Funding you earn now, next payment 07:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h +0.015%
Price spread now: SoDEX against dYdX−0.082%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and SoDEX is 0.082% cheaper against dYdX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX TRUMP-USD | 2.1443 | 0 | get 0.0000% / 1h | 27m 01s | $27K | $501 | 5x |
| Short | SoDEX TRUMP-USD | 2.1425 | −0.0013 | pay 0.0002% / 1h | 27m 01s | $82 | $6K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$2.78
- Price spread: −0.082% → 0.000%
- −$8.19
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$28.97
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; 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 dYdX no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
dYdX and 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 | −0.1927% | 1h | 2.1320 | −0.572% | $12K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1372 | −0.331% | $5 | — | 10x | as long as short |
| Binance TRUMPUSDT | −0.0195% | 4h | 2.1440 | −0.012% | $60.5M | $251.8M | 75x | as long as short |
| Extended TRUMP-USD | −0.0192% | 1h | 2.1440 | −0.013% | $74K | $589K | 25x | as long as short |
| Variational Omni TRUMP | −0.0145% | 4h | 2.1381 | −0.286% | $660K | $424K | — | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0101% | 4h | 2.1440 | −0.012% | $26.5M | $184.9M | 50x | as long as short |
| edgeX TRUMPUSDC | −0.0100% | 4h | 2.1400 | −0.197% | $104K | $264K | 20x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.0098% | 1h | 2.1456 | +0.061% | $1.3M | $2.3M | 50x | as long as short |
| Bybit TRUMPUSDT | −0.0081% | 4h | 2.1430 | −0.059% | $30.4M | $52.5M | 50x | as long as short |
| Gate TRUMP_USDT | −0.0076% | 4h | 2.1440 | −0.012% | $7.7M | $53.6M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TRUMP_USDC | −0.0059% | 4h | 2.1420 | −0.105% | $5K | $248K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0051% | 8h | 2.1415 | −0.130% | $5K | $175 | 5x | as long as short |
| SoDEX TRUMP-USDshort | −0.0013% | 1h | 2.1425 | −0.082% | $82 | $6K | 5x | |
| dYdX TRUMP-USDlong | 0.0000% | 1h | 2.1443 | long leg | $27K | $501 | 5x | |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.1439 | −0.017% | $404K | $81K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1409 | −0.158% | $40K | — | 150x | as long as short |
| Aevo TRUMP-PERP | +0.0032% | 1h | 2.1420 | −0.105% | $19K | — | 3x | as long as short |
| BloFin TRUMP-USDT | +0.0045% | 4h | 2.1410 | −0.152% | $4.1M | $683K | 75x | as long as short |
| Lighter TRUMP | +0.0088% | 1h | 2.1428 | −0.068% | $946K | $1.0M | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1442 | −0.003% | $13.5M | $8.1M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1442 | −0.003% | $402K | $778K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1435 | −0.035% | $184K | $54K | 10x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1440 | −0.012% | $399K | $149K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1450 | +0.035% | $4.1M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1450 | +0.035% | $15.3M | $27.2M | 75x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1390 | −0.245% | $175K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1460 | +0.081% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1460 | +0.081% | $482K | $2.5M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0137% / S −0.0099% | 1h | 2.1449 | +0.028% | $9K | — | 100x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0192% | 1h | 2.1430 | −0.059% | $203K | $424K | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0385% | 1h | 2.1468 | +0.119% | $380K | $417K | 10x | as long as short |
SoDEX TRUMP-USD
Injective TRUMP/USDC PERP
Binance TRUMPUSDT
Extended TRUMP-USD
Variational Omni TRUMP
OKX TRUMP-USDT-SWAP
edgeX TRUMPUSDC
Kraken Futures PF_TRUMPUSD
Bybit TRUMPUSDT
Gate TRUMP_USDT
Paradex TRUMP-USD-PERP
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
BloFin TRUMP-USDT
Lighter TRUMP
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
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