TRUMP

Alert

Funding spread now, next payment 16:00 UTC−0.1821%/8h

next payment, per $10,000−$2.28paid, last 24h−0.555%paid, last 7 days−0.625%to open and close $10k−$102

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.625% in total (about -32.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.28 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	Backpack TRUMP_USDC_PERP	2.1639	0.0233	pay 0.0029% / 1h	41m 32s	$256K	$264K	10x
Short	Injective TRUMP/USDC PERP	2.1540	−0.1587	pay 0.0198% / 1h	41m 32s	$13K	$174K	12x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BackpackbpFee InjectivebpOrdersRate

Funding earned: −$382.31
Slippage, 4 orders: −$92.38
Fee Backpack: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$484.71
Break-even: never at this rate

Slippage from Backpack: live order book, 8 min ago; Injective: live order book, 54 min ago.

Price risk

price view

Price gap now: −0.458%
Avg gap 7d: −0.076%

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 Backpack live order book, 8 min ago	0.23 bp	5.8 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Injective live order book, 54 min ago	39.71 bp	39.7 bp −$40	doesn't fit	doesn't fit	doesn't fit

TRUMP on 30 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective TRUMP/USDC PERPshort	−0.1587%	1h	$13K	$174K	12x
Kraken Futures PF_TRUMPUSD	−0.0464%	1h	$1.0M	$2.0M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	$5	—	10x	as long as short
Lighter TRUMP	−0.0120%	1h	$966K	$610K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	$27K	$572	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	$395K	$73K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	$41K	—	150x	as long as short
SoDEX TRUMP-USD	+0.0047%	1h	$82	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	+0.0049%	8h	$5K	—	5x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	$118K	$234K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0092%	4h	$3K	$249K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	$11.3M	$5.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	$438K	$876K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	$188K	$73K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	$63.0M	$189.5M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	$29.6M	$37.2M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	$26.3M	$136.1M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	$7.4M	$38.9M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	$456K	$124K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	$4.3M	$8.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	$15.3M	$18.4M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	$607K	$165K	—	as long as short
SunX TRUMP-USDT	+0.0100%	4h	$2K	$1.4M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	$473K	$1.5M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	$55K	$464K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0230% / S −0.0264%	1h	$12K	—	100x	as long as short
Backpack TRUMP_USDC_PERPlong	+0.0233%	1h	$256K	$264K	10x
Coinbase International TRUMP-PERP-INTX	+0.0336%	1h	$291K	$422K	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	$4.3M	$464K	75x	as long as short