TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.1807%/8h= −197.9% APRnext payment −$2.26 per $10,000 · paid last 24h −0.484%

Price spread now: Injective against dYdX−0.575%7-day average — · you buy dearer than you sell

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

Long on dYdX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 6 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 −$54 a day on $10k at the current rate, and Injective is 0.575% cheaper against dYdX than usual: you would sell low and buy high (−$58 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	dYdX TRUMP-USD	2.1202	−0.0021	get 0.0003% / 1h	26m 36s	$26K	$506	5x
Short	Injective TRUMP/USDC PERP	2.1080	−0.1827	pay 0.0228% / 1h	26m 36s	$12K	$157K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −0.575%Rate

Funding earned: −$379.44
Price spread: −0.575% → 0.000%: −$57.54
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$447
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: dYdX: no order-book sample; Injective: live order book, 7 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 Injective live order book, 7 min ago	42.51 bp	42.5 bp −$43	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 PERPshort	−0.1827%	1h	2.1080	−0.575%	$12K	$157K	12x
Lighter TRUMP	−0.0496%	1h	2.1188	−0.066%	$937K	$999K	10x	as long as short
SoDEX TRUMP-USD	−0.0438%	1h	2.1179	−0.108%	$83	$6K	5x	as long as short
Bybit TRUMPUSDT	−0.0371%	4h	2.1190	−0.057%	$29.8M	$51.7M	50x	as long as short
Binance TRUMPUSDT	−0.0272%	4h	2.1199	−0.015%	$59.7M	$250.3M	75x	as long as short
Extended TRUMP-USD	−0.0272%	1h	2.1184	−0.085%	$76K	$746K	25x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0269%	1h	2.1170	−0.151%	$399K	$72K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1202	−0.001%	$5	—	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0228%	8h	2.1195	−0.031%	$5K	$175	5x	as long as short
Gate TRUMP_USDT	−0.0188%	4h	2.1200	−0.009%	$7.6M	$53.3M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRUMP	−0.0182%	4h	2.1212	+0.046%	$655K	$426K	—	as long as short
edgeX TRUMPUSDC	−0.0132%	4h	2.1264	+0.293%	$104K	$263K	20x	as long as short
OKX TRUMP-USDT-SWAP	−0.0074%	4h	2.1180	−0.104%	$26.5M	$179.5M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0044%	4h	2.1170	−0.151%	$5K	$223K	10x	as long as short
GRVT TRUMP_USDT_Perp	−0.0040%	4h	2.1215	+0.062%	$175K	$4.7M	10x	as long as short
BloFin TRUMP-USDT	−0.0030%	4h	2.1160	−0.198%	$4.1M	$682K	75x	as long as short
dYdX TRUMP-USDlong	−0.0021%	1h	2.1202	long leg	$26K	$506	5x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1190	−0.057%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0016%	1h	2.1160	−0.198%	$18K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1208	+0.028%	$13.3M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1222	+0.096%	$399K	$801K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1197	−0.022%	$182K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1200	−0.009%	$395K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1190	−0.057%	$4.1M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1200	−0.009%	$15.1M	$26.7M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1210	+0.038%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1180	−0.104%	$475K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1195	−0.033%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0163%	1h	2.1215	+0.061%	$380K	$409K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0200%	1h	2.1205	+0.012%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1150	−0.245%	$242K	$332K	50x	as long as short