TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0220%/8h= −24.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.031%

Price spread now: Deribit against Aevo+0.032%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Deribit

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. Deribit is 0.032% dearer against Aevo than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo TRUMP-PERP	2.1865	0.0104	pay 0.0013% / 1h	10m 10s	$19K	—	3x
Short	Deribit TRUMP_USDC-PERPETUAL	2.1872	−0.0116	pay 0.0014% / 1h	10m 10s	$410K	$79K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Aevo. 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 AevobpFee DeribitbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$46.12
Price spread: +0.032% → 0.000%: $3.2
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$65.92
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Deribit: live order book, 13 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 Deribit live order book, 13 min ago	5.71 bp	15.6 bp −$16	25.6 bp −$256	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	−0.1787%	1h	2.1730	−0.617%	$13K	$119K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1864	−0.004%	$5	—	10x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0130%	1h	2.1899	+0.157%	$1.3M	$2.3M	50x	as long as short
Deribit TRUMP_USDC-PERPETUALshort	−0.0116%	1h	2.1872	+0.032%	$410K	$79K	10x
dYdX TRUMP-USD	0.0000%	1h	2.1868	+0.016%	$27K	$485	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1878	+0.058%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1873	+0.034%	$119K	$248K	20x	as long as short
Lighter TRUMP	+0.0064%	1h	2.1859	−0.027%	$973K	$662K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0081%	8h	2.1866	+0.003%	$5K	—	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1870	+0.023%	$3K	$249K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRUMP	+0.0100%	1h	2.1892	+0.123%	$14.1M	$7.4M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1878	+0.061%	$458K	$831K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1875	+0.044%	$188K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1866	+0.006%	$62.3M	$215.5M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1870	+0.023%	$30.6M	$42.2M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1870	+0.023%	$26.7M	$147.8M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1880	+0.069%	$7.4M	$46.8M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1860	−0.023%	$480K	$135K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1880	+0.069%	$4.7M	$10.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1880	+0.069%	$15.5M	$20.4M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1844	−0.094%	$681K	$261K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1843	−0.099%	$179K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1890	+0.114%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1865	0.000%	$70	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1890	+0.114%	$515K	$1.7M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1863	−0.011%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERPlong	+0.0104%	1h	2.1865	long leg	$19K	—	3x
Backpack TRUMP_USDC_PERP	+0.0170%	1h	2.1893	+0.128%	$259K	$264K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1873	+0.037%	$10K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0288%	1h	2.1860	−0.023%	$281K	$399K	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1850	−0.069%	$4.2M	$503K	75x	as long as short