TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0346%/8h= +37.9% APRnext payment +$1.73 per $10,000 · paid last 24h +0.021%

Price spread now: MEXC against Binance−0.126%7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$280.278% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 4 days (all we have)−0.457%−$46 · spread now −0.126%, 7d avg −0.051%

Together, before fees−0.495%−$50 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.074% cheaper against Binance than usual: you would sell low and buy high (spread −0.126% now, against its 7-day average of −0.051%). If the spread goes back, that is −$7 on $10k: about 17 hours of funding at the current rate (+$10 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.039% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.73 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUMPUSDT	2.1377	−0.0252	get 0.0126% / 4h	3h 33m	$61.3M	$247.5M	75x
Short	MEXC TRUMP_USDC	2.1350	0.0094	get 0.0047% / 4h	3h 33m	$396K	$148K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.126%Rate

Funding earned: $72.7
Price spread: −0.126% → −0.051%: −$7.45
Slippage, 4 orders: −$17.77
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: $37.48
Costs to cover: 0.278%
Break-even: 3.4 days

Slippage from Binance: live order book, 10 min ago; MEXC: live order book, 56 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, 10 min ago	2.33 bp	7.3 bp −$7	12.3 bp −$123	42.2 bp −$4,218	292.8 bp −$146.4K
Sell MEXC live order book, 56 min ago	2.34 bp	6.6 bp −$7	23.1 bp −$231	135.9 bp −$13.6K	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	−0.1829%	1h	2.1350	−0.126%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0534%	1h	2.1385	+0.038%	$69	$6K	5x	as long as short
Bybit TRUMPUSDT	−0.0495%	4h	2.1360	−0.079%	$30.6M	$51.8M	50x	as long as short
Gate TRUMP_USDT	−0.0348%	4h	2.1380	+0.015%	$7.7M	$49.7M	75x	as long as short
Variational Omni TRUMP	−0.0300%	4h	2.1451	+0.349%	$662K	$415K	—	as long as short
Extended TRUMP-USD	−0.0256%	1h	2.1364	−0.058%	$74K	$494K	25x	as long as short
Binance TRUMPUSDTlong	−0.0252%	4h	2.1377	long leg	$61.3M	$247.5M	75x
OKX TRUMP-USDT-SWAP	−0.0249%	4h	2.1370	−0.032%	$26.8M	$181.7M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1429	+0.245%	$5	—	10x	as long as short
Lighter TRUMP	−0.0232%	1h	2.1390	+0.062%	$935K	$990K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	−0.0217%	1h	2.1389	+0.057%	$387K	$81K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0162%	8h	2.1363	−0.066%	$5K	$175	5x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1360	−0.079%	$148K	$493K	50x	as long as short
edgeX TRUMPUSDC	−0.0126%	4h	2.1455	+0.367%	$105K	$253K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0100%	4h	2.1370	−0.032%	$5K	$296K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0054%	4h	2.1360	−0.079%	$4.1M	$10.7M	50x	as long as short
GRVT TRUMP_USDT_Perp	−0.0042%	4h	2.1454	+0.360%	$181K	$4.3M	10x	as long as short
dYdX TRUMP-USD	−0.0022%	1h	2.1387	+0.046%	$26K	$805	5x	as long as short
BloFin TRUMP-USDT	−0.0012%	4h	2.1380	+0.015%	$4.2M	$684K	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1475	+0.457%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0016%	1h	2.1434	+0.269%	$19K	—	3x	as long as short
Bitget TRUMPUSDT	+0.0020%	4h	2.1380	+0.015%	$15.2M	$26.6M	75x	as long as short
MEXC TRUMP_USDCshort	+0.0094%	4h	2.1350	−0.126%	$396K	$148K	125x
Hyperliquid TRUMP	+0.0100%	1h	2.1392	+0.071%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1399	+0.102%	$407K	$716K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1397	+0.094%	$184K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1430	+0.249%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1420	+0.202%	$495K	$2.5M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0121%	1h	2.1424	+0.220%	$1.3M	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1385	+0.038%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0292%	1h	2.1475	+0.459%	$382K	$422K	10x	as long as short