TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0161%/8h= −17.6% APRnext payment −$0.81 per $10,000 · paid last 24h −0.004%

Price spread now: Orderly against SunX−0.047%7-day average −0.112% · you buy dearer than you sell

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

Long on SunX Short on Orderly

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)−0.048%−$5 · spread now −0.047%, 7d avg −0.112%

Together, before fees−0.195%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.065% dearer against SunX than usual: you sell high and buy low (spread −0.047% now, against its 7-day average of −0.112%): +$7 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−0.147% in total) that is about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX TRUMP-USDT	2.1440	0.0100	pay 0.0050% / 4h	1h 51m	$2K	$1.6M	50x
Short	Orderly PERP_TRUMP_USDC	2.1430	−0.0061	pay 0.0031% / 4h	1h 51m	$5K	$234K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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 SunXbpFee OrderlybpOrdersPrice spread, now −0.047%Rate

Funding earned: −$33.83
Price spread: −0.047% → −0.112%: $6.53
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$41.3
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 3 min ago; Orderly: 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 SunX live order book, 3 min ago	32.65 bp	65.8 bp −$66	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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	−0.1927%	1h	2.1310	−0.606%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1412	−0.132%	$5	—	10x	as long as short
Binance TRUMPUSDT	−0.0242%	4h	2.1383	−0.265%	$60.4M	$251.5M	75x	as long as short
Extended TRUMP-USD	−0.0240%	1h	2.1394	−0.214%	$74K	$742K	25x	as long as short
Variational Omni TRUMP	−0.0165%	4h	2.1451	+0.052%	$662K	$424K	—	as long as short
edgeX TRUMPUSDC	−0.0126%	4h	2.1445	+0.024%	$105K	$264K	20x	as long as short
Bybit TRUMPUSDT	−0.0120%	4h	2.1390	−0.233%	$30.3M	$52.3M	50x	as long as short
Paradex TRUMP-USD-PERP	−0.0108%	8h	2.1439	−0.005%	$5K	$175	5x	as long as short
Gate TRUMP_USDT	−0.0104%	4h	2.1390	−0.233%	$7.6M	$53.5M	75x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0099%	1h	2.1441	+0.006%	$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-SWAP	−0.0095%	4h	2.1370	−0.326%	$26.3M	$184.3M	50x	as long as short
Orderly PERP_TRUMP_USDCshort	−0.0061%	4h	2.1430	−0.047%	$5K	$234K	10x
Deribit TRUMP_USDC-PERPETUAL	−0.0030%	1h	2.1425	−0.070%	$403K	$81K	10x	as long as short
BloFin TRUMP-USDT	−0.0005%	4h	2.1450	+0.047%	$4.1M	$687K	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1446	+0.030%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1432	−0.037%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0016%	1h	2.1407	−0.152%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0048%	1h	2.1403	−0.173%	$944K	$1.0M	10x	as long as short
SoDEX TRUMP-USD	+0.0068%	1h	2.1415	−0.117%	$82	$6K	5x	as long as short
GRVT TRUMP_USDT_Perp	+0.0094%	4h	2.1440	0.000%	$182K	$4.6M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1416	−0.112%	$13.5M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1405	−0.163%	$402K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1443	+0.015%	$184K	$53K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1390	−0.233%	$398K	$148K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1400	−0.187%	$4.1M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1400	−0.187%	$15.2M	$27.1M	75x	as long as short
SunX TRUMP-USDTlong	+0.0100%	4h	2.1440	long leg	$2K	$1.6M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1430	−0.047%	$483K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1424	−0.076%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1430	−0.047%	$205K	$419K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0425%	1h	2.1432	−0.037%	$380K	$415K	10x	as long as short