TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0154%/8h= −16.9% APRnext payment −$0.77 per $10,000 · paid last 24h −0.003%

Price spread now: Gate against Aster−0.057%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$510.505% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.089%+$9 on $10k

Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.057%, 7d avg −0.023%

Together, before fees−0.024%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.035% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.023%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.089%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TRUMPUSDT	2.1502	0.0100	pay 0.0050% / 4h	2m 41s	$421K	$793K	20x
Short	Gate TRUMP_USDT	2.1490	−0.0054	pay 0.0027% / 4h	2m 41s	$7.6M	$51.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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 AsterbpFee GatebpOrdersPrice spread, now −0.057%Rate

Funding earned: −$32.34
Price spread: −0.057% → −0.023%: −$3.46
Slippage, 4 orders: −$27.52
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$86.32
Costs to cover: 0.505%
Break-even: never at this rate

Slippage from Aster: live order book, 55 min ago; Gate: live order book, 1 min ago.

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 Aster live order book, 55 min ago	6.98 bp	11.1 bp −$11	20.4 bp −$204	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	2.33 bp	13.6 bp −$14	31.5 bp −$315	80.6 bp −$8,063	doesn't fit

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	−0.1690%	1h	2.1390	−0.522%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1492	−0.050%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0068%	1h	2.1480	−0.104%	$94	$6K	5x	as long as short
Gate TRUMP_USDTshort	−0.0054%	4h	2.1490	−0.057%	$7.6M	$51.2M	75x
Extended TRUMP-USD	−0.0024%	1h	2.1484	−0.085%	$74K	$721K	25x	as long as short
Binance TRUMPUSDT	−0.0023%	4h	2.1490	−0.057%	$60.3M	$242.6M	75x	as long as short
Variational Omni TRUMP	−0.0022%	4h	2.1451	−0.238%	$662K	$488K	—	as long as short
edgeX TRUMPUSDC	−0.0012%	4h	2.1438	−0.299%	$105K	$264K	20x	as long as short
dYdX TRUMP-USD	−0.0002%	1h	2.1502	−0.002%	$27K	$512	5x	as long as short
Lighter TRUMP	0.0000%	1h	2.1486	−0.076%	$950K	$958K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1498	−0.020%	$405K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1494	−0.038%	$40K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0035%	8h	2.1494	−0.038%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0043%	4h	2.1480	−0.104%	$4K	$195K	10x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1480	−0.103%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1504	+0.008%	$13.6M	$7.9M	10x	as long as short
Aster TRUMPUSDTlong	+0.0100%	4h	2.1502	long leg	$421K	$793K	20x
Pacifica TRUMP	+0.0100%	1h	2.1491	−0.054%	$185K	$52K	10x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1490	−0.057%	$30.4M	$49.7M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1490	−0.057%	$27.2M	$173.3M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1490	−0.057%	$404K	$152K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1490	−0.057%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1500	−0.011%	$15.5M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1516	+0.064%	$342K	$366K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1505	+0.011%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1500	−0.011%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1520	+0.082%	$502K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1498	−0.022%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0217%	4h	2.1480	−0.104%	$4.2M	$680K	75x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0221%	1h	2.1510	+0.035%	$1.3M	$2.2M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1520	+0.082%	$278K	$276K	50x	as long as short