TRUMP

Alert

Funding spread now, next payment 18:00 UTC−0.1781%/8h

next payment, per $10,000−$2.23paid, last 24h−0.496%paid, last 5 days−0.360%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 5 days it paid -0.360% in total (about -28.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo TRUMP-PERP	2.1455	0.0104	pay 0.0013% / 1h	44m 58s	$19K	—	3x
Short	Injective TRUMP/USDC PERP	2.1360	−0.1677	pay 0.0210% / 1h	44m 58s	$12K	$109K	12x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee InjectivebpOrdersRate

Funding earned: −$373.94
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$389.96
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Injective: live order book, 40 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.445%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Aevo no order-book sample	—	—	—	—	—
Sell Injective live order book, 40 min ago	46.45 bp	46.5 bp −$46	doesn't fit	doesn't fit	doesn't fit

Aevo: 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 30 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERPshort	−0.1677%	1h	$12K	$109K	12x
Reya TRUMPRUSDPERP	−0.0245%	1h	$5	—	10x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0155%	1h	$1.0M	$2.0M	50x	as long as short
Lighter TRUMP	−0.0008%	1h	$960K	$578K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	$27K	$481	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	$402K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	$55K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	$117K	$243K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0080%	8h	$5K	—	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0092%	4h	$3K	$249K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Hyperliquid TRUMP	+0.0100%	1h	$13.8M	$7.3M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	$426K	$847K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	$185K	$70K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	$61.5M	$204.6M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	$29.9M	$40.1M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	$26.3M	$141.2M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	$7.3M	$43.3M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	$489K	$131K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	$4.4M	$9.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	$15.0M	$19.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	$255K	$259K	10x	as long as short
Variational Omni TRUMP	+0.0100%	4h	$669K	$239K	—	as long as short
SunX TRUMP-USDT	+0.0100%	4h	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	$85	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	$509K	$1.6M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	$74K	$474K	25x	as long as short
Aevo TRUMP-PERPlong	+0.0104%	1h	$19K	—	3x
GMX TRUMP/USD [ETH-USDC]	L +0.0229% / S −0.0264%	1h	$12K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	$4.2M	$453K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0496%	1h	$285K	$387K	50x	as long as short