TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against Bybit−0.096%60s7-day average −0.008% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$420.417% of the position

Long on Bybit Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$8 on $10k

Price spread, last 7 days+0.105%+$10 · spread now −0.096%, 7d avg −0.008%

Together, before fees+0.030%+ Points / potential airdropGRVT: Active · farm board+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.088% cheaper against Bybit than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.008%). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.075%, so the current rate has only just turned in your favour. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TRUMPUSDT	2.1490	0	get 0.0000% / 4h	42m 35s	$30.5M	$49.3M	50x
Short	GRVT TRUMP_USDT_Perp	2.1469	0.0100	get 0.0050% / 4h	42m 35s	$185K	$4.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Bybit. 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 BybitbpFee GRVTbpOrdersPrice spread, now −0.096%Rate

Funding earned: $21
Price spread: −0.096% → −0.008%: −$8.83
Slippage, 4 orders: −$21.73
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$29.56
Costs to cover: 0.417%
Break-even: 16.9 days

Slippage from Bybit: live order book, 1 min ago; GRVT: live order book, 1 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, 1 min ago	2.32 bp	7.8 bp −$8	16.6 bp −$166	117.2 bp −$11.7K	doesn't fit
Sell GRVT live order book, 1 min ago	2.32 bp	15.6 bp −$16	30.2 bp −$302	doesn't fit	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	−0.1690%	1h	2.1380	−0.512%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0318%	1h	2.1485	−0.023%	$89	$6K	5x	as long as short
Lighter TRUMP	−0.0272%	1h	2.1478	−0.056%	$950K	$933K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1491	+0.006%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0215%	1h	2.1493	+0.014%	$404K	$72K	10x	as long as short
Gate TRUMP_USDT	−0.0098%	4h	2.1490	0.000%	$7.6M	$50.6M	75x	as long as short
Variational Omni TRUMP	−0.0017%	4h	2.1481	−0.042%	$657K	$482K	—	as long as short
dYdX TRUMP-USD	−0.0006%	1h	2.1506	+0.074%	$27K	$512	5x	as long as short
Bybit TRUMPUSDTlong	0.0000%	4h	2.1490	long leg	$30.5M	$49.3M	50x
Paradex TRUMP-USD-PERP	+0.0005%	8h	2.1482	−0.039%	$5K	$175	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1511	+0.097%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0021%	4h	2.1444	−0.213%	$105K	$265K	20x	as long as short
Binance TRUMPUSDT	+0.0028%	4h	2.1480	−0.047%	$60.4M	$241.2M	75x	as long as short
Extended TRUMP-USD	+0.0032%	1h	2.1475	−0.072%	$74K	$745K	25x	as long as short
Orderly PERP_TRUMP_USDC	+0.0050%	4h	2.1480	−0.047%	$4K	$217K	10x	as long as short
Aevo TRUMP-PERP	+0.0088%	1h	2.1496	+0.029%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1507	+0.081%	$14.2M	$7.3M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1494	+0.020%	$423K	$826K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1494	+0.016%	$185K	$53K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1480	−0.047%	$27.2M	$172.3M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1490	0.000%	$405K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1490	0.000%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1490	0.000%	$15.5M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1510	+0.093%	$252K	$319K	10x	as long as short
GRVT TRUMP_USDT_Perpshort	+0.0100%	4h	2.1469	−0.096%	$185K	$4.5M	10x
SunX TRUMP-USDT	+0.0100%	4h	2.1510	+0.093%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1510	+0.093%	$498K	$2.1M	50x	as long as short
BloFin TRUMP-USDT	+0.0131%	4h	2.1490	0.000%	$4.2M	$677K	75x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1510	+0.094%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0221%	1h	2.1513	+0.107%	$1.3M	$2.2M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1540	+0.233%	$279K	$281K	50x	as long as short