TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.018%

Price spread now: Orderly against GRVT−0.405%7-day average −0.001% · you buy dearer than you sell

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

Long on GRVT Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$10 on $10k

Price spread, last 3 days (all we have)+0.353%+$35 · spread now −0.405%, 7d avg −0.001%

Together, before fees+0.458%+ Points / potential airdropGRVT: Active · farm board+$46 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Orderly is 0.404% cheaper against GRVT than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.001%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.105%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT TRUMP_USDT_Perp	2.2029	0.0100	pay 0.0050% / 4h	2h 20m	$182K	$4.6M	10x
Short	Orderly PERP_TRUMP_USDC	2.1940	0.0086	get 0.0043% / 4h	2h 20m	$4K	$239K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against GRVT. 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 GRVTbpFee OrderlybpOrdersPrice spread, now −0.405%Rate

Funding earned: −$2.96
Price spread: −0.405% → −0.001%: −$40.44
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$58.4
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: GRVT: 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 GRVT live order book, 3 min ago	4.54 bp	14.4 bp −$14	35.6 bp −$356	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 30 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	−0.1623%	1h	2.1920	−0.496%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1931	−0.445%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0090%	4h	2.1920	−0.496%	$7.8M	$49.2M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1967	−0.284%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1958	−0.324%	$413K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1974	−0.250%	$43K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1991	−0.172%	$107K	$263K	20x	as long as short
SoDEX TRUMP-USD	+0.0060%	1h	2.1944	−0.387%	$78	$6K	5x	as long as short
Lighter TRUMP	+0.0072%	1h	2.1935	−0.428%	$976K	$790K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0072%	8h	2.1952	−0.350%	$5K	$175	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDCshort	+0.0086%	4h	2.1940	−0.405%	$4K	$239K	10x
Hyperliquid TRUMP	+0.0100%	1h	2.1953	−0.346%	$14.3M	$7.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1940	−0.405%	$434K	$861K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1959	−0.317%	$189K	$57K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1930	−0.451%	$63.8M	$236.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1920	−0.496%	$31.5M	$48.5M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1930	−0.451%	$28.9M	$170.3M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1930	−0.451%	$436K	$147K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1940	−0.405%	$4.1M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1930	−0.451%	$15.7M	$24.3M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1951	−0.356%	$691K	$448K	—	as long as short
GRVT TRUMP_USDT_Perplong	+0.0100%	4h	2.2029	long leg	$182K	$4.6M	10x
SunX TRUMP-USDT	+0.0100%	4h	2.1970	−0.269%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1970	−0.269%	$556K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1919	−0.501%	$76K	$597K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1945	−0.383%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1967	−0.281%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0280%	1h	2.1951	−0.355%	$257K	$319K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0514%	1h	2.1974	−0.249%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2020	−0.042%	$286K	$305K	50x	as long as short