Funding you earn now, next payment 06:00 UTC−0.0119%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h −0.035%
Price spread now: dYdX against Pacifica+0.040%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. dYdX is 0.040% dearer against Pacifica than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica TRUMP | 2.1447 | 0.0100 | pay 0.0013% / 1h | 13m 53s | $184K | $52K | 10x |
| Short | dYdX TRUMP-USD | 2.1456 | −0.0019 | pay 0.0002% / 1h | 13m 53s | $27K | $506 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Pacifica. 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
- −$25.04
- Price spread: +0.040% → 0.000%
- $3.97
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$39.07
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 34 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 Pacifica live order book, 34 min ago | 9.08 bp | 19.5 bp −$20 | 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 | −0.1827% | 1h | 2.1300 | −0.686% | $12K | $157K | 12x | as long as short |
| Lighter TRUMP | −0.0400% | 1h | 2.1467 | +0.092% | $948K | $1.0M | 10x | as long as short |
| SoDEX TRUMP-USD | −0.0351% | 1h | 2.1465 | +0.083% | $84 | $6K | 5x | as long as short |
| Bybit TRUMPUSDT | −0.0310% | 4h | 2.1480 | +0.153% | $30.4M | $51.9M | 50x | as long as short |
| Binance TRUMPUSDT | −0.0280% | 4h | 2.1477 | +0.139% | $60.6M | $250.9M | 75x | as long as short |
| Extended TRUMP-USD | −0.0280% | 1h | 2.1469 | +0.103% | $74K | $744K | 25x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1452 | +0.021% | $5 | — | 10x | as long as short |
| Variational Omni TRUMP | −0.0221% | 4h | 2.1411 | −0.167% | $661K | $426K | — | as long as short |
| Paradex TRUMP-USD-PERP | −0.0204% | 8h | 2.1454 | +0.030% | $5K | $175 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0169% | 1h | 2.1470 | +0.106% | $404K | $72K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRUMP_USDT | −0.0150% | 4h | 2.1480 | +0.153% | $7.7M | $53.7M | 75x | as long as short |
| edgeX TRUMPUSDC | −0.0139% | 4h | 2.1419 | −0.129% | $104K | $265K | 20x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0080% | 4h | 2.1460 | +0.060% | $27.0M | $182.6M | 50x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0057% | 4h | 2.1460 | +0.060% | $5K | $225K | 10x | as long as short |
| BloFin TRUMP-USDT | −0.0040% | 4h | 2.1430 | −0.080% | $4.1M | $690K | 75x | as long as short |
| dYdX TRUMP-USDshort | −0.0019% | 1h | 2.1456 | +0.040% | $27K | $506 | 5x | |
| GRVT TRUMP_USDT_Perp | −0.0010% | 4h | 2.1432 | −0.071% | $173K | $4.7M | 10x | as long as short |
| Aevo TRUMP-PERP | +0.0008% | 1h | 2.1444 | −0.014% | $19K | — | 3x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1476 | +0.135% | $40K | — | 150x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1490 | +0.200% | $13.5M | $8.0M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1483 | +0.166% | $404K | $772K | 20x | as long as short |
| Pacifica TRUMPlong | +0.0100% | 1h | 2.1447 | long leg | $184K | $52K | 10x | |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1470 | +0.106% | $400K | $150K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1480 | +0.153% | $4.1M | $11.2M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1480 | +0.153% | $15.4M | $26.8M | 75x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1480 | +0.153% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1500 | +0.246% | $481K | $2.4M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0137% / S −0.0099% | 1h | 2.1472 | +0.117% | $9K | — | 100x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0198% | 1h | 2.1491 | +0.206% | $1.3M | $2.3M | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0233% | 1h | 2.1501 | +0.251% | $382K | $411K | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0392% | 1h | 2.1480 | +0.153% | $237K | $357K | 50x | as long as short |
Pacifica TRUMP
Injective TRUMP/USDC PERP
Lighter TRUMP
SoDEX TRUMP-USD
Bybit TRUMPUSDT
Binance TRUMPUSDT
Extended TRUMP-USD
Variational Omni TRUMP
Paradex TRUMP-USD-PERP
Deribit TRUMP_USDC-PERPETUAL
Gate TRUMP_USDT
edgeX TRUMPUSDC
OKX TRUMP-USDT-SWAP
BloFin TRUMP-USDT
GRVT TRUMP_USDT_Perp
gTrade (Gains Network) TRUMP/USD
Hyperliquid TRUMP
Aster TRUMPUSDT
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
SunX TRUMP-USDT
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Kraken Futures PF_TRUMPUSD
Backpack TRUMP_USDC_PERP
Coinbase International TRUMP-PERP-INTX