Funding you earn now, next payment 08:00 UTC−0.0160%/8h= −17.5% APRnext payment −$0.20 per $10,000 · paid last 24h +0.082%
Price spread now: Coinbase International against Aevo−0.074%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Coinbase International is 0.074% cheaper against Aevo than usual: you would sell low and buy high (−$7 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 | Aevo TRUMP-PERP | 2.1526 | 0.0024 | pay 0.0003% / 1h | 45m 14s | $19K | — | 3x |
| Short | Coinbase International TRUMP-PERP-INTX | 2.1510 | −0.0136 | pay 0.0017% / 1h | 45m 14s | $168K | $473K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Aevo. 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
- −$33.6
- Price spread: −0.074% → 0.000%
- −$7.39
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$66.99
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 53 min ago. 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 53 min ago | 7.01 bp | 12.0 bp −$12 | 16.1 bp −$161 | doesn't fit | doesn't fit |
Aevo: 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 | −0.1829% | 1h | 2.1450 | −0.353% | $13K | $157K | 12x | as long as short |
| SoDEX TRUMP-USD | −0.0589% | 1h | 2.1545 | +0.089% | $72 | $6K | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0492% | 1h | 2.1551 | +0.117% | $406K | $65K | 10x | as long as short |
| Variational Omni TRUMP | −0.0275% | 4h | 2.1541 | +0.072% | $664K | $415K | — | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1542 | +0.073% | $5 | — | 10x | as long as short |
| Binance TRUMPUSDT | −0.0227% | 4h | 2.1540 | +0.065% | $61.0M | $247.4M | 75x | as long as short |
| Extended TRUMP-USD | −0.0224% | 1h | 2.1539 | +0.062% | $74K | $494K | 25x | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0223% | 4h | 2.1540 | +0.065% | $27.0M | $183.5M | 50x | as long as short |
| Lighter TRUMP | −0.0176% | 1h | 2.1546 | +0.093% | $942K | $988K | 10x | as long as short |
| Coinbase International TRUMP-PERP-INTXshort | −0.0136% | 1h | 2.1510 | −0.074% | $168K | $473K | 50x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex TRUMP-USD-PERP | −0.0134% | 8h | 2.1536 | +0.049% | $5K | $175 | 5x | as long as short |
| edgeX TRUMPUSDC | −0.0108% | 4h | 2.1541 | +0.071% | $105K | $253K | 20x | as long as short |
| Orderly PERP_TRUMP_USDC | −0.0092% | 4h | 2.1540 | +0.065% | $5K | $291K | 10x | as long as short |
| KuCoin TRUMPUSDTM | −0.0006% | 4h | 2.1550 | +0.112% | $4.1M | $10.7M | 50x | as long as short |
| dYdX TRUMP-USD | −0.0004% | 1h | 2.1578 | +0.242% | $27K | $501 | 5x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1566 | +0.186% | $41K | — | 150x | as long as short |
| BloFin TRUMP-USDT | +0.0013% | 4h | 2.1540 | +0.065% | $4.2M | $689K | 75x | as long as short |
| Gate TRUMP_USDT | +0.0018% | 4h | 2.1550 | +0.112% | $7.7M | $49.6M | 75x | as long as short |
| Bybit TRUMPUSDT | +0.0022% | 4h | 2.1550 | +0.112% | $30.8M | $52.0M | 50x | as long as short |
| Aevo TRUMP-PERPlong | +0.0024% | 1h | 2.1526 | long leg | $19K | — | 3x | |
| GRVT TRUMP_USDT_Perp | +0.0030% | 4h | 2.1540 | +0.065% | $181K | $4.3M | 10x | as long as short |
| Bitget TRUMPUSDT | +0.0046% | 4h | 2.1560 | +0.158% | $15.4M | $26.6M | 75x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1568 | +0.196% | $13.7M | $8.1M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1571 | +0.210% | $405K | $718K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1562 | +0.168% | $185K | $54K | 10x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1550 | +0.112% | $401K | $148K | 125x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1580 | +0.251% | $2K | $1.5M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1570 | +0.205% | $503K | $2.5M | 50x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0121% | 1h | 2.1577 | +0.237% | $1.3M | $2.3M | 50x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0136% / S −0.0098% | 1h | 2.1561 | +0.163% | $9K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0360% | 1h | 2.1582 | +0.261% | $383K | $420K | 10x | as long as short |
Coinbase International TRUMP-PERP-INTX
Injective TRUMP/USDC PERP
SoDEX TRUMP-USD
Deribit TRUMP_USDC-PERPETUAL
Variational Omni TRUMP
Binance TRUMPUSDT
Extended TRUMP-USD
OKX TRUMP-USDT-SWAP
Lighter TRUMP
Paradex TRUMP-USD-PERP
edgeX TRUMPUSDC
KuCoin TRUMPUSDTM
gTrade (Gains Network) TRUMP/USD
BloFin TRUMP-USDT
Gate TRUMP_USDT
Bybit TRUMPUSDT
GRVT TRUMP_USDT_Perp
Bitget TRUMPUSDT
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
MEXC TRUMP_USDC
SunX TRUMP-USDT
HTX TRUMP-USDT
Kraken Futures PF_TRUMPUSD
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP