TRUMP Funding Rate — live across 15 venues
25 DEX + 8 CEX · net of fees · updated continuously
Live annualized TRUMP perpetual funding across all 15 venues Perpia tracks. Right now TRUMP funding is positive on 12 and negative on 3, ranging from +11.4% on Extended to -8.7% on BackPack — a spread of 20.1%. The widest delta-neutral trade is long BackPack / short Extended at 17.1% net APR.
TRUMP funding rate by venue
51 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Extended | +11.4% | 1h |
| Hyperliquid | +10.9% | 1h |
| OKX | +10.9% | 4h |
| Gate.io | +10.9% | 4h |
| Bybit | +10.9% | 4h |
| Variational | +10.9% | 4h |
| KuCoin | +10.9% | 4h |
| Bitget | +10.9% | 4h |
| Aster | +10.9% | 4h |
| Sodex | +10.9% | 1h |
| Binance | +5.5% | 8h |
| GMTrade | +0.4% | 1h |
| Pacifica | -6.2% | 1h |
| Lighter | -7.0% | 8h |
| BackPack | -8.7% | 1h |
Rates annualized; updated ~every few minutes from live venue data.
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TRUMP funding — FAQ
Is TRUMP funding positive right now?
TRUMP perpetual funding is positive on 12 of 15 venues Perpia tracks and negative on 3. The highest is +11.4% on Extended; the lowest is -8.7% on BackPack.
What is the best TRUMP funding arbitrage right now?
Go long BackPack and short Extended for about 17.1% net APR after fees — the widest delta-neutral TRUMP spread Perpia currently sees.
Which exchange has the highest TRUMP funding rate?
Extended, at +11.4% annualized. Funding shifts continuously, so check the live table above before trading.
How TRUMP funding arbitrage works
Funding-rate arbitrage is delta-neutral: you go long the venue paying the most negative funding and short the one paying the most positive, so price moves cancel and you collect the spread. The catch is liquidity — a huge APR on a thin book caps at a few thousand dollars and often flips within hours. Perpia shows the max size after slippage and tracks whether a spread holds, so you filter instead of chasing the number.