TRUMP

Alert

Funding spread now, next payment 16:00 UTC+0.1121%/8h

next payment, per $10,000+$1.40paid, last 24h+0.540%paid, last 7 days+0.122%to open and close $10k−$127

Long on Injective Short on Kraken Futures

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.122% in total (about 6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.40 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	Injective TRUMP/USDC PERP	2.1370	−0.1587	get 0.0198% / 1h	23m 32s	$12K	$174K	12x
Short	Kraken Futures PF_TRUMPUSD	2.1506	−0.0467	pay 0.0058% / 1h	23m 32s	$1.0M	$2.0M	50x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Kraken FuturesbpOrdersRate

Funding earned: $235.37
Slippage, 4 orders: −$117.47
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $107.88
Break-even: 3.8 days

Slippage from Injective: live order book, 7 min ago; Kraken Futures: live order book, 2 min ago.

Price risk

price view

Price gap now: +0.635%
Avg gap 7d: +0.066%

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 Injective live order book, 7 min ago	39.78 bp	53.8 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 2 min ago	4.65 bp	12.7 bp −$13	24.6 bp −$246	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 PERPlong	−0.1587%	1h	$12K	$174K	12x
Kraken Futures PF_TRUMPUSDshort	−0.0467%	1h	$1.0M	$2.0M	50x
Reya TRUMPRUSDPERP	−0.0245%	1h	$5	—	10x	as long as short
Lighter TRUMP	−0.0016%	1h	$962K	$622K	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	$393K	$73K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	$117K	$241K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0055%	8h	$5K	—	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0093%	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	$11.2M	$5.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	$432K	$882K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	$187K	$73K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	$61.9M	$193.8M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	$29.5M	$38.1M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	$25.9M	$138.9M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	$7.3M	$40.7M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	$454K	$125K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	$4.3M	$8.5M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	$15.0M	$18.8M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	$597K	$166K	—	as long as short
SunX TRUMP-USDT	+0.0100%	4h	$2K	$1.4M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	$77	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	$468K	$1.6M	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	+0.0171%	1h	$258K	$267K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0230% / S −0.0264%	1h	$12K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0336%	1h	$285K	$388K	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	$4.3M	$462K	75x	as long as short