TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0133%/8h= −14.6% APRnext payment −$0.17 per $10,000 · paid last 24h +0.005%

Price spread now: Aevo against Kraken Futures−0.185%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aevo is 0.185% cheaper against Kraken Futures than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_TRUMPUSD	2.1635	0.0173	pay 0.0022% / 1h	3m 33s	$1.3M	$2.3M	50x
Short	Aevo TRUMP-PERP	2.1595	0.0040	get 0.0005% / 1h	3m 33s	$19K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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 Kraken FuturesbpFee AevobpOrdersPrice spread, now −0.185%Rate

Funding earned: −$27.92
Price spread: −0.185% → 0.000%: −$18.52
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$72.43
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 5 min ago; Aevo: no order-book sample. Net counts fees only.

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 Kraken Futures live order book, 5 min ago	4.63 bp	12.9 bp −$13	23.3 bp −$233	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1765%	1h	2.1490	−0.670%	$13K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0383%	1h	2.1605	−0.139%	$87	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1522	−0.525%	$5	—	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0236%	8h	2.1519	−0.538%	$5K	$175	5x	as long as short
Bybit TRUMPUSDT	−0.0211%	4h	2.1530	−0.486%	$30.7M	$50.7M	50x	as long as short
Gate TRUMP_USDT	−0.0182%	4h	2.1530	−0.486%	$7.8M	$52.5M	75x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0166%	1h	2.1617	−0.083%	$407K	$72K	10x	as long as short
Binance TRUMPUSDT	−0.0162%	4h	2.1520	−0.532%	$60.9M	$246.4M	75x	as long as short
Extended TRUMP-USD	−0.0160%	1h	2.1509	−0.581%	$76K	$718K	25x	as long as short
edgeX TRUMPUSDC	−0.0078%	4h	2.1604	−0.142%	$105K	$264K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRUMP	−0.0064%	1h	2.1526	−0.504%	$951K	$977K	10x	as long as short
Variational Omni TRUMP	−0.0058%	4h	2.1621	−0.064%	$668K	$437K	—	as long as short
dYdX TRUMP-USD	−0.0006%	1h	2.1537	−0.453%	$27K	$512	5x	as long as short
Orderly PERP_TRUMP_USDC	−0.0003%	4h	2.1610	−0.116%	$5K	$199K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0002%	4h	2.1600	−0.160%	$180K	$4.7M	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1625	−0.046%	$41K	—	150x	as long as short
Aevo TRUMP-PERPshort	+0.0040%	1h	2.1595	−0.185%	$19K	—	3x
OKX TRUMP-USDT-SWAP	+0.0061%	4h	2.1530	−0.486%	$27.6M	$178.9M	50x	as long as short
BloFin TRUMP-USDT	+0.0085%	4h	2.1610	−0.116%	$4.2M	$650K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1545	−0.416%	$13.6M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1551	−0.389%	$405K	$827K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1555	−0.370%	$186K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1520	−0.532%	$400K	$152K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1550	−0.393%	$4.2M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1530	−0.486%	$15.6M	$26.3M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1650	+0.069%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1640	+0.023%	$493K	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1620	−0.068%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSDlong	+0.0173%	1h	2.1635	long leg	$1.3M	$2.3M	50x
Backpack TRUMP_USDC_PERP	+0.0204%	1h	2.1644	+0.041%	$383K	$403K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1650	+0.069%	$298K	$301K	50x	as long as short