TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.90 per $10,000 · paid last 24h +0.013%

Price spread now: SunX against Orderly+0.138%7-day average +0.113% · you sell dearer than you buy

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

Long on Orderly Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.156%+$16 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.138%, 7d avg +0.113%

Together, before fees+0.160%+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and SunX is 0.025% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.113%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_TRUMP_USDC	2.1680	−0.0080	get 0.0040% / 4h	2h 56m	$5K	$319K	10x
Short	SunX TRUMP-USDT	2.1710	0.0100	get 0.0050% / 4h	2h 56m	$2K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.138%Rate

Funding earned: $37.8
Price spread: +0.138% → +0.113%: $2.54
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: $26.34
Costs to cover: 0.140%
Break-even: 2.1 days

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago	32.11 bp	92.9 bp −$93	doesn't fit	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 32 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	−0.1841%	1h	2.1600	−0.369%	$13K	$157K	12x	as long as short
Variational Omni TRUMP	−0.0335%	4h	2.1731	+0.235%	$675K	$419K	—	as long as short
Bybit TRUMPUSDT	−0.0309%	4h	2.1700	+0.092%	$31.3M	$50.5M	50x	as long as short
SoDEX TRUMP-USD	−0.0308%	1h	2.1695	+0.069%	$69	$6K	5x	as long as short
Lighter TRUMP	−0.0272%	1h	2.1675	−0.023%	$942K	$967K	10x	as long as short
Extended TRUMP-USD	−0.0248%	1h	2.1684	+0.019%	$77K	$492K	25x	as long as short
OKX TRUMP-USDT-SWAP	−0.0247%	4h	2.1690	+0.046%	$27.4M	$180.9M	50x	as long as short
Binance TRUMPUSDT	−0.0247%	4h	2.1702	+0.100%	$63.6M	$244.3M	75x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1671	−0.042%	$5	—	10x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0240%	1h	2.1680	0.000%	$142K	$513K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0144%	8h	2.1656	−0.110%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0120%	4h	2.1706	+0.121%	$106K	$254K	20x	as long as short
Gate TRUMP_USDT	−0.0114%	4h	2.1690	+0.046%	$7.8M	$47.6M	75x	as long as short
Orderly PERP_TRUMP_USDClong	−0.0080%	4h	2.1680	long leg	$5K	$319K	10x
KuCoin TRUMPUSDTM	−0.0054%	4h	2.1690	+0.046%	$4.2M	$10.5M	50x	as long as short
dYdX TRUMP-USD	−0.0044%	1h	2.1668	−0.056%	$26K	$2K	5x	as long as short
BloFin TRUMP-USDT	−0.0007%	4h	2.1740	+0.277%	$4.3M	$693K	75x	as long as short
Bitget TRUMPUSDT	−0.0004%	4h	2.1700	+0.092%	$15.4M	$26.0M	75x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1703	+0.106%	$390K	$73K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1764	+0.387%	$41K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0015%	1h	2.1740	+0.277%	$1.3M	$2.2M	50x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1675	−0.025%	$19K	—	3x	as long as short
MEXC TRUMP_USDC	+0.0048%	4h	2.1680	0.000%	$402K	$147K	125x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1717	+0.171%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1721	+0.187%	$413K	$651K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1677	−0.014%	$186K	$54K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1734	+0.247%	$177K	$4.1M	10x	as long as short
SunX TRUMP-USDTshort	+0.0100%	4h	2.1710	+0.138%	$2K	$1.5M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1690	+0.046%	$500K	$2.5M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1710	+0.138%	$4K	$35K	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0170% / S −0.0143%	1h	2.1769	+0.410%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0182%	1h	2.1747	+0.309%	$387K	$411K	10x	as long as short