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: OKX against BloFin0.000%93s7-day average −0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as 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−$360.357% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.299%−$30 on $10k

Price spread, last 3 days (all we have)+0.016%+$2 · spread now 0.000%, 7d avg −0.026%

Together, before fees−0.284%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.026% dearer against BloFin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.026%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 93 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	2.1850	0.0340	pay 0.0170% / 4h	1h 49m	$4.2M	$519K	75x
Short	OKX TRUMP-USDT-SWAP	2.1850	0.0100	get 0.0050% / 4h	1h 49m	$26.7M	$148.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$50.4
Price spread: 0.000% → −0.026%: $2.61
Slippage, 4 orders: −$13.7
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$83.49
Costs to cover: 0.357%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; OKX: 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 BloFin live order book, 4 min ago	4.57 bp	10.6 bp −$11	18.5 bp −$185	38.1 bp −$3,805	176.9 bp −$88.4K
Sell OKX live order book, 4 min ago	2.28 bp	7.3 bp −$7	12.1 bp −$121	48.9 bp −$4,888	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	2.1770	−0.366%	$13K	$137K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1844	−0.030%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1858	+0.036%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1843	−0.032%	$410K	$79K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1846	−0.016%	$41K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.1857	+0.033%	$119K	$248K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1840	−0.046%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0087%	8h	2.1853	+0.012%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1849	−0.005%	$973K	$670K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1879	+0.133%	$14.1M	$7.4M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDT	+0.0100%	4h	2.1862	+0.057%	$456K	$831K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1865	+0.067%	$188K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1860	+0.046%	$62.3M	$217.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1850	0.000%	$30.5M	$42.7M	50x	as long as short
OKX TRUMP-USDT-SWAPshort	+0.0100%	4h	2.1850	0.000%	$26.7M	$148.5M	50x
Gate TRUMP_USDT	+0.0100%	4h	2.1860	+0.046%	$7.3M	$46.8M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1850	0.000%	$480K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1870	+0.092%	$4.7M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1860	+0.046%	$15.5M	$20.6M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1863	+0.060%	$683K	$261K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1940	+0.412%	$183K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1870	+0.092%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1845	−0.023%	$70	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1900	+0.229%	$516K	$1.7M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1852	+0.008%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1840	−0.047%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1849	−0.006%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0256%	1h	2.1873	+0.105%	$259K	$268K	10x	as long as short
BloFin TRUMP-USDTlong	+0.0340%	4h	2.1850	long leg	$4.2M	$519K	75x
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1860	+0.046%	$281K	$399K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0523%	1h	2.1882	+0.148%	$1.3M	$2.4M	50x	as long as short