TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0328%/8h= +35.9% APRnext payment +$1.64 per $10,000 · paid last 24h +0.020%

Price spread now: Aster against Gate0.000%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$480.481% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 4 days (all we have)+0.170%+$17 · spread now 0.000%, 7d avg +0.025%

Together, before fees+0.094%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.025% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.025%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.64 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRUMP_USDT	2.1490	−0.0228	get 0.0114% / 4h	1h 52m	$7.8M	$47.1M	75x
Short	Aster TRUMPUSDT	2.1490	0.0100	get 0.0050% / 4h	1h 52m	$405K	$644K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now 0.000%Rate

Funding earned: $68.88
Price spread: 0.000% → +0.025%: −$2.51
Slippage, 4 orders: −$25.09
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: $18.28
Costs to cover: 0.481%
Break-even: 5.1 days

Slippage from Gate: live order book, 5 min ago; Aster: live order book, 58 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 Gate live order book, 5 min ago	4.63 bp	15.1 bp −$15	34.5 bp −$345	77.2 bp −$7,719	doesn't fit
Sell Aster live order book, 58 min ago	4.66 bp	10.2 bp −$10	28.4 bp −$284	doesn't fit	doesn't fit

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	−0.0383%	4h	2.1569	+0.370%	$670K	$398K	—	as long as short
Bybit TRUMPUSDT	−0.0370%	4h	2.1480	−0.047%	$31.3M	$48.7M	50x	as long as short
SoDEX TRUMP-USD	−0.0354%	1h	2.1525	+0.163%	$71	$6K	5x	as long as short
OKX TRUMP-USDT-SWAP	−0.0340%	4h	2.1470	−0.093%	$27.2M	$173.2M	50x	as long as short
Extended TRUMP-USD	−0.0320%	1h	2.1468	−0.103%	$74K	$491K	25x	as long as short
Binance TRUMPUSDT	−0.0316%	4h	2.1480	−0.047%	$63.1M	$238.1M	75x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0308%	1h	2.1492	+0.009%	$386K	$78K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0296%	1h	2.1510	+0.093%	$132K	$516K	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1480	−0.047%	$5	—	10x	as long as short
Gate TRUMP_USDTlong	−0.0228%	4h	2.1490	long leg	$7.8M	$47.1M	75x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0174%	8h	2.1496	+0.027%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0155%	4h	2.1583	+0.431%	$105K	$253K	20x	as long as short
Lighter TRUMP	−0.0144%	1h	2.1481	−0.042%	$924K	$951K	10x	as long as short
MEXC TRUMP_USDC	−0.0142%	4h	2.1470	−0.093%	$388K	$142K	125x	as long as short
KuCoin TRUMPUSDTM	−0.0128%	4h	2.1480	−0.047%	$4.2M	$10.2M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0083%	4h	2.1470	−0.093%	$5K	$304K	10x	as long as short
BloFin TRUMP-USDT	−0.0073%	4h	2.1540	+0.233%	$4.3M	$677K	75x	as long as short
Bitget TRUMPUSDT	−0.0018%	4h	2.1480	−0.047%	$15.4M	$25.2M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1514	+0.110%	$25K	$3K	5x	as long as short
Aevo TRUMP-PERP	0.0000%	1h	2.1470	−0.093%	$19K	—	3x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1537	+0.219%	$41K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0023%	1h	2.1517	+0.124%	$1.3M	$2.0M	50x	as long as short
Injective TRUMP/USDC PERP	+0.0033%	1h	2.1600	+0.512%	$13K	$157K	12x	as long as short
GRVT TRUMP_USDT_Perp	+0.0036%	4h	2.1550	+0.281%	$178K	$4.1M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1502	+0.056%	$13.6M	$7.6M	10x	as long as short
Aster TRUMPUSDTshort	+0.0100%	4h	2.1490	0.000%	$405K	$644K	20x
Pacifica TRUMP	+0.0100%	1h	2.1496	+0.028%	$185K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1500	+0.047%	$2K	$1.4M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1510	+0.093%	$498K	$2.4M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1500	+0.047%	$147K	$354K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0192%	1h	2.1553	+0.293%	$381K	$395K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0195% / S −0.0191%	1h	2.1499	+0.040%	$11K	—	100x	as long as short