.1538+0.786%Aevo2.1538+0.787%
Injective
Coinbase International
Variational Omni
Extended
GMX
gTrade (Gains Network)
dYdX
AevoLighter2.1539+0.791%
Bitget2.1540+0.796%Orderly2.1540+0.796%SoDEX2.1540+0.796%Kraken Futures2.1541+0.800%Backpack2.1542+0.805%Deribit2.1546+0.824%Binance2.1550+0.842%Bybit2.1550+0.842%MEXC2.1550+0.842%HTX2.1550+0.842%BloFin2.1550+0.842%Reya2.1553+0.855%
Bitget
Orderly
SoDEX
Kraken Futures
Backpack
Deribit
Binance
Bybit
MEXC
HTX
BloFin
ReyaParadex2.1557+0.877%
Aster2.1558+0.881%Hyperliquid2.1560+0.889%OKX2.1560+0.889%Gate2.1560+0.889%SunX2.1560+0.889%Pacifica2.1567+0.920%KuCoin2.1570+0.936%
Aster
Hyperliquid
OKX
Gate
SunX
Pacifica
KuCoinTRUMP on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective TRUMP/USDC PERP | −0.869% | −0.1587% | 1h | $12K | $174K | 12x | as long as short |
| edgeX TRUMPUSDC | −0.616% | +0.0050% | 4h | $117K | $241K | 20x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.591% | +0.0336% | 1h | $285K | $388K | 50x | as long as short |
| Variational Omni TRUMP | −0.437% | +0.0100% | 4h | $597K | $166K | — | as long as short |
| Extended TRUMP-USD | −0.123% | +0.0104% | 1h | $54K | $464K | 25x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | −0.122% | L +0.0230% / S −0.0264% | 1h | $12K | — | 100x | as long as short |
| gTrade (Gains Network) TRUMP/USD | −0.097% | L +0.0008% / S −0.0007% | 1h | $41K | — | 150x | as long as short |
| dYdX TRUMP-USD | −0.090% | 0.0000% | 1h | $27K | $572 | 5x | as long as short |
| Aevo TRUMP-PERP | −0.089% | +0.0104% | 1h | $19K | — | 3x | as long as short |
| Lighter TRUMPshort | −0.085% | −0.0016% | 1h | $964K | $622K | 10x |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget TRUMPUSDT | −0.081% | +0.0100% | 4h | $14.9M | $18.8M | 75x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.081% | +0.0093% | 4h | $3K | $249K | 10x | as long as short |
| SoDEX TRUMP-USD | −0.081% | +0.0100% | 1h | $75 | $6K | 5x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.076% | −0.0466% | 1h | $1.0M | $2.0M | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | −0.071% | +0.0153% | 1h | $258K | $267K | 10x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.053% | 0.0000% | 1h | $393K | $73K | 10x | as long as short |
| Binance TRUMPUSDT | −0.034% | +0.0100% | 4h | $61.9M | $193.7M | 75x | as long as short |
| Bybit TRUMPUSDT | −0.034% | +0.0100% | 4h | $29.5M | $38.0M | 50x | as long as short |
| MEXC TRUMP_USDC | −0.034% | +0.0100% | 4h | $454K | $125K | 125x | as long as short |
| HTX TRUMP-USDT | −0.034% | +0.0100% | 4h | $469K | $1.6M | 50x | as long as short |
| BloFin TRUMP-USDT | −0.034% | +0.0340% | 4h | $4.3M | $462K | 75x | as long as short |
| Reya TRUMPRUSDPERP | −0.022% | −0.0245% | 1h | $5 | — | 10x | as long as short |
| Paradex TRUMP-USD-PERPlong | 0.000% | +0.0053% | 8h | $5K | — | 5x | |
| Aster TRUMPUSDT | +0.004% | +0.0100% | 4h | $433K | $880K | 20x | as long as short |
| Hyperliquid TRUMP | +0.012% | +0.0100% | 1h | $11.2M | $5.5M | 10x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.012% | +0.0100% | 4h | $26.0M | $138.9M | 50x | as long as short |
| Gate TRUMP_USDT | +0.012% | +0.0100% | 4h | $7.3M | $40.5M | 75x | as long as short |
| SunX TRUMP-USDT | +0.012% | +0.0100% | 4h | $2K | $1.4M | 50x | as long as short |
| Pacifica TRUMP | +0.043% | +0.0100% | 1h | $187K | $73K | 10x | as long as short |
| KuCoin TRUMPUSDTM | +0.059% | +0.0100% | 4h | $4.3M | $8.5M | 50x | as long as short |