TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0342%/8h= −37.4% APRnext payment −$1.71 per $10,000 · paid last 24h −0.010%

Price spread now: Gate against Bitget0.000%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$520.521% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 7 days−0.017%−$2 · spread now 0.000%, 7d avg +0.011%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.027% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.71 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	Bitget TRUMPUSDT	2.1700	0.0100	pay 0.0050% / 4h	3h 25m	$15.7M	$25.9M	75x
Short	Gate TRUMP_USDT	2.1700	−0.0242	pay 0.0121% / 4h	3h 25m	$7.9M	$51.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bitget. 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 BitgetbpFee GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: −$71.82
Price spread: 0.000% → +0.011%: −$1.11
Slippage, 4 orders: −$25.06
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$124.99
Costs to cover: 0.521%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 4 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 Bitget live order book, 3 min ago	4.60 bp	12.7 bp −$13	27.8 bp −$278	74.4 bp −$7,437	doesn't fit
Sell Gate live order book, 4 min ago	2.30 bp	15.9 bp −$16	31.9 bp −$319	64.1 bp −$6,405	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	2.1580	−0.553%	$13K	$157K	12x	as long as short
Paradex TRUMP-USD-PERP	−0.0307%	8h	2.1703	+0.012%	$5K	$175	5x	as long as short
SoDEX TRUMP-USD	−0.0278%	1h	2.1685	−0.069%	$86	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0257%	1h	2.1700	0.000%	$408K	$72K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1691	−0.042%	$5	—	10x	as long as short
Gate TRUMP_USDTshort	−0.0242%	4h	2.1700	0.000%	$7.9M	$51.7M	75x
Binance TRUMPUSDT	−0.0089%	4h	2.1681	−0.088%	$61.4M	$245.5M	75x	as long as short
Extended TRUMP-USD	−0.0088%	1h	2.1679	−0.098%	$75K	$716K	25x	as long as short
edgeX TRUMPUSDC	−0.0040%	4h	2.1704	+0.017%	$106K	$263K	20x	as long as short
Variational Omni TRUMP	−0.0020%	4h	2.1681	−0.088%	$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	−0.0005%	1h	2.1720	+0.092%	$27K	$512	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1714	+0.065%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDC	+0.0021%	4h	2.1700	0.000%	$3K	$190K	10x	as long as short
Bybit TRUMPUSDT	+0.0063%	4h	2.1690	−0.046%	$30.7M	$50.2M	50x	as long as short
Aevo TRUMP-PERP	+0.0064%	1h	2.1680	−0.092%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0072%	1h	2.1687	−0.060%	$957K	$975K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0092%	4h	2.1790	+0.415%	$179K	$4.6M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1722	+0.101%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1712	+0.053%	$408K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1711	+0.052%	$187K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1690	−0.046%	$27.7M	$179.0M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1710	+0.046%	$407K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1710	+0.046%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDTlong	+0.0100%	4h	2.1700	long leg	$15.7M	$25.9M	75x
SunX TRUMP-USDT	+0.0100%	4h	2.1710	+0.046%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1720	+0.092%	$496K	$2.3M	50x	as long as short
BloFin TRUMP-USDT	+0.0151%	4h	2.1720	+0.092%	$4.2M	$665K	75x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1714	+0.066%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0172%	1h	2.1716	+0.074%	$1.3M	$2.2M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0253%	1h	2.1725	+0.115%	$341K	$376K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1890	+0.876%	$283K	$279K	50x	as long as short