TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0114%/8h= +12.4% APRnext payment +$0.57 per $10,000 · paid last 24h +0.064%

Price spread now: BloFin against Orderly+0.139%7-day average +0.013% · you sell dearer than you buy

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

Long on Orderly Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.339%+$34 on $10k

Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.139%, 7d avg +0.013%

Together, before fees+0.201%+$20 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 BloFin is 0.125% dearer against Orderly than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.1650	0.0011	pay 0.0005% / 4h	3h 14m	$4K	$189K	10x
Short	BloFin TRUMP-USDT	2.1680	0.0124	get 0.0062% / 4h	3h 14m	$4.2M	$663K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.139%Rate

Funding earned: $23.84
Price spread: +0.139% → +0.013%: $12.54
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: $18.38
Costs to cover: 0.180%
Break-even: 1.6 days

Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 9 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 BloFin live order book, 9 min ago	4.62 bp	10.6 bp −$11	10.6 bp −$106	20.7 bp −$2,074	84.7 bp −$42.3K

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	−0.1765%	1h	2.1570	−0.370%	$13K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0321%	1h	2.1640	−0.046%	$88	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0304%	1h	2.1657	+0.032%	$408K	$72K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0268%	8h	2.1664	+0.067%	$5K	$175	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1661	+0.053%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0130%	4h	2.1660	+0.046%	$7.9M	$52.1M	75x	as long as short
Binance TRUMPUSDT	−0.0116%	4h	2.1650	0.000%	$61.2M	$246.1M	75x	as long as short
Extended TRUMP-USD	−0.0112%	1h	2.1639	−0.051%	$77K	$718K	25x	as long as short
edgeX TRUMPUSDC	−0.0057%	4h	2.1685	+0.161%	$106K	$265K	20x	as long as short
Variational Omni TRUMP	−0.0041%	4h	2.1651	+0.006%	$669K	$488K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit TRUMPUSDT	−0.0034%	4h	2.1650	0.000%	$30.7M	$50.4M	50x	as long as short
dYdX TRUMP-USD	−0.0007%	1h	2.1686	+0.167%	$27K	$512	5x	as long as short
Lighter TRUMP	0.0000%	1h	2.1642	−0.037%	$956K	$976K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1684	+0.157%	$41K	—	150x	as long as short
Orderly PERP_TRUMP_USDClong	+0.0011%	4h	2.1650	long leg	$4K	$189K	10x
GRVT TRUMP_USDT_Perp	+0.0042%	4h	2.1666	+0.076%	$182K	$4.7M	10x	as long as short
Aevo TRUMP-PERP	+0.0056%	1h	2.1633	−0.078%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1667	+0.079%	$13.7M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1660	+0.046%	$408K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1675	+0.113%	$187K	$52K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1640	−0.046%	$27.6M	$179.1M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1650	0.000%	$406K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1650	0.000%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1670	+0.092%	$15.7M	$26.1M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1670	+0.092%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1660	+0.046%	$494K	$2.3M	50x	as long as short
BloFin TRUMP-USDTshort	+0.0124%	4h	2.1680	+0.139%	$4.2M	$663K	75x
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1678	+0.130%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0173%	1h	2.1675	+0.115%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0193%	1h	2.1685	+0.162%	$384K	$399K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1680	+0.139%	$280K	$277K	50x	as long as short