Funding you earn now, next payment 07:00 UTC−0.0114%/8h= −12.5% APRpaid last 24h +0.016%
Price spread now: edgeX against dYdX−0.086%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 −$3 a day on $10k at the current rate, and edgeX is 0.086% cheaper against dYdX than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX TRUMP-USD | 2.1415 | 0 | get 0.0000% / 1h | 40m 20s | $27K | $501 | 5x |
| Short | edgeX TRUMPUSDC | 2.1397 | −0.0114 | pay 0.0057% / 4h | 1h 40m | $104K | $265K | 20x |
dYdX TRUMP-USD
edgeX TRUMPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against dYdX. 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
- −$23.97
- Price spread: −0.086% → 0.000%
- −$8.58
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$51.55
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; edgeX: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 2 min ago | 7.01 bp | 14.1 bp −$14 | 40.4 bp −$404 | doesn't fit | doesn't fit |
dYdX: 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 | −0.630% | $12K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1372 | −0.202% | $5 | — | 10x | as long as short |
| Extended TRUMP-USD | −0.0224% | 1h | 2.1380 | −0.162% | $74K | $741K | 25x | as long as short |
| Binance TRUMPUSDT | −0.0221% | 4h | 2.1377 | −0.178% | $60.3M | $252.1M | 75x | as long as short |
| Variational Omni TRUMP | −0.0152% | 4h | 2.1401 | −0.064% | $661K | $424K | — | as long as short |
| edgeX TRUMPUSDCshort | −0.0114% | 4h | 2.1397 | −0.086% | $104K | $265K | 20x | |
| Kraken Futures PF_TRUMPUSD | −0.0099% | 1h | 2.1438 | +0.106% | $1.3M | $2.3M | 50x | as long as short |
| Gate TRUMP_USDT | −0.0098% | 4h | 2.1380 | −0.163% | $7.7M | $53.6M | 75x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0095% | 4h | 2.1370 | −0.210% | $26.4M | $184.4M | 50x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0075% | 8h | 2.1395 | −0.094% | $5K | $175 | 5x | as long as short |
Injective TRUMP/USDC PERP
Reya TRUMPRUSDPERP
Extended TRUMP-USD
Binance TRUMPUSDT
Variational Omni TRUMP
Kraken Futures PF_TRUMPUSD
Gate TRUMP_USDT
OKX TRUMP-USDT-SWAP
Paradex TRUMP-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit TRUMPUSDT | −0.0064% | 4h | 2.1370 | −0.210% | $30.4M | $52.5M | 50x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0060% | 4h | 2.1370 | −0.210% | $5K | $239K | 10x | as long as short |
| SoDEX TRUMP-USD | −0.0042% | 1h | 2.1405 | −0.047% | $80 | $6K | 5x | as long as short |
| dYdX TRUMP-USDlong | 0.0000% | 1h | 2.1415 | long leg | $27K | $501 | 5x | |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.1414 | −0.005% | $403K | $81K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1396 | −0.090% | $40K | — | 150x | as long as short |
| BloFin TRUMP-USDT | +0.0018% | 4h | 2.1420 | +0.023% | $4.1M | $686K | 75x | as long as short |
| Aevo TRUMP-PERP | +0.0024% | 1h | 2.1365 | −0.233% | $19K | — | 3x | as long as short |
| Lighter TRUMP | +0.0080% | 1h | 2.1401 | −0.065% | $945K | $1.0M | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1394 | −0.098% | $13.5M | $8.1M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1400 | −0.070% | $402K | $778K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1404 | −0.051% | $184K | $54K | 10x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1380 | −0.163% | $398K | $149K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1410 | −0.023% | $4.1M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1390 | −0.117% | $15.2M | $27.2M | 75x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1396 | −0.088% | $177K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1440 | +0.117% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1420 | +0.023% | $482K | $2.5M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0137% / S −0.0099% | 1h | 2.1390 | −0.118% | $9K | — | 100x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0192% | 1h | 2.1440 | +0.117% | $205K | $421K | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0335% | 1h | 2.1436 | +0.098% | $379K | $414K | 10x | as long as short |
Bybit TRUMPUSDT
Orderly PERP_TRUMP_USDC
SoDEX TRUMP-USD
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
BloFin TRUMP-USDT
Aevo TRUMP-PERP
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]
Coinbase International TRUMP-PERP-INTX
Backpack TRUMP_USDC_PERP