TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0334%/8h= +36.6% APRnext payment +$1.67 per $10,000 · paid last 24h +0.008%

Price spread now: Aster against Binance+0.053%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$370.375% of the position

Long on Binance Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.053%, 7d avg +0.026%

Together, before fees+0.029%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Aster is 0.027% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.026%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.057% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.67 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	Binance TRUMPUSDT	2.1422	−0.0234	get 0.0117% / 4h	1h 48m	$60.4M	$251.9M	75x
Short	Aster TRUMPUSDT	2.1433	0.0100	get 0.0050% / 4h	1h 48m	$402K	$778K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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 BinancebpFee AsterbpOrdersPrice spread, now +0.053%Rate

Funding earned: $70.22
Price spread: +0.053% → +0.026%: $2.72
Slippage, 4 orders: −$19.5
Fee Binance: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: $35.45
Costs to cover: 0.375%
Break-even: 3.5 days

Slippage from Binance: live order book, 10 min ago; Aster: live order book, 59 min ago.

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 Binance live order book, 10 min ago	2.33 bp	7.3 bp −$7	11.5 bp −$115	37.4 bp −$3,743	257.6 bp −$128.8K
Sell Aster live order book, 59 min ago	4.66 bp	14.2 bp −$14	26.1 bp −$261	doesn't fit	doesn't fit

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	2.1340	−0.381%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1422	0.000%	$5	—	10x	as long as short
Binance TRUMPUSDTlong	−0.0234%	4h	2.1422	long leg	$60.4M	$251.9M	75x
Extended TRUMP-USD	−0.0232%	1h	2.1409	−0.058%	$74K	$742K	25x	as long as short
Variational Omni TRUMP	−0.0154%	4h	2.1411	−0.048%	$660K	$424K	—	as long as short
edgeX TRUMPUSDC	−0.0123%	4h	2.1428	+0.028%	$105K	$264K	20x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0098%	1h	2.1443	+0.099%	$1.3M	$2.3M	50x	as long as short
Paradex TRUMP-USD-PERP	−0.0097%	8h	2.1443	+0.097%	$5K	$175	5x	as long as short
Gate TRUMP_USDT	−0.0096%	4h	2.1430	+0.039%	$7.7M	$53.5M	75x	as long as short
Bybit TRUMPUSDT	−0.0091%	4h	2.1420	−0.008%	$30.3M	$52.4M	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	−0.0090%	4h	2.1410	−0.055%	$26.4M	$184.8M	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0077%	1h	2.1423	+0.006%	$403K	$81K	10x	as long as short
Orderly PERP_TRUMP_USDC	−0.0059%	4h	2.1410	−0.055%	$5K	$236K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1457	+0.163%	$27K	$501	5x	as long as short
BloFin TRUMP-USDT	+0.0006%	4h	2.1420	−0.008%	$4.1M	$686K	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1435	+0.062%	$40K	—	150x	as long as short
SoDEX TRUMP-USD	+0.0009%	1h	2.1419	−0.013%	$82	$6K	5x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1405	−0.078%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1411	−0.050%	$945K	$1.0M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1430	+0.039%	$13.5M	$8.0M	10x	as long as short
Aster TRUMPUSDTshort	+0.0100%	4h	2.1433	+0.053%	$402K	$778K	20x
Pacifica TRUMP	+0.0100%	1h	2.1451	+0.135%	$184K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1420	−0.008%	$399K	$148K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1430	+0.039%	$4.1M	$11.2M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1420	−0.008%	$15.2M	$27.1M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1420	−0.008%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1460	+0.179%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1440	+0.085%	$483K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1440	+0.084%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1430	+0.039%	$205K	$419K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0415%	1h	2.1457	+0.165%	$380K	$415K	10x	as long as short