Funding you earn now, next payment 07:00 UTC−0.0395%/8h= −43.2% APRnext payment −$0.49 per $10,000 · paid last 24h −0.108%
Price spread now: SoDEX against Coinbase International+0.731%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs both histories
The price spread pays, funding is against you. SoDEX is 0.731% dearer against Coinbase International than usual: you sell high and buy low (spread +0.731% now, against zero (this spread has no 7-day history yet)): +$73 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 6.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International TRUMP-PERP-INTX | 2.1330 | 0.0056 | pay 0.0007% / 1h | 13m 45s | $167K | $479K | 50x |
| Short | SoDEX TRUMP-USD | 2.1486 | −0.0339 | pay 0.0042% / 1h | 13m 45s | $76 | $6K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$82.85
- Price spread: +0.731% → 0.000%
- $73.14
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$27.71
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 24 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 Coinbase International live order book, 24 min ago | 7.01 bp | 12.0 bp −$12 | 24.4 bp −$244 | 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 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 | −0.1797% | 1h | 2.1350 | +0.094% | $12K | $157K | 12x | as long as short |
| SoDEX TRUMP-USDshort | −0.0339% | 1h | 2.1486 | +0.731% | $76 | $6K | 5x | |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1432 | +0.478% | $5 | — | 10x | as long as short |
| Variational Omni TRUMP | −0.0226% | 4h | 2.1452 | +0.570% | $662K | $423K | — | as long as short |
| Lighter TRUMP | −0.0208% | 1h | 2.1495 | +0.774% | $940K | $1.0M | 10x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0197% | 4h | 2.1500 | +0.797% | $26.7M | $184.6M | 50x | as long as short |
| Binance TRUMPUSDT | −0.0185% | 4h | 2.1505 | +0.819% | $60.8M | $250.9M | 75x | as long as short |
| Extended TRUMP-USD | −0.0184% | 1h | 2.1500 | +0.796% | $74K | $496K | 25x | as long as short |
| Bybit TRUMPUSDT | −0.0165% | 4h | 2.1500 | +0.797% | $30.6M | $52.5M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0122% | 1h | 2.1500 | +0.797% | $405K | $81K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRUMP_USDT | −0.0104% | 4h | 2.1500 | +0.797% | $7.7M | $53.4M | 75x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0102% | 8h | 2.1483 | +0.718% | $5K | $175 | 5x | as long as short |
| edgeX TRUMPUSDC | −0.0091% | 4h | 2.1446 | +0.542% | $105K | $253K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0069% | 4h | 2.1490 | +0.750% | $5K | $278K | 10x | as long as short |
| dYdX TRUMP-USD | −0.0005% | 1h | 2.1504 | +0.816% | $27K | $501 | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1506 | +0.825% | $41K | — | 150x | as long as short |
| KuCoin TRUMPUSDTM | +0.0024% | 4h | 2.1510 | +0.844% | $4.1M | $10.8M | 50x | as long as short |
| Aevo TRUMP-PERP | +0.0032% | 1h | 2.1480 | +0.703% | $19K | — | 3x | as long as short |
| BloFin TRUMP-USDT | +0.0055% | 4h | 2.1450 | +0.563% | $4.1M | $687K | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTXlong | +0.0056% | 1h | 2.1330 | long leg | $167K | $479K | 50x | |
| Bitget TRUMPUSDT | +0.0082% | 4h | 2.1510 | +0.844% | $15.3M | $27.1M | 75x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1520 | +0.891% | $13.6M | $8.1M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1517 | +0.878% | $404K | $778K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1485 | +0.727% | $185K | $54K | 10x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1510 | +0.844% | $399K | $149K | 125x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1450 | +0.563% | $173K | $4.4M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1500 | +0.797% | $1K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1500 | +0.797% | $483K | $2.4M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0136% / S −0.0098% | 1h | 2.1468 | +0.645% | $9K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0289% | 1h | 2.1534 | +0.956% | $384K | $419K | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0597% | 1h | 2.1513 | +0.858% | $1.3M | $2.3M | 50x | as long as short |
Coinbase International TRUMP-PERP-INTX
SoDEX TRUMP-USD
Injective TRUMP/USDC PERP
Variational Omni TRUMP
Lighter TRUMP
OKX TRUMP-USDT-SWAP
Binance TRUMPUSDT
Extended TRUMP-USD
Bybit TRUMPUSDT
Deribit TRUMP_USDC-PERPETUAL
Gate TRUMP_USDT
Paradex TRUMP-USD-PERP
edgeX TRUMPUSDC
gTrade (Gains Network) TRUMP/USD
KuCoin TRUMPUSDTM
BloFin TRUMP-USDT
Bitget TRUMPUSDT
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
MEXC TRUMP_USDC
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP
Kraken Futures PF_TRUMPUSD