# TRUMP funding rates and arbitrage

Updated 2026-11-11 23:42 UTC · https://afterfees.xyz/coin/TRUMP

## Best TRUMP arbitrage after every cost

| Coin | Pair | Long | Short | Net · 168 h | Net APR | Max size | Status |
|---|---|---|---|---|---|---|---|
| [TRUMP](https://afterfees.xyz/coin/TRUMP) | Perp ↔ perp | [Kraken](https://afterfees.xyz/venues/kraken) PF_TRUMPUSD | [Binance](https://afterfees.xyz/venues/binance) TRUMPUSDT | +$117.11 † | +61.1% | — | Watch |
| [TRUMP](https://afterfees.xyz/coin/TRUMP) | Perp ↔ perp | [Kraken](https://afterfees.xyz/venues/kraken) PF_TRUMPUSD | [BloFin](https://afterfees.xyz/venues/blofin) TRUMP-USDT | +$108.06 † | +56.3% | — | Watch |
| [TRUMP](https://afterfees.xyz/coin/TRUMP) | Perp ↔ perp | [Kraken](https://afterfees.xyz/venues/kraken) PF_TRUMPUSD | [Bitget](https://afterfees.xyz/venues/bitget) TRUMPUSDT | +$70.07 † | +36.5% | — | Watch |
| [TRUMP](https://afterfees.xyz/coin/TRUMP) | Perp ↔ perp | [Bitget](https://afterfees.xyz/venues/bitget) TRUMPUSDT | [Binance](https://afterfees.xyz/venues/binance) TRUMPUSDT | +$5.23 † | +2.7% | — | Watch |
| [TRUMP](https://afterfees.xyz/coin/TRUMP) | Perp ↔ perp | [Bitget](https://afterfees.xyz/venues/bitget) TRUMPUSDT | [BloFin](https://afterfees.xyz/venues/blofin) TRUMP-USDT | −$3.81 † | −2.0% | — | Watch |
| [TRUMP](https://afterfees.xyz/coin/TRUMP) | Perp ↔ perp | [Kraken](https://afterfees.xyz/venues/kraken) PF_TRUMPUSD | [Gate](https://afterfees.xyz/venues/gate) TRUMP_USDT | — | — | — | Watch |
| [TRUMP](https://afterfees.xyz/coin/TRUMP) | Perp ↔ perp | [OKX](https://afterfees.xyz/venues/okx) TRUMP-USDT-SWAP | [BloFin](https://afterfees.xyz/venues/blofin) TRUMP-USDT | — | — | — | Watch |
| [TRUMP](https://afterfees.xyz/coin/TRUMP) | Perp ↔ perp | [Bitget](https://afterfees.xyz/venues/bitget) TRUMPUSDT | [Gate](https://afterfees.xyz/venues/gate) TRUMP_USDT | — | — | — | Watch |

_At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry. † slippage estimated from the top of the book (no live order book for this pair); ‡ before slippage (no order book at all)._

## TRUMP funding rate on every exchange

| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| [Phemex](https://afterfees.xyz/venues/phemex) | TRUMPUSDT | 0.0050% | 4 h | +10.9% | — | $1.5M | 2026-11-12 00:00 |
| [PopDEX](https://afterfees.xyz/venues/popdex) | TRUMPUSDT | 0.0013% | 1 h | +10.9% | +10.8% | — | 2026-11-12 00:00 |
| [Aster](https://afterfees.xyz/venues/aster) | TRUMPUSDT | 0.0050% | 4 h | +10.9% | +3.1% | $216.6K | 2026-11-12 00:00 |
| [Gate](https://afterfees.xyz/venues/gate) | TRUMP_USDT | 0.0023% | 4 h | +5.0% | −7.2% | $23.9M | 2026-11-12 00:00 |
| [HTX](https://afterfees.xyz/venues/htx) | TRUMP-USDT | 0.0013% | 4 h | +2.9% | −16.5% | $421.6K | 2026-11-12 00:00 |
| [Pacifica](https://afterfees.xyz/venues/pacifica) | TRUMP | -0.0003% | 1 h | −2.3% | +1.0% | $106.2K | 2026-11-12 00:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | TRUMPUSDT | -0.0021% | 4 h | −4.5% | −6.3% | — | 2026-11-12 00:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | TRUMP-USDT | -0.0030% | 4 h | −6.6% | +1.6% | $2.2M | 2026-11-12 00:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | TRUMP-USDC | -0.0011% | 1 h | −9.5% | — | $15.3K | 2026-11-12 00:00 |
| [Extended](https://afterfees.xyz/venues/extended) | TRUMP-USD | -0.0014% | 1 h | −12.3% | −9.8% | $22.2K | 2026-11-12 00:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | TRUMP_USDT_Perp | -0.0057% | 4 h | −12.5% | −5.8% | $125.5K | 2026-11-12 00:00 |
| [Binance](https://afterfees.xyz/venues/binance) | TRUMPUSDT | -0.0057% | 4 h | −12.6% | −9.2% | $31.4M | 2026-11-12 00:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | TRUMPUSDT | -0.0061% | 4 h | −13.3% | −0.1% | $19.8M | 2026-11-12 00:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | TRUMPUSDTM | -0.0091% | 4 h | −19.9% | −11.7% | $4.2M | 2026-11-12 00:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | TRUMP | -0.0026% | 1 h | −22.5% | −13.6% | $8.9M | 2026-11-12 00:00 |
| [Paradex](https://afterfees.xyz/venues/paradex) | TRUMP-USD-PERP | -0.0259% | 8 h | −28.3% | — | $2.7K | 2026-11-12 00:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | TRUMP | -0.0034% | 1 h | −29.8% | −21.2% | $235.6K | 2026-11-12 00:00 |
| [Variational](https://afterfees.xyz/venues/variational) | TRUMP-PERP | -0.0154% | 4 h | −33.7% | −10.6% | $693.2K | 2026-11-12 00:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | TRUMPUSDT | -0.0162% | 4 h | −35.5% | −1.4% | $5.2M | 2026-11-12 00:00 |
| [Backpack](https://afterfees.xyz/venues/backpack) | TRUMP_USDC_PERP | -0.0055% | 1 h | −47.8% | −31.1% | $131.2K | 2026-11-12 00:00 |
| [Crypto.com](https://afterfees.xyz/venues/cryptocom) | TRUMPUSD-PERP | -0.0070% | 1 h | −61.0% | −79.2% | $71.9K | 2026-11-12 00:00 |
| [OKX](https://afterfees.xyz/venues/okx) | TRUMP-USDT-SWAP | -0.0288% | 4 h | −63.1% | −9.4% | $13.2M | 2026-11-12 00:00 |
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | TRUMP_PERP | -0.0369% | 4 h | −80.8% | −28.4% | $8.4M | 2026-11-12 00:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_TRUMPUSD | -0.0112% | 1 h | −97.8% | −69.7% | $734K | 2026-11-12 00:00 |

## Borrow TRUMP to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 10.61% | — |
| Bybit | 12.18% | — |
| OKX | 16.70% | — |
| Binance | 26.11% | — |
| Gate | 33.99% | $120K |

## Cost to enter $10,000 of TRUMP

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| OKX | TRUMP-USDT-SWAP | 9.5 bp | order-book snapshot, 10 min old |
| Backpack | TRUMP_USDC_PERP | 9.7 bp * | order-book snapshot, 49 min old |
| Kraken | PF_TRUMPUSD | 13.9 bp | live order book |
| Pacifica | TRUMP | 14.7 bp | order-book snapshot, 34 min old |
| KuCoin | TRUMPUSDTM | 16.3 bp | order-book snapshot, 57 min old |
| Gate | TRUMP_USDT | 20.6 bp | order-book snapshot, 6 min old |
| GRVT | TRUMP_USDT_Perp | 21.5 bp | order-book snapshot, 48 min old |
| HTX | TRUMP-USDT | 27.9 bp * | order-book snapshot, 1 min old |
| Phemex | TRUMPUSDT | 35.3 bp | order-book snapshot, 34 min old |
| WhiteBIT | TRUMP_PERP | 38.1 bp | order-book snapshot, 31 min old |
| Lighter | TRUMP | 3.6 bp | top of book only |
| Hyperliquid | TRUMP | 8.4 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## More on TRUMP

- [Borrow TRUMP: rates on every exchange](https://afterfees.xyz/borrow/TRUMP)

## Questions

**Is TRUMP funding-rate arbitrage profitable right now?**

Not right now. At $10,000 per side for 7 days the best TRUMP pair (Kraken / Binance) would net +$117.11 after taker fees, order-book slippage and carry, but it is on watch rather than actionable; the live page shows what holds it back.

**Which exchange has the highest TRUMP funding rate?**

Phemex at +10.9% a year (0.0050% every 4 h); the lowest is Kraken at −97.8%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.

_The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you._