TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against Orderly+0.007%7-day average +0.011% · you sell dearer than you buy

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

Long on Orderly Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.007%, 7d avg +0.011%

Together, before fees−0.088%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.1730	0.0073	pay 0.0037% / 4h	1h 26m	$4K	$239K	10x
Short	Binance TRUMPUSDT	2.1731	0.0100	get 0.0050% / 4h	1h 26m	$62.9M	$237.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.007%Rate

Funding earned: $5.56
Price spread: +0.007% → +0.011%: −$0.49
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$10.92
Costs to cover: 0.160%
Break-even: 20.7 days

Slippage unknown: Orderly: no order-book sample; Binance: live order book, 2 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 Binance live order book, 2 min ago	2.30 bp	7.3 bp −$7	12.2 bp −$122	37.8 bp −$3,783	185.4 bp −$92.7K

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	−0.1659%	1h	2.1620	−0.506%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1741	+0.050%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0062%	4h	2.1740	+0.046%	$7.6M	$50.0M	75x	as long as short
Lighter TRUMP	−0.0040%	1h	2.1722	−0.037%	$967K	$795K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1736	+0.026%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1741	+0.051%	$409K	$72K	10x	as long as short
SoDEX TRUMP-USD	+0.0003%	1h	2.1730	0.000%	$84	$6K	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1745	+0.067%	$42K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0040%	8h	2.1726	−0.017%	$5K	$175	5x	as long as short
Bybit TRUMPUSDT	+0.0050%	4h	2.1730	0.000%	$31.0M	$48.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TRUMPUSDC	+0.0050%	4h	2.1802	+0.330%	$106K	$262K	20x	as long as short
Orderly PERP_TRUMP_USDClong	+0.0073%	4h	2.1730	long leg	$4K	$239K	10x
Hyperliquid TRUMP	+0.0100%	1h	2.1765	+0.162%	$14.4M	$7.6M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1758	+0.127%	$430K	$827K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1740	+0.047%	$187K	$55K	10x	as long as short
Binance TRUMPUSDTshort	+0.0100%	4h	2.1731	+0.007%	$62.9M	$237.3M	75x
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1740	+0.046%	$27.4M	$170.3M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1730	0.000%	$417K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1750	+0.092%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1740	+0.046%	$15.5M	$25.1M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1831	+0.463%	$685K	$453K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1750	+0.093%	$177K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1760	+0.138%	$1K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1770	+0.184%	$533K	$1.9M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0103%	1h	2.1762	+0.147%	$255K	$319K	10x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1719	−0.050%	$115K	$706K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1718	−0.057%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1739	+0.044%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0288%	1h	2.1761	+0.144%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1700	−0.138%	$4.2M	$655K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1650	−0.368%	$280K	$297K	50x	as long as short