Funding arb · Price arb / Crypto
TRUMP
All TRUMP markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2.0510 | +0.0100 | pay 0.0050% / 4h | 1h 56m | $59.4M | $112.0M | 75x | Long Binance | |
| SHORT | 2.0496 | +0.0096 | get 0.0012% / 1h | 56m 12s | $67K | $180K | 20x | Short Popdex |
Price gap−0.068%
Funding gap−0.0004% /8h
Funding is ≈ 0 and the gap is 0.051% under its 7d average: the price leg works against you, −$5 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$19−0.0004% /8h now · paid +0.194% over the last 7D
Price−$5spread −0.068% now, avg −0.017% → −0.051% if it goes back
Costs−$470.468% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.068%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hTRUMP on 33 exchanges
lowest funding firstBefore you open
0 ok · 5 to watch- Watch: Large against open interest7.4 / 14.7 bp$10k is over 10% of Popdex’s open interest.
- Note: Margin at max leverage$133 + $500Binance 75x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$0.12Long Binance: 6 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- Watch: Gap narrower than usual−0.068% vs −0.017%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$67K vs $59.4M OIPopdex sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · Popdex NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0096%/8h × 21 periods+$20.21
Price spread−0.068% → −0.017% (7d avg)−$5.13
Slippage, 4 orderslive order books−$30.37
Fee Binance bp × 2 orders−$10.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$31.68
Costs to cover0.468%Break-even18.0 days
Slippage: Binance: live order book, 3 min ago; Popdex: live order book, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance2.437.4 bp−$713.4 bp−$13433.5 bp−$3,355329.2 bp−$164.6K
SELL · SHORTPopdex3.1514.7 bp−$15129.2 bp−$1,292doesn’t fitdoesn’t fit
Closing costs about the same again.


Phemex