TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0205%/8h= +22.5% APRnext payment +$1.03 per $10,000 · paid last 24h +0.008%

Price spread now: Bitget against Binance+0.036%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$360.361% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.114%+$11 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.036%, 7d avg −0.005%

Together, before fees+0.103%+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.042% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.005%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.114% in total (about 6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.03 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	2.1692	−0.0105	get 0.0053% / 4h	3h 21m	$61.4M	$245.9M	75x
Short	Bitget TRUMPUSDT	2.1700	0.0100	get 0.0050% / 4h	3h 21m	$15.7M	$26.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.036%Rate

Funding earned: $43.1
Price spread: +0.036% → −0.005%: $4.17
Slippage, 4 orders: −$14.13
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $11.13
Costs to cover: 0.361%
Break-even: 5.2 days

Slippage from Binance: live order book, 7 min ago; Bitget: live order book, 2 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, 7 min ago	2.30 bp	7.3 bp −$7	12.9 bp −$129	38.2 bp −$3,817	259.2 bp −$129.6K
Sell Bitget live order book, 2 min ago	2.31 bp	8.7 bp −$9	17.7 bp −$177	51.6 bp −$5,160	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	−0.1765%	1h	2.1550	−0.655%	$13K	$157K	12x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0351%	1h	2.1611	−0.374%	$407K	$72K	10x	as long as short
SoDEX TRUMP-USD	−0.0323%	1h	2.1605	−0.402%	$86	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	−0.0300%	8h	2.1690	−0.012%	$5K	$175	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1611	−0.372%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0196%	4h	2.1700	+0.036%	$7.9M	$51.9M	75x	as long as short
Binance TRUMPUSDTlong	−0.0105%	4h	2.1692	long leg	$61.4M	$245.9M	75x
Extended TRUMP-USD	−0.0096%	1h	2.1699	+0.032%	$74K	$714K	25x	as long as short
edgeX TRUMPUSDC	−0.0040%	4h	2.1704	+0.053%	$106K	$263K	20x	as long as short
Variational Omni TRUMP	−0.0020%	4h	2.1681	−0.051%	$670K	$516K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TRUMP-USD	−0.0008%	1h	2.1706	+0.064%	$27K	$512	5x	as long as short
Bybit TRUMPUSDT	−0.0007%	4h	2.1690	−0.010%	$30.7M	$50.3M	50x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1625	−0.310%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0016%	4h	2.1620	−0.332%	$4K	$193K	10x	as long as short
Lighter TRUMP	+0.0032%	1h	2.1670	−0.102%	$957K	$975K	10x	as long as short
Aevo TRUMP-PERP	+0.0056%	1h	2.1590	−0.471%	$19K	—	3x	as long as short
GRVT TRUMP_USDT_Perp	+0.0058%	4h	2.1690	−0.010%	$177K	$4.6M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1688	−0.019%	$13.7M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1697	+0.023%	$408K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1697	+0.021%	$187K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1690	−0.010%	$27.7M	$179.3M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1690	−0.010%	$407K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1670	−0.102%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDTshort	+0.0100%	4h	2.1700	+0.036%	$15.7M	$26.0M	75x
SunX TRUMP-USDT	+0.0100%	4h	2.1630	−0.286%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1620	−0.332%	$494K	$2.3M	50x	as long as short
BloFin TRUMP-USDT	+0.0141%	4h	2.1660	−0.148%	$4.2M	$663K	75x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1620	−0.331%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0173%	1h	2.1629	−0.291%	$1.3M	$2.2M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0209%	1h	2.1628	−0.296%	$339K	$377K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1630	−0.286%	$280K	$276K	50x	as long as short