TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.96 per $10,000 · paid last 24h +0.003%

Price spread now: Bitget against Gate−0.046%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$490.486% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 7 days+0.072%+$7 · spread now −0.046%, 7d avg −0.011%

Together, before fees+0.040%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.035% cheaper against Gate than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of −0.011%). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$6 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.032% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.96 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	2.1530	−0.0092	get 0.0046% / 4h	52m 13s	$7.6M	$50.3M	75x
Short	Bitget TRUMPUSDT	2.1520	0.0100	get 0.0050% / 4h	52m 13s	$15.5M	$25.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.046%Rate

Funding earned: $40.32
Price spread: −0.046% → −0.011%: −$3.54
Slippage, 4 orders: −$21.64
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$11.86
Costs to cover: 0.486%
Break-even: 9.1 days

Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago	2.32 bp	13.6 bp −$14	31.0 bp −$310	72.0 bp −$7,203	doesn't fit
Sell Bitget live order book, 2 min ago	2.32 bp	12.8 bp −$13	15.9 bp −$159	57.6 bp −$5,759	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	2.1470	−0.279%	$13K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0384%	1h	2.1495	−0.163%	$87	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1522	−0.039%	$5	—	10x	as long as short
Lighter TRUMP	−0.0216%	1h	2.1500	−0.139%	$951K	$933K	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0122%	1h	2.1516	−0.065%	$405K	$72K	10x	as long as short
Gate TRUMP_USDTlong	−0.0092%	4h	2.1530	long leg	$7.6M	$50.3M	75x
Bybit TRUMPUSDT	−0.0018%	4h	2.1500	−0.139%	$30.5M	$49.2M	50x	as long as short
Variational Omni TRUMP	−0.0012%	4h	2.1601	+0.332%	$660K	$482K	—	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1586	+0.261%	$27K	$512	5x	as long as short
Paradex TRUMP-USD-PERP	+0.0004%	8h	2.1525	−0.024%	$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	2.1528	−0.007%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0038%	4h	2.1561	+0.143%	$105K	$263K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0056%	4h	2.1510	−0.093%	$4K	$222K	10x	as long as short
Extended TRUMP-USD	+0.0064%	1h	2.1499	−0.143%	$74K	$745K	25x	as long as short
Binance TRUMPUSDT	+0.0067%	4h	2.1500	−0.139%	$60.6M	$240.9M	75x	as long as short
Aevo TRUMP-PERP	+0.0096%	1h	2.1510	−0.093%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1525	−0.023%	$14.2M	$7.3M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1550	+0.094%	$424K	$826K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1546	+0.076%	$185K	$53K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1500	−0.139%	$27.1M	$171.7M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1490	−0.186%	$412K	$148K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1520	−0.046%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDTshort	+0.0100%	4h	2.1520	−0.046%	$15.5M	$25.8M	75x
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1523	−0.033%	$252K	$318K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1560	+0.139%	$176K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1530	0.000%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1540	+0.046%	$499K	$2.1M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1528	−0.010%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0221%	1h	2.1523	−0.033%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0283%	4h	2.1600	+0.325%	$4.2M	$678K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1550	+0.093%	$279K	$281K	50x	as long as short