TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.1659%/8h= +181.6% APRnext payment +$2.07 per $10,000 · paid last 24h +0.485%

Price spread now: dYdX against Injective−0.092%98s7-day average — · you buy dearer than you sell

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

Long on Injective Short on dYdX

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

Funding pays, the price is against you. dYdX is 0.092% cheaper against Injective than usual: you would sell low and buy high (spread −0.092% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 4 hours of funding at the current rate (+$50 a day). The two prices were read 98 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	Injective TRUMP/USDC PERP	2.1820	−0.1659	get 0.0207% / 1h	57m 26s	$13K	$157K	12x
Short	dYdX TRUMP-USD	2.1800	0	get 0.0000% / 1h	57m 26s	$27K	$512	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Injective. 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 InjectivebpFee dYdXbpOrdersPrice spread, now −0.092%Rate

Funding earned: $348.32
Price spread: −0.092% → 0.000%: −$9.17
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee dYdX: 5 bp × 2 orders: −$10
Net: $329.14
Costs to cover: 0.100%
Break-even: 0.4 days

Slippage unknown: Injective: live order book, 57 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 Injective live order book, 57 min ago	47.63 bp	47.6 bp −$48	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 30 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 PERPlong	−0.1659%	1h	2.1820	long leg	$13K	$157K	12x
Lighter TRUMP	−0.0448%	1h	2.1788	−0.147%	$971K	$791K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1772	−0.222%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0161%	1h	2.1818	−0.009%	$83	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0090%	4h	2.1780	−0.183%	$7.7M	$48.8M	75x	as long as short
dYdX TRUMP-USDshort	0.0000%	1h	2.1800	−0.092%	$27K	$512	5x
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1797	−0.105%	$410K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1805	−0.068%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1918	+0.451%	$106K	$264K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0062%	8h	2.1771	−0.222%	$5K	$175	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0085%	4h	2.1790	−0.137%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1796	−0.110%	$14.4M	$7.6M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1801	−0.089%	$431K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1791	−0.135%	$188K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1790	−0.139%	$63.3M	$234.8M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1780	−0.183%	$31.3M	$48.0M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1790	−0.137%	$28.3M	$168.1M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1770	−0.229%	$433K	$141K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1800	−0.092%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1790	−0.137%	$15.6M	$24.4M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1824	+0.018%	$257K	$315K	10x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1911	+0.418%	$690K	$447K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1896	+0.349%	$176K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1810	−0.046%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1860	+0.183%	$536K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1770	−0.229%	$76K	$626K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1775	−0.206%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1807	−0.060%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0287%	1h	2.1845	+0.113%	$1.3M	$2.2M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.2000	+0.825%	$285K	$303K	50x	as long as short