TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.45 per $10,000 · paid last 24h −0.003%

Price spread now: MEXC against Bybit−0.046%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$390.389% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.132%−$13 on $10k

Price spread, last 4 days (all we have)−0.566%−$57 · spread now −0.046%, 7d avg −0.050%

Together, before fees−0.698%−$70 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.132%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit TRUMPUSDT	2.1590	0.0010	pay 0.0005% / 4h	1h 06m	$30.7M	$48.7M	50x
Short	MEXC TRUMP_USDC	2.1580	0.0100	get 0.0050% / 4h	1h 06m	$414K	$151K	125x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now −0.046%Rate

Funding earned: $18.87
Price spread: −0.046% → −0.050%: $0.4
Slippage, 4 orders: −$27.91
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: −$19.64
Costs to cover: 0.389%
Break-even: 14.3 days

Slippage from Bybit: live order book, 3 min ago; MEXC: live order book, 48 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 Bybit live order book, 3 min ago	2.31 bp	7.8 bp −$8	17.2 bp −$172	114.5 bp −$11.5K	doesn't fit
Sell MEXC live order book, 48 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	2.1580	−0.046%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1591	+0.005%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0080%	1h	2.1591	+0.005%	$83	$6K	5x	as long as short
Gate TRUMP_USDT	−0.0038%	4h	2.1600	+0.046%	$7.6M	$50.2M	75x	as long as short
Lighter TRUMP	−0.0032%	1h	2.1590	0.000%	$954K	$906K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1626	+0.165%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1603	+0.060%	$407K	$72K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1604	+0.066%	$42K	—	150x	as long as short
Bybit TRUMPUSDTlong	+0.0010%	4h	2.1590	long leg	$30.7M	$48.7M	50x
Paradex TRUMP-USD-PERP	+0.0027%	8h	2.1594	+0.018%	$5K	$175	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TRUMPUSDC	+0.0050%	4h	2.1694	+0.483%	$106K	$263K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0068%	4h	2.1590	0.000%	$4K	$236K	10x	as long as short
Variational Omni TRUMP	+0.0080%	4h	2.1731	+0.652%	$685K	$456K	—	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1626	+0.167%	$14.3M	$7.5M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1617	+0.125%	$427K	$827K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1607	+0.078%	$186K	$53K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1594	+0.017%	$62.5M	$238.0M	75x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1590	0.000%	$27.4M	$170.3M	50x	as long as short
MEXC TRUMP_USDCshort	+0.0100%	4h	2.1580	−0.046%	$414K	$151K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1610	+0.093%	$4.0M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1600	+0.046%	$15.6M	$25.5M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1650	+0.278%	$253K	$317K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1690	+0.463%	$177K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1610	+0.093%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1610	+0.093%	$527K	$2.0M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1579	−0.049%	$74K	$750K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1590	0.000%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1608	+0.081%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0290%	1h	2.1634	+0.202%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1650	+0.278%	$4.3M	$654K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0504%	1h	2.1640	+0.232%	$280K	$284K	50x	as long as short