TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0127%/8h= +13.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.002%

Price spread now: Aster against Binance−0.085%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$410.407% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.085%, 7d avg +0.025%

Together, before fees+0.140%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.109% cheaper against Binance than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of +0.025%). If the spread goes back, that is −$11 on $10k: about 2.9 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.058% in total) that is about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUMPUSDT	2.1590	−0.0027	get 0.0013% / 4h	3h 58m	$60.7M	$242.8M	75x
Short	Aster TRUMPUSDT	2.1572	0.0100	get 0.0050% / 4h	3h 58m	$423K	$793K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now −0.085%Rate

Funding earned: $26.61
Price spread: −0.085% → +0.025%: −$10.94
Slippage, 4 orders: −$22.69
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$25.02
Costs to cover: 0.407%
Break-even: 13.6 days

Slippage from Binance: live order book, 15 min ago; Aster: live order book, 59 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 Binance live order book, 15 min ago	2.32 bp	7.3 bp −$7	10.4 bp −$104	38.0 bp −$3,804	288.3 bp −$144.1K
Sell Aster live order book, 59 min ago	6.98 bp	12.4 bp −$12	24.6 bp −$246	doesn't fit	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	−0.1765%	1h	2.1490	−0.463%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1552	−0.178%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0045%	1h	2.1585	−0.023%	$94	$6K	5x	as long as short
Binance TRUMPUSDTlong	−0.0027%	4h	2.1590	long leg	$60.7M	$242.8M	75x
Extended TRUMP-USD	−0.0024%	1h	2.1569	−0.097%	$74K	$724K	25x	as long as short
Variational Omni TRUMP	−0.0021%	4h	2.1561	−0.133%	$666K	$488K	—	as long as short
edgeX TRUMPUSDC	−0.0011%	4h	2.1551	−0.181%	$105K	$265K	20x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1566	−0.111%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1589	−0.005%	$406K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1570	−0.094%	$41K	—	150x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	+0.0039%	8h	2.1563	−0.124%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0042%	4h	2.1570	−0.093%	$4K	$186K	10x	as long as short
Lighter TRUMP	+0.0072%	1h	2.1584	−0.028%	$955K	$958K	10x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1570	−0.093%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1572	−0.083%	$13.7M	$7.9M	10x	as long as short
Aster TRUMPUSDTshort	+0.0100%	4h	2.1572	−0.085%	$423K	$793K	20x
Pacifica TRUMP	+0.0100%	1h	2.1564	−0.121%	$185K	$52K	10x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1600	+0.046%	$30.6M	$49.7M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1600	+0.046%	$27.3M	$174.3M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1560	−0.139%	$7.6M	$50.3M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1570	−0.093%	$405K	$148K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1570	−0.093%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1580	−0.046%	$15.5M	$25.6M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1500	−0.417%	$183K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1610	+0.093%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1600	+0.046%	$513K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1570	−0.094%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0173%	1h	2.1620	+0.140%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0215%	4h	2.1550	−0.185%	$4.2M	$683K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0325%	1h	2.1575	−0.069%	$342K	$368K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1520	−0.324%	$278K	$275K	50x	as long as short