TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0158%/8h= −17.3% APRnext payment −$0.79 per $10,000 · paid last 24h −0.001%

Price spread now: Gate against Binance+0.045%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$450.448% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.148%+$15 on $10k

Price spread, last 7 days−0.036%−$4 · spread now +0.045%, 7d avg +0.006%

Together, before fees+0.111%+$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.039% dearer against Binance than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of +0.006%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 20 hours. Mind the row above: over the last 7 days funding on this pair paid +0.148%, 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	Binance TRUMPUSDT	2.2060	0.0100	pay 0.0050% / 4h	2h 25m	$64.1M	$236.0M	75x
Short	Gate TRUMP_USDT	2.2070	−0.0058	pay 0.0029% / 4h	2h 25m	$7.8M	$49.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.045%Rate

Funding earned: −$33.18
Price spread: +0.045% → +0.006%: $3.87
Slippage, 4 orders: −$19.79
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$74.1
Costs to cover: 0.448%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; Gate: 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, 3 min ago	2.26 bp	8.9 bp −$9	16.3 bp −$163	41.1 bp −$4,110	272.5 bp −$136.2K
Sell Gate live order book, 4 min ago	4.54 bp	12.0 bp −$12	29.5 bp −$295	71.7 bp −$7,166	doesn't fit

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	2.1960	−0.454%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2052	−0.039%	$5	—	10x	as long as short
Gate TRUMP_USDTshort	−0.0058%	4h	2.2070	+0.045%	$7.8M	$49.1M	75x
dYdX TRUMP-USD	0.0000%	1h	2.2056	−0.017%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2074	+0.063%	$415K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2074	+0.065%	$43K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2025	−0.159%	$107K	$262K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0073%	8h	2.2068	+0.038%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.2060	0.000%	$4K	$239K	10x	as long as short
SoDEX TRUMP-USD	+0.0091%	1h	2.2065	+0.022%	$78	$6K	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRUMP	+0.0096%	1h	2.2057	−0.014%	$981K	$790K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.2082	+0.099%	$14.4M	$7.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2072	+0.053%	$436K	$861K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.2055	−0.022%	$190K	$57K	10x	as long as short
Binance TRUMPUSDTlong	+0.0100%	4h	2.2060	long leg	$64.1M	$236.0M	75x
Bybit TRUMPUSDT	+0.0100%	4h	2.2060	0.000%	$31.7M	$48.4M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2060	0.000%	$29.0M	$170.8M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2050	−0.046%	$439K	$146K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2080	+0.090%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2070	+0.045%	$15.8M	$24.3M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2081	+0.096%	$696K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2046	−0.062%	$182K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2090	+0.136%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2090	+0.136%	$552K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2059	−0.005%	$76K	$597K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2060	0.000%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2077	+0.079%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0302%	1h	2.2125	+0.294%	$259K	$319K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0511%	1h	2.2087	+0.120%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2190	+0.589%	$288K	$307K	50x	as long as short