TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.3% APRnext payment +$0.56 per $10,000 · paid last 24h +0.016%

Price spread now: Aster against edgeX+0.373%110s7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as 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−$520.524% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 4 days (all we have)−0.467%−$47 · spread now +0.373%, 7d avg +0.025%

Together, before fees−0.416%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$42 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 Aster is 0.348% dearer against edgeX than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.025%. 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	edgeX TRUMPUSDC	2.1563	−0.0013	get 0.0006% / 4h	3h 55m	$105K	$263K	20x
Short	Aster TRUMPUSDT	2.1644	0.0100	get 0.0050% / 4h	3h 55m	$424K	$793K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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 edgeXbpFee AsterbpOrdersPrice spread, now +0.373%Rate

Funding earned: $23.65
Price spread: +0.373% → +0.025%: $34.83
Slippage, 4 orders: −$35.43
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: $6.05
Costs to cover: 0.524%
Break-even: 5.2 days

Slippage from edgeX: live order book, 62 min ago; Aster: live order book, 62 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 edgeX live order book, 62 min ago	6.97 bp	14.6 bp −$15	38.9 bp −$389	doesn't fit	doesn't fit
Sell Aster live order book, 62 min ago	6.98 bp	12.4 bp −$12	24.6 bp −$246	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	−0.1765%	1h	2.1490	−0.339%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1571	+0.039%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0074%	1h	2.1635	+0.333%	$94	$6K	5x	as long as short
Extended TRUMP-USD	−0.0032%	1h	2.1629	+0.307%	$74K	$724K	25x	as long as short
Binance TRUMPUSDT	−0.0029%	4h	2.1720	+0.729%	$61.1M	$243.0M	75x	as long as short
edgeX TRUMPUSDClong	−0.0013%	4h	2.1563	long leg	$105K	$263K	20x
dYdX TRUMP-USD	0.0000%	1h	2.1721	+0.733%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1645	+0.380%	$407K	$72K	10x	as long as short
Variational Omni TRUMP	+0.0006%	4h	2.1621	+0.270%	$681K	$503K	—	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1615	+0.240%	$41K	—	150x	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	+0.0042%	8h	2.1700	+0.634%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0042%	4h	2.1620	+0.264%	$4K	$186K	10x	as long as short
Aevo TRUMP-PERP	+0.0072%	1h	2.1633	+0.323%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0080%	1h	2.1733	+0.788%	$961K	$958K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1679	+0.538%	$13.7M	$7.9M	10x	as long as short
Aster TRUMPUSDTshort	+0.0100%	4h	2.1644	+0.373%	$424K	$793K	20x
Pacifica TRUMP	+0.0100%	1h	2.1712	+0.689%	$187K	$52K	10x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1720	+0.728%	$30.8M	$49.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1700	+0.635%	$27.4M	$175.6M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1640	+0.357%	$7.7M	$50.4M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1710	+0.681%	$408K	$148K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1640	+0.357%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1660	+0.449%	$15.7M	$25.7M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1555	−0.038%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1600	+0.171%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1660	+0.449%	$514K	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1608	+0.209%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0173%	1h	2.1665	+0.472%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0212%	4h	2.1610	+0.218%	$4.1M	$682K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0353%	1h	2.1675	+0.519%	$340K	$371K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1520	−0.200%	$278K	$275K	50x	as long as short