TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0230%/8h= +25.2% APRnext payment +$1.15 per $10,000 · paid last 24h +0.010%

Price spread now: Aster against Gate+0.046%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$480.478% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.085%−$8 on $10k

Price spread, last 4 days (all we have)+0.087%+$9 · spread now +0.046%, 7d avg +0.023%

Together, before fees+0.003%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aster is 0.023% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.023%. Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRUMP_USDT	2.1650	−0.0130	get 0.0065% / 4h	3h 12m	$7.9M	$52.2M	75x
Short	Aster TRUMPUSDT	2.1660	0.0100	get 0.0050% / 4h	3h 12m	$408K	$834K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now +0.046%Rate

Funding earned: $48.3
Price spread: +0.046% → +0.023%: $2.35
Slippage, 4 orders: −$24.79
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: $2.86
Costs to cover: 0.478%
Break-even: 6.6 days

Slippage from Gate: live order book, 1 min ago; Aster: live order book, 40 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 Gate live order book, 1 min ago	2.30 bp	13.4 bp −$13	22.2 bp −$222	64.0 bp −$6,404	doesn't fit
Sell Aster live order book, 40 min ago	4.58 bp	9.9 bp −$10	26.4 bp −$264	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	−0.1765%	1h	2.1540	−0.508%	$13K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0335%	1h	2.1696	+0.212%	$88	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	−0.0261%	8h	2.1651	+0.003%	$5K	$175	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1641	−0.039%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0164%	1h	2.1722	+0.333%	$409K	$72K	10x	as long as short
Binance TRUMPUSDT	−0.0133%	4h	2.1650	0.000%	$61.2M	$246.5M	75x	as long as short
Gate TRUMP_USDTlong	−0.0130%	4h	2.1650	long leg	$7.9M	$52.2M	75x
Extended TRUMP-USD	−0.0128%	1h	2.1644	−0.028%	$77K	$718K	25x	as long as short
Bybit TRUMPUSDT	−0.0101%	4h	2.1650	0.000%	$30.8M	$50.5M	50x	as long as short
edgeX TRUMPUSDC	−0.0058%	4h	2.1655	+0.023%	$106K	$265K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRUMP	−0.0041%	4h	2.1651	+0.006%	$669K	$488K	—	as long as short
Lighter TRUMP	−0.0008%	1h	2.1662	+0.055%	$957K	$976K	10x	as long as short
dYdX TRUMP-USD	−0.0007%	1h	2.1686	+0.167%	$27K	$512	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0007%	4h	2.1650	0.000%	$5K	$196K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1667	+0.077%	$41K	—	150x	as long as short
GRVT TRUMP_USDT_Perp	+0.0042%	4h	2.1654	+0.020%	$181K	$4.7M	10x	as long as short
Aevo TRUMP-PERP	+0.0048%	1h	2.1686	+0.167%	$19K	—	3x	as long as short
OKX TRUMP-USDT-SWAP	+0.0091%	4h	2.1650	0.000%	$27.8M	$179.4M	50x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1666	+0.074%	$13.7M	$8.0M	10x	as long as short
Aster TRUMPUSDTshort	+0.0100%	4h	2.1660	+0.046%	$408K	$834K	20x
Pacifica TRUMP	+0.0100%	1h	2.1693	+0.200%	$187K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1640	−0.046%	$406K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1650	0.000%	$4.2M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1650	0.000%	$15.7M	$26.1M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1730	+0.370%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1730	+0.370%	$496K	$2.3M	50x	as long as short
BloFin TRUMP-USDT	+0.0112%	4h	2.1690	+0.185%	$4.2M	$663K	75x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1667	+0.077%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0172%	1h	2.1728	+0.363%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0194%	1h	2.1727	+0.356%	$384K	$400K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1750	+0.462%	$284K	$281K	50x	as long as short