Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%
Price spread now: Extended against Bybit−0.049%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.049%, 7d avg −0.038%
=Together, before fees−0.116%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit TRUMPUSDT | 2.1950 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $31.5M | $48.5M | 50x |
| Short | Extended TRUMP-USD | 2.1939 | 0.0104 | get 0.0013% / 1h | 21m 36s | $76K | $597K | 25x |
Bybit TRUMPUSDT
Extended TRUMP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.049% → −0.038%
- −$1.08
- Slippage, 4 orders
- −$17.98
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$34.21
- Costs to cover
- 0.340%
- Break-even
- 292.1 days
Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 46 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 Bybit live order book, 2 min ago | 2.27 bp | 7.8 bp −$8 | 16.4 bp −$164 | 111.1 bp −$11.1K | doesn't fit |
| Sell Extended live order book, 46 min ago | 4.46 bp | 7.5 bp −$8 | 30.1 bp −$301 | doesn't fit | 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 | 2.1890 | −0.273% | $13K | $157K | 12x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.2026 | +0.348% | $5 | — | 10x | as long as short |
| Gate TRUMP_USDT | −0.0090% | 4h | 2.1940 | −0.046% | $7.8M | $49.2M | 75x | as long as short |
| dYdX TRUMP-USD | 0.0000% | 1h | 2.1967 | +0.076% | $27K | $512 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.2006 | +0.255% | $414K | $80K | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.2005 | +0.248% | $43K | — | 150x | as long as short |
| edgeX TRUMPUSDC | +0.0050% | 4h | 2.1991 | +0.188% | $107K | $263K | 20x | as long as short |
| Lighter TRUMP | +0.0072% | 1h | 2.1941 | −0.041% | $976K | $790K | 10x | as long as short |
| Paradex TRUMP-USD-PERP | +0.0072% | 8h | 2.1952 | +0.010% | $5K | $175 | 5x | as long as short |
| SoDEX TRUMP-USD | +0.0075% | 1h | 2.1990 | +0.182% | $78 | $6K | 5x | as long as short |
Injective TRUMP/USDC PERP
Reya TRUMPRUSDPERP
Gate TRUMP_USDT
dYdX TRUMP-USD
Deribit TRUMP_USDC-PERPETUAL
gTrade (Gains Network) TRUMP/USD
edgeX TRUMPUSDC
Lighter TRUMP
Paradex TRUMP-USD-PERP
SoDEX TRUMP-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TRUMP_USDC | +0.0086% | 4h | 2.2000 | +0.228% | $4K | $239K | 10x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1983 | +0.150% | $14.3M | $7.2M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1962 | +0.055% | $434K | $861K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1959 | +0.043% | $189K | $57K | 10x | as long as short |
| Binance TRUMPUSDT | +0.0100% | 4h | 2.1940 | −0.046% | $63.8M | $236.0M | 75x | as long as short |
| Bybit TRUMPUSDTlong | +0.0100% | 4h | 2.1950 | long leg | $31.5M | $48.5M | 50x | |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1930 | −0.091% | $28.9M | $170.1M | 50x | as long as short |
| MEXC TRUMP_USDC | +0.0100% | 4h | 2.1930 | −0.091% | $436K | $147K | 125x | as long as short |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1970 | +0.091% | $4.1M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1950 | 0.000% | $15.7M | $24.3M | 75x | as long as short |
| Variational Omni TRUMP | +0.0100% | 4h | 2.2081 | +0.598% | $696K | $448K | — | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.2029 | +0.361% | $182K | $4.6M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.2020 | +0.319% | $1K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.2040 | +0.410% | $558K | $2.0M | 50x | as long as short |
| Extended TRUMP-USDshort | +0.0104% | 1h | 2.1939 | −0.049% | $76K | $597K | 25x | |
| Aevo TRUMP-PERP | +0.0104% | 1h | 2.1985 | +0.161% | $19K | — | 3x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0217% / S −0.0188% | 1h | 2.2006 | +0.255% | $10K | — | 100x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0290% | 1h | 2.2014 | +0.292% | $257K | $319K | 10x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0513% | 1h | 2.2017 | +0.305% | $1.3M | $2.3M | 50x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0536% | 1h | 2.2020 | +0.319% | $286K | $305K | 50x | as long as short |
Orderly PERP_TRUMP_USDC
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
Binance TRUMPUSDT
OKX TRUMP-USDT-SWAP
MEXC TRUMP_USDC
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
Variational Omni TRUMP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
Aevo TRUMP-PERP
GMX TRUMP/USD [ETH-USDC]
Backpack TRUMP_USDC_PERP
Kraken Futures PF_TRUMPUSD
Coinbase International TRUMP-PERP-INTX