TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.44 per $10,000 · paid last 24h −0.058%

Price spread now: Orderly against BloFin+0.047%7-day average −0.011% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.341%−$34 on $10k

Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.047%, 7d avg −0.011%

Together, before fees−0.435%−$43 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.058% dearer against BloFin than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.011%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TRUMP-USDT	2.1380	−0.0010	get 0.0005% / 4h	3h 30m	$4.2M	$684K	75x
Short	Orderly PERP_TRUMP_USDC	2.1390	−0.0098	pay 0.0049% / 4h	3h 30m	$5K	$296K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.047%Rate

Funding earned: −$18.55
Price spread: +0.047% → −0.011%: $5.82
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$30.72
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.

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	14.8 bp −$148	31.3 bp −$3,129	165.3 bp −$82.7K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1829%	1h	2.1350	−0.140%	$12K	$157K	12x	as long as short
Bybit TRUMPUSDT	−0.0491%	4h	2.1380	0.000%	$30.6M	$51.7M	50x	as long as short
SoDEX TRUMP-USD	−0.0468%	1h	2.1387	+0.033%	$69	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0306%	4h	2.1380	0.000%	$7.7M	$49.8M	75x	as long as short
Variational Omni TRUMP	−0.0300%	4h	2.1451	+0.334%	$662K	$415K	—	as long as short
OKX TRUMP-USDT-SWAP	−0.0252%	4h	2.1360	−0.094%	$26.8M	$181.7M	50x	as long as short
Binance TRUMPUSDT	−0.0250%	4h	2.1389	+0.040%	$61.3M	$248.1M	75x	as long as short
Extended TRUMP-USD	−0.0248%	1h	2.1364	−0.074%	$74K	$488K	25x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1382	+0.008%	$5	—	10x	as long as short
Lighter TRUMP	−0.0216%	1h	2.1385	+0.023%	$935K	$991K	10x	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	−0.0155%	8h	2.1391	+0.054%	$5K	$175	5x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1360	−0.094%	$148K	$493K	50x	as long as short
edgeX TRUMPUSDC	−0.0126%	4h	2.1381	+0.007%	$104K	$254K	20x	as long as short
Orderly PERP_TRUMP_USDCshort	−0.0098%	4h	2.1390	+0.047%	$5K	$296K	10x
Deribit TRUMP_USDC-PERPETUAL	−0.0077%	1h	2.1399	+0.089%	$387K	$81K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0054%	4h	2.1370	−0.047%	$4.1M	$10.7M	50x	as long as short
GRVT TRUMP_USDT_Perp	−0.0042%	4h	2.1454	+0.345%	$181K	$4.3M	10x	as long as short
dYdX TRUMP-USD	−0.0021%	1h	2.1406	+0.123%	$26K	$2K	5x	as long as short
BloFin TRUMP-USDTlong	−0.0010%	4h	2.1380	long leg	$4.2M	$684K	75x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1405	+0.115%	$40K	—	150x	as long as short
Bitget TRUMPUSDT	+0.0020%	4h	2.1380	0.000%	$15.2M	$26.5M	75x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1404	+0.111%	$19K	—	3x	as long as short
MEXC TRUMP_USDC	+0.0088%	4h	2.1380	0.000%	$397K	$149K	125x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1408	+0.131%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1409	+0.138%	$407K	$716K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1410	+0.140%	$184K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1430	+0.234%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1420	+0.187%	$496K	$2.5M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0121%	1h	2.1420	+0.189%	$1.3M	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1405	+0.118%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0303%	1h	2.1426	+0.215%	$383K	$423K	10x	as long as short