Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.035%
Price spread now: dYdX against Pacifica+0.027%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. dYdX is 0.027% dearer against Pacifica than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica TRUMP | 2.1486 | 0.0100 | pay 0.0013% / 1h | 15m 54s | $185K | $54K | 10x |
| Short | dYdX TRUMP-USD | 2.1492 | 0 | get 0.0000% / 1h | 15m 54s | $27K | $501 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Pacifica. 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
- −$21
- Price spread: +0.027% → 0.000%
- $2.65
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$36.35
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 27 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 Pacifica live order book, 27 min ago | 6.55 bp | 16.0 bp −$16 | doesn't fit | 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 | −0.1927% | 1h | 2.1380 | −0.493% | $12K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1477 | −0.044% | $5 | — | 10x | as long as short |
| Binance TRUMPUSDT | −0.0170% | 4h | 2.1461 | −0.114% | $60.6M | $251.5M | 75x | as long as short |
| Extended TRUMP-USD | −0.0168% | 1h | 2.1449 | −0.173% | $74K | $521K | 25x | as long as short |
| Variational Omni TRUMP | −0.0140% | 4h | 2.1451 | −0.162% | $661K | $424K | — | as long as short |
| Kraken Futures PF_TRUMPUSD | −0.0098% | 1h | 2.1501 | +0.070% | $1.3M | $2.3M | 50x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0094% | 4h | 2.1440 | −0.214% | $26.6M | $184.9M | 50x | as long as short |
| edgeX TRUMPUSDC | −0.0089% | 4h | 2.1485 | −0.005% | $105K | $265K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0056% | 4h | 2.1480 | −0.028% | $5K | $250K | 10x | as long as short |
| Gate TRUMP_USDT | −0.0050% | 4h | 2.1470 | −0.074% | $7.7M | $53.8M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRUMP-USD-PERP | −0.0029% | 8h | 2.1472 | −0.066% | $5K | $175 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0029% | 1h | 2.1480 | −0.028% | $405K | $81K | 10x | as long as short |
| Bybit TRUMPUSDT | −0.0028% | 4h | 2.1450 | −0.168% | $30.5M | $52.5M | 50x | as long as short |
| SoDEX TRUMP-USD | −0.0019% | 1h | 2.1472 | −0.065% | $82 | $6K | 5x | as long as short |
| dYdX TRUMP-USDshort | 0.0000% | 1h | 2.1492 | +0.027% | $27K | $501 | 5x | |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1495 | +0.040% | $41K | — | 150x | as long as short |
| Aevo TRUMP-PERP | +0.0040% | 1h | 2.1463 | −0.107% | $19K | — | 3x | as long as short |
| BloFin TRUMP-USDT | +0.0070% | 4h | 2.1490 | +0.019% | $4.1M | $703K | 75x | as long as short |
| Lighter TRUMP | +0.0096% | 1h | 2.1469 | −0.079% | $939K | $1.0M | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1496 | +0.047% | $13.6M | $8.2M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1478 | −0.037% | $403K | $778K | 20x | as long as short |
| Pacifica TRUMPlong | +0.0100% | 1h | 2.1486 | long leg | $185K | $54K | 10x | |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1470 | −0.074% | $399K | $150K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1480 | −0.028% | $4.2M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1480 | −0.028% | $15.3M | $27.1M | 75x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1480 | −0.029% | $176K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1500 | +0.065% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1490 | +0.019% | $483K | $2.4M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0137% / S −0.0098% | 1h | 2.1484 | −0.011% | $9K | — | 100x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0192% | 1h | 2.1490 | +0.019% | $187K | $443K | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0423% | 1h | 2.1501 | +0.070% | $380K | $418K | 10x | as long as short |
Pacifica TRUMP
Injective TRUMP/USDC PERP
Binance TRUMPUSDT
Extended TRUMP-USD
Variational Omni TRUMP
Kraken Futures PF_TRUMPUSD
OKX TRUMP-USDT-SWAP
edgeX TRUMPUSDC
Gate TRUMP_USDT
Paradex TRUMP-USD-PERP
Deribit TRUMP_USDC-PERPETUAL
Bybit TRUMPUSDT
SoDEX TRUMP-USD
gTrade (Gains Network) TRUMP/USD
BloFin TRUMP-USDT
Lighter TRUMP
Hyperliquid TRUMP
Aster TRUMPUSDT
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Coinbase International TRUMP-PERP-INTX
Backpack TRUMP_USDC_PERP