TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0248%/8h= +27.2% APRnext payment +$0.31 per $10,000 · paid last 24h +0.098%

Price spread now: Coinbase International against Extended−0.974%7-day average +0.125% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$154as in the Price arb table

costs, in and out, $10k−$440.441% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.290%+$29 on $10k

Price spread, last 4 days (all we have)+0.977%+$98 · spread now −0.974%, 7d avg +0.125%

Together, before fees+1.267%+ Points / potential airdropExtended: Active · farm board+$127 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 1.099% cheaper against Extended than usual: you would sell low and buy high (spread −0.974% now, against its 7-day average of +0.125%). If the spread goes back, that is −$110 on $10k: about 15 days of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TRUMP-USD	2.1540	−0.0192	get 0.0024% / 1h	10m 11s	$74K	$496K	25x
Short	Coinbase International TRUMP-PERP-INTX	2.1330	0.0056	get 0.0007% / 1h	10m 11s	$167K	$479K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now −0.974%Rate

Funding earned: $52.08
Price spread: −0.974% → +0.125%: −$109.92
Slippage, 4 orders: −$29.15
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$101.98
Costs to cover: 0.441%
Break-even: 20.7 days

Slippage from Extended: live order book, 27 min ago; Coinbase International: live order book, 28 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 Extended live order book, 27 min ago	7.01 bp	10.1 bp −$10	33.0 bp −$330	doesn't fit	doesn't fit
Sell Coinbase International live order book, 28 min ago	7.01 bp	12.0 bp −$12	16.1 bp −$161	doesn't fit	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	−0.1797%	1h	2.1380	−0.742%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0349%	1h	2.1545	+0.024%	$76	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1552	+0.058%	$5	—	10x	as long as short
Variational Omni TRUMP	−0.0243%	4h	2.1482	−0.267%	$663K	$423K	—	as long as short
Extended TRUMP-USDlong	−0.0192%	1h	2.1540	long leg	$74K	$496K	25x
OKX TRUMP-USDT-SWAP	−0.0190%	4h	2.1540	+0.001%	$26.9M	$184.9M	50x	as long as short
Binance TRUMPUSDT	−0.0189%	4h	2.1550	+0.047%	$60.9M	$250.8M	75x	as long as short
Bybit TRUMPUSDT	−0.0186%	4h	2.1550	+0.047%	$30.6M	$52.4M	50x	as long as short
Lighter TRUMP	−0.0176%	1h	2.1543	+0.015%	$942K	$1.0M	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0104%	8h	2.1502	−0.176%	$5K	$175	5x	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	−0.0100%	4h	2.1540	+0.001%	$7.7M	$53.4M	75x	as long as short
edgeX TRUMPUSDC	−0.0092%	4h	2.1442	−0.456%	$105K	$254K	20x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0075%	1h	2.1561	+0.099%	$406K	$81K	10x	as long as short
Orderly PERP_TRUMP_USDC	−0.0070%	4h	2.1540	+0.001%	$5K	$278K	10x	as long as short
dYdX TRUMP-USD	−0.0004%	1h	2.1526	−0.064%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1555	+0.073%	$41K	—	150x	as long as short
KuCoin TRUMPUSDTM	+0.0024%	4h	2.1550	+0.047%	$4.1M	$10.8M	50x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1532	−0.037%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0053%	4h	2.1500	−0.185%	$4.1M	$688K	75x	as long as short
Coinbase International TRUMP-PERP-INTXshort	+0.0056%	1h	2.1330	−0.974%	$167K	$479K	50x
Bitget TRUMPUSDT	+0.0080%	4h	2.1550	+0.047%	$15.3M	$27.0M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1553	+0.061%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1557	+0.080%	$404K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1517	−0.106%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1540	+0.001%	$400K	$149K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1500	−0.185%	$179K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1570	+0.140%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1560	+0.094%	$495K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1559	+0.087%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0298%	1h	2.1575	+0.164%	$385K	$418K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0596%	1h	2.1572	+0.151%	$1.3M	$2.3M	50x	as long as short