TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0111%/8h= +12.1% APRnext payment +$0.55 per $10,000 · paid last 24h +0.066%

Price spread now: BloFin against Bitget+0.323%55s7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as 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−$460.461% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.301%+$30 on $10k

Price spread, last 4 days (all we have)−0.323%−$32 · spread now +0.323%, 7d avg −0.002%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.325% dearer against Bitget than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.002%. The two prices were read 55 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	Bitget TRUMPUSDT	2.1690	0.0100	pay 0.0050% / 4h	3h 54m	$15.7M	$25.6M	75x
Short	BloFin TRUMP-USDT	2.1760	0.0211	get 0.0105% / 4h	3h 54m	$4.2M	$687K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now +0.323%Rate

Funding earned: $23.24
Price spread: +0.323% → −0.002%: $32.47
Slippage, 4 orders: −$22.09
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: $9.62
Costs to cover: 0.461%
Break-even: 4.1 days

Slippage from Bitget: live order book, 5 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 Bitget live order book, 5 min ago	2.32 bp	9.5 bp −$10	19.1 bp −$191	53.7 bp −$5,366	doesn't fit
Sell BloFin live order book, 4 min ago	6.95 bp	12.9 bp −$13	18.2 bp −$182	46.1 bp −$4,607	116.0 bp −$58.0K

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	−0.1765%	1h	2.1610	−0.369%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1681	−0.039%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0211%	1h	2.1674	−0.074%	$408K	$72K	10x	as long as short
Extended TRUMP-USD	−0.0032%	1h	2.1659	−0.143%	$75K	$722K	25x	as long as short
Binance TRUMPUSDT	−0.0030%	4h	2.1680	−0.046%	$61.1M	$243.5M	75x	as long as short
SoDEX TRUMP-USD	−0.0025%	1h	2.1665	−0.115%	$95	$6K	5x	as long as short
edgeX TRUMPUSDC	−0.0013%	4h	2.1592	−0.450%	$105K	$263K	20x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1766	+0.351%	$27K	$512	5x	as long as short
Variational Omni TRUMP	+0.0006%	4h	2.1621	−0.317%	$681K	$503K	—	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1694	+0.021%	$41K	—	150x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0042%	4h	2.1680	−0.046%	$4K	$184K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0043%	8h	2.1756	+0.304%	$5K	$175	5x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1696	+0.027%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0088%	1h	2.1654	−0.166%	$957K	$958K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1712	+0.103%	$13.7M	$7.9M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1770	+0.370%	$426K	$794K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1756	+0.304%	$187K	$52K	10x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1680	−0.046%	$30.6M	$49.9M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1660	−0.138%	$27.5M	$175.4M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1720	+0.138%	$7.7M	$50.4M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1700	+0.046%	$408K	$148K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1710	+0.092%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDTlong	+0.0100%	4h	2.1690	long leg	$15.7M	$25.6M	75x
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1598	−0.425%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1690	0.000%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1770	+0.369%	$517K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1689	−0.004%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0172%	1h	2.1693	+0.013%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDTshort	+0.0211%	4h	2.1760	+0.323%	$4.2M	$687K	75x
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1520	−0.784%	$278K	$275K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0417%	1h	2.1792	+0.470%	$342K	$375K	10x	as long as short