TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0309%/8h= −33.8% APRnext payment −$0.39 per $10,000 · paid last 24h −0.038%

Price spread now: Deribit against Aevo+0.056%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.056% dearer against Aevo than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo TRUMP-PERP	2.1455	0	get 0.0000% / 1h	46m 59s	$19K	—	3x
Short	Deribit TRUMP_USDC-PERPETUAL	2.1467	−0.0309	pay 0.0039% / 1h	46m 59s	$385K	$78K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Aevo. 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 AevobpFee DeribitbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$64.82
Price spread: +0.056% → 0.000%: $5.59
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$82.23
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Deribit: live order book, 64 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 Aevo no order-book sample	—	—	—	—	—
Sell Deribit live order book, 64 min ago	5.58 bp	10.5 bp −$10	19.3 bp −$193	doesn't fit	doesn't fit

Aevo: 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 32 exchanges

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
Variational Omni TRUMP	−0.0404%	4h	2.1470	+0.068%	$667K	$399K	—	as long as short
Bybit TRUMPUSDT	−0.0388%	4h	2.1470	+0.070%	$31.3M	$48.5M	50x	as long as short
OKX TRUMP-USDT-SWAP	−0.0346%	4h	2.1470	+0.070%	$27.3M	$172.7M	50x	as long as short
SoDEX TRUMP-USD	−0.0342%	1h	2.1455	0.000%	$73	$6K	5x	as long as short
Binance TRUMPUSDT	−0.0321%	4h	2.1470	+0.070%	$63.0M	$237.7M	75x	as long as short
Extended TRUMP-USD	−0.0320%	1h	2.1468	+0.060%	$74K	$491K	25x	as long as short
Deribit TRUMP_USDC-PERPETUALshort	−0.0309%	1h	2.1467	+0.056%	$385K	$78K	10x
Coinbase International TRUMP-PERP-INTX	−0.0296%	1h	2.1460	+0.023%	$131K	$515K	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1450	−0.025%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0242%	4h	2.1460	+0.023%	$7.8M	$47.2M	75x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0177%	8h	2.1474	+0.086%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0158%	4h	2.1471	+0.077%	$105K	$254K	20x	as long as short
MEXC TRUMP_USDC	−0.0158%	4h	2.1430	−0.117%	$388K	$142K	125x	as long as short
Lighter TRUMP	−0.0152%	1h	2.1460	+0.023%	$922K	$953K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0128%	4h	2.1480	+0.117%	$4.2M	$10.1M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0083%	4h	2.1460	+0.023%	$5K	$303K	10x	as long as short
BloFin TRUMP-USDT	−0.0081%	4h	2.1450	−0.023%	$4.4M	$674K	75x	as long as short
Bitget TRUMPUSDT	−0.0026%	4h	2.1460	+0.023%	$15.3M	$25.1M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1495	+0.187%	$25K	$3K	5x	as long as short
Aevo TRUMP-PERPlong	0.0000%	1h	2.1455	long leg	$19K	—	3x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1474	+0.088%	$40K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0023%	1h	2.1491	+0.167%	$1.3M	$1.9M	50x	as long as short
Injective TRUMP/USDC PERP	+0.0033%	1h	2.1600	+0.676%	$13K	$157K	12x	as long as short
GRVT TRUMP_USDT_Perp	+0.0034%	4h	2.1480	+0.116%	$171K	$4.0M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1477	+0.103%	$13.6M	$7.6M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1469	+0.063%	$404K	$644K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1495	+0.186%	$185K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1490	+0.163%	$2K	$1.4M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1490	+0.163%	$498K	$2.4M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1480	+0.117%	$149K	$358K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0185%	1h	2.1493	+0.177%	$381K	$394K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0197% / S −0.0193%	1h	2.1477	+0.103%	$11K	—	100x	as long as short