TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0109%/8h= +11.9% APRnext payment +$0.55 per $10,000 · paid last 24h −0.060%

Price spread now: KuCoin against BloFin+0.047%110s7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$106as 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−$720.722% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.340%−$34 on $10k

Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.047%, 7d avg +0.025%

Together, before fees−0.363%−$36 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 KuCoin is 0.022% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.340%, so the current rate has only just turned in your favour. The two prices were read 110 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	2.1430	−0.0009	get 0.0005% / 4h	1h 53m	$4.1M	$686K	75x
Short	KuCoin TRUMPUSDTM	2.1440	0.0100	get 0.0050% / 4h	1h 53m	$4.2M	$11.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.047%Rate

Funding earned: $22.91
Price spread: +0.047% → +0.025%: $2.17
Slippage, 4 orders: −$48.22
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$47.14
Costs to cover: 0.722%
Break-even: 21.4 days

Slippage from BloFin: live order book, 5 min ago; KuCoin: live order book, 5 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, 5 min ago	4.65 bp	10.6 bp −$11	13.6 bp −$136	30.1 bp −$3,009	118.3 bp −$59.2K
Sell KuCoin live order book, 5 min ago	2.32 bp	20.6 bp −$21	71.0 bp −$710	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	−0.1927%	1h	2.1340	−0.420%	$12K	$157K	12x	as long as short
Extended TRUMP-USD	−0.0248%	1h	2.1439	+0.043%	$74K	$742K	25x	as long as short
Binance TRUMPUSDT	−0.0245%	4h	2.1440	+0.047%	$60.6M	$252.1M	75x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1432	+0.008%	$5	—	10x	as long as short
Variational Omni TRUMP	−0.0165%	4h	2.1451	+0.099%	$662K	$424K	—	as long as short
edgeX TRUMPUSDC	−0.0126%	4h	2.1445	+0.071%	$105K	$264K	20x	as long as short
Bybit TRUMPUSDT	−0.0120%	4h	2.1440	+0.047%	$30.4M	$52.3M	50x	as long as short
Paradex TRUMP-USD-PERP	−0.0111%	8h	2.1433	+0.014%	$5K	$175	5x	as long as short
Gate TRUMP_USDT	−0.0102%	4h	2.1440	+0.047%	$7.6M	$53.5M	75x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0098%	1h	2.1457	+0.128%	$1.3M	$2.3M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX TRUMP-USDT-SWAP	−0.0098%	4h	2.1420	−0.047%	$26.4M	$184.5M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0063%	4h	2.1420	−0.047%	$5K	$233K	10x	as long as short
BloFin TRUMP-USDTlong	−0.0009%	4h	2.1430	long leg	$4.1M	$686K	75x
dYdX TRUMP-USD	0.0000%	1h	2.1447	+0.077%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1433	+0.014%	$404K	$81K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1443	+0.061%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1414	−0.073%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0040%	1h	2.1428	−0.009%	$946K	$1.0M	10x	as long as short
SoDEX TRUMP-USD	+0.0043%	1h	2.1425	−0.023%	$82	$6K	5x	as long as short
GRVT TRUMP_USDT_Perp	+0.0094%	4h	2.1440	+0.047%	$182K	$4.6M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1449	+0.089%	$13.5M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1432	+0.009%	$402K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1445	+0.070%	$184K	$53K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1440	+0.047%	$399K	$147K	125x	as long as short
KuCoin TRUMPUSDTMshort	+0.0100%	4h	2.1440	+0.047%	$4.2M	$11.2M	50x
Bitget TRUMPUSDT	+0.0100%	4h	2.1430	0.000%	$15.2M	$27.1M	75x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1430	0.000%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1440	+0.047%	$483K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1437	+0.034%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1430	0.000%	$206K	$418K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0421%	1h	2.1457	+0.126%	$380K	$415K	10x	as long as short