Official Trump Futures Funding Rate
Track Official Trump perpetual futures funding rate across 5 perp venues.
What is Funding Rate for Official Trump?
The Official Trump funding rate is the periodic payment between long and short holders of TRUMP perpetual futures. It keeps the perpetual price close to the spot price, because perpetuals have no expiry date to converge on.
Venues settle funding on different schedules (anywhere from every hour to every 24 hours, depending on the exchange and market), so Sharpe annualizes each venue's TRUMP rate from its own interval before comparing 5 perp venues.
How to read the Official Trump Funding Rate chart
A positive Official Trump funding rate means longs pay shorts, which happens when perpetuals trade above spot and demand for leveraged longs is high. A negative rate means shorts pay longs.
Persistently high positive funding points to crowded TRUMP longs and makes holding them expensive; deeply negative funding points to crowded shorts and squeeze risk.
Gaps between venues are a carry opportunity: a trader can be long TRUMP where funding is lowest and short where it is highest, collecting the difference while staying market-neutral.
Latest Official Trump Funding Rate snapshot
| Exchange | Contract | Funding Rate | Interval | Annualized APR |
|---|---|---|---|---|
| Extended | TRUMP-USD | +0.0013% | 1h | +11.39% |
| Pacifica | TRUMP | +0.0013% | 1h | +10.95% |
| Gate.io | TRUMP_USDT | +0.0050% | 4h | +10.95% |
| GRVT | TRUMP_USDT_Perp | +0.0050% | 4h | +10.95% |
| Binance | TRUMPUSDT | +0.0050% | 4h | +10.95% |
| Aster | TRUMPUSDT | +0.0050% | 4h | +10.95% |
| edgeX | TRUMPUSDC | +0.0050% | 4h | +10.95% |
| Phemex | TRUMPUSDT | +0.0050% | 4h | +10.95% |
| HTX | TRUMP-USDT | +0.0050% | 4h | +10.95% |
| Lighter | TRUMP | +0.0012% | 1h | +10.51% |
| Backpack | TRUMP_USDC_PERP | +0.0010% | 1h | +9.11% |
| Bybit | TRUMPUSDT | +0.0040% | 4h | +8.68% |
| KuCoin | TRUMPUSDTM | +0.0031% | 4h | +6.79% |
| Bitunix | TRUMPUSDT | +0.0030% | 4h | +6.52% |
| Hyperliquid | TRUMP-USD | +0.0003% | 1h | +2.76% |
| Bitget | TRUMPUSDT | −0.0017% | 4h | −3.72% |
| Deribit | TRUMP_USDC-PERPETUAL | −0.0083% | 8h | −9.14% |
| OKX | TRUMP-USDT-SWAP | −0.0064% | 4h | −14.03% |
| Variational | TRUMP | −0.0085% | 4h | −18.65% |
| Kraken | PF_TRUMPUSD | −0.0027% | 1h | −23.72% |
| WhiteBIT | TRUMP_PERP | −0.0176% | 4h | −38.65% |
| Crypto.com | TRUMPUSD-PERP | −0.0059% | 1h | −51.87% |
Data last updated
Official Trump Funding Rate FAQ
Who pays the Official Trump funding rate?
When the TRUMP funding rate is positive, long holders pay short holders. When it is negative, shorts pay longs. Only traders holding a position at the funding timestamp pay or receive it.
Why is Official Trump funding shown as an annualized rate?
A per-period rate is not comparable across venues that settle every hour and venues that settle every 8 or 24 hours. Annualizing each venue's TRUMP rate from its own interval puts them on one scale.
Where can I compare Official Trump funding rates exchange by exchange?
The Official Trump funding rates page lists the current TRUMP rate, interval and annualized APR on every tracked exchange, next to the history chart here.
Annualized funding rate by exchange