Funding you earn now, next payment 05:00 UTC−0.0373%/8h= −40.8% APRnext payment −$0.47 per $10,000 · paid last 24h −0.010%
Price spread now: SoDEX against Pacifica−0.112%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
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and SoDEX is 0.112% cheaper against Pacifica than usual: you would sell low and buy high (−$11 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 | Pacifica TRUMP | 2.1719 | 0.0100 | pay 0.0013% / 1h | 27m 10s | $187K | $52K | 10x |
| Short | SoDEX TRUMP-USD | 2.1695 | −0.0273 | pay 0.0034% / 1h | 27m 10s | $88 | $6K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$78.33
- Price spread: −0.112% → 0.000%
- −$11.21
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$105.54
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 26 min ago; 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 Pacifica live order book, 26 min ago | 5.04 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
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 | −0.1765% | 1h | 2.1660 | −0.273% | $13K | $157K | 12x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0306% | 8h | 2.1702 | −0.082% | $5K | $175 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0303% | 1h | 2.1697 | −0.103% | $408K | $72K | 10x | as long as short |
| SoDEX TRUMP-USDshort | −0.0273% | 1h | 2.1695 | −0.112% | $88 | $6K | 5x | |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1711 | −0.038% | $5 | — | 10x | as long as short |
| Gate TRUMP_USDT | −0.0112% | 4h | 2.1710 | −0.043% | $7.8M | $51.5M | 75x | as long as short |
| Binance TRUMPUSDT | −0.0083% | 4h | 2.1700 | −0.089% | $61.5M | $245.4M | 75x | as long as short |
| Extended TRUMP-USD | −0.0080% | 1h | 2.1679 | −0.187% | $75K | $716K | 25x | as long as short |
| edgeX TRUMPUSDC | −0.0037% | 4h | 2.1799 | +0.368% | $106K | $263K | 20x | as long as short |
| Variational Omni TRUMP | −0.0013% | 4h | 2.1871 | +0.699% | $675K | $516K | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX TRUMP-USD | −0.0001% | 1h | 2.1746 | +0.121% | $27K | $512 | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1704 | −0.071% | $41K | — | 150x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.0024% | 4h | 2.1700 | −0.089% | $3K | $185K | 10x | as long as short |
| Aevo TRUMP-PERP | +0.0064% | 1h | 2.1675 | −0.203% | $19K | — | 3x | as long as short |
| Lighter TRUMP | +0.0088% | 1h | 2.1690 | −0.135% | $958K | $975K | 10x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0092% | 4h | 2.1790 | +0.325% | $179K | $4.6M | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1733 | +0.063% | $13.8M | $8.0M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1714 | −0.025% | $409K | $834K | 20x | as long as short |
| Pacifica TRUMPlong | +0.0100% | 1h | 2.1719 | long leg | $187K | $52K | 10x | |
| Bybit TRUMPUSDT | +0.0100% | 4h | 2.1700 | −0.089% | $30.7M | $50.1M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1690 | −0.135% | $27.7M | $179.0M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1700 | −0.089% | $407K | $150K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1710 | −0.043% | $4.2M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1700 | −0.089% | $15.7M | $25.9M | 75x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1720 | +0.003% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1730 | +0.049% | $495K | $2.3M | 50x | as long as short |
| BloFin TRUMP-USDT | +0.0157% | 4h | 2.1700 | −0.089% | $4.2M | $679K | 75x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0171% / S −0.0141% | 1h | 2.1707 | −0.058% | $10K | — | 100x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0172% | 1h | 2.1725 | +0.027% | $1.3M | $2.2M | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0279% | 1h | 2.1749 | +0.137% | $341K | $376K | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0400% | 1h | 2.1890 | +0.786% | $283K | $279K | 50x | as long as short |
Pacifica TRUMP
SoDEX TRUMP-USD
Injective TRUMP/USDC PERP
Paradex TRUMP-USD-PERP
Deribit TRUMP_USDC-PERPETUAL
Gate TRUMP_USDT
Binance TRUMPUSDT
Extended TRUMP-USD
edgeX TRUMPUSDC
Variational Omni TRUMP
gTrade (Gains Network) TRUMP/USD
Lighter TRUMP
GRVT TRUMP_USDT_Perp
Hyperliquid TRUMP
Aster TRUMPUSDT
Bybit TRUMPUSDT
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
SunX TRUMP-USDT
HTX TRUMP-USDT
BloFin TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Kraken Futures PF_TRUMPUSD
Backpack TRUMP_USDC_PERP
Coinbase International TRUMP-PERP-INTX