TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0124%/8h= −13.5% APRnext payment −$0.62 per $10,000 · paid last 24h −0.070%

Price spread now: Gate against BloFin−0.093%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$530.528% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.275%−$28 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.093%, 7d avg +0.011%

Together, before fees−0.201%−$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.104% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.011%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TRUMP-USDT	2.1410	0.0036	pay 0.0018% / 4h	1h 30m	$4.1M	$684K	75x
Short	Gate TRUMP_USDT	2.1390	−0.0088	pay 0.0044% / 4h	1h 30m	$7.7M	$53.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now −0.093%Rate

Funding earned: −$25.96
Price spread: −0.093% → +0.011%: −$10.45
Slippage, 4 orders: −$25.82
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$89.22
Costs to cover: 0.528%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Gate: live order book, 3 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 BloFin live order book, 3 min ago	7.01 bp	13.0 bp −$13	13.0 bp −$130	23.5 bp −$2,346	90.9 bp −$45.5K
Sell Gate live order book, 3 min ago	2.34 bp	11.9 bp −$12	32.7 bp −$327	72.8 bp −$7,279	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	−0.1927%	1h	2.1260	−0.701%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1382	−0.132%	$5	—	10x	as long as short
Extended TRUMP-USD	−0.0208%	1h	2.1380	−0.141%	$74K	$636K	25x	as long as short
Binance TRUMPUSDT	−0.0200%	4h	2.1384	−0.122%	$60.4M	$251.7M	75x	as long as short
Variational Omni TRUMP	−0.0145%	4h	2.1381	−0.134%	$660K	$424K	—	as long as short
edgeX TRUMPUSDC	−0.0106%	4h	2.1350	−0.278%	$104K	$265K	20x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0099%	1h	2.1420	+0.045%	$1.3M	$2.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	−0.0099%	4h	2.1380	−0.140%	$26.4M	$184.2M	50x	as long as short
Gate TRUMP_USDTshort	−0.0088%	4h	2.1390	−0.093%	$7.7M	$53.6M	75x
Bybit TRUMPUSDT	−0.0083%	4h	2.1380	−0.140%	$30.4M	$52.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	−0.0061%	4h	2.1390	−0.093%	$5K	$246K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0057%	8h	2.1388	−0.100%	$5K	$175	5x	as long as short
SoDEX TRUMP-USD	−0.0008%	1h	2.1385	−0.117%	$82	$6K	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1386	−0.111%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1401	−0.042%	$403K	$81K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1399	−0.054%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1377	−0.154%	$19K	—	3x	as long as short
BloFin TRUMP-USDTlong	+0.0036%	4h	2.1410	long leg	$4.1M	$684K	75x
Lighter TRUMP	+0.0088%	1h	2.1375	−0.163%	$944K	$1.0M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1398	−0.056%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1400	−0.047%	$402K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1400	−0.046%	$184K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1390	−0.093%	$398K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1390	−0.093%	$4.1M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1400	−0.047%	$15.2M	$27.2M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1388	−0.102%	$175K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1410	0.000%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1410	0.000%	$481K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1400	−0.045%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1360	−0.234%	$202K	$421K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0353%	1h	2.1426	+0.075%	$379K	$415K	10x	as long as short