TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.49 per $10,000 · paid last 24h +0.011%

Price spread now: Binance against edgeX−0.216%80s7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as 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−$440.442% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.216%, 7d avg +0.001%

Together, before fees+0.141%+ Points / potential airdropedgeX: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.218% cheaper against edgeX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.001%). Swap the legs. The two prices were read 80 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	2.1406	−0.0110	get 0.0055% / 4h	1h 32m	$104K	$264K	20x
Short	Binance TRUMPUSDT	2.1360	−0.0208	pay 0.0104% / 4h	1h 32m	$60.3M	$252.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.216%Rate

Funding earned: −$20.58
Price spread: −0.216% → +0.001%: −$21.76
Slippage, 4 orders: −$25.19
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$86.53
Costs to cover: 0.442%
Break-even: never at this rate

Slippage from edgeX: live order book, 10 min ago; Binance: live order book, 11 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, 10 min ago	7.01 bp	14.3 bp −$14	39.1 bp −$391	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	2.34 bp	8.4 bp −$8	13.9 bp −$139	38.7 bp −$3,867	182.6 bp −$91.3K

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	2.1290	−0.543%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1357	−0.232%	$5	—	10x	as long as short
Extended TRUMP-USD	−0.0208%	1h	2.1345	−0.287%	$74K	$656K	25x	as long as short
Binance TRUMPUSDTshort	−0.0208%	4h	2.1360	−0.216%	$60.3M	$252.0M	75x
Variational Omni TRUMP	−0.0157%	4h	2.1351	−0.257%	$659K	$424K	—	as long as short
edgeX TRUMPUSDClong	−0.0110%	4h	2.1406	long leg	$104K	$264K	20x
OKX TRUMP-USDT-SWAP	−0.0099%	4h	2.1350	−0.263%	$26.4M	$184.1M	50x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0099%	1h	2.1384	−0.104%	$1.3M	$2.3M	50x	as long as short
Gate TRUMP_USDT	−0.0098%	4h	2.1360	−0.216%	$7.6M	$53.6M	75x	as long as short
Bybit TRUMPUSDT	−0.0089%	4h	2.1350	−0.263%	$30.3M	$52.5M	50x	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	−0.0063%	8h	2.1352	−0.252%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	−0.0061%	4h	2.1370	−0.170%	$5K	$246K	10x	as long as short
SoDEX TRUMP-USD	−0.0020%	1h	2.1357	−0.230%	$80	$6K	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1384	−0.104%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1362	−0.207%	$402K	$81K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1365	−0.193%	$40K	—	150x	as long as short
BloFin TRUMP-USDT	+0.0028%	4h	2.1370	−0.170%	$4.1M	$685K	75x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1350	−0.263%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0088%	1h	2.1348	−0.272%	$943K	$1.0M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1368	−0.179%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1372	−0.159%	$401K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1378	−0.132%	$184K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1350	−0.263%	$397K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1370	−0.170%	$4.1M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1380	−0.123%	$15.2M	$27.2M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1385	−0.099%	$177K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1390	−0.076%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1390	−0.076%	$481K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1370	−0.171%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1360	−0.216%	$202K	$421K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0338%	1h	2.1390	−0.076%	$379K	$415K	10x	as long as short