TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.78 per $10,000 · paid last 24h +0.003%

Price spread now: Bitget against Gate−0.046%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$500.496% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.032%−$3 on $10k

Price spread, last 7 days+0.063%+$6 · spread now −0.046%, 7d avg −0.011%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.036% cheaper against Gate than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of −0.011%). If the spread goes back, that is −$4 on $10k: about 18 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRUMP_USDT	2.1550	−0.0056	get 0.0028% / 4h	16m 35s	$7.6M	$51.0M	75x
Short	Bitget TRUMPUSDT	2.1540	0.0100	get 0.0050% / 4h	16m 35s	$15.5M	$25.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.046%Rate

Funding earned: $32.76
Price spread: −0.046% → −0.011%: −$3.56
Slippage, 4 orders: −$22.58
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$20.39
Costs to cover: 0.496%
Break-even: 11.4 days

Slippage from Gate: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago	2.32 bp	15.4 bp −$15	28.1 bp −$281	75.6 bp −$7,557	doesn't fit
Sell Bitget live order book, 2 min ago	2.32 bp	8.3 bp −$8	12.3 bp −$123	45.6 bp −$4,560	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	−0.1690%	1h	2.1430	−0.557%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1542	−0.039%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0119%	1h	2.1555	+0.023%	$94	$6K	5x	as long as short
Gate TRUMP_USDTlong	−0.0056%	4h	2.1550	long leg	$7.6M	$51.0M	75x
Lighter TRUMP	−0.0048%	1h	2.1542	−0.037%	$953K	$957K	10x	as long as short
Binance TRUMPUSDT	−0.0010%	4h	2.1542	−0.038%	$60.5M	$241.7M	75x	as long as short
Variational Omni TRUMP	−0.0009%	4h	2.1551	+0.005%	$665K	$488K	—	as long as short
Extended TRUMP-USD	−0.0008%	1h	2.1534	−0.073%	$75K	$716K	25x	as long as short
edgeX TRUMPUSDC	−0.0005%	4h	2.1546	−0.017%	$105K	$264K	20x	as long as short
dYdX TRUMP-USD	−0.0002%	1h	2.1556	+0.028%	$27K	$512	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1562	+0.056%	$406K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1565	+0.068%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0032%	8h	2.1535	−0.071%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0044%	4h	2.1550	0.000%	$4K	$206K	10x	as long as short
Aevo TRUMP-PERP	+0.0080%	1h	2.1550	0.000%	$19K	—	3x	as long as short
Bybit TRUMPUSDT	+0.0082%	4h	2.1540	−0.046%	$30.5M	$49.6M	50x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1569	+0.088%	$14.5M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1579	+0.134%	$423K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1562	+0.056%	$185K	$53K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1540	−0.046%	$27.2M	$173.5M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1550	0.000%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1560	+0.046%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDTshort	+0.0100%	4h	2.1540	−0.046%	$15.5M	$25.6M	75x
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1585	+0.162%	$253K	$318K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1530	−0.092%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1580	+0.139%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1580	+0.139%	$504K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1569	+0.088%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1588	+0.176%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0230%	4h	2.1560	+0.046%	$4.2M	$683K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1560	+0.046%	$279K	$280K	50x	as long as short