Funding you earn now, next payment 05:00 UTC−0.0474%/8h= −51.9% APRnext payment −$0.59 per $10,000 · paid last 24h −0.010%
Price spread now: SoDEX against Pacifica−0.097%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
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and SoDEX is 0.097% cheaper against Pacifica than usual: you would sell low and buy high (−$10 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 | Pacifica TRUMP | 2.1636 | 0.0100 | pay 0.0013% / 1h | 5m 54s | $186K | $52K | 10x |
| Short | SoDEX TRUMP-USD | 2.1615 | −0.0374 | pay 0.0047% / 1h | 5m 54s | $84 | $6K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$99.5
- Price spread: −0.097% → 0.000%
- −$9.71
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$125.2
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 47 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 Pacifica live order book, 47 min ago | 5.04 bp | 11.4 bp −$11 | 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 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 | −0.1765% | 1h | 2.1520 | −0.536% | $13K | $157K | 12x | as long as short |
| SoDEX TRUMP-USDshort | −0.0374% | 1h | 2.1615 | −0.097% | $84 | $6K | 5x | |
| Paradex TRUMP-USD-PERP | −0.0249% | 8h | 2.1608 | −0.128% | $5K | $175 | 5x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1611 | −0.115% | $5 | — | 10x | as long as short |
| Bybit TRUMPUSDT | −0.0171% | 4h | 2.1620 | −0.074% | $30.8M | $50.6M | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0166% | 1h | 2.1630 | −0.028% | $407K | $72K | 10x | as long as short |
| Binance TRUMPUSDT | −0.0155% | 4h | 2.1618 | −0.081% | $61.1M | $246.3M | 75x | as long as short |
| Extended TRUMP-USD | −0.0152% | 1h | 2.1614 | −0.099% | $77K | $718K | 25x | as long as short |
| Gate TRUMP_USDT | −0.0126% | 4h | 2.1630 | −0.028% | $7.9M | $52.4M | 75x | as long as short |
| edgeX TRUMPUSDC | −0.0069% | 4h | 2.1588 | −0.220% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni TRUMP | −0.0058% | 4h | 2.1621 | −0.068% | $668K | $437K | — | as long as short |
| Lighter TRUMP | −0.0048% | 1h | 2.1613 | −0.106% | $955K | $977K | 10x | as long as short |
| dYdX TRUMP-USD | −0.0006% | 1h | 2.1626 | −0.046% | $27K | $512 | 5x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0002% | 4h | 2.1610 | −0.120% | $5K | $199K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1635 | −0.005% | $41K | — | 150x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0010% | 4h | 2.1561 | −0.349% | $181K | $4.6M | 10x | as long as short |
| Aevo TRUMP-PERP | +0.0040% | 1h | 2.1598 | −0.174% | $19K | — | 3x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0066% | 4h | 2.1620 | −0.074% | $27.7M | $179.4M | 50x | as long as short |
| BloFin TRUMP-USDT | +0.0088% | 4h | 2.1600 | −0.166% | $4.2M | $650K | 75x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1639 | +0.014% | $13.7M | $8.0M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1630 | −0.030% | $407K | $827K | 20x | as long as short |
| Pacifica TRUMPlong | +0.0100% | 1h | 2.1636 | long leg | $186K | $52K | 10x | |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1610 | −0.120% | $405K | $151K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1620 | −0.074% | $4.3M | $11.2M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1640 | +0.018% | $15.6M | $26.1M | 75x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1630 | −0.028% | $2K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1660 | +0.111% | $493K | $2.3M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0171% / S −0.0141% | 1h | 2.1630 | −0.030% | $10K | — | 100x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0173% | 1h | 2.1648 | +0.057% | $1.3M | $2.3M | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0197% | 1h | 2.1655 | +0.088% | $384K | $402K | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0400% | 1h | 2.1640 | +0.018% | $283K | $277K | 50x | as long as short |
Pacifica TRUMP
SoDEX TRUMP-USD
Injective TRUMP/USDC PERP
Paradex TRUMP-USD-PERP
Bybit TRUMPUSDT
Deribit TRUMP_USDC-PERPETUAL
Binance TRUMPUSDT
Extended TRUMP-USD
Gate TRUMP_USDT
edgeX TRUMPUSDC
Variational Omni TRUMP
Lighter TRUMP
gTrade (Gains Network) TRUMP/USD
GRVT TRUMP_USDT_Perp
OKX TRUMP-USDT-SWAP
BloFin TRUMP-USDT
Hyperliquid TRUMP
Aster TRUMPUSDT
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