TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.038%

Price spread now: dYdX against Hyperliquid−0.182%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on dYdX

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.182% cheaper against Hyperliquid than usual: you would sell low and buy high (−$18 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	Hyperliquid TRUMP	2.1555	0.0100	pay 0.0013% / 1h	57m 11s	$13.7M	$8.1M	10x
Short	dYdX TRUMP-USD	2.1516	0	get 0.0000% / 1h	57m 11s	$27K	$501	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Hyperliquid. 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 HyperliquidbpFee dYdXbpOrdersPrice spread, now −0.182%Rate

Funding earned: −$21
Price spread: −0.182% → 0.000%: −$18.23
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$58.23
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 5 min ago; dYdX: 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 Hyperliquid live order book, 5 min ago	0.93 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

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	−0.1829%	1h	2.1380	−0.812%	$12K	$157K	12x	as long as short
Bybit TRUMPUSDT	−0.0587%	4h	2.1530	−0.116%	$30.7M	$52.2M	50x	as long as short
SoDEX TRUMP-USD	−0.0405%	1h	2.1519	−0.167%	$72	$6K	5x	as long as short
Variational Omni TRUMP	−0.0283%	4h	2.1472	−0.385%	$663K	$421K	—	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1502	−0.246%	$5	—	10x	as long as short
Lighter TRUMP	−0.0224%	1h	2.1529	−0.121%	$941K	$988K	10x	as long as short
Binance TRUMPUSDT	−0.0209%	4h	2.1530	−0.116%	$60.9M	$248.8M	75x	as long as short
Extended TRUMP-USD	−0.0208%	1h	2.1510	−0.211%	$74K	$492K	25x	as long as short
OKX TRUMP-USDT-SWAP	−0.0199%	4h	2.1540	−0.070%	$26.9M	$183.8M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1420	−0.626%	$167K	$480K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0128%	8h	2.1497	−0.267%	$5K	$175	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0121%	1h	2.1540	−0.070%	$406K	$65K	10x	as long as short
edgeX TRUMPUSDC	−0.0103%	4h	2.1484	−0.332%	$105K	$252K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0085%	4h	2.1530	−0.116%	$5K	$289K	10x	as long as short
Gate TRUMP_USDT	−0.0074%	4h	2.1540	−0.070%	$7.7M	$49.4M	75x	as long as short
dYdX TRUMP-USDshort	0.0000%	1h	2.1516	−0.182%	$27K	$501	5x
KuCoin TRUMPUSDTM	0.0000%	4h	2.1520	−0.162%	$4.1M	$10.8M	50x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1540	−0.070%	$41K	—	150x	as long as short
BloFin TRUMP-USDT	+0.0031%	4h	2.1510	−0.209%	$4.2M	$688K	75x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1515	−0.186%	$19K	—	3x	as long as short
Bitget TRUMPUSDT	+0.0058%	4h	2.1540	−0.070%	$15.4M	$26.7M	75x	as long as short
Hyperliquid TRUMPlong	+0.0100%	1h	2.1555	long leg	$13.7M	$8.1M	10x
Aster TRUMPUSDT	+0.0100%	4h	2.1549	−0.028%	$404K	$776K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1502	−0.246%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1520	−0.162%	$400K	$146K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1506	−0.230%	$181K	$4.3M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1550	−0.023%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1530	−0.116%	$496K	$2.5M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0121%	1h	2.1554	−0.004%	$1.3M	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1545	−0.045%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0307%	1h	2.1571	+0.074%	$385K	$418K	10x	as long as short