TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.34 per $10,000 · paid last 24h +0.004%

Price spread now: SunX against Orderly+0.092%7-day average +0.113% · you sell dearer than you buy

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

Long on Orderly Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.092%, 7d avg +0.113%

Together, before fees+0.182%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.021% cheaper against Orderly than usual: you would sell low and buy high (spread +0.092% now, against its 7-day average of +0.113%). If the spread goes back, that is −$2 on $10k: about 25 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.1800	0.0033	pay 0.0016% / 4h	3h 40m	$4K	$171K	10x
Short	SunX TRUMP-USDT	2.1820	0.0100	get 0.0050% / 4h	3h 40m	$2K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.092%Rate

Funding earned: $14.15
Price spread: +0.092% → +0.113%: −$2.1
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$1.95
Costs to cover: 0.140%
Break-even: 8.0 days

Slippage unknown: Orderly: no order-book sample; SunX: 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 SunX live order book, 5 min ago	32.02 bp	92.6 bp −$93	doesn't fit	doesn't fit	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	−0.1765%	1h	2.1650	−0.688%	$13K	$157K	12x	as long as short
Bybit TRUMPUSDT	−0.0279%	4h	2.1800	0.000%	$30.8M	$50.0M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1801	+0.007%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0200%	1h	2.1797	−0.014%	$95	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0117%	1h	2.1807	+0.032%	$410K	$72K	10x	as long as short
Binance TRUMPUSDT	−0.0057%	4h	2.1810	+0.046%	$61.7M	$244.7M	75x	as long as short
Extended TRUMP-USD	−0.0056%	1h	2.1789	−0.051%	$75K	$722K	25x	as long as short
Gate TRUMP_USDT	−0.0040%	4h	2.1800	0.000%	$7.8M	$51.2M	75x	as long as short
Variational Omni TRUMP	−0.0032%	4h	2.1791	−0.040%	$676K	$513K	—	as long as short
edgeX TRUMPUSDC	−0.0022%	4h	2.1861	+0.280%	$107K	$263K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TRUMP-USD	0.0000%	1h	2.1826	+0.120%	$27K	$512	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1820	+0.094%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDClong	+0.0033%	4h	2.1800	long leg	$4K	$171K	10x
Paradex TRUMP-USD-PERP	+0.0036%	8h	2.1799	−0.006%	$5K	$175	5x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1780	−0.092%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1800	0.000%	$965K	$968K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1825	+0.115%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1816	+0.072%	$428K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1809	+0.039%	$188K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1790	−0.046%	$27.9M	$179.1M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1810	+0.046%	$409K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1810	+0.046%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1820	+0.092%	$15.9M	$25.9M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1840	+0.183%	$179K	$4.6M	10x	as long as short
SunX TRUMP-USDTshort	+0.0100%	4h	2.1820	+0.092%	$2K	$1.6M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1830	+0.138%	$509K	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1816	+0.074%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0171%	1h	2.1828	+0.128%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0190%	4h	2.1810	+0.046%	$4.2M	$681K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0366%	1h	2.1841	+0.188%	$344K	$376K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1850	+0.229%	$282K	$279K	50x	as long as short