TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0287%/8h= +31.4% APRnext payment +$1.44 per $10,000 · paid last 24h +0.008%

Price spread now: HTX against Binance+0.129%7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$470.474% of the position

Long on Binance Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.225%+$22 on $10k

Price spread, last 4 days (all we have)−0.075%−$8 · spread now +0.129%, 7d avg +0.097%

Together, before fees+0.149%+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and HTX is 0.032% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.097%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUMPUSDT	2.1472	−0.0187	get 0.0094% / 4h	11m 59s	$60.7M	$250.9M	75x
Short	HTX TRUMP-USDT	2.1500	0.0100	get 0.0050% / 4h	11m 59s	$483K	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.129%Rate

Funding earned: $60.29
Price spread: +0.129% → +0.097%: $3.21
Slippage, 4 orders: −$25.37
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: $16.12
Costs to cover: 0.474%
Break-even: 5.1 days

Slippage from Binance: live order book, 2 min ago; HTX: live order book, 2 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, 2 min ago	2.33 bp	7.3 bp −$7	14.4 bp −$144	41.6 bp −$4,163	322.9 bp −$161.4K
Sell HTX live order book, 2 min ago	6.97 bp	15.7 bp −$16	44.1 bp −$441	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	−0.1797%	1h	2.1350	−0.570%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0346%	1h	2.1475	+0.012%	$76	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0262%	1h	2.1486	+0.063%	$405K	$81K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1487	+0.069%	$5	—	10x	as long as short
Variational Omni TRUMP	−0.0226%	4h	2.1452	−0.096%	$662K	$423K	—	as long as short
Lighter TRUMP	−0.0200%	1h	2.1474	+0.008%	$939K	$1.0M	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0198%	4h	2.1470	−0.011%	$26.8M	$184.3M	50x	as long as short
Bybit TRUMPUSDT	−0.0190%	4h	2.1470	−0.011%	$30.5M	$52.4M	50x	as long as short
Binance TRUMPUSDTlong	−0.0187%	4h	2.1472	long leg	$60.7M	$250.9M	75x
Extended TRUMP-USD	−0.0184%	1h	2.1470	−0.012%	$74K	$496K	25x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0106%	4h	2.1480	+0.036%	$7.7M	$53.4M	75x	as long as short
Paradex TRUMP-USD-PERP	−0.0105%	8h	2.1489	+0.075%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	−0.0092%	4h	2.1442	−0.144%	$105K	$254K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0069%	4h	2.1500	+0.129%	$5K	$279K	10x	as long as short
dYdX TRUMP-USD	−0.0005%	1h	2.1528	+0.259%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1501	+0.132%	$41K	—	150x	as long as short
KuCoin TRUMPUSDTM	+0.0020%	4h	2.1480	+0.036%	$4.1M	$10.8M	50x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1470	−0.011%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0055%	4h	2.1510	+0.175%	$4.1M	$689K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1330	−0.663%	$167K	$479K	50x	as long as short
Bitget TRUMPUSDT	+0.0082%	4h	2.1480	+0.036%	$15.3M	$27.0M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1496	+0.110%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1487	+0.068%	$403K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1510	+0.175%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1480	+0.036%	$399K	$149K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1460	−0.056%	$173K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1510	+0.175%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDTshort	+0.0100%	4h	2.1500	+0.129%	$483K	$2.4M	50x
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1508	+0.165%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0292%	1h	2.1506	+0.157%	$383K	$418K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0598%	1h	2.1501	+0.133%	$1.3M	$2.3M	50x	as long as short