TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0375%/8h= +41.0% APRnext payment +$1.87 per $10,000 · paid last 24h +0.008%

Price spread now: Bitget against Binance+0.147%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 7 days−0.138%−$14 · spread now +0.147%, 7d avg −0.006%

Together, before fees−0.024%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bitget is 0.152% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.006%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.87 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUMPUSDT	2.1389	−0.0275	get 0.0137% / 4h	2h 19m	$60.3M	$250.1M	75x
Short	Bitget TRUMPUSDT	2.1420	0.0100	get 0.0050% / 4h	2h 19m	$15.4M	$26.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.147%Rate

Funding earned: $78.68
Price spread: +0.147% → −0.006%: $15.23
Slippage, 4 orders: −$18.57
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $53.34
Costs to cover: 0.406%
Break-even: 2.3 days

Slippage from Binance: live order book, 9 min ago; Bitget: live order book, 4 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, 9 min ago	2.36 bp	7.4 bp −$7	11.2 bp −$112	31.5 bp −$3,150	249.6 bp −$124.8K
Sell Bitget live order book, 4 min ago	2.35 bp	12.9 bp −$13	17.1 bp −$171	50.9 bp −$5,087	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	−0.1827%	1h	2.1150	−1.116%	$12K	$157K	12x	as long as short
Lighter TRUMP	−0.0464%	1h	2.1389	+0.002%	$946K	$1.0M	10x	as long as short
SoDEX TRUMP-USD	−0.0379%	1h	2.1390	+0.006%	$84	$6K	5x	as long as short
Bybit TRUMPUSDT	−0.0378%	4h	2.1430	+0.193%	$30.2M	$51.7M	50x	as long as short
Binance TRUMPUSDTlong	−0.0275%	4h	2.1389	long leg	$60.3M	$250.1M	75x
Extended TRUMP-USD	−0.0272%	1h	2.1394	+0.024%	$77K	$745K	25x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1412	+0.107%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0217%	1h	2.1403	+0.067%	$403K	$72K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0217%	8h	2.1394	+0.024%	$5K	$175	5x	as long as short
Variational Omni TRUMP	−0.0201%	4h	2.1331	−0.268%	$659K	$426K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0180%	4h	2.1390	+0.006%	$7.7M	$53.5M	75x	as long as short
edgeX TRUMPUSDC	−0.0138%	4h	2.1354	−0.161%	$104K	$264K	20x	as long as short
OKX TRUMP-USDT-SWAP	−0.0081%	4h	2.1420	+0.147%	$26.8M	$181.8M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0050%	4h	2.1390	+0.006%	$5K	$220K	10x	as long as short
BloFin TRUMP-USDT	−0.0034%	4h	2.1340	−0.227%	$4.1M	$688K	75x	as long as short
GRVT TRUMP_USDT_Perp	−0.0026%	4h	2.1290	−0.463%	$173K	$4.7M	10x	as long as short
dYdX TRUMP-USD	−0.0017%	1h	2.1410	+0.100%	$27K	$506	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1410	+0.100%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0016%	1h	2.1379	−0.044%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1431	+0.198%	$13.5M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1405	+0.075%	$402K	$801K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1399	+0.050%	$184K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1390	+0.006%	$398K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1400	+0.053%	$4.1M	$11.2M	50x	as long as short
Bitget TRUMPUSDTshort	+0.0100%	4h	2.1420	+0.147%	$15.4M	$26.8M	75x
SunX TRUMP-USDT	+0.0100%	4h	2.1410	+0.100%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1410	+0.100%	$480K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1411	+0.103%	$9K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0198%	1h	2.1418	+0.138%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0202%	1h	2.1432	+0.203%	$381K	$411K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1350	−0.181%	$243K	$343K	50x	as long as short