TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.001%

Price spread now: Gate against Orderly−0.046%7-day average +0.017% · you buy dearer than you sell

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

Long on Orderly Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 3 days (all we have)+0.027%+$3 · spread now −0.046%, 7d avg +0.017%

Together, before fees+0.093%+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.063% cheaper against Orderly than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.1770	0.0095	pay 0.0048% / 4h	3h 48m	$3K	$249K	10x
Short	Gate TRUMP_USDT	2.1760	0.0100	get 0.0050% / 4h	3h 48m	$7.4M	$46.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.046%Rate

Funding earned: $1
Price spread: −0.046% → +0.017%: −$6.32
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$26.32
Costs to cover: 0.210%
Break-even: 190.5 days

Slippage unknown: Orderly: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago	4.60 bp	13.5 bp −$14	29.8 bp −$298	75.1 bp −$7,510	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	−0.1608%	1h	2.1650	−0.551%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1767	−0.015%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1767	−0.016%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1777	+0.032%	$408K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1766	−0.019%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1788	+0.082%	$119K	$249K	20x	as long as short
Orderly PERP_TRUMP_USDClong	+0.0095%	4h	2.1770	long leg	$3K	$249K	10x
Lighter TRUMP	+0.0096%	1h	2.1767	−0.014%	$973K	$715K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0098%	8h	2.1753	−0.078%	$5K	—	5x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1778	+0.037%	$454K	$836K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.1771	+0.006%	$188K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1760	−0.044%	$62.4M	$226.8M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1750	−0.092%	$30.5M	$44.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1760	−0.046%	$26.9M	$152.5M	50x	as long as short
Gate TRUMP_USDTshort	+0.0100%	4h	2.1760	−0.046%	$7.4M	$46.7M	75x
MEXC TRUMP_USDC	+0.0100%	4h	2.1750	−0.092%	$471K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1770	0.000%	$4.0M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1750	−0.092%	$15.6M	$22.2M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1742	−0.130%	$636K	$377K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1800	+0.138%	$181K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1790	+0.092%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1775	+0.023%	$72	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1820	+0.230%	$551K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1751	−0.089%	$77K	$508K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1769	−0.003%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1771	+0.006%	$10K	—	100x	as long as short
Hyperliquid TRUMP	+0.0217%	1h	2.1795	+0.115%	$14.1M	$7.5M	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1760	−0.046%	$4.2M	$625K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0409%	1h	2.1793	+0.106%	$256K	$283K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.1760	−0.046%	$281K	$383K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0790%	1h	2.1801	+0.141%	$1.3M	$2.5M	50x	as long as short