TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.002%

Price spread now: Orderly against Aster−0.064%7-day average −0.034% · you buy dearer than you sell

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

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 4 days (all we have)−0.184%−$18 · spread now −0.064%, 7d avg −0.034%

Together, before fees−0.161%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.030% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.034%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TRUMPUSDT	2.1744	0.0100	pay 0.0050% / 4h	1h 27m	$430K	$827K	20x
Short	Orderly PERP_TRUMP_USDC	2.1730	0.0074	get 0.0037% / 4h	1h 27m	$4K	$239K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.064%Rate

Funding earned: −$5.36
Price spread: −0.064% → −0.034%: −$2.98
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$22.35
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 35 min ago; Orderly: no order-book sample. 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 Aster live order book, 35 min ago	4.55 bp	9.9 bp −$10	19.6 bp −$196	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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	−0.1659%	1h	2.1710	−0.156%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1741	−0.015%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0074%	4h	2.1740	−0.018%	$7.6M	$50.0M	75x	as long as short
Lighter TRUMP	−0.0024%	1h	2.1721	−0.105%	$967K	$795K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1764	+0.093%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1735	−0.041%	$409K	$72K	10x	as long as short
SoDEX TRUMP-USD	+0.0008%	1h	2.1725	−0.087%	$84	$6K	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1754	+0.047%	$42K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0040%	8h	2.1731	−0.060%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1761	+0.077%	$106K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit TRUMPUSDT	+0.0053%	4h	2.1710	−0.156%	$31.0M	$48.4M	50x	as long as short
Orderly PERP_TRUMP_USDCshort	+0.0074%	4h	2.1730	−0.064%	$4K	$239K	10x
Hyperliquid TRUMP	+0.0100%	1h	2.1755	+0.051%	$14.4M	$7.6M	10x	as long as short
Aster TRUMPUSDTlong	+0.0100%	4h	2.1744	long leg	$430K	$827K	20x
Pacifica TRUMP	+0.0100%	1h	2.1755	+0.050%	$187K	$55K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1724	−0.093%	$62.9M	$237.5M	75x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1720	−0.110%	$27.4M	$170.3M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1720	−0.110%	$423K	$144K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1750	+0.028%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1730	−0.064%	$15.5M	$25.1M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1831	+0.399%	$685K	$453K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1840	+0.443%	$178K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1780	+0.166%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1780	+0.166%	$533K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1714	−0.137%	$115K	$706K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1715	−0.133%	$19K	—	3x	as long as short
Backpack TRUMP_USDC_PERP	+0.0110%	1h	2.1760	+0.074%	$255K	$320K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1757	+0.061%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0288%	1h	2.1759	+0.069%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1760	+0.074%	$4.2M	$657K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1650	−0.432%	$280K	$297K	50x	as long as short