Funding you earn now, next payment 12:00 UTC+0.0088%/8h= +9.7% APRnext payment +$0.44 per $10,000 · paid last 24h −0.008%
Price spread now: Orderly against KuCoin−0.047%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.047%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin TRUMPUSDTM | 2.1360 | −0.0176 | get 0.0088% / 4h | 1h 27m | $4.3M | $10.2M | 50x |
| Short | Orderly PERP_TRUMP_USDC | 2.1350 | −0.0087 | pay 0.0044% / 4h | 1h 27m | $5K | $299K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.58
- Price spread: −0.047% → −0.038%
- −$0.89
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$0.3
- Costs to cover
- 0.180%
- Break-even
- 7.1 days
Slippage unknown: KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago | 2.35 bp | 19.4 bp −$19 | 102.8 bp −$1,028 | 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 32 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX TRUMP-USD | −0.0484% | 1h | 2.1369 | +0.042% | $77 | $6K | 5x | as long as short |
| Variational Omni TRUMP | −0.0409% | 4h | 2.1300 | −0.281% | $662K | $400K | — | as long as short |
| OKX TRUMP-USDT-SWAP | −0.0375% | 4h | 2.1360 | 0.000% | $27.0M | $172.6M | 50x | as long as short |
| Bybit TRUMPUSDT | −0.0373% | 4h | 2.1360 | 0.000% | $31.2M | $48.4M | 50x | as long as short |
| Extended TRUMP-USD | −0.0368% | 1h | 2.1348 | −0.056% | $73K | $493K | 25x | as long as short |
| Binance TRUMPUSDT | −0.0364% | 4h | 2.1366 | +0.028% | $63.0M | $238.4M | 75x | as long as short |
| Coinbase International TRUMP-PERP-INTX | −0.0296% | 1h | 2.1250 | −0.515% | $130K | $512K | 50x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | −0.0264% | 1h | 2.1381 | +0.098% | $384K | $78K | 10x | as long as short |
| Lighter TRUMP | −0.0256% | 1h | 2.1367 | +0.033% | $918K | $959K | 10x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1360 | 0.000% | $5 | — | 10x | as long as short |
Show all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRUMP_USDT | −0.0230% | 4h | 2.1360 | 0.000% | $7.7M | $47.7M | 75x | as long as short |
| MEXC TRUMP_USDC | −0.0220% | 4h | 2.1350 | −0.047% | $386K | $143K | 125x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0216% | 8h | 2.1358 | −0.011% | $5K | $175 | 5x | as long as short |
| edgeX TRUMPUSDC | −0.0178% | 4h | 2.1290 | −0.327% | $104K | $254K | 20x | as long as short |
| KuCoin TRUMPUSDTMlong | −0.0176% | 4h | 2.1360 | long leg | $4.3M | $10.2M | 50x | |
| BloFin TRUMP-USDT | −0.0119% | 4h | 2.1340 | −0.094% | $4.3M | $689K | 75x | as long as short |
| Orderly PERP_TRUMP_USDCshort | −0.0087% | 4h | 2.1350 | −0.047% | $5K | $299K | 10x | |
| Bitget TRUMPUSDT | −0.0052% | 4h | 2.1380 | +0.094% | $15.4M | $24.8M | 75x | as long as short |
| Aevo TRUMP-PERP | −0.0008% | 1h | 2.1350 | −0.047% | $19K | — | 3x | as long as short |
| dYdX TRUMP-USD | −0.0005% | 1h | 2.1375 | +0.070% | $25K | $3K | 5x | as long as short |
| GRVT TRUMP_USDT_Perp | 0.0000% | 4h | 2.1304 | −0.264% | $184K | $4.0M | 10x | as long as short |
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1382 | +0.104% | $40K | — | 150x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0023% | 1h | 2.1404 | +0.204% | $1.4M | $2.1M | 50x | as long as short |
| Injective TRUMP/USDC PERP | +0.0033% | 1h | 2.1600 | +1.124% | $13K | $157K | 12x | as long as short |
| Hyperliquid TRUMP | +0.0100% | 1h | 2.1382 | +0.103% | $13.5M | $7.7M | 10x | as long as short |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1370 | +0.047% | $403K | $643K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1379 | +0.089% | $184K | $54K | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1370 | +0.047% | $2K | $1.4M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1400 | +0.187% | $486K | $2.5M | 50x | as long as short |
| Phemex TRUMPUSDT | +0.0100% | 4h | 2.1360 | 0.000% | $195K | $453K | 50x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0139% | 1h | 2.1406 | +0.215% | $382K | $390K | 10x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0204% / S −0.0199% | 1h | 2.1369 | +0.041% | $10K | — | 100x | as long as short |
KuCoin TRUMPUSDTM
SoDEX TRUMP-USD
Variational Omni TRUMP
OKX TRUMP-USDT-SWAP
Bybit TRUMPUSDT
Extended TRUMP-USD
Binance TRUMPUSDT
Coinbase International TRUMP-PERP-INTX
Deribit TRUMP_USDC-PERPETUAL
Lighter TRUMP
Gate TRUMP_USDT
MEXC TRUMP_USDC
Paradex TRUMP-USD-PERP
edgeX TRUMPUSDC
BloFin TRUMP-USDT
Bitget TRUMPUSDT
GRVT TRUMP_USDT_Perp
gTrade (Gains Network) TRUMP/USD
Kraken Futures PF_TRUMPUSD
Injective TRUMP/USDC PERP
Hyperliquid TRUMP
Aster TRUMPUSDT
Pacifica TRUMP
SunX TRUMP-USDT
HTX TRUMP-USDT
Phemex TRUMPUSDT
Backpack TRUMP_USDC_PERP
GMX TRUMP/USD [ETH-USDC]