TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0405%/8h= −44.4% APRnext payment −$0.51 per $10,000 · paid last 24h −0.125%

Price spread now: dYdX against Coinbase International−0.777%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and dYdX is 0.777% cheaper against Coinbase International than usual: you would sell low and buy high (−$78 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International TRUMP-PERP-INTX	2.1890	0.0400	pay 0.0050% / 1h	26m 19s	$283K	$279K	50x
Short	dYdX TRUMP-USD	2.1720	−0.0005	pay 0.0001% / 1h	26m 19s	$27K	$512	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Coinbase International. 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 Coinbase InternationalbpFee dYdXbpOrdersPrice spread, now −0.777%Rate

Funding earned: −$85.08
Price spread: −0.777% → 0.000%: −$77.66
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$182.74
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 27 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 Coinbase International live order book, 27 min ago	13.74 bp	23.2 bp −$23	31.7 bp −$317	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	−0.1765%	1h	2.1660	−1.051%	$13K	$157K	12x	as long as short
Paradex TRUMP-USD-PERP	−0.0308%	8h	2.1685	−0.939%	$5K	$175	5x	as long as short
SoDEX TRUMP-USD	−0.0273%	1h	2.1685	−0.937%	$88	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1691	−0.909%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0176%	4h	2.1710	−0.822%	$7.9M	$51.6M	75x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0165%	1h	2.1704	−0.850%	$408K	$72K	10x	as long as short
Binance TRUMPUSDT	−0.0089%	4h	2.1696	−0.888%	$61.4M	$245.9M	75x	as long as short
Extended TRUMP-USD	−0.0088%	1h	2.1679	−0.965%	$75K	$716K	25x	as long as short
edgeX TRUMPUSDC	−0.0037%	4h	2.1799	−0.414%	$106K	$263K	20x	as long as short
Variational Omni TRUMP	−0.0013%	4h	2.1871	−0.086%	$675K	$516K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TRUMP-USDshort	−0.0005%	1h	2.1720	−0.777%	$27K	$512	5x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1713	−0.811%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0023%	4h	2.1690	−0.914%	$3K	$188K	10x	as long as short
Aevo TRUMP-PERP	+0.0064%	1h	2.1680	−0.959%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0088%	1h	2.1689	−0.918%	$957K	$975K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0092%	4h	2.1790	−0.457%	$179K	$4.6M	10x	as long as short
Bybit TRUMPUSDT	+0.0094%	4h	2.1690	−0.914%	$30.7M	$50.1M	50x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1714	−0.802%	$13.7M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1726	−0.751%	$409K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1691	−0.909%	$187K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1690	−0.914%	$27.7M	$179.0M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1710	−0.822%	$407K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1700	−0.868%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1710	−0.822%	$15.8M	$25.9M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1720	−0.777%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1730	−0.731%	$495K	$2.3M	50x	as long as short
BloFin TRUMP-USDT	+0.0157%	4h	2.1700	−0.868%	$4.2M	$679K	75x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1707	−0.836%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0172%	1h	2.1715	−0.797%	$1.3M	$2.2M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0265%	1h	2.1722	−0.767%	$341K	$376K	10x	as long as short
Coinbase International TRUMP-PERP-INTXlong	+0.0400%	1h	2.1890	long leg	$283K	$279K	50x