TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.016%

Price spread now: edgeX against Aster−0.204%60s7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$480.484% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 4 days (all we have)+0.370%+$37 · spread now −0.204%, 7d avg −0.024%

Together, before fees+0.320%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 0.180% cheaper against Aster than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.024%). Swap the legs. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster TRUMPUSDT	2.1736	0.0100	pay 0.0050% / 4h	1h 36m	$430K	$827K	20x
Short	edgeX TRUMPUSDC	2.1692	0.0050	get 0.0025% / 4h	1h 36m	$105K	$263K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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 AsterbpFee edgeXbpOrdersPrice spread, now −0.204%Rate

Funding earned: −$10.5
Price spread: −0.204% → −0.024%: −$18.01
Slippage, 4 orders: −$31.42
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$76.92
Costs to cover: 0.484%
Break-even: never at this rate

Slippage from Aster: live order book, 26 min ago; edgeX: live order book, 26 min ago.

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 Aster live order book, 26 min ago	4.55 bp	9.9 bp −$10	19.6 bp −$196	doesn't fit	doesn't fit
Sell edgeX live order book, 26 min ago	6.83 bp	14.0 bp −$14	37.9 bp −$379	doesn't fit	doesn't fit

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	−0.1659%	1h	2.1560	−0.811%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1701	−0.161%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0088%	4h	2.1720	−0.075%	$7.6M	$49.6M	75x	as long as short
Lighter TRUMP	−0.0064%	1h	2.1716	−0.093%	$967K	$794K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1726	−0.049%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1702	−0.158%	$408K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1714	−0.102%	$42K	—	150x	as long as short
SoDEX TRUMP-USD	+0.0025%	1h	2.1695	−0.190%	$86	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	+0.0038%	8h	2.1727	−0.044%	$5K	$175	5x	as long as short
edgeX TRUMPUSDCshort	+0.0050%	4h	2.1692	−0.204%	$105K	$263K	20x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0077%	4h	2.1700	−0.167%	$4K	$239K	10x	as long as short
Bybit TRUMPUSDT	+0.0095%	4h	2.1700	−0.167%	$31.0M	$48.3M	50x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1723	−0.061%	$14.3M	$7.6M	10x	as long as short
Aster TRUMPUSDTlong	+0.0100%	4h	2.1736	long leg	$430K	$827K	20x
Pacifica TRUMP	+0.0100%	1h	2.1729	−0.032%	$187K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1704	−0.150%	$62.8M	$237.0M	75x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1700	−0.167%	$27.4M	$169.7M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1730	−0.029%	$427K	$143K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1730	−0.029%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1730	−0.029%	$15.5M	$25.0M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1740	+0.017%	$256K	$318K	10x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1681	−0.256%	$681K	$453K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1670	−0.305%	$181K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1720	−0.075%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1690	−0.213%	$531K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1709	−0.126%	$115K	$702K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1701	−0.163%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1712	−0.110%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0289%	1h	2.1719	−0.078%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1710	−0.121%	$4.3M	$656K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1650	−0.397%	$280K	$297K	50x	as long as short