TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.002%

Price spread now: Bitget against Orderly+0.045%7-day average +0.010% · you sell dearer than you buy

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

Long on Orderly Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 3 days (all we have)−0.077%−$8 · spread now +0.045%, 7d avg +0.010%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.035% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.2170	0.0087	pay 0.0043% / 4h	51m 18s	$3K	$249K	10x
Short	Bitget TRUMPUSDT	2.2180	0.0100	get 0.0050% / 4h	51m 18s	$15.8M	$21.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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 OrderlybpFee BitgetbpOrdersPrice spread, now +0.045%Rate

Funding earned: $2.74
Price spread: +0.045% → +0.010%: $3.48
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$11.78
Costs to cover: 0.180%
Break-even: 37.1 days

Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 2 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	2.26 bp	12.3 bp −$12	15.9 bp −$159	48.3 bp −$4,828	doesn't fit

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	−0.1537%	1h	2.2010	−0.722%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2157	−0.058%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2157	−0.059%	$28K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2177	+0.032%	$416K	$76K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2170	0.000%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2074	−0.434%	$120K	$248K	20x	as long as short
Orderly PERP_TRUMP_USDClong	+0.0087%	4h	2.2170	long leg	$3K	$249K	10x
Paradex TRUMP-USD-PERP	+0.0095%	8h	2.2190	+0.090%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2165	−0.023%	$995K	$727K	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2188	+0.082%	$462K	$835K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.2172	+0.011%	$191K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2171	+0.006%	$63.6M	$222.2M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2170	0.000%	$31.1M	$43.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2180	+0.045%	$27.4M	$153.1M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.2160	−0.045%	$7.5M	$47.6M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2160	−0.045%	$485K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2200	+0.135%	$4.8M	$10.4M	50x	as long as short
Bitget TRUMPUSDTshort	+0.0100%	4h	2.2180	+0.045%	$15.8M	$21.3M	75x
Variational Omni TRUMP	+0.0100%	4h	2.2022	−0.667%	$690K	$279K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2130	−0.178%	$194K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2200	+0.135%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2170	0.000%	$73	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2200	+0.135%	$528K	$1.8M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2181	+0.048%	$76K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2160	−0.045%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.2165	−0.021%	$10K	—	100x	as long as short
Hyperliquid TRUMP	+0.0322%	1h	2.2190	+0.090%	$14.3M	$7.4M	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2180	+0.045%	$4.2M	$634K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0424%	1h	2.2010	−0.722%	$284K	$401K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0625%	1h	2.2135	−0.158%	$261K	$275K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0861%	1h	2.2197	+0.120%	$1.3M	$2.5M	50x	as long as short