TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.43 per $10,000 · paid last 24h +0.003%

Price spread now: HTX against Gate+0.271%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$780.781% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.079%+$8 on $10k

Price spread, last 3 days (all we have)−0.215%−$22 · spread now +0.271%, 7d avg +0.092%

Together, before fees−0.137%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.180% dearer against Gate than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.092%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRUMP_USDT	2.2120	0.0014	pay 0.0007% / 4h	2h 36m	$7.8M	$48.9M	75x
Short	HTX TRUMP-USDT	2.2180	0.0100	get 0.0050% / 4h	2h 36m	$553K	$2.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.271%Rate

Funding earned: $18.06
Price spread: +0.271% → +0.092%: $17.95
Slippage, 4 orders: −$51.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$42.12
Costs to cover: 0.781%
Break-even: 23.3 days

Slippage from Gate: live order book, 3 min ago; HTX: live order book, 3 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, 3 min ago	2.27 bp	17.2 bp −$17	38.3 bp −$383	87.2 bp −$8,721	doesn't fit
Sell HTX live order book, 3 min ago	9.06 bp	20.4 bp −$20	43.2 bp −$432	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	−0.1623%	1h	2.1900	−0.995%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2137	+0.075%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2057	−0.286%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2138	+0.081%	$417K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2134	+0.064%	$43K	—	150x	as long as short
Gate TRUMP_USDTlong	+0.0014%	4h	2.2120	long leg	$7.8M	$48.9M	75x
edgeX TRUMPUSDC	+0.0050%	4h	2.2067	−0.241%	$107K	$262K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0077%	8h	2.2098	−0.101%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0087%	4h	2.2130	+0.045%	$3K	$240K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2117	−0.014%	$983K	$789K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRUMP	+0.0100%	1h	2.2159	+0.176%	$14.8M	$7.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2136	+0.072%	$438K	$861K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.2081	−0.176%	$190K	$57K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2135	+0.068%	$64.3M	$236.1M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2130	+0.045%	$31.7M	$48.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2120	0.000%	$29.0M	$170.7M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2130	+0.045%	$441K	$145K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2120	0.000%	$4.1M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2140	+0.090%	$15.8M	$24.2M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2122	+0.007%	$697K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2076	−0.198%	$182K	$4.7M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2170	+0.226%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2129	+0.041%	$80	$6K	5x	as long as short
HTX TRUMP-USDTshort	+0.0100%	4h	2.2180	+0.271%	$553K	$2.0M	50x
Extended TRUMP-USD	+0.0104%	1h	2.2119	−0.002%	$76K	$599K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2125	+0.023%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2138	+0.082%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0309%	1h	2.2078	−0.190%	$258K	$323K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2230	+0.497%	$4.4M	$697K	75x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0510%	1h	2.2148	+0.127%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2120	0.000%	$287K	$307K	50x	as long as short