TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.069%

Price spread now: MEXC against BloFin+0.092%7-day average −0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$430.426% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.476%−$48 on $10k

Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.092%, 7d avg −0.059%

Together, before fees−0.663%−$66 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.151% dearer against BloFin than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of −0.059%): +$15 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin TRUMP-USDT	2.1820	0.0340	pay 0.0170% / 4h	1h 30m	$4.3M	$659K	75x
Short	MEXC TRUMP_USDC	2.1840	0.0100	get 0.0050% / 4h	1h 30m	$429K	$143K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.092%Rate

Funding earned: −$50.4
Price spread: +0.092% → −0.059%: $15.06
Slippage, 4 orders: −$30.57
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$77.91
Costs to cover: 0.426%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; MEXC: live order book, 23 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	2.30 bp	8.3 bp −$8	10.6 bp −$106	35.6 bp −$3,555	153.8 bp −$76.9K
Sell MEXC live order book, 23 min ago	4.58 bp	10.0 bp −$10	25.9 bp −$259	129.4 bp −$12.9K	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	−0.1659%	1h	2.1680	−0.642%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1841	+0.097%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0076%	4h	2.1840	+0.092%	$7.7M	$49.9M	75x	as long as short
Lighter TRUMP	−0.0032%	1h	2.1832	+0.055%	$973K	$794K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1856	+0.163%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1849	+0.133%	$411K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1844	+0.108%	$42K	—	150x	as long as short
SoDEX TRUMP-USD	+0.0041%	1h	2.1840	+0.092%	$84	$6K	5x	as long as short
Paradex TRUMP-USD-PERP	+0.0041%	8h	2.1834	+0.063%	$5K	$175	5x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1761	−0.272%	$106K	$264K	20x	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	+0.0077%	4h	2.1840	+0.092%	$4K	$239K	10x	as long as short
Bybit TRUMPUSDT	+0.0087%	4h	2.1840	+0.092%	$31.2M	$48.4M	50x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1868	+0.220%	$14.4M	$7.6M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1858	+0.172%	$432K	$827K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1844	+0.111%	$188K	$56K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1840	+0.092%	$63.2M	$237.2M	75x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1830	+0.046%	$27.6M	$171.1M	50x	as long as short
MEXC TRUMP_USDCshort	+0.0100%	4h	2.1840	+0.092%	$429K	$143K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1850	+0.137%	$4.2M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1850	+0.137%	$15.6M	$25.1M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1831	+0.048%	$685K	$453K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1790	−0.139%	$178K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1880	+0.275%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1870	+0.229%	$535K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1839	+0.086%	$116K	$706K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1830	+0.046%	$19K	—	3x	as long as short
Backpack TRUMP_USDC_PERP	+0.0130%	1h	2.1872	+0.238%	$256K	$321K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1848	+0.128%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0287%	1h	2.1864	+0.204%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDTlong	+0.0340%	4h	2.1820	long leg	$4.3M	$659K	75x
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1650	−0.779%	$280K	$297K	50x	as long as short