TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0413%/8h= −45.2% APRnext payment −$2.06 per $10,000 · paid last 24h −0.016%

Price spread now: Bybit against Aster−0.033%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$390.394% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.100%−$10 · spread now −0.033%, 7d avg −0.030%

Together, before fees−0.098%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.06 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	Aster TRUMPUSDT	2.1457	0.0100	pay 0.0050% / 4h	3h 41m	$403K	$719K	20x
Short	Bybit TRUMPUSDT	2.1450	−0.0313	pay 0.0156% / 4h	3h 41m	$30.6M	$51.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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 AsterbpFee BybitbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$86.63
Price spread: −0.033% → −0.030%: −$0.31
Slippage, 4 orders: −$20.41
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$126.34
Costs to cover: 0.394%
Break-even: never at this rate

Slippage from Aster: live order book, 56 min ago; Bybit: live order book, 3 min ago.

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 Aster live order book, 56 min ago	4.67 bp	10.2 bp −$10	23.9 bp −$239	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	2.33 bp	12.5 bp −$12	18.3 bp −$183	98.9 bp −$9,892	doesn't fit

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	−0.1829%	1h	2.1360	−0.452%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0651%	1h	2.1445	−0.056%	$71	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0542%	1h	2.1451	−0.028%	$388K	$81K	10x	as long as short
Bybit TRUMPUSDTshort	−0.0313%	4h	2.1450	−0.033%	$30.6M	$51.8M	50x
Variational Omni TRUMP	−0.0275%	4h	2.1541	+0.393%	$664K	$415K	—	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1452	−0.025%	$5	—	10x	as long as short
Binance TRUMPUSDT	−0.0241%	4h	2.1430	−0.126%	$60.8M	$247.0M	75x	as long as short
Extended TRUMP-USD	−0.0240%	1h	2.1440	−0.082%	$74K	$494K	25x	as long as short
Lighter TRUMP	−0.0232%	1h	2.1440	−0.080%	$937K	$988K	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0227%	4h	2.1450	−0.033%	$26.9M	$182.7M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0182%	4h	2.1460	+0.014%	$7.7M	$49.6M	75x	as long as short
Paradex TRUMP-USD-PERP	−0.0151%	8h	2.1460	+0.013%	$5K	$175	5x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1450	−0.033%	$166K	$473K	50x	as long as short
edgeX TRUMPUSDC	−0.0111%	4h	2.1536	+0.369%	$105K	$254K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0094%	4h	2.1460	+0.014%	$5K	$291K	10x	as long as short
GRVT TRUMP_USDT_Perp	−0.0090%	4h	2.1502	+0.210%	$181K	$4.3M	10x	as long as short
KuCoin TRUMPUSDTM	−0.0024%	4h	2.1460	+0.014%	$4.1M	$10.7M	50x	as long as short
dYdX TRUMP-USD	−0.0017%	1h	2.1496	+0.183%	$27K	$586	5x	as long as short
BloFin TRUMP-USDT	−0.0001%	4h	2.1430	−0.126%	$4.2M	$685K	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1455	−0.011%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1428	−0.138%	$19K	—	3x	as long as short
Bitget TRUMPUSDT	+0.0038%	4h	2.1460	+0.014%	$15.3M	$26.6M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1475	+0.084%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDTlong	+0.0100%	4h	2.1457	long leg	$403K	$719K	20x
Pacifica TRUMP	+0.0100%	1h	2.1473	+0.074%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1460	+0.014%	$399K	$148K	125x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1470	+0.060%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1470	+0.060%	$500K	$2.5M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0121%	1h	2.1478	+0.099%	$1.3M	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1511	+0.249%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0340%	1h	2.1504	+0.219%	$381K	$420K	10x	as long as short