TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h −0.002%

Price spread now: Orderly against KuCoin−0.139%7-day average −0.032% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.139%, 7d avg −0.032%

Together, before fees+0.095%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.107% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.032%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin TRUMPUSDTM	2.1550	0.0100	pay 0.0050% / 4h	10m 22s	$4.3M	$11.1M	50x
Short	Orderly PERP_TRUMP_USDC	2.1520	0.0043	get 0.0022% / 4h	10m 22s	$4K	$200K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against KuCoin. 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 KuCoinbpFee OrderlybpOrdersPrice spread, now −0.139%Rate

Funding earned: −$11.95
Price spread: −0.139% → −0.032%: −$10.72
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$40.67
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 8 min ago; Orderly: no order-book sample. Net counts fees only.

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 KuCoin live order book, 8 min ago	2.32 bp	20.0 bp −$20	90.9 bp −$909	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.1690%	1h	2.1450	−0.464%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1531	−0.086%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0121%	1h	2.1563	+0.060%	$406K	$72K	10x	as long as short
SoDEX TRUMP-USD	−0.0105%	1h	2.1558	+0.037%	$94	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0038%	4h	2.1540	−0.046%	$7.6M	$51.1M	75x	as long as short
Binance TRUMPUSDT	−0.0020%	4h	2.1525	−0.117%	$60.4M	$242.1M	75x	as long as short
Extended TRUMP-USD	−0.0016%	1h	2.1519	−0.144%	$74K	$721K	25x	as long as short
Variational Omni TRUMP	−0.0011%	4h	2.1571	+0.097%	$666K	$488K	—	as long as short
edgeX TRUMPUSDC	−0.0005%	4h	2.1545	−0.021%	$105K	$265K	20x	as long as short
dYdX TRUMP-USD	−0.0002%	1h	2.1536	−0.064%	$27K	$512	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter TRUMP	0.0000%	1h	2.1540	−0.046%	$953K	$957K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1536	−0.065%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0036%	8h	2.1521	−0.133%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDCshort	+0.0043%	4h	2.1520	−0.139%	$4K	$200K	10x
Aevo TRUMP-PERP	+0.0080%	1h	2.1550	0.000%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1548	−0.009%	$13.8M	$7.8M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1543	−0.031%	$422K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1540	−0.046%	$185K	$53K	10x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1530	−0.093%	$30.5M	$49.6M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1530	−0.093%	$27.2M	$173.4M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1540	−0.046%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTMlong	+0.0100%	4h	2.1550	long leg	$4.3M	$11.1M	50x
Bitget TRUMPUSDT	+0.0100%	4h	2.1540	−0.046%	$15.5M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1596	+0.213%	$341K	$361K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1529	−0.097%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1580	+0.139%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1580	+0.139%	$504K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1530	−0.093%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1587	+0.172%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0222%	4h	2.1550	0.000%	$4.1M	$683K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1580	+0.139%	$279K	$276K	50x	as long as short