TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0230%/8h= −25.2% APRnext payment −$1.15 per $10,000 · paid last 24h −0.010%

Price spread now: Gate against Bitget0.000%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$520.517% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 7 days−0.017%−$2 · spread now 0.000%, 7d avg +0.011%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.027% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.15 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	Bitget TRUMPUSDT	2.1670	0.0100	pay 0.0050% / 4h	3h 11m	$15.7M	$26.1M	75x
Short	Gate TRUMP_USDT	2.1670	−0.0130	pay 0.0065% / 4h	3h 11m	$7.9M	$52.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$48.3
Price spread: 0.000% → +0.011%: −$1.11
Slippage, 4 orders: −$24.65
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$101.06
Costs to cover: 0.517%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 2 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 Bitget live order book, 2 min ago	2.30 bp	12.4 bp −$12	16.1 bp −$161	45.5 bp −$4,550	doesn't fit
Sell Gate live order book, 2 min ago	2.30 bp	15.6 bp −$16	36.7 bp −$367	78.6 bp −$7,857	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	2.1540	−0.600%	$13K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0350%	1h	2.1649	−0.097%	$88	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0304%	1h	2.1660	−0.046%	$408K	$72K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0256%	8h	2.1652	−0.082%	$5K	$175	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1641	−0.132%	$5	—	10x	as long as short
Extended TRUMP-USD	−0.0136%	1h	2.1649	−0.098%	$77K	$718K	25x	as long as short
Binance TRUMPUSDT	−0.0133%	4h	2.1662	−0.035%	$61.2M	$246.4M	75x	as long as short
Gate TRUMP_USDTshort	−0.0130%	4h	2.1670	0.000%	$7.9M	$52.2M	75x
Bybit TRUMPUSDT	−0.0101%	4h	2.1660	−0.046%	$30.8M	$50.5M	50x	as long as short
edgeX TRUMPUSDC	−0.0058%	4h	2.1655	−0.069%	$106K	$265K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRUMP	−0.0041%	4h	2.1651	−0.087%	$669K	$488K	—	as long as short
Lighter TRUMP	−0.0016%	1h	2.1662	−0.037%	$957K	$976K	10x	as long as short
dYdX TRUMP-USD	−0.0007%	1h	2.1686	+0.074%	$27K	$512	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0007%	4h	2.1650	−0.092%	$5K	$196K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1667	−0.016%	$41K	—	150x	as long as short
GRVT TRUMP_USDT_Perp	+0.0042%	4h	2.1654	−0.073%	$181K	$4.7M	10x	as long as short
Aevo TRUMP-PERP	+0.0048%	1h	2.1636	−0.157%	$19K	—	3x	as long as short
OKX TRUMP-USDT-SWAP	+0.0091%	4h	2.1660	−0.046%	$27.8M	$179.4M	50x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1687	+0.078%	$13.7M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1675	+0.022%	$408K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1669	−0.003%	$187K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1670	0.000%	$406K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1670	0.000%	$4.3M	$11.2M	50x	as long as short
Bitget TRUMPUSDTlong	+0.0100%	4h	2.1670	long leg	$15.7M	$26.1M	75x
SunX TRUMP-USDT	+0.0100%	4h	2.1660	−0.046%	$1K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1670	0.000%	$493K	$2.3M	50x	as long as short
BloFin TRUMP-USDT	+0.0112%	4h	2.1690	+0.092%	$4.2M	$663K	75x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1667	−0.016%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0173%	1h	2.1679	+0.040%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0194%	1h	2.1687	+0.078%	$384K	$400K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1750	+0.369%	$284K	$279K	50x	as long as short