TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.001%

Price spread now: Orderly against Gate+0.046%7-day average −0.018% · you sell dearer than you buy

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

Long on Gate Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.046%, 7d avg −0.018%

Together, before fees−0.112%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.064% dearer against Gate than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of −0.018%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 7 days (−0.066% in total) that is about 6.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRUMP_USDT	2.1780	0.0100	pay 0.0050% / 4h	1h 30m	$7.3M	$47.2M	75x
Short	Orderly PERP_TRUMP_USDC	2.1790	0.0086	get 0.0043% / 4h	1h 30m	$3K	$249K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.046%Rate

Funding earned: −$2.94
Price spread: +0.046% → −0.018%: $6.43
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$17.51
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 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 Gate live order book, 3 min ago	4.57 bp	14.3 bp −$14	24.3 bp −$243	65.4 bp −$6,537	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	−0.1472%	1h	2.1810	+0.138%	$32K	$147K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1782	+0.010%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1787	+0.034%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1788	+0.037%	$409K	$79K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1797	+0.076%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1847	+0.309%	$119K	$249K	20x	as long as short
Orderly PERP_TRUMP_USDCshort	+0.0086%	4h	2.1790	+0.046%	$3K	$249K	10x
Paradex TRUMP-USD-PERP	+0.0091%	8h	2.1774	−0.028%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1768	−0.055%	$969K	$675K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1805	+0.115%	$14.0M	$7.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDT	+0.0100%	4h	2.1790	+0.046%	$454K	$832K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1779	−0.003%	$188K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1799	+0.086%	$62.1M	$218.7M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1790	+0.046%	$30.3M	$43.2M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1800	+0.092%	$26.7M	$149.3M	50x	as long as short
Gate TRUMP_USDTlong	+0.0100%	4h	2.1780	long leg	$7.3M	$47.2M	75x
MEXC TRUMP_USDC	+0.0100%	4h	2.1760	−0.092%	$478K	$133K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1790	+0.046%	$4.5M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1800	+0.092%	$15.4M	$20.9M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1802	+0.102%	$685K	$266K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1800	+0.092%	$178K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1830	+0.230%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1786	+0.028%	$70	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1800	+0.092%	$531K	$1.8M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1781	+0.005%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1797	+0.079%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1793	+0.062%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1810	+0.138%	$4.2M	$513K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0351%	1h	2.1811	+0.142%	$260K	$270K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1860	+0.367%	$281K	$398K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0524%	1h	2.1809	+0.134%	$1.3M	$2.5M	50x	as long as short