TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0225%/8h= +24.7% APRnext payment +$0.28 per $10,000 · paid last 24h +0.036%

Price spread now: Hyperliquid against dYdX+0.175%55s7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Hyperliquid is 0.175% dearer against dYdX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX TRUMP-USD	2.1877	0	get 0.0000% / 1h	0m 42s	$27K	$485	5x
Short	Hyperliquid TRUMP	2.1915	0.0225	get 0.0028% / 1h	0m 42s	$14.2M	$7.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.175%Rate

Funding earned: $47.29
Price spread: +0.175% → 0.000%: $17.5
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $45.79
Costs to cover: 0.190%
Break-even: 0.2 days

Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 2 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 Hyperliquid live order book, 2 min ago	0.91 bp	8.8 bp −$9	doesn't fit	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	−0.1537%	1h	2.1760	−0.534%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1872	−0.022%	$5	—	10x	as long as short
dYdX TRUMP-USDlong	0.0000%	1h	2.1877	long leg	$27K	$485	5x
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1901	+0.111%	$411K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1886	+0.043%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1872	−0.022%	$119K	$250K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0095%	4h	2.1890	+0.061%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1892	+0.070%	$981K	$741K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0098%	8h	2.1867	−0.043%	$5K	—	5x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1897	+0.092%	$455K	$836K	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	2.1880	+0.015%	$189K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1890	+0.061%	$63.0M	$226.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1890	+0.061%	$30.7M	$44.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1890	+0.061%	$27.2M	$153.4M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1890	+0.061%	$7.4M	$48.8M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1880	+0.015%	$474K	$135K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1890	+0.061%	$4.3M	$10.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1900	+0.106%	$15.5M	$21.9M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1862	−0.067%	$638K	$377K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1885	+0.037%	$187K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1910	+0.152%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1895	+0.084%	$74	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1920	+0.198%	$554K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1876	−0.005%	$75K	$467K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1880	+0.015%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1883	+0.027%	$10K	—	100x	as long as short
Hyperliquid TRUMPshort	+0.0225%	1h	2.1915	+0.175%	$14.2M	$7.6M	10x
BloFin TRUMP-USDT	+0.0340%	4h	2.1900	+0.106%	$4.2M	$633K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0424%	1h	2.2060	+0.838%	$285K	$388K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0472%	1h	2.1922	+0.207%	$256K	$283K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0872%	1h	2.1922	+0.207%	$1.3M	$2.5M	50x	as long as short