TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0187%/8h= +20.5% APRnext payment +$0.94 per $10,000 · paid last 24h +0.068%

Price spread now: BloFin against Orderly−0.046%7-day average +0.013% · you buy dearer than you sell

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

Long on Orderly Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.335%+$33 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.046%, 7d avg +0.013%

Together, before fees+0.358%+$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.060% cheaper against Orderly than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.013%). If the spread goes back, that is −$6 on $10k: about 26 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.1540	0.0044	pay 0.0022% / 4h	19m 09s	$4K	$206K	10x
Short	BloFin TRUMP-USDT	2.1530	0.0231	get 0.0116% / 4h	19m 09s	$4.1M	$682K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.046%Rate

Funding earned: $39.36
Price spread: −0.046% → +0.013%: −$5.98
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: $15.38
Costs to cover: 0.180%
Break-even: 4.3 days

Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 4 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 BloFin live order book, 4 min ago	6.95 bp	13.0 bp −$13	16.4 bp −$164	27.8 bp −$2,784	88.1 bp −$44.1K

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	−0.1690%	1h	2.1430	−0.511%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1541	+0.006%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0124%	1h	2.1545	+0.023%	$95	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0075%	1h	2.1547	+0.032%	$406K	$72K	10x	as long as short
Lighter TRUMP	−0.0064%	1h	2.1536	−0.019%	$953K	$957K	10x	as long as short
Gate TRUMP_USDT	−0.0058%	4h	2.1540	0.000%	$7.6M	$51.0M	75x	as long as short
Binance TRUMPUSDT	−0.0009%	4h	2.1548	+0.038%	$60.5M	$241.6M	75x	as long as short
Variational Omni TRUMP	−0.0009%	4h	2.1551	+0.051%	$665K	$488K	—	as long as short
Extended TRUMP-USD	−0.0008%	1h	2.1539	−0.003%	$75K	$716K	25x	as long as short
dYdX TRUMP-USD	−0.0003%	1h	2.1576	+0.167%	$27K	$512	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TRUMPUSDC	−0.0001%	4h	2.1570	+0.137%	$105K	$264K	20x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1555	+0.068%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0029%	8h	2.1543	+0.013%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDClong	+0.0044%	4h	2.1540	long leg	$4K	$206K	10x
Bybit TRUMPUSDT	+0.0078%	4h	2.1540	0.000%	$30.5M	$49.6M	50x	as long as short
Aevo TRUMP-PERP	+0.0080%	1h	2.1535	−0.023%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1569	+0.135%	$14.5M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1559	+0.090%	$422K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1559	+0.090%	$185K	$53K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1540	0.000%	$27.2M	$173.5M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1540	0.000%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1550	+0.046%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1540	0.000%	$15.5M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1562	+0.102%	$252K	$317K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1580	+0.186%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1570	+0.139%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1570	+0.139%	$503K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1554	+0.066%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1570	+0.138%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDTshort	+0.0231%	4h	2.1530	−0.046%	$4.1M	$682K	75x
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1570	+0.139%	$279K	$281K	50x	as long as short