TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.066%

Price spread now: Aster against BloFin−0.009%72s7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as 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−$420.415% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.358%−$36 on $10k

Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.009%, 7d avg +0.011%

Together, before fees−0.266%+ Points / potential airdropAster: Stage 5 · farm board−$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.020% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.011%). Swap the legs. The two prices were read 72 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	BloFin TRUMP-USDT	2.1810	0.0340	pay 0.0170% / 4h	1h 29m	$4.2M	$513K	75x
Short	Aster TRUMPUSDT	2.1808	0.0100	get 0.0050% / 4h	1h 29m	$454K	$832K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$50.4
Price spread: −0.009% → +0.011%: −$2.02
Slippage, 4 orders: −$21.52
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$93.94
Costs to cover: 0.415%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; Aster: live order book, 53 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 BloFin live order book, 3 min ago	2.29 bp	8.3 bp −$8	13.8 bp −$138	41.3 bp −$4,130	doesn't fit
Sell Aster live order book, 53 min ago	2.28 bp	8.0 bp −$8	21.6 bp −$216	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	−0.1472%	1h	2.1810	0.000%	$32K	$147K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1782	−0.127%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1787	−0.104%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1797	−0.060%	$409K	$79K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1797	−0.062%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1847	+0.171%	$119K	$249K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1790	−0.092%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0091%	8h	2.1774	−0.165%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1786	−0.110%	$970K	$675K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1817	+0.032%	$14.0M	$7.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDTshort	+0.0100%	4h	2.1808	−0.009%	$454K	$832K	20x
Pacifica TRUMP	+0.0100%	1h	2.1779	−0.141%	$188K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1800	−0.046%	$62.1M	$218.7M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1800	−0.046%	$30.3M	$43.1M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1810	0.000%	$26.7M	$149.3M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1790	−0.092%	$7.3M	$47.3M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1780	−0.138%	$478K	$133K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1800	−0.046%	$4.5M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1810	0.000%	$15.4M	$20.9M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1802	−0.035%	$685K	$266K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1800	−0.046%	$178K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1820	+0.046%	$1K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1795	−0.069%	$70	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1820	+0.046%	$531K	$1.8M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1801	−0.042%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1797	−0.058%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1793	−0.076%	$10K	—	100x	as long as short
BloFin TRUMP-USDTlong	+0.0340%	4h	2.1810	long leg	$4.2M	$513K	75x
Backpack TRUMP_USDC_PERP	+0.0346%	1h	2.1815	+0.023%	$261K	$270K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1860	+0.229%	$281K	$398K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0524%	1h	2.1819	+0.040%	$1.3M	$2.5M	50x	as long as short