TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.42 per $10,000 · paid last 24h −0.001%

Price spread now: Gate against Orderly−0.181%7-day average +0.017% · you buy dearer than you sell

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

Long on Orderly Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 3 days (all we have)+0.149%+$15 · spread now −0.181%, 7d avg +0.017%

Together, before fees+0.215%+$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.197% cheaper against Orderly than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.017%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.066%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.2110	0.0087	pay 0.0044% / 4h	2h 39m	$3K	$236K	10x
Short	Gate TRUMP_USDT	2.2070	0.0004	get 0.0002% / 4h	2h 39m	$7.8M	$48.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Orderly. 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 OrderlybpFee GatebpOrdersPrice spread, now −0.181%Rate

Funding earned: −$17.5
Price spread: −0.181% → +0.017%: −$19.74
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$58.24
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Gate: live order book, 5 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Gate live order book, 5 min ago	4.50 bp	12.8 bp −$13	30.5 bp −$305	72.9 bp −$7,291	doesn't fit

Orderly: 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	−0.1623%	1h	2.1980	−0.588%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2112	+0.007%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2096	−0.065%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2114	+0.018%	$416K	$80K	10x	as long as short
Gate TRUMP_USDTshort	+0.0004%	4h	2.2070	−0.181%	$7.8M	$48.7M	75x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2125	+0.068%	$43K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2246	+0.616%	$108K	$262K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0078%	8h	2.2070	−0.180%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDClong	+0.0087%	4h	2.2110	long leg	$3K	$236K	10x
Lighter TRUMP	+0.0096%	1h	2.2107	−0.014%	$983K	$788K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRUMP	+0.0100%	1h	2.2110	0.000%	$14.8M	$6.9M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2121	+0.048%	$437K	$861K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.2086	−0.110%	$190K	$57K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2099	−0.051%	$64.2M	$235.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2080	−0.136%	$31.5M	$48.2M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2090	−0.090%	$28.9M	$170.3M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2080	−0.136%	$440K	$145K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2090	−0.090%	$4.1M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2090	−0.090%	$15.8M	$24.2M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2072	−0.174%	$698K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2068	−0.190%	$181K	$4.7M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2140	+0.136%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2110	0.000%	$80	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2220	+0.498%	$569K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2100	−0.046%	$76K	$599K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2084	−0.120%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2117	+0.034%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0315%	1h	2.2123	+0.059%	$259K	$323K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2230	+0.543%	$4.4M	$697K	75x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0510%	1h	2.2136	+0.117%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2100	−0.045%	$286K	$307K	50x	as long as short