TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0193%/8h= +21.1% APRnext payment +$0.24 per $10,000 · paid last 24h +0.124%

Price spread now: Coinbase International against dYdX−0.038%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Coinbase International

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

Funding pays, the price is against you. Coinbase International is 0.038% cheaper against dYdX than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX TRUMP-USD	2.1468	−0.0001	get 0.0000% / 1h	3m 04s	$27K	$501	5x
Short	Coinbase International TRUMP-PERP-INTX	2.1460	0.0192	get 0.0024% / 1h	3m 04s	$186K	$443K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against dYdX. 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 dYdXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.038%Rate

Funding earned: $40.48
Price spread: −0.038% → 0.000%: −$3.79
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $16.69
Costs to cover: 0.200%
Break-even: 4.1 days

Slippage unknown: dYdX: no order-book sample; Coinbase International: live order book, 40 min ago. 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 dYdX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 40 min ago	4.68 bp	9.7 bp −$10	14.2 bp −$142	doesn't fit	doesn't fit

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	−0.1927%	1h	2.1340	−0.597%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1452	−0.077%	$5	—	10x	as long as short
Binance TRUMPUSDT	−0.0162%	4h	2.1449	−0.090%	$60.6M	$251.1M	75x	as long as short
Extended TRUMP-USD	−0.0160%	1h	2.1429	−0.183%	$74K	$521K	25x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0122%	1h	2.1474	+0.027%	$404K	$81K	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0114%	4h	2.1440	−0.131%	$26.6M	$184.4M	50x	as long as short
Variational Omni TRUMP	−0.0107%	4h	2.1501	+0.154%	$664K	$423K	—	as long as short
SoDEX TRUMP-USD	−0.0099%	1h	2.1465	−0.015%	$82	$6K	5x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0098%	1h	2.1496	+0.131%	$1.3M	$2.3M	50x	as long as short
edgeX TRUMPUSDC	−0.0079%	4h	2.1476	+0.034%	$105K	$255K	20x	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	−0.0062%	4h	2.1470	+0.009%	$7.7M	$53.8M	75x	as long as short
Orderly PERP_TRUMP_USDC	−0.0053%	4h	2.1460	−0.038%	$5K	$260K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0030%	8h	2.1458	−0.047%	$5K	$175	5x	as long as short
Bybit TRUMPUSDT	−0.0025%	4h	2.1450	−0.084%	$30.5M	$52.5M	50x	as long as short
dYdX TRUMP-USDlong	−0.0001%	1h	2.1468	long leg	$27K	$501	5x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1464	−0.019%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0040%	1h	2.1452	−0.074%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0078%	4h	2.1480	+0.055%	$4.1M	$703K	75x	as long as short
Lighter TRUMP	+0.0080%	1h	2.1466	−0.010%	$938K	$1.0M	10x	as long as short
KuCoin TRUMPUSDTM	+0.0086%	4h	2.1470	+0.009%	$4.2M	$11.0M	50x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1479	+0.051%	$13.6M	$8.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1470	+0.009%	$403K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1482	+0.065%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1460	−0.038%	$399K	$151K	125x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1460	−0.038%	$15.3M	$26.9M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1460	−0.038%	$173K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1480	+0.055%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1470	+0.009%	$482K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1468	+0.001%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTXshort	+0.0192%	1h	2.1460	−0.038%	$186K	$443K	50x
Backpack TRUMP_USDC_PERP	+0.0423%	1h	2.1489	+0.097%	$380K	$415K	10x	as long as short