TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRnext payment +$1.02 per $10,000 · paid last 24h +0.010%

Price spread now: Aster against Gate−0.011%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$460.456% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.085%−$8 on $10k

Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.011%, 7d avg +0.024%

Together, before fees+0.018%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.034% cheaper against Gate than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.024%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.02 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	Gate TRUMP_USDT	2.1500	−0.0104	get 0.0052% / 4h	14m 06s	$7.7M	$53.4M	75x
Short	Aster TRUMPUSDT	2.1498	0.0100	get 0.0050% / 4h	14m 06s	$403K	$778K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now −0.011%Rate

Funding earned: $42.84
Price spread: −0.011% → +0.024%: −$3.43
Slippage, 4 orders: −$22.57
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$6.16
Costs to cover: 0.456%
Break-even: 8.0 days

Slippage from Gate: live order book, 5 min ago; Aster: live order book, 24 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 Gate live order book, 5 min ago	2.33 bp	12.5 bp −$12	27.9 bp −$279	70.9 bp −$7,089	doesn't fit
Sell Aster live order book, 24 min ago	4.67 bp	8.9 bp −$9	20.1 bp −$201	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	2.1350	−0.698%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0339%	1h	2.1486	−0.065%	$76	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1432	−0.316%	$5	—	10x	as long as short
Variational Omni TRUMP	−0.0226%	4h	2.1452	−0.225%	$662K	$423K	—	as long as short
Lighter TRUMP	−0.0208%	1h	2.1485	−0.070%	$939K	$1.0M	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0197%	4h	2.1490	−0.047%	$26.7M	$184.4M	50x	as long as short
Binance TRUMPUSDT	−0.0185%	4h	2.1500	0.000%	$60.7M	$250.4M	75x	as long as short
Extended TRUMP-USD	−0.0184%	1h	2.1480	−0.093%	$74K	$496K	25x	as long as short
Bybit TRUMPUSDT	−0.0165%	4h	2.1490	−0.047%	$30.5M	$52.5M	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0122%	1h	2.1500	0.000%	$405K	$81K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDTlong	−0.0104%	4h	2.1500	long leg	$7.7M	$53.4M	75x
Paradex TRUMP-USD-PERP	−0.0102%	8h	2.1483	−0.078%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0091%	4h	2.1446	−0.253%	$105K	$253K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0069%	4h	2.1490	−0.047%	$5K	$278K	10x	as long as short
dYdX TRUMP-USD	−0.0005%	1h	2.1504	+0.019%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1506	+0.027%	$41K	—	150x	as long as short
KuCoin TRUMPUSDTM	+0.0024%	4h	2.1480	−0.093%	$4.1M	$10.8M	50x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1480	−0.093%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0055%	4h	2.1450	−0.233%	$4.1M	$687K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1330	−0.791%	$167K	$479K	50x	as long as short
Bitget TRUMPUSDT	+0.0082%	4h	2.1520	+0.093%	$15.3M	$27.1M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1531	+0.144%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDTshort	+0.0100%	4h	2.1498	−0.011%	$403K	$778K	20x
Pacifica TRUMP	+0.0100%	1h	2.1485	−0.070%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1490	−0.047%	$400K	$149K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1450	−0.232%	$173K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1500	0.000%	$1K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1500	0.000%	$483K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1468	−0.151%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0289%	1h	2.1534	+0.158%	$384K	$419K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0597%	1h	2.1513	+0.061%	$1.3M	$2.3M	50x	as long as short