TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0163%/8h= +17.9% APRnext payment +$0.82 per $10,000 · paid last 24h +0.004%

Price spread now: HTX against Orderly+0.093%7-day average +0.112% · you sell dearer than you buy

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

Long on Orderly Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.093%, 7d avg +0.112%

Together, before fees+0.078%+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.112%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.1570	−0.0063	get 0.0032% / 4h	2h 07m	$5K	$233K	10x
Short	HTX TRUMP-USDT	2.1590	0.0100	get 0.0050% / 4h	2h 07m	$484K	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.093%Rate

Funding earned: $34.32
Price spread: +0.093% → +0.112%: −$1.91
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee HTX: 6 bp × 2 orders: −$12
Net: $14.42
Costs to cover: 0.180%
Break-even: 4.1 days

Slippage unknown: Orderly: no order-book sample; HTX: 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 HTX live order book, 2 min ago	6.95 bp	23.8 bp −$24	46.5 bp −$465	doesn't fit	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	−0.1827%	1h	2.1480	−0.417%	$13K	$157K	12x	as long as short
Lighter TRUMP	−0.0368%	1h	2.1563	−0.032%	$953K	$1.0M	10x	as long as short
SoDEX TRUMP-USD	−0.0301%	1h	2.1570	0.000%	$82	$6K	5x	as long as short
Extended TRUMP-USD	−0.0280%	1h	2.1569	−0.005%	$74K	$739K	25x	as long as short
Binance TRUMPUSDT	−0.0277%	4h	2.1504	−0.305%	$60.6M	$251.6M	75x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1571	+0.007%	$5	—	10x	as long as short
Bybit TRUMPUSDT	−0.0226%	4h	2.1500	−0.325%	$30.5M	$52.2M	50x	as long as short
Variational Omni TRUMP	−0.0193%	4h	2.1511	−0.272%	$664K	$426K	—	as long as short
Paradex TRUMP-USD-PERP	−0.0175%	8h	2.1568	−0.010%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0139%	4h	2.1508	−0.289%	$105K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	−0.0121%	1h	2.1580	+0.046%	$406K	$72K	10x	as long as short
Gate TRUMP_USDT	−0.0118%	4h	2.1560	−0.046%	$7.7M	$53.8M	75x	as long as short
OKX TRUMP-USDT-SWAP	−0.0082%	4h	2.1520	−0.232%	$26.6M	$185.0M	50x	as long as short
Orderly PERP_TRUMP_USDClong	−0.0063%	4h	2.1570	long leg	$5K	$233K	10x
BloFin TRUMP-USDT	−0.0037%	4h	2.1570	0.000%	$4.1M	$691K	75x	as long as short
dYdX TRUMP-USD	−0.0017%	1h	2.1596	+0.121%	$27K	$501	5x	as long as short
Aevo TRUMP-PERP	+0.0008%	1h	2.1565	−0.023%	$19K	—	3x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1584	+0.066%	$41K	—	150x	as long as short
GRVT TRUMP_USDT_Perp	+0.0018%	4h	2.1520	−0.232%	$182K	$4.7M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1549	−0.097%	$13.5M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1529	−0.188%	$405K	$774K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1574	+0.017%	$186K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1530	−0.185%	$401K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1580	+0.046%	$4.2M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1550	−0.093%	$15.4M	$27.0M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1590	+0.093%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDTshort	+0.0100%	4h	2.1590	+0.093%	$484K	$2.4M	50x
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1580	+0.047%	$9K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0197%	1h	2.1599	+0.136%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0262%	1h	2.1582	+0.056%	$384K	$412K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1580	+0.046%	$238K	$379K	50x	as long as short