TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.007%

Price spread now: Hyperliquid against SoDEX+0.115%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Hyperliquid

What this pair did over the last

the charts below follow

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.115% dearer against SoDEX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX TRUMP-USD	2.1785	0.0037	pay 0.0005% / 1h	33m 07s	$84	$6K	5x
Short	Hyperliquid TRUMP	2.1810	0.0100	get 0.0013% / 1h	33m 07s	$14.4M	$7.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against SoDEX. 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 SoDEXbpFee HyperliquidbpOrdersPrice spread, now +0.115%Rate

Funding earned: $13.23
Price spread: +0.115% → 0.000%: $11.48
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $7.7
Costs to cover: 0.170%
Break-even: 2.9 days

Slippage unknown: SoDEX: no order-book sample; Hyperliquid: live order book, 10 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 Hyperliquid live order book, 10 min ago	0.92 bp	7.1 bp −$7	doesn't fit	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	−0.1659%	1h	2.1620	−0.757%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1781	−0.017%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0092%	4h	2.1790	+0.023%	$7.7M	$49.8M	75x	as long as short
Lighter TRUMP	−0.0056%	1h	2.1785	0.000%	$970K	$794K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1756	−0.135%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1784	−0.005%	$410K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1790	+0.023%	$42K	—	150x	as long as short
SoDEX TRUMP-USDlong	+0.0037%	1h	2.1785	long leg	$84	$6K	5x
Paradex TRUMP-USD-PERP	+0.0040%	8h	2.1776	−0.043%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1743	−0.193%	$106K	$263K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0077%	4h	2.1780	−0.023%	$4K	$239K	10x	as long as short
Bybit TRUMPUSDT	+0.0082%	4h	2.1780	−0.023%	$31.1M	$48.3M	50x	as long as short
Hyperliquid TRUMPshort	+0.0100%	1h	2.1810	+0.115%	$14.4M	$7.6M	10x
Aster TRUMPUSDT	+0.0100%	4h	2.1798	+0.059%	$431K	$827K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1775	−0.044%	$187K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1790	+0.023%	$63.1M	$237.0M	75x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1800	+0.069%	$27.5M	$170.7M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1790	+0.023%	$428K	$143K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1800	+0.069%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1800	+0.069%	$15.6M	$25.0M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1731	−0.249%	$681K	$453K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1786	+0.007%	$178K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1800	+0.069%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1800	+0.069%	$534K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1774	−0.051%	$115K	$702K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1763	−0.100%	$19K	—	3x	as long as short
Backpack TRUMP_USDC_PERP	+0.0113%	1h	2.1818	+0.151%	$255K	$318K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1789	+0.018%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0288%	1h	2.1812	+0.125%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1780	−0.023%	$4.3M	$659K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1650	−0.620%	$280K	$297K	50x	as long as short