TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.1542%/8h= +168.9% APRnext payment +$1.93 per $10,000 · paid last 24h +0.499%

Price spread now: SoDEX against Injective−0.560%62s7-day average — · you buy dearer than you sell

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

Long on Injective Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. SoDEX is 0.560% cheaper against Injective than usual: you would sell low and buy high (spread −0.560% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$56 on $10k: about 29 hours of funding at the current rate (+$46 a day). The two prices were read 62 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	Injective TRUMP/USDC PERP	2.1600	−0.1841	get 0.0230% / 1h	54m 03s	$13K	$157K	12x
Short	SoDEX TRUMP-USD	2.1479	−0.0299	pay 0.0037% / 1h	54m 03s	$68	$6K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Injective. 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 InjectivebpFee SoDEXbpOrdersPrice spread, now −0.560%Rate

Funding earned: $323.88
Price spread: −0.560% → 0.000%: −$56.02
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $259.85
Costs to cover: 0.080%
Break-even: 1.4 days

Slippage unknown: Injective: live order book, 25 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 Injective live order book, 25 min ago	39.23 bp	55.4 bp −$55	doesn't fit	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 32 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 PERPlong	−0.1841%	1h	2.1600	long leg	$13K	$157K	12x
Variational Omni TRUMP	−0.0335%	4h	2.1661	+0.281%	$672K	$419K	—	as long as short
Lighter TRUMP	−0.0320%	1h	2.1500	−0.463%	$934K	$969K	10x	as long as short
Bybit TRUMPUSDT	−0.0311%	4h	2.1510	−0.417%	$31.1M	$50.6M	50x	as long as short
SoDEX TRUMP-USDshort	−0.0299%	1h	2.1479	−0.560%	$68	$6K	5x
OKX TRUMP-USDT-SWAP	−0.0256%	4h	2.1500	−0.463%	$27.1M	$180.2M	50x	as long as short
Binance TRUMPUSDT	−0.0250%	4h	2.1520	−0.370%	$63.0M	$245.0M	75x	as long as short
Extended TRUMP-USD	−0.0248%	1h	2.1479	−0.562%	$76K	$492K	25x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1481	−0.552%	$5	—	10x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0240%	1h	2.1430	−0.787%	$139K	$508K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0200%	4h	2.1500	−0.463%	$7.7M	$47.7M	75x	as long as short
Paradex TRUMP-USD-PERP	−0.0150%	8h	2.1449	−0.699%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0122%	4h	2.1662	+0.288%	$106K	$253K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0077%	4h	2.1500	−0.463%	$5K	$324K	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0075%	1h	2.1500	−0.463%	$386K	$73K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0062%	4h	2.1490	−0.509%	$4.2M	$10.5M	50x	as long as short
dYdX TRUMP-USD	−0.0018%	1h	2.1458	−0.659%	$26K	$2K	5x	as long as short
Bitget TRUMPUSDT	−0.0008%	4h	2.1520	−0.370%	$15.2M	$26.1M	75x	as long as short
BloFin TRUMP-USDT	−0.0006%	4h	2.1500	−0.463%	$4.3M	$681K	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1764	+0.759%	$41K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0016%	1h	2.1532	−0.314%	$1.3M	$2.2M	50x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1474	−0.584%	$19K	—	3x	as long as short
MEXC TRUMP_USDC	+0.0042%	4h	2.1500	−0.463%	$399K	$147K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0096%	4h	2.1689	+0.414%	$177K	$4.1M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1533	−0.310%	$13.6M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1509	−0.423%	$403K	$657K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1455	−0.670%	$185K	$54K	10x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1545	−0.255%	$387K	$412K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1520	−0.370%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1500	−0.463%	$497K	$2.5M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1520	−0.370%	$3K	$44K	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0170% / S −0.0143%	1h	2.1545	−0.252%	$10K	—	100x	as long as short