Funding you earn now, next payment 07:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h +0.035%
Price spread now: OKX against dYdX−0.213%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.213% cheaper against dYdX than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | 2.1446 | −0.0001 | get 0.0000% / 1h | 0m 49s | $27K | $501 | 5x |
| Short | OKX TRUMP-USDT-SWAP | 2.1400 | −0.0117 | pay 0.0058% / 4h | 1h 00m | $26.5M | $184.1M | 50x |
dYdX TRUMP-USD
OKX TRUMP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against dYdX. 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
- −$24.33
- Price spread: −0.213% → 0.000%
- −$21.31
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$65.64
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago | 2.33 bp | 7.3 bp −$7 | 10.7 bp −$107 | 41.9 bp −$4,190 | 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 | −0.493% | $12K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1402 | −0.206% | $5 | — | 10x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0170% | 1h | 2.1420 | −0.120% | $403K | $81K | 10x | as long as short |
| Binance TRUMPUSDT | −0.0163% | 4h | 2.1410 | −0.167% | $60.5M | $251.3M | 75x | as long as short |
| Extended TRUMP-USD | −0.0160% | 1h | 2.1399 | −0.218% | $74K | $521K | 25x | as long as short |
| Variational Omni TRUMP | −0.0118% | 4h | 2.1401 | −0.207% | $661K | $423K | — | as long as short |
| OKX TRUMP-USDT-SWAPshort | −0.0117% | 4h | 2.1400 | −0.213% | $26.5M | $184.1M | 50x | |
| SoDEX TRUMP-USD | −0.0116% | 1h | 2.1415 | −0.143% | $82 | $6K | 5x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.0099% | 1h | 2.1440 | −0.027% | $1.3M | $2.3M | 50x | as long as short |
| edgeX TRUMPUSDC | −0.0080% | 4h | 2.1454 | +0.038% | $105K | $255K | 20x | as long as short |
Injective TRUMP/USDC PERP
Reya TRUMPRUSDPERP
Deribit TRUMP_USDC-PERPETUAL
Binance TRUMPUSDT
Extended TRUMP-USD
Variational Omni TRUMP
SoDEX TRUMP-USD
Kraken Futures PF_TRUMPUSD
edgeX TRUMPUSDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRUMP_USDT | −0.0074% | 4h | 2.1400 | −0.213% | $7.7M | $53.8M | 75x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0053% | 4h | 2.1420 | −0.120% | $5K | $260K | 10x | as long as short |
| Bybit TRUMPUSDT | −0.0038% | 4h | 2.1400 | −0.213% | $30.5M | $52.5M | 50x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0032% | 8h | 2.1428 | −0.081% | $5K | $175 | 5x | as long as short |
| dYdX TRUMP-USDlong | −0.0001% | 1h | 2.1446 | long leg | $27K | $501 | 5x | |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1424 | −0.100% | $40K | — | 150x | as long as short |
| Aevo TRUMP-PERP | +0.0040% | 1h | 2.1401 | −0.209% | $19K | — | 3x | as long as short |
| Lighter TRUMP | +0.0064% | 1h | 2.1405 | −0.190% | $936K | $1.0M | 10x | as long as short |
| BloFin TRUMP-USDT | +0.0077% | 4h | 2.1430 | −0.073% | $4.1M | $701K | 75x | as long as short |
| KuCoin TRUMPUSDTM | +0.0080% | 4h | 2.1410 | −0.167% | $4.1M | $11.0M | 50x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1429 | −0.078% | $13.5M | $8.2M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1421 | −0.116% | $402K | $778K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1449 | +0.015% | $184K | $54K | 10x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1400 | −0.213% | $398K | $151K | 125x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1410 | −0.167% | $15.2M | $27.0M | 75x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1450 | +0.020% | $173K | $4.5M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1440 | −0.027% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1430 | −0.073% | $481K | $2.5M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0137% / S −0.0099% | 1h | 2.1420 | −0.119% | $9K | — | 100x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0192% | 1h | 2.1410 | −0.167% | $175K | $442K | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0418% | 1h | 2.1440 | −0.027% | $379K | $415K | 10x | as long as short |
Gate TRUMP_USDT
Orderly PERP_TRUMP_USDC
Bybit TRUMPUSDT
Paradex TRUMP-USD-PERP
gTrade (Gains Network) TRUMP/USD
Aevo TRUMP-PERP
Lighter TRUMP
BloFin TRUMP-USDT
KuCoin TRUMPUSDTM
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
MEXC TRUMP_USDC
Bitget TRUMPUSDT
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Coinbase International TRUMP-PERP-INTX
Backpack TRUMP_USDC_PERP