TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.014%

Price spread now: Orderly against edgeX+0.756%7-day average +0.007% · you sell dearer than you buy

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

Long on edgeX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.074%+$7 on $10k

Price spread, last 3 days (all we have)−0.711%−$71 · spread now +0.756%, 7d avg +0.007%

Together, before fees−0.637%+ Points / potential airdropedgeX: Active · farm board−$64 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.749% dearer against edgeX than usual: you sell high and buy low: +$75 more if the spread goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1815	0.0050	pay 0.0025% / 4h	3h 34m	$119K	$249K	20x
Short	Orderly PERP_TRUMP_USDC	2.1980	0.0096	get 0.0048% / 4h	3h 34m	$3K	$249K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against edgeX. 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 edgeXbpFee OrderlybpOrdersPrice spread, now +0.756%Rate

Funding earned: $9.7
Price spread: +0.756% → +0.007%: $74.9
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: $69.6
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: edgeX: live order book, 38 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 edgeX live order book, 38 min ago	6.87 bp	14.3 bp −$14	38.6 bp −$386	doesn't fit	doesn't fit
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	−0.1608%	1h	2.1900	+0.389%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1962	+0.672%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2006	+0.878%	$28K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1984	+0.774%	$412K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1976	+0.737%	$41K	—	150x	as long as short
edgeX TRUMPUSDClong	+0.0050%	4h	2.1815	long leg	$119K	$249K	20x
Lighter TRUMP	+0.0096%	1h	2.1980	+0.756%	$979K	$766K	10x	as long as short
Orderly PERP_TRUMP_USDCshort	+0.0096%	4h	2.1980	+0.756%	$3K	$249K	10x
Paradex TRUMP-USD-PERP	+0.0098%	8h	2.1990	+0.802%	$5K	—	5x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1997	+0.836%	$458K	$836K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.1996	+0.831%	$190K	$58K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1990	+0.802%	$62.9M	$223.4M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2000	+0.848%	$30.8M	$44.4M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2000	+0.848%	$27.1M	$153.3M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1990	+0.802%	$7.6M	$47.1M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1970	+0.710%	$476K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2000	+0.848%	$4.0M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2010	+0.894%	$15.9M	$21.9M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1972	+0.718%	$706K	$443K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1786	−0.131%	$190K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2010	+0.894%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1975	+0.733%	$74	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2030	+0.985%	$556K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1981	+0.759%	$80K	$599K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1975	+0.733%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0197%	1h	2.2017	+0.926%	$14.2M	$6.6M	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1972	+0.719%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1970	+0.710%	$4.2M	$628K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0430%	1h	2.2009	+0.889%	$257K	$278K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.1790	−0.115%	$283K	$272K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0783%	1h	2.2002	+0.858%	$1.3M	$2.5M	50x	as long as short