TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.06 per $10,000 · paid last 24h −0.002%

Price spread now: Orderly against Aster−0.068%7-day average −0.031% · you buy dearer than you sell

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

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 3 days (all we have)+0.031%+$3 · spread now −0.068%, 7d avg −0.031%

Together, before fees+0.054%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Orderly is 0.037% cheaper against Aster than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TRUMPUSDT	2.2155	0.0100	pay 0.0050% / 4h	44m 53s	$462K	$835K	20x
Short	Orderly PERP_TRUMP_USDC	2.2140	0.0089	get 0.0044% / 4h	44m 53s	$3K	$249K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aster. 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 AsterbpFee OrderlybpOrdersPrice spread, now −0.068%Rate

Funding earned: −$2.33
Price spread: −0.068% → −0.031%: −$3.73
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$20.06
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 33 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 Aster live order book, 33 min ago	4.57 bp	9.9 bp −$10	22.6 bp −$226	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	−0.1537%	1h	2.2030	−0.565%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2142	−0.058%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2167	+0.054%	$28K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2139	−0.073%	$415K	$76K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2138	−0.076%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2151	−0.016%	$121K	$249K	20x	as long as short
Orderly PERP_TRUMP_USDCshort	+0.0089%	4h	2.2140	−0.068%	$3K	$249K	10x
Paradex TRUMP-USD-PERP	+0.0096%	8h	2.2143	−0.052%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2136	−0.086%	$992K	$738K	10x	as long as short
Aster TRUMPUSDTlong	+0.0100%	4h	2.2155	long leg	$462K	$835K	20x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.2156	+0.005%	$191K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2130	−0.113%	$63.8M	$223.2M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2130	−0.113%	$31.1M	$44.0M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2130	−0.113%	$27.4M	$153.4M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.2130	−0.113%	$7.5M	$48.0M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2110	−0.203%	$484K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2150	−0.023%	$4.7M	$10.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2140	−0.068%	$15.7M	$21.3M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2142	−0.058%	$650K	$373K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2190	+0.158%	$194K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2170	+0.067%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2136	−0.086%	$75	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2190	+0.158%	$567K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2121	−0.154%	$76K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2130	−0.113%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.2133	−0.102%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2150	−0.023%	$4.2M	$639K	75x	as long as short
Hyperliquid TRUMP	+0.0343%	1h	2.2157	+0.009%	$14.3M	$7.5M	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0424%	1h	2.2240	+0.383%	$287K	$401K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0583%	1h	2.2156	+0.004%	$261K	$278K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0862%	1h	2.2169	+0.063%	$1.3M	$2.5M	50x	as long as short