TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.5% APRnext payment −$0.11 per $10,000 · paid last 24h −0.015%

Price spread now: edgeX against Orderly−0.188%7-day average +0.008% · you buy dearer than you sell

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

Long on Orderly Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 4 days (all we have)+0.192%+$19 · spread now −0.188%, 7d avg +0.008%

Together, before fees+0.121%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and edgeX is 0.196% cheaper against Orderly than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.008%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.1520	−0.0071	get 0.0036% / 4h	8m 35s	$5K	$277K	10x
Short	edgeX TRUMPUSDC	2.1479	−0.0094	pay 0.0047% / 4h	8m 35s	$105K	$252K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.188%Rate

Funding earned: −$4.72
Price spread: −0.188% → +0.008%: −$19.61
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$39.32
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 29 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 edgeX live order book, 29 min ago	9.34 bp	16.3 bp −$16	83.1 bp −$831	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	−0.1797%	1h	2.1380	−0.651%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0350%	1h	2.1525	+0.023%	$76	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1527	+0.033%	$5	—	10x	as long as short
Variational Omni TRUMP	−0.0243%	4h	2.1482	−0.175%	$663K	$423K	—	as long as short
Bybit TRUMPUSDT	−0.0189%	4h	2.1530	+0.046%	$30.6M	$52.3M	50x	as long as short
Binance TRUMPUSDT	−0.0189%	4h	2.1530	+0.046%	$60.9M	$250.0M	75x	as long as short
OKX TRUMP-USDT-SWAP	−0.0188%	4h	2.1520	0.000%	$26.8M	$184.4M	50x	as long as short
Extended TRUMP-USD	−0.0184%	1h	2.1520	0.000%	$74K	$496K	25x	as long as short
Lighter TRUMP	−0.0176%	1h	2.1530	+0.046%	$941K	$1.0M	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0104%	8h	2.1531	+0.050%	$5K	$175	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0100%	4h	2.1530	+0.046%	$7.7M	$53.4M	75x	as long as short
edgeX TRUMPUSDCshort	−0.0094%	4h	2.1479	−0.188%	$105K	$252K	20x
Orderly PERP_TRUMP_USDClong	−0.0071%	4h	2.1520	long leg	$5K	$277K	10x
Deribit TRUMP_USDC-PERPETUAL	−0.0028%	1h	2.1543	+0.107%	$406K	$81K	10x	as long as short
dYdX TRUMP-USD	−0.0004%	1h	2.1552	+0.149%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1546	+0.119%	$41K	—	150x	as long as short
KuCoin TRUMPUSDTM	+0.0020%	4h	2.1530	+0.046%	$4.1M	$10.8M	50x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1511	−0.041%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0052%	4h	2.1550	+0.139%	$4.2M	$690K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1330	−0.883%	$167K	$479K	50x	as long as short
Bitget TRUMPUSDT	+0.0078%	4h	2.1520	0.000%	$15.3M	$26.9M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1549	+0.135%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1550	+0.137%	$404K	$776K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1551	+0.142%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1520	0.000%	$399K	$149K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1497	−0.108%	$179K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1550	+0.139%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1570	+0.232%	$496K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1549	+0.135%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0300%	1h	2.1564	+0.204%	$384K	$418K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0596%	1h	2.1552	+0.151%	$1.3M	$2.3M	50x	as long as short