TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.002%

Price spread now: OKX against Orderly−0.045%7-day average −0.009% · you buy dearer than you sell

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

Long on Orderly Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.045%, 7d avg −0.009%

Together, before fees+0.073%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.036% cheaper against Orderly than usual: you would sell low and buy high (spread −0.045% now, against its 7-day average of −0.009%). If the spread goes back, that is −$4 on $10k: about 9.5 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.2090	0.0087	pay 0.0044% / 4h	2h 41m	$3K	$237K	10x
Short	OKX TRUMP-USDT-SWAP	2.2080	0.0100	get 0.0050% / 4h	2h 41m	$28.9M	$169.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.045%Rate

Funding earned: $2.66
Price spread: −0.045% → −0.009%: −$3.62
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$16.96
Costs to cover: 0.160%
Break-even: 51.6 days

Slippage unknown: Orderly: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago	2.24 bp	7.2 bp −$7	11.1 bp −$111	43.1 bp −$4,306	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	−0.1623%	1h	2.1990	−0.453%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2102	+0.053%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2120	+0.136%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2077	−0.059%	$416K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2085	−0.022%	$43K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2246	+0.707%	$108K	$262K	20x	as long as short
Gate TRUMP_USDT	+0.0056%	4h	2.2080	−0.045%	$7.8M	$48.5M	75x	as long as short
Lighter TRUMP	+0.0072%	1h	2.2117	+0.122%	$983K	$788K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0077%	8h	2.2144	+0.243%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDClong	+0.0087%	4h	2.2090	long leg	$3K	$237K	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRUMP	+0.0100%	1h	2.2135	+0.204%	$14.9M	$6.9M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2149	+0.268%	$438K	$860K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.2136	+0.206%	$191K	$57K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2082	−0.036%	$64.0M	$234.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2070	−0.091%	$31.5M	$47.9M	50x	as long as short
OKX TRUMP-USDT-SWAPshort	+0.0100%	4h	2.2080	−0.045%	$28.9M	$169.0M	50x
MEXC TRUMP_USDC	+0.0100%	4h	2.2110	+0.091%	$441K	$144K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2120	+0.136%	$4.1M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2080	−0.045%	$15.8M	$24.0M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2072	−0.083%	$698K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2190	+0.453%	$192K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2120	+0.136%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2079	−0.050%	$80	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2140	+0.226%	$575K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2070	−0.092%	$76K	$601K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2070	−0.091%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2098	+0.038%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0328%	1h	2.2213	+0.557%	$260K	$319K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2230	+0.634%	$4.4M	$697K	75x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0511%	1h	2.2101	+0.051%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2100	+0.045%	$286K	$307K	50x	as long as short