TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0521%/8h= +57.1% APRnext payment +$0.65 per $10,000 · paid last 24h +0.016%

Price spread now: Kraken Futures against dYdX+0.120%7-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 Kraken Futures

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—needs both histories

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Kraken Futures is 0.120% dearer against dYdX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX TRUMP-USD	2.1908	0	get 0.0000% / 1h	47m 33s	$27K	$485	5x
Short	Kraken Futures PF_TRUMPUSD	2.1934	0.0521	get 0.0065% / 1h	47m 33s	$1.3M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.120%Rate

Funding earned: $109.47
Price spread: +0.120% → 0.000%: $11.98
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $101.45
Costs to cover: 0.200%
Break-even: 0.5 days

Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 1 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 Kraken Futures live order book, 1 min ago	4.56 bp	14.4 bp −$14	29.5 bp −$295	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	−0.1472%	1h	2.1740	−0.766%	$13K	$137K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1894	−0.065%	$5	—	10x	as long as short
dYdX TRUMP-USDlong	0.0000%	1h	2.1908	long leg	$27K	$485	5x
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1919	+0.051%	$411K	$79K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1920	+0.056%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1857	−0.231%	$119K	$248K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1910	+0.010%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0088%	8h	2.1919	+0.051%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1906	−0.008%	$975K	$670K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1915	+0.033%	$14.0M	$7.4M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDT	+0.0100%	4h	2.1920	+0.056%	$457K	$831K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1924	+0.076%	$189K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1911	+0.016%	$62.4M	$217.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1910	+0.010%	$30.6M	$42.7M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1910	+0.010%	$26.8M	$149.1M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1910	+0.010%	$7.3M	$46.8M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1910	+0.010%	$481K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1920	+0.056%	$4.7M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1910	+0.010%	$15.5M	$20.5M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1863	−0.204%	$683K	$261K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1860	−0.218%	$182K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1940	+0.147%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1910	+0.010%	$70	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1960	+0.238%	$518K	$1.7M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1907	−0.005%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1898	−0.046%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1922	+0.063%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0258%	1h	2.1938	+0.138%	$260K	$268K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1870	−0.173%	$4.2M	$519K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1860	−0.218%	$281K	$399K	50x	as long as short
Kraken Futures PF_TRUMPUSDshort	+0.0521%	1h	2.1934	+0.120%	$1.3M	$2.4M	50x