Funding you earn now, next payment 06:00 UTC−0.0391%/8h= −42.8% APRnext payment −$0.49 per $10,000 · paid last 24h −0.019%
Price spread now: SoDEX against Hyperliquid−0.018%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid TRUMP | 2.1549 | 0.0100 | pay 0.0013% / 1h | 5m 17s | $13.5M | $8.0M | 10x |
| Short | SoDEX TRUMP-USD | 2.1545 | −0.0291 | pay 0.0036% / 1h | 5m 17s | $82 | $6K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Hyperliquid. 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
- −$82.18
- Price spread: −0.018% → 0.000%
- −$1.81
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$100.99
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 7 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 Hyperliquid live order book, 7 min ago | 1.16 bp | 8.0 bp −$8 | 14.1 bp −$141 | 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 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 | −0.1827% | 1h | 2.1440 | −0.505% | $12K | $157K | 12x | as long as short |
| Lighter TRUMP | −0.0344% | 1h | 2.1536 | −0.060% | $952K | $1.0M | 10x | as long as short |
| SoDEX TRUMP-USDshort | −0.0291% | 1h | 2.1545 | −0.018% | $82 | $6K | 5x | |
| Binance TRUMPUSDT | −0.0276% | 4h | 2.1540 | −0.041% | $60.7M | $251.7M | 75x | as long as short |
| Extended TRUMP-USD | −0.0272% | 1h | 2.1529 | −0.093% | $74K | $739K | 25x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1532 | −0.081% | $5 | — | 10x | as long as short |
| Bybit TRUMPUSDT | −0.0205% | 4h | 2.1540 | −0.041% | $30.6M | $52.3M | 50x | as long as short |
| Variational Omni TRUMP | −0.0180% | 4h | 2.1531 | −0.082% | $664K | $426K | — | as long as short |
| Paradex TRUMP-USD-PERP | −0.0165% | 8h | 2.1520 | −0.133% | $5K | $175 | 5x | as long as short |
| edgeX TRUMPUSDC | −0.0139% | 4h | 2.1567 | +0.082% | $105K | $264K | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRUMP_USDT | −0.0108% | 4h | 2.1550 | +0.005% | $7.7M | $53.9M | 75x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0082% | 4h | 2.1530 | −0.088% | $26.6M | $185.1M | 50x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0063% | 4h | 2.1530 | −0.088% | $4K | $234K | 10x | as long as short |
| BloFin TRUMP-USDT | −0.0036% | 4h | 2.1530 | −0.088% | $4.1M | $690K | 75x | as long as short |
| dYdX TRUMP-USD | −0.0016% | 1h | 2.1556 | +0.034% | $27K | $501 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.1543 | −0.027% | $406K | $81K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1549 | −0.001% | $41K | — | 150x | as long as short |
| Aevo TRUMP-PERP | +0.0016% | 1h | 2.1525 | −0.111% | $19K | — | 3x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0034% | 4h | 2.1517 | −0.147% | $182K | $4.6M | 10x | as long as short |
| Hyperliquid TRUMPlong | +0.0100% | 1h | 2.1549 | long leg | $13.5M | $8.0M | 10x | |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1550 | +0.005% | $405K | $774K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1536 | −0.058% | $185K | $52K | 10x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1530 | −0.088% | $401K | $150K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1540 | −0.041% | $4.2M | $11.2M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1540 | −0.041% | $15.4M | $27.0M | 75x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1550 | +0.005% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1550 | +0.005% | $486K | $2.4M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0137% / S −0.0099% | 1h | 2.1551 | +0.011% | $9K | — | 100x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0197% | 1h | 2.1569 | +0.093% | $1.3M | $2.3M | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0264% | 1h | 2.1573 | +0.112% | $384K | $413K | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0392% | 1h | 2.1550 | +0.005% | $215K | $408K | 50x | as long as short |
Hyperliquid TRUMP
SoDEX TRUMP-USD
Injective TRUMP/USDC PERP
Lighter TRUMP
Binance TRUMPUSDT
Extended TRUMP-USD
Bybit TRUMPUSDT
Variational Omni TRUMP
Paradex TRUMP-USD-PERP
edgeX TRUMPUSDC
Gate TRUMP_USDT
OKX TRUMP-USDT-SWAP
BloFin TRUMP-USDT
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
GRVT TRUMP_USDT_Perp
Aster TRUMPUSDT
Pacifica TRUMP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
SunX TRUMP-USDT
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Kraken Futures PF_TRUMPUSD
Backpack TRUMP_USDC_PERP
Coinbase International TRUMP-PERP-INTX