TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.027%

Price spread now: SoDEX against Deribit−0.139%7-day average — · you buy dearer than you sell

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

Long on Deribit 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—needs both histories

Funding pays, the price is against you. SoDEX is 0.139% cheaper against Deribit than usual: you would sell low and buy high (spread −0.139% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.6 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit TRUMP_USDC-PERPETUAL	2.2356	0	get 0.0000% / 1h	3m 33s	$419K	$78K	10x
Short	SoDEX TRUMP-USD	2.2325	0.0100	get 0.0013% / 1h	3m 33s	$81	$6K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Deribit. 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 DeribitbpFee SoDEXbpOrdersPrice spread, now −0.139%Rate

Funding earned: $21
Price spread: −0.139% → 0.000%: −$13.87
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$7.87
Costs to cover: 0.150%
Break-even: 9.6 days

Slippage unknown: Deribit: live order book, 5 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 Deribit live order book, 5 min ago	8.90 bp	26.9 bp −$27	doesn't fit	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	−0.1608%	1h	2.2260	−0.429%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2381	+0.113%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2200	−0.698%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUALlong	0.0000%	1h	2.2356	long leg	$419K	$78K	10x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2395	+0.177%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2432	+0.340%	$109K	$263K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0085%	8h	2.2185	−0.764%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0094%	4h	2.2370	+0.063%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2179	−0.792%	$983K	$783K	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2201	−0.695%	$463K	$837K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.2200	−0.699%	$193K	$55K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2190	−0.743%	$64.2M	$229.1M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2190	−0.743%	$31.4M	$46.2M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2200	−0.698%	$28.8M	$163.1M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.2170	−0.832%	$7.9M	$49.2M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2180	−0.787%	$478K	$134K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2190	−0.743%	$4.2M	$10.8M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2160	−0.877%	$16.1M	$22.9M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2321	−0.157%	$710K	$441K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2373	+0.076%	$184K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2390	+0.152%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USDshort	+0.0100%	1h	2.2325	−0.139%	$81	$6K	5x
HTX TRUMP-USDT	+0.0100%	4h	2.2360	+0.018%	$583K	$1.9M	50x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.2230	−0.564%	$14.4M	$6.6M	10x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2140	−0.966%	$79K	$600K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2351	−0.020%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2398	+0.190%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2350	−0.027%	$4.3M	$672K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0457%	1h	2.2272	−0.376%	$263K	$302K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.2430	+0.331%	$295K	$288K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0772%	1h	2.2331	−0.112%	$1.3M	$2.6M	50x	as long as short