TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.41 per $10,000 · paid last 24h +0.004%

Price spread now: SunX against Orderly+0.139%7-day average +0.113% · you sell dearer than you buy

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

Long on Orderly Short on SunX

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)−0.012%−$1 · spread now +0.139%, 7d avg +0.113%

Together, before fees+0.135%+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.026% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.1650	0.0019	pay 0.0009% / 4h	3h 23m	$3K	$190K	10x
Short	SunX TRUMP-USDT	2.1680	0.0100	get 0.0050% / 4h	3h 23m	$1K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.139%Rate

Funding earned: $17.06
Price spread: +0.139% → +0.113%: $2.58
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: $5.64
Costs to cover: 0.140%
Break-even: 4.7 days

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 12 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 SunX live order book, 12 min ago	32.01 bp	92.6 bp −$93	doesn't fit	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	−0.1765%	1h	2.1580	−0.323%	$13K	$157K	12x	as long as short
Paradex TRUMP-USD-PERP	−0.0306%	8h	2.1662	+0.056%	$5K	$175	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0304%	1h	2.1663	+0.060%	$408K	$72K	10x	as long as short
SoDEX TRUMP-USD	−0.0296%	1h	2.1645	−0.023%	$86	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1661	+0.051%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0224%	4h	2.1670	+0.092%	$7.8M	$51.8M	75x	as long as short
Binance TRUMPUSDT	−0.0099%	4h	2.1660	+0.048%	$61.3M	$245.5M	75x	as long as short
Extended TRUMP-USD	−0.0096%	1h	2.1664	+0.065%	$74K	$716K	25x	as long as short
edgeX TRUMPUSDC	−0.0040%	4h	2.1704	+0.248%	$106K	$263K	20x	as long as short
Variational Omni TRUMP	−0.0020%	4h	2.1681	+0.143%	$670K	$516K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TRUMP-USD	−0.0009%	1h	2.1672	+0.102%	$27K	$512	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1684	+0.158%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDClong	+0.0019%	4h	2.1650	long leg	$3K	$190K	10x
Lighter TRUMP	+0.0056%	1h	2.1667	+0.079%	$957K	$975K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0058%	4h	2.1690	+0.185%	$177K	$4.6M	10x	as long as short
Bybit TRUMPUSDT	+0.0063%	4h	2.1670	+0.092%	$30.7M	$50.2M	50x	as long as short
Aevo TRUMP-PERP	+0.0064%	1h	2.1642	−0.037%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1688	+0.176%	$13.7M	$7.9M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1692	+0.196%	$408K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1675	+0.114%	$186K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1670	+0.092%	$27.7M	$178.9M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1670	+0.092%	$406K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1670	+0.092%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1680	+0.139%	$15.7M	$25.9M	75x	as long as short
SunX TRUMP-USDTshort	+0.0100%	4h	2.1680	+0.139%	$1K	$1.6M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1670	+0.092%	$495K	$2.3M	50x	as long as short
BloFin TRUMP-USDT	+0.0151%	4h	2.1720	+0.323%	$4.2M	$665K	75x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1678	+0.130%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0173%	1h	2.1674	+0.109%	$1.3M	$2.2M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0229%	1h	2.1688	+0.176%	$340K	$377K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1660	+0.046%	$280K	$276K	50x	as long as short