TRUMP

Alert

Funding spread now, next payment 19:00 UTC−0.1802%/8h

next payment, per $10,000−$2.25paid, last 24h−0.498%paid, last 7 days−0.463%to open and close $10k−$127

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.463% in total (about -24.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.25 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	Pacifica TRUMP	2.1519	0.0100	pay 0.0013% / 1h	9m 44s	$185K	$70K	10x
Short	Injective TRUMP/USDC PERP	2.1420	−0.1702	pay 0.0213% / 1h	9m 44s	$12K	$81K	12x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee InjectivebpOrdersRate

Funding earned: −$378.33
Slippage, 4 orders: −$118.85
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$505.2
Break-even: never at this rate

Slippage from Pacifica: live order book, 24 min ago; Injective: live order book, 71 min ago.

Price risk

price view

Price gap now: −0.462%
Avg gap 7d: −0.011%

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 Pacifica live order book, 24 min ago	6.52 bp	11.0 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Injective live order book, 71 min ago	39.67 bp	39.7 bp −$40	doesn't fit	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 PERPshort	−0.1702%	1h	$12K	$81K	12x
Kraken Futures PF_TRUMPUSD	−0.0355%	1h	$1.0M	$2.0M	50x	as long as short
Lighter TRUMP	−0.0304%	1h	$962K	$583K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0086%	1h	$81	$6K	5x	as long as short
dYdX TRUMP-USD	−0.0022%	1h	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	$404K	$76K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	$41K	—	150x	as long as short
Gate TRUMP_USDT	+0.0040%	4h	$7.4M	$44.3M	75x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	$117K	$242K	20x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	+0.0051%	8h	$5K	—	5x	as long as short
MEXC TRUMP_USDC	+0.0056%	4h	$475K	$135K	125x	as long as short
Orderly PERP_TRUMP_USDC	+0.0095%	4h	$3K	$249K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	$13.7M	$7.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	$422K	$840K	20x	as long as short
Pacifica TRUMPlong	+0.0100%	1h	$185K	$70K	10x
Binance TRUMPUSDT	+0.0100%	4h	$61.6M	$207.7M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	$30.0M	$40.7M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	$26.7M	$143.3M	50x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	$4.4M	$9.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	$15.3M	$19.7M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	$669K	$230K	—	as long as short
SunX TRUMP-USDT	+0.0100%	4h	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	$498K	$1.6M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	$74K	$472K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0228% / S −0.0259%	1h	$11K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0283%	1h	$255K	$266K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	$4.2M	$468K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0424%	1h	$276K	$396K	50x	as long as short