TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0850%/8h= +93.0% APRnext payment +$1.06 per $10,000 · paid last 24h +0.022%

Price spread now: Kraken Futures against SoDEX+0.112%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 Kraken Futures

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—needs both histories

Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Kraken Futures is 0.112% 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	2.1415	−0.0250	get 0.0031% / 1h	51m 16s	$82	$6K	5x
Short	Kraken Futures PF_TRUMPUSD	2.1439	0.0600	get 0.0075% / 1h	51m 16s	$1.3M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.112%Rate

Funding earned: $178.4
Price spread: +0.112% → 0.000%: $11.25
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $171.64
Costs to cover: 0.180%
Break-even: 0.3 days

Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago	2.33 bp	19.1 bp −$19	33.8 bp −$338	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	−0.1797%	1h	2.1340	−0.350%	$12K	$157K	12x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0263%	1h	2.1432	+0.079%	$404K	$81K	10x	as long as short
SoDEX TRUMP-USDlong	−0.0250%	1h	2.1415	long leg	$82	$6K	5x
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1441	+0.123%	$5	—	10x	as long as short
Binance TRUMPUSDT	−0.0162%	4h	2.1420	+0.023%	$60.6M	$251.0M	75x	as long as short
Extended TRUMP-USD	−0.0160%	1h	2.1409	−0.027%	$74K	$493K	25x	as long as short
Lighter TRUMP	−0.0144%	1h	2.1411	−0.019%	$936K	$1.0M	10x	as long as short
Variational Omni TRUMP	−0.0141%	4h	2.1341	−0.345%	$659K	$423K	—	as long as short
OKX TRUMP-USDT-SWAP	−0.0128%	4h	2.1410	−0.023%	$26.6M	$184.1M	50x	as long as short
Gate TRUMP_USDT	−0.0098%	4h	2.1440	+0.117%	$7.7M	$53.1M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TRUMPUSDC	−0.0082%	4h	2.1407	−0.035%	$104K	$255K	20x	as long as short
Bybit TRUMPUSDT	−0.0081%	4h	2.1420	+0.023%	$30.4M	$52.7M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0050%	4h	2.1410	−0.023%	$5K	$263K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0046%	8h	2.1445	+0.141%	$5K	$175	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1466	+0.237%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1454	+0.184%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0040%	1h	2.1410	−0.023%	$19K	—	3x	as long as short
KuCoin TRUMPUSDTM	+0.0056%	4h	2.1430	+0.070%	$4.2M	$10.9M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1360	−0.257%	$172K	$455K	50x	as long as short
BloFin TRUMP-USDT	+0.0078%	4h	2.1410	−0.023%	$4.1M	$700K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1466	+0.238%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1433	+0.086%	$402K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1463	+0.224%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1410	−0.023%	$398K	$146K	125x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1440	+0.117%	$15.3M	$27.0M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1432	+0.079%	$181K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1470	+0.257%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1430	+0.070%	$481K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0098%	1h	2.1421	+0.028%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0276%	1h	2.1448	+0.154%	$383K	$423K	10x	as long as short
Kraken Futures PF_TRUMPUSDshort	+0.0600%	1h	2.1439	+0.112%	$1.3M	$2.3M	50x