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: Gate against Orderly+0.092%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 Orderly Short on Gate

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)−0.092%−$9 · spread now +0.092%, 7d avg +0.018%

Together, before fees−0.026%−$3 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 Gate is 0.073% dearer against Orderly than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.1790	0.0086	pay 0.0043% / 4h	1h 32m	$3K	$249K	10x
Short	Gate TRUMP_USDT	2.1810	0.0100	get 0.0050% / 4h	1h 32m	$7.3M	$47.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.092%Rate

Funding earned: $2.94
Price spread: +0.092% → +0.018%: $7.34
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$10.72
Costs to cover: 0.210%
Break-even: 32.5 days

Slippage unknown: Orderly: no order-book sample; Gate: 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 Gate live order book, 2 min ago	4.57 bp	13.3 bp −$13	29.2 bp −$292	70.0 bp −$7,003	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	−0.1472%	1h	2.1720	−0.321%	$13K	$137K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1802	+0.055%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1839	+0.225%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1803	+0.060%	$409K	$79K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1806	+0.076%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1807	+0.077%	$119K	$249K	20x	as long as short
Orderly PERP_TRUMP_USDClong	+0.0086%	4h	2.1790	long leg	$3K	$249K	10x
Paradex TRUMP-USD-PERP	+0.0091%	8h	2.1822	+0.146%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1800	+0.046%	$970K	$672K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1835	+0.207%	$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	2.1819	+0.133%	$455K	$832K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1825	+0.161%	$188K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1812	+0.099%	$62.1M	$218.5M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1820	+0.138%	$30.4M	$43.1M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1820	+0.138%	$26.7M	$149.4M	50x	as long as short
Gate TRUMP_USDTshort	+0.0100%	4h	2.1810	+0.092%	$7.3M	$47.2M	75x
MEXC TRUMP_USDC	+0.0100%	4h	2.1800	+0.046%	$479K	$133K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1810	+0.092%	$4.5M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1810	+0.092%	$15.4M	$20.8M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1852	+0.287%	$687K	$266K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1800	+0.046%	$178K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1830	+0.184%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1805	+0.069%	$70	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1850	+0.275%	$532K	$1.8M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1812	+0.099%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1814	+0.112%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1803	+0.060%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1820	+0.138%	$4.2M	$514K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0350%	1h	2.1833	+0.197%	$261K	$270K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1860	+0.321%	$281K	$398K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0524%	1h	2.1838	+0.222%	$1.3M	$2.5M	50x	as long as short