TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.002%

Price spread now: Aster against Orderly+0.035%7-day average +0.030% · you sell dearer than you buy

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

Long on Orderly Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 3 days (all we have)+0.048%+$5 · spread now +0.035%, 7d avg +0.030%

Together, before fees+0.024%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.1910	0.0086	pay 0.0043% / 4h	1h 47m	$3K	$249K	10x
Short	Aster TRUMPUSDT	2.1918	0.0100	get 0.0050% / 4h	1h 47m	$457K	$831K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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 OrderlybpFee AsterbpOrdersPrice spread, now +0.035%Rate

Funding earned: $2.94
Price spread: +0.035% → +0.030%: $0.52
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$10.54
Costs to cover: 0.140%
Break-even: 32.1 days

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 35 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 35 min ago	2.28 bp	8.0 bp −$8	21.6 bp −$216	doesn't fit	doesn't fit

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	−0.1472%	1h	2.1740	−0.776%	$13K	$137K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1924	+0.062%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1908	−0.010%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1919	+0.041%	$411K	$79K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1920	+0.046%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1857	−0.241%	$119K	$248K	20x	as long as short
Orderly PERP_TRUMP_USDClong	+0.0086%	4h	2.1910	long leg	$3K	$249K	10x
Paradex TRUMP-USD-PERP	+0.0087%	8h	2.1910	−0.002%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1906	−0.018%	$975K	$670K	10x	as long as short
Aster TRUMPUSDTshort	+0.0100%	4h	2.1918	+0.035%	$457K	$831K	20x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.1922	+0.054%	$189K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1926	+0.074%	$62.5M	$217.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1930	+0.091%	$30.7M	$42.7M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1920	+0.046%	$26.8M	$149.2M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1910	0.000%	$7.3M	$46.8M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1910	0.000%	$481K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1920	+0.046%	$4.7M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1930	+0.091%	$15.6M	$20.6M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1863	−0.214%	$683K	$261K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1860	−0.228%	$182K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1940	+0.137%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1910	0.000%	$70	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1960	+0.228%	$518K	$1.7M	50x	as long as short
Hyperliquid TRUMP	+0.0102%	1h	2.1936	+0.119%	$14.1M	$7.4M	10x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1912	+0.008%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1898	−0.056%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1922	+0.053%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0258%	1h	2.1938	+0.128%	$260K	$268K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1870	−0.183%	$4.2M	$519K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1860	−0.228%	$281K	$399K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0521%	1h	2.1934	+0.110%	$1.3M	$2.4M	50x	as long as short