TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0102%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h +0.038%

Price spread now: Hyperliquid against dYdX+0.060%7-day average — · you sell dearer than you buy

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

Long on dYdX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 5 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 +$3 a day on $10k at the current rate, and Hyperliquid is 0.060% dearer against dYdX than usual: you sell high and buy low: +$6 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	dYdX TRUMP-USD	2.1536	−0.0002	get 0.0000% / 1h	14m 43s	$27K	$512	5x
Short	Hyperliquid TRUMP	2.1549	0.0100	get 0.0013% / 1h	14m 43s	$14.5M	$7.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against dYdX. 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 dYdXbpFee HyperliquidbpOrdersPrice spread, now +0.060%Rate

Funding earned: $21.47
Price spread: +0.060% → 0.000%: $5.98
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $8.45
Costs to cover: 0.190%
Break-even: 4.2 days

Slippage unknown: dYdX: no order-book sample; Hyperliquid: live order book, 8 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 Hyperliquid live order book, 8 min ago	1.62 bp	8.8 bp −$9	doesn't fit	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	−0.1690%	1h	2.1430	−0.493%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1552	+0.071%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0111%	1h	2.1520	−0.075%	$94	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0075%	1h	2.1540	+0.018%	$405K	$72K	10x	as long as short
Gate TRUMP_USDT	−0.0048%	4h	2.1530	−0.028%	$7.6M	$51.0M	75x	as long as short
Lighter TRUMP	−0.0032%	1h	2.1522	−0.066%	$953K	$957K	10x	as long as short
Variational Omni TRUMP	−0.0026%	4h	2.1531	−0.023%	$665K	$488K	—	as long as short
Binance TRUMPUSDT	−0.0013%	4h	2.1520	−0.075%	$60.5M	$241.7M	75x	as long as short
Extended TRUMP-USD	−0.0008%	1h	2.1519	−0.079%	$75K	$716K	25x	as long as short
edgeX TRUMPUSDC	−0.0005%	4h	2.1543	+0.030%	$105K	$265K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TRUMP-USDlong	−0.0002%	1h	2.1536	long leg	$27K	$512	5x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1564	+0.131%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0034%	8h	2.1518	−0.086%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0044%	4h	2.1530	−0.028%	$4K	$204K	10x	as long as short
Aevo TRUMP-PERP	+0.0080%	1h	2.1525	−0.052%	$19K	—	3x	as long as short
Bybit TRUMPUSDT	+0.0087%	4h	2.1530	−0.028%	$30.5M	$49.6M	50x	as long as short
Hyperliquid TRUMPshort	+0.0100%	1h	2.1549	+0.060%	$14.5M	$7.5M	10x
Aster TRUMPUSDT	+0.0100%	4h	2.1541	+0.021%	$422K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1539	+0.012%	$185K	$53K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1520	−0.075%	$27.2M	$173.3M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1530	−0.028%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1540	+0.018%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1530	−0.028%	$15.5M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1550	+0.064%	$295K	$318K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1561	+0.117%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1600	+0.297%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1540	+0.018%	$503K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1568	+0.149%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1556	+0.094%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0228%	4h	2.1520	−0.075%	$4.2M	$682K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1550	+0.064%	$279K	$277K	50x	as long as short