Funding you earn now, next payment 06:00 UTC+0.0206%/8h= +22.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.109%
Price spread now: Coinbase International against SoDEX−0.224%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
Funding pays, the price is against you. Coinbase International is 0.224% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.224% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 3.6 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX TRUMP-USD | 2.1448 | −0.0014 | get 0.0002% / 1h | 44m 57s | $82 | $6K | 5x |
| Short | Coinbase International TRUMP-PERP-INTX | 2.1400 | 0.0192 | get 0.0024% / 1h | 44m 57s | $205K | $420K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SoDEX. 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
- $43.26
- Price spread: −0.224% → 0.000%
- −$22.38
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $2.89
- Costs to cover
- 0.180%
- Break-even
- 6.5 days
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 63 min ago. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 63 min ago | 6.97 bp | 16.6 bp −$17 | 20.2 bp −$202 | doesn't fit | doesn't fit |
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 | 2.1280 | −0.783% | $12K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1432 | −0.076% | $5 | — | 10x | as long as short |
| Binance TRUMPUSDT | −0.0227% | 4h | 2.1414 | −0.158% | $60.4M | $252.0M | 75x | as long as short |
| Extended TRUMP-USD | −0.0224% | 1h | 2.1400 | −0.223% | $74K | $741K | 25x | as long as short |
| Variational Omni TRUMP | −0.0141% | 4h | 2.1381 | −0.311% | $660K | $424K | — | as long as short |
| edgeX TRUMPUSDC | −0.0116% | 4h | 2.1400 | −0.224% | $104K | $265K | 20x | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.0098% | 1h | 2.1482 | +0.157% | $1.3M | $2.3M | 50x | as long as short |
| Gate TRUMP_USDT | −0.0094% | 4h | 2.1420 | −0.131% | $7.7M | $53.5M | 75x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0092% | 4h | 2.1400 | −0.224% | $26.4M | $184.9M | 50x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0087% | 8h | 2.1365 | −0.389% | $5K | $175 | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TRUMPUSDT | −0.0069% | 4h | 2.1410 | −0.177% | $30.4M | $52.5M | 50x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0059% | 4h | 2.1440 | −0.037% | $5K | $239K | 10x | as long as short |
| SoDEX TRUMP-USDlong | −0.0014% | 1h | 2.1448 | long leg | $82 | $6K | 5x | |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.1396 | −0.242% | $27K | $501 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.1453 | +0.023% | $404K | $81K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1454 | +0.030% | $40K | — | 150x | as long as short |
| BloFin TRUMP-USDT | +0.0013% | 4h | 2.1430 | −0.084% | $4.1M | $686K | 75x | as long as short |
| Aevo TRUMP-PERP | +0.0024% | 1h | 2.1437 | −0.050% | $19K | — | 3x | as long as short |
| Lighter TRUMP | +0.0096% | 1h | 2.1443 | −0.023% | $947K | $1.0M | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1440 | −0.037% | $13.5M | $8.1M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1421 | −0.125% | $402K | $778K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1373 | −0.351% | $184K | $54K | 10x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1410 | −0.177% | $399K | $148K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1430 | −0.084% | $4.2M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1430 | −0.084% | $15.3M | $27.2M | 75x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1400 | −0.224% | $181K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1450 | +0.009% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1410 | −0.177% | $482K | $2.4M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0137% / S −0.0099% | 1h | 2.1460 | +0.058% | $9K | — | 100x | as long as short |
| Coinbase International TRUMP-PERP-INTXshort | +0.0192% | 1h | 2.1400 | −0.224% | $205K | $420K | 50x | |
| Backpack TRUMP_USDC_PERP | +0.0355% | 1h | 2.1474 | +0.121% | $380K | $415K | 10x | as long as short |
SoDEX TRUMP-USD
Coinbase International TRUMP-PERP-INTX
Injective TRUMP/USDC PERP
Binance TRUMPUSDT
Extended TRUMP-USD
Variational Omni TRUMP
edgeX TRUMPUSDC
Kraken Futures PF_TRUMPUSD
Gate TRUMP_USDT
OKX TRUMP-USDT-SWAP
Paradex TRUMP-USD-PERP
Bybit TRUMPUSDT
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]
Backpack TRUMP_USDC_PERP