TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0368%/8h= +40.3% APRnext payment +$1.84 per $10,000 · paid last 24h +0.018%

Price spread now: Bitget against Gate0.000%7-day average −0.012% · 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−$46as in the Price arb table

costs, in and out, $10k−$470.470% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 7 days+0.017%+$2 · spread now 0.000%, 7d avg −0.012%

Together, before fees−0.003%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$11 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 -0.021% in total (about -1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.84 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	Gate TRUMP_USDT	2.1390	−0.0348	get 0.0174% / 4h	3h 33m	$7.7M	$49.7M	75x
Short	Bitget TRUMPUSDT	2.1390	0.0020	get 0.0010% / 4h	3h 33m	$15.2M	$26.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: $77.28
Price spread: 0.000% → −0.012%: $1.22
Slippage, 4 orders: −$19.98
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: $31.53
Costs to cover: 0.470%
Break-even: 4.1 days

Slippage from Gate: live order book, 6 min ago; Bitget: live order book, 1 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, 6 min ago	2.33 bp	11.8 bp −$12	23.0 bp −$230	67.6 bp −$6,759	doesn't fit
Sell Bitget live order book, 1 min ago	2.34 bp	12.9 bp −$13	16.4 bp −$164	44.1 bp −$4,408	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	−0.1829%	1h	2.1350	−0.187%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0534%	1h	2.1385	−0.023%	$69	$6K	5x	as long as short
Bybit TRUMPUSDT	−0.0495%	4h	2.1400	+0.047%	$30.6M	$51.7M	50x	as long as short
Gate TRUMP_USDTlong	−0.0348%	4h	2.1390	long leg	$7.7M	$49.7M	75x
Variational Omni TRUMP	−0.0300%	4h	2.1451	+0.287%	$662K	$415K	—	as long as short
Extended TRUMP-USD	−0.0256%	1h	2.1364	−0.119%	$74K	$494K	25x	as long as short
Binance TRUMPUSDT	−0.0252%	4h	2.1400	+0.047%	$61.3M	$247.6M	75x	as long as short
OKX TRUMP-USDT-SWAP	−0.0249%	4h	2.1390	0.000%	$26.8M	$181.9M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1429	+0.183%	$5	—	10x	as long as short
Lighter TRUMP	−0.0232%	1h	2.1390	0.000%	$935K	$990K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	−0.0217%	1h	2.1389	−0.005%	$387K	$81K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0162%	8h	2.1363	−0.128%	$5K	$175	5x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1360	−0.140%	$148K	$493K	50x	as long as short
edgeX TRUMPUSDC	−0.0126%	4h	2.1455	+0.305%	$105K	$253K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0100%	4h	2.1370	−0.094%	$5K	$296K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0054%	4h	2.1370	−0.094%	$4.1M	$10.7M	50x	as long as short
GRVT TRUMP_USDT_Perp	−0.0042%	4h	2.1454	+0.298%	$181K	$4.3M	10x	as long as short
dYdX TRUMP-USD	−0.0022%	1h	2.1387	−0.016%	$26K	$805	5x	as long as short
BloFin TRUMP-USDT	−0.0012%	4h	2.1380	−0.047%	$4.2M	$684K	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1405	+0.068%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0016%	1h	2.1434	+0.207%	$19K	—	3x	as long as short
Bitget TRUMPUSDTshort	+0.0020%	4h	2.1390	0.000%	$15.2M	$26.6M	75x
MEXC TRUMP_USDC	+0.0094%	4h	2.1370	−0.094%	$397K	$148K	125x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1413	+0.108%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1410	+0.095%	$407K	$716K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1397	+0.033%	$184K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1430	+0.187%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1420	+0.140%	$495K	$2.5M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0121%	1h	2.1424	+0.158%	$1.3M	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1385	−0.024%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0284%	1h	2.1425	+0.164%	$382K	$422K	10x	as long as short