TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0245%/8h= +26.8% APRnext payment +$1.23 per $10,000 · paid last 24h +0.068%

Price spread now: BloFin against Binance−0.151%111s7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs+$4as 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−$390.386% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.422%+$42 on $10k

Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.151%, 7d avg −0.006%

Together, before fees+0.585%+$59 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.145% cheaper against Binance than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of −0.006%). If the spread goes back, that is −$15 on $10k: about 47 hours of funding at the current rate (+$7 a day). The two prices were read 111 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	Binance TRUMPUSDT	2.1372	−0.0364	get 0.0182% / 4h	1h 27m	$63.0M	$238.4M	75x
Short	BloFin TRUMP-USDT	2.1340	−0.0119	pay 0.0059% / 4h	1h 27m	$4.3M	$689K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now −0.151%Rate

Funding earned: $51.49
Price spread: −0.151% → −0.006%: −$14.5
Slippage, 4 orders: −$16.6
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$1.61
Costs to cover: 0.386%
Break-even: 7.2 days

Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 4 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 Binance live order book, 9 min ago	2.34 bp	7.3 bp −$7	10.3 bp −$103	34.8 bp −$3,478	263.4 bp −$131.7K
Sell BloFin live order book, 4 min ago	4.70 bp	10.7 bp −$11	13.6 bp −$136	35.2 bp −$3,517	84.5 bp −$42.2K

TRUMP on 32 exchanges

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
SoDEX TRUMP-USD	−0.0484%	1h	2.1369	−0.015%	$77	$6K	5x	as long as short
Variational Omni TRUMP	−0.0409%	4h	2.1300	−0.338%	$662K	$400K	—	as long as short
OKX TRUMP-USDT-SWAP	−0.0375%	4h	2.1370	−0.010%	$26.9M	$172.8M	50x	as long as short
Bybit TRUMPUSDT	−0.0370%	4h	2.1380	+0.036%	$31.3M	$48.4M	50x	as long as short
Extended TRUMP-USD	−0.0368%	1h	2.1348	−0.114%	$73K	$493K	25x	as long as short
Binance TRUMPUSDTlong	−0.0364%	4h	2.1372	long leg	$63.0M	$238.4M	75x
Coinbase International TRUMP-PERP-INTX	−0.0296%	1h	2.1250	−0.572%	$130K	$512K	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0264%	1h	2.1381	+0.041%	$384K	$78K	10x	as long as short
Lighter TRUMP	−0.0256%	1h	2.1367	−0.024%	$918K	$959K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1370	−0.010%	$5	—	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0224%	4h	2.1370	−0.010%	$7.7M	$47.7M	75x	as long as short
MEXC TRUMP_USDC	−0.0220%	4h	2.1370	−0.010%	$387K	$143K	125x	as long as short
Paradex TRUMP-USD-PERP	−0.0216%	8h	2.1358	−0.068%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0179%	4h	2.1337	−0.164%	$104K	$253K	20x	as long as short
KuCoin TRUMPUSDTM	−0.0178%	4h	2.1370	−0.010%	$4.3M	$10.2M	50x	as long as short
BloFin TRUMP-USDTshort	−0.0119%	4h	2.1340	−0.151%	$4.3M	$689K	75x
Orderly PERP_TRUMP_USDC	−0.0088%	4h	2.1370	−0.010%	$5K	$299K	10x	as long as short
Bitget TRUMPUSDT	−0.0052%	4h	2.1380	+0.036%	$15.4M	$24.8M	75x	as long as short
Aevo TRUMP-PERP	−0.0008%	1h	2.1365	−0.034%	$19K	—	3x	as long as short
dYdX TRUMP-USD	−0.0004%	1h	2.1395	+0.106%	$25K	$3K	5x	as long as short
GRVT TRUMP_USDT_Perp	0.0000%	4h	2.1304	−0.321%	$184K	$4.0M	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1382	+0.047%	$40K	—	150x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0023%	1h	2.1404	+0.147%	$1.4M	$2.1M	50x	as long as short
Injective TRUMP/USDC PERP	+0.0033%	1h	2.1600	+1.066%	$13K	$157K	12x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1392	+0.093%	$13.5M	$7.7M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1380	+0.036%	$403K	$643K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1379	+0.032%	$184K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1370	−0.010%	$2K	$1.4M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1400	+0.130%	$486K	$2.5M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1360	−0.057%	$195K	$453K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0139%	1h	2.1406	+0.158%	$382K	$390K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0204% / S −0.0199%	1h	2.1369	−0.016%	$10K	—	100x	as long as short