TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0512%/8h= −56.0% APRnext payment −$0.64 per $10,000 · paid last 24h −0.018%

Price spread now: dYdX against Kraken Futures+0.086%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on dYdX

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—needs both histories

The price spread pays, funding is against you. dYdX is 0.086% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.086% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_TRUMPUSD	2.2069	0.0512	pay 0.0064% / 1h	37m 04s	$1.3M	$2.4M	50x
Short	dYdX TRUMP-USD	2.2087	0	get 0.0000% / 1h	37m 04s	$28K	$512	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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 Kraken FuturesbpFee dYdXbpOrdersPrice spread, now +0.086%Rate

Funding earned: −$107.43
Price spread: +0.086% → 0.000%: $8.57
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$118.86
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 2 min ago; dYdX: 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 Kraken Futures live order book, 2 min ago	4.54 bp	22.2 bp −$22	44.0 bp −$440	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

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	−0.1623%	1h	2.1900	−0.764%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2062	−0.031%	$5	—	10x	as long as short
dYdX TRUMP-USDshort	0.0000%	1h	2.2087	+0.086%	$28K	$512	5x
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2041	−0.125%	$415K	$80K	10x	as long as short
Gate TRUMP_USDT	+0.0008%	4h	2.2050	−0.084%	$7.8M	$48.8M	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2055	−0.063%	$43K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2067	−0.008%	$107K	$262K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0077%	8h	2.2084	+0.069%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0087%	4h	2.2050	−0.084%	$3K	$237K	10x	as long as short
SoDEX TRUMP-USD	+0.0095%	1h	2.2048	−0.093%	$80	$6K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRUMP	+0.0096%	1h	2.2044	−0.111%	$980K	$789K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.2085	+0.075%	$14.7M	$7.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2050	−0.084%	$436K	$861K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.2088	+0.090%	$190K	$57K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2041	−0.127%	$64.0M	$236.1M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2040	−0.129%	$31.6M	$48.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2040	−0.129%	$28.9M	$170.1M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2040	−0.129%	$439K	$145K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2050	−0.084%	$4.1M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2060	−0.039%	$15.8M	$24.2M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2072	+0.014%	$698K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2076	+0.035%	$182K	$4.7M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2060	−0.039%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2090	+0.097%	$565K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2039	−0.132%	$76K	$599K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1960	−0.493%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2061	−0.032%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0309%	1h	2.2078	+0.043%	$258K	$323K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2230	+0.732%	$4.4M	$697K	75x	as long as short
Kraken Futures PF_TRUMPUSDlong	+0.0512%	1h	2.2069	long leg	$1.3M	$2.4M	50x
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2100	+0.142%	$286K	$307K	50x	as long as short