TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0580%/8h= −63.5% APRnext payment −$0.72 per $10,000 · paid last 24h −0.091%

Price spread now: SoDEX against Coinbase International−0.161%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on SoDEX

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 against this trade now: funding costs −$17 a day on $10k at the current rate, and SoDEX is 0.161% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 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	Coinbase International TRUMP-PERP-INTX	2.1710	0.0504	pay 0.0063% / 1h	49m 01s	$281K	$300K	50x
Short	SoDEX TRUMP-USD	2.1675	−0.0076	pay 0.0009% / 1h	49m 01s	$82	$6K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Coinbase International. 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 Coinbase InternationalbpFee SoDEXbpOrdersPrice spread, now −0.161%Rate

Funding earned: −$121.76
Price spread: −0.161% → 0.000%: −$16.12
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$155.89
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 14 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 Coinbase International live order book, 14 min ago	15.93 bp	20.9 bp −$21	25.3 bp −$253	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 30 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	−0.415%	$13K	$157K	12x	as long as short
Lighter TRUMP	−0.0280%	1h	2.1675	−0.161%	$965K	$792K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1696	−0.064%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0102%	4h	2.1690	−0.092%	$7.6M	$49.2M	75x	as long as short
SoDEX TRUMP-USDshort	−0.0076%	1h	2.1675	−0.161%	$82	$6K	5x
dYdX TRUMP-USD	0.0000%	1h	2.1736	+0.119%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1681	−0.134%	$408K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1704	−0.026%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1808	+0.450%	$106K	$263K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0052%	8h	2.1712	+0.011%	$5K	$175	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0081%	4h	2.1680	−0.138%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1717	+0.032%	$14.3M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1696	−0.064%	$429K	$826K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1725	+0.071%	$187K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1720	+0.046%	$63.0M	$235.7M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1720	+0.046%	$31.1M	$48.2M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1720	+0.046%	$27.8M	$168.8M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1670	−0.184%	$425K	$142K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1700	−0.046%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1710	0.000%	$15.5M	$24.8M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1713	+0.014%	$255K	$317K	10x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1831	+0.556%	$688K	$447K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1850	+0.645%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1710	0.000%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1730	+0.092%	$531K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1654	−0.257%	$115K	$705K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1665	−0.207%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1706	−0.017%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0289%	1h	2.1708	−0.008%	$1.3M	$2.2M	50x	as long as short
Coinbase International TRUMP-PERP-INTXlong	+0.0504%	1h	2.1710	long leg	$281K	$300K	50x