TRUMP

Alert

Funding spread now, next payment 14:00 UTC−0.1951%/8h

next payment, per $10,000−$2.44paid, last 24h−0.569%paid, last 7 days−0.452%to open and close $10k−$141

Long on Coinbase International Short on Injective

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.452% in total (about -23.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.44 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	Coinbase International TRUMP-PERP-INTX	2.1290	0.0408	pay 0.0051% / 1h	25m 00s	$276K	$369K	50x
Short	Injective TRUMP/USDC PERP	2.1270	−0.1543	pay 0.0193% / 1h	25m 00s	$12K	$131K	12x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee InjectivebpOrdersRate

Funding earned: −$409.8
Slippage, 4 orders: −$130.88
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$550.69
Break-even: never at this rate

Slippage from Coinbase International: live order book, 29 min ago; Injective: live order book, 10 min ago.

Price risk

price view

Price gap now: −0.094%
Avg gap 7d: −0.026%

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 Coinbase International live order book, 29 min ago	16.50 bp	21.5 bp −$21	25.4 bp −$254	doesn't fit	doesn't fit
Sell Injective live order book, 10 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	−0.1543%	1h	$12K	$131K	12x
Reya TRUMPRUSDPERP	−0.0245%	1h	$5	—	10x	as long as short
Lighter TRUMP	0.0000%	1h	$959K	$606K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	$27K	$342	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	$391K	$70K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	$40K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0020%	1h	$1.0M	$1.9M	50x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	$116K	$220K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0078%	8h	$5K	—	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0099%	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	$11.1M	$5.4M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	$221K	$545K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	$186K	$74K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	$61.5M	$179.6M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	$29.2M	$35.7M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	$25.9M	$128.0M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	$7.3M	$35.5M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	$415K	$119K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	$4.3M	$8.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	$15.0M	$17.5M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	$590K	$192K	—	as long as short
SunX TRUMP-USDT	+0.0100%	4h	$2K	$1.3M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	$84	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	$465K	$1.4M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	$54K	$464K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	$19K	—	3x	as long as short
Backpack TRUMP_USDC_PERP	+0.0226%	1h	$253K	$247K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0229% / S −0.0264%	1h	$11K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	$4.2M	$432K	75x	as long as short
Coinbase International TRUMP-PERP-INTXlong	+0.0408%	1h	$276K	$369K	50x