TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.010%

Price spread now: Gate against OKX+0.094%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$420.423% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 7 days−0.094%−$9 · spread now +0.094%, 7d avg +0.023%

Together, before fees−0.068%−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.071% dearer against OKX than usual: you sell high and buy low (spread +0.094% now, against its 7-day average of +0.023%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 25 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TRUMP-USDT-SWAP	2.1380	−0.0095	get 0.0047% / 4h	1h 52m	$26.4M	$184.3M	50x
Short	Gate TRUMP_USDT	2.1400	−0.0104	pay 0.0052% / 4h	1h 52m	$7.6M	$53.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now +0.094%Rate

Funding earned: −$1.96
Price spread: +0.094% → +0.023%: $7.09
Slippage, 4 orders: −$17.28
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$37.15
Costs to cover: 0.423%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Gate: 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 OKX live order book, 2 min ago	2.33 bp	7.3 bp −$7	10.7 bp −$107	37.4 bp −$3,740	doesn't fit
Sell Gate live order book, 2 min ago	2.33 bp	15.4 bp −$15	29.0 bp −$290	77.7 bp −$7,765	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	−0.1927%	1h	2.1310	−0.327%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1412	+0.148%	$5	—	10x	as long as short
Binance TRUMPUSDT	−0.0242%	4h	2.1394	+0.067%	$60.4M	$251.5M	75x	as long as short
Extended TRUMP-USD	−0.0240%	1h	2.1419	+0.183%	$74K	$742K	25x	as long as short
Variational Omni TRUMP	−0.0165%	4h	2.1451	+0.333%	$662K	$424K	—	as long as short
edgeX TRUMPUSDC	−0.0126%	4h	2.1445	+0.305%	$105K	$264K	20x	as long as short
Bybit TRUMPUSDT	−0.0120%	4h	2.1400	+0.094%	$30.4M	$52.3M	50x	as long as short
Paradex TRUMP-USD-PERP	−0.0108%	8h	2.1439	+0.275%	$5K	$175	5x	as long as short
Gate TRUMP_USDTshort	−0.0104%	4h	2.1400	+0.094%	$7.6M	$53.5M	75x
Kraken Futures PF_TRUMPUSD	−0.0099%	1h	2.1441	+0.287%	$1.3M	$2.3M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX TRUMP-USDT-SWAPlong	−0.0095%	4h	2.1380	long leg	$26.4M	$184.3M	50x
Orderly PERP_TRUMP_USDC	−0.0061%	4h	2.1430	+0.234%	$5K	$234K	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0030%	1h	2.1425	+0.210%	$403K	$81K	10x	as long as short
BloFin TRUMP-USDT	−0.0005%	4h	2.1450	+0.327%	$4.1M	$687K	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1446	+0.310%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1432	+0.243%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0016%	1h	2.1407	+0.128%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0048%	1h	2.1403	+0.108%	$944K	$1.0M	10x	as long as short
SoDEX TRUMP-USD	+0.0068%	1h	2.1415	+0.164%	$82	$6K	5x	as long as short
GRVT TRUMP_USDT_Perp	+0.0094%	4h	2.1440	+0.281%	$182K	$4.6M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1416	+0.168%	$13.5M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1412	+0.152%	$402K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1443	+0.295%	$184K	$53K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1410	+0.140%	$399K	$148K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1430	+0.234%	$4.1M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1410	+0.140%	$15.2M	$27.1M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1440	+0.281%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1430	+0.234%	$483K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1424	+0.205%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1430	+0.234%	$205K	$419K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0425%	1h	2.1432	+0.243%	$380K	$415K	10x	as long as short