TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0122%/8h= −13.4% APRnext payment −$0.61 per $10,000 · paid last 24h −0.071%

Price spread now: edgeX against BloFin−0.183%101s7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$91as 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−$510.507% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.408%−$41 on $10k

Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.183%, 7d avg −0.006%

Together, before fees−0.237%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and edgeX is 0.178% cheaper against BloFin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.006%). Swap the legs. The two prices were read 101 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	2.1540	0.0000	pay 0.0000% / 4h	3h 25m	$4.2M	$688K	75x
Short	edgeX TRUMPUSDC	2.1500	−0.0122	pay 0.0061% / 4h	3h 25m	$105K	$252K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.183%Rate

Funding earned: −$25.64
Price spread: −0.183% → −0.006%: −$17.75
Slippage, 4 orders: −$29.65
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$94.05
Costs to cover: 0.507%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; edgeX: live order book, 7 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	4.65 bp	10.7 bp −$11	12.8 bp −$128	26.4 bp −$2,641	145.7 bp −$72.9K
Sell edgeX live order book, 7 min ago	7.01 bp	14.7 bp −$15	40.5 bp −$405	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	−0.1829%	1h	2.1350	−0.882%	$12K	$157K	12x	as long as short
Bybit TRUMPUSDT	−0.0395%	4h	2.1540	0.000%	$31.0M	$51.7M	50x	as long as short
SoDEX TRUMP-USD	−0.0333%	1h	2.1508	−0.149%	$69	$6K	5x	as long as short
Variational Omni TRUMP	−0.0327%	4h	2.1531	−0.043%	$668K	$419K	—	as long as short
OKX TRUMP-USDT-SWAP	−0.0246%	4h	2.1520	−0.093%	$27.0M	$183.0M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1539	−0.005%	$5	—	10x	as long as short
Extended TRUMP-USD	−0.0240%	1h	2.1561	+0.099%	$74K	$492K	25x	as long as short
Binance TRUMPUSDT	−0.0239%	4h	2.1551	+0.051%	$62.8M	$248.0M	75x	as long as short
Lighter TRUMP	−0.0200%	1h	2.1555	+0.070%	$943K	$992K	10x	as long as short
Gate TRUMP_USDT	−0.0180%	4h	2.1550	+0.046%	$7.7M	$50.2M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0141%	8h	2.1562	+0.104%	$5K	$175	5x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1410	−0.604%	$148K	$493K	50x	as long as short
edgeX TRUMPUSDCshort	−0.0122%	4h	2.1500	−0.183%	$105K	$252K	20x
Orderly PERP_TRUMP_USDC	−0.0095%	4h	2.1560	+0.093%	$5K	$300K	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0075%	1h	2.1551	+0.051%	$390K	$81K	10x	as long as short
KuCoin TRUMPUSDTM	−0.0050%	4h	2.1550	+0.046%	$4.1M	$10.6M	50x	as long as short
dYdX TRUMP-USD	−0.0017%	1h	2.1576	+0.167%	$26K	$2K	5x	as long as short
BloFin TRUMP-USDTlong	0.0000%	4h	2.1540	long leg	$4.2M	$688K	75x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1551	+0.051%	$41K	—	150x	as long as short
Bitget TRUMPUSDT	+0.0014%	4h	2.1550	+0.046%	$15.4M	$26.4M	75x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1540	0.000%	$19K	—	3x	as long as short
MEXC TRUMP_USDC	+0.0080%	4h	2.1540	0.000%	$400K	$149K	125x	as long as short
GRVT TRUMP_USDT_Perp	+0.0084%	4h	2.1540	0.000%	$178K	$4.2M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1565	+0.116%	$13.7M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1564	+0.111%	$410K	$679K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1582	+0.197%	$186K	$54K	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1580	+0.186%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1550	+0.046%	$498K	$2.5M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0121%	1h	2.1578	+0.175%	$1.3M	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1550	+0.047%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0339%	1h	2.1547	+0.032%	$381K	$423K	10x	as long as short