TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.002%

Price spread now: Orderly against Aster−0.028%7-day average −0.032% · you buy dearer than you sell

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

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 3 days (all we have)−0.009%−$1 · spread now −0.028%, 7d avg −0.032%

Together, before fees+0.014%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TRUMPUSDT	2.2106	0.0100	pay 0.0050% / 4h	2h 25m	$437K	$861K	20x
Short	Orderly PERP_TRUMP_USDC	2.2100	0.0086	get 0.0043% / 4h	2h 25m	$4K	$240K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.028%Rate

Funding earned: −$2.96
Price spread: −0.028% → −0.032%: $0.41
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$16.54
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 42 min ago; Orderly: 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 Aster live order book, 42 min ago	4.45 bp	9.8 bp −$10	22.2 bp −$222	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 30 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	−0.1623%	1h	2.1880	−1.023%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2087	−0.089%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0050%	4h	2.2090	−0.073%	$7.8M	$49.1M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2056	−0.226%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2106	−0.001%	$416K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2104	−0.009%	$43K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2002	−0.471%	$107K	$262K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0073%	8h	2.2078	−0.127%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDCshort	+0.0086%	4h	2.2100	−0.028%	$4K	$240K	10x
Lighter TRUMP	+0.0096%	1h	2.2087	−0.086%	$982K	$790K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRUMP	+0.0100%	1h	2.2112	+0.027%	$14.4M	$7.2M	10x	as long as short
Aster TRUMPUSDTlong	+0.0100%	4h	2.2106	long leg	$437K	$861K	20x
Pacifica TRUMP	+0.0100%	1h	2.2059	−0.213%	$190K	$57K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2093	−0.061%	$64.2M	$235.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2080	−0.118%	$31.7M	$48.4M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2070	−0.163%	$29.1M	$170.8M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2080	−0.118%	$439K	$146K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2100	−0.028%	$4.1M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2080	−0.118%	$15.8M	$24.3M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2081	−0.112%	$696K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2006	−0.451%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2120	+0.063%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2095	−0.050%	$78	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2150	+0.199%	$554K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2059	−0.214%	$76K	$597K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2090	−0.073%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2102	−0.018%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0302%	1h	2.2125	+0.085%	$259K	$319K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0510%	1h	2.2122	+0.072%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2190	+0.379%	$288K	$307K	50x	as long as short