TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0238%/8h= +26.0% APRnext payment +$1.19 per $10,000 · paid last 24h +0.019%

Price spread now: Bitget against edgeX+0.402%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$500.502% of the position

Long on edgeX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.107%+$11 on $10k

Price spread, last 4 days (all we have)−0.488%−$49 · spread now +0.402%, 7d avg +0.007%

Together, before fees−0.380%+ Points / potential airdropedgeX: Active · farm board−$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.396% dearer against edgeX than usual: you sell high and buy low: +$40 more if the spread goes back to its 7-day average of +0.007%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.107% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.19 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1354	−0.0138	get 0.0069% / 4h	2h 17m	$104K	$264K	20x
Short	Bitget TRUMPUSDT	2.1440	0.0100	get 0.0050% / 4h	2h 17m	$15.4M	$26.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.402%Rate

Funding earned: $49.91
Price spread: +0.402% → +0.007%: $39.55
Slippage, 4 orders: −$29.17
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: $39.3
Costs to cover: 0.502%
Break-even: 1.5 days

Slippage from edgeX: live order book, 30 min ago; Bitget: live order book, 2 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, 30 min ago	6.99 bp	14.4 bp −$14	39.6 bp −$396	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	4.67 bp	10.7 bp −$11	14.3 bp −$143	54.5 bp −$5,451	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	−0.1827%	1h	2.1300	−0.254%	$12K	$157K	12x	as long as short
Lighter TRUMP	−0.0432%	1h	2.1417	+0.294%	$947K	$1.0M	10x	as long as short
SoDEX TRUMP-USD	−0.0367%	1h	2.1425	+0.332%	$84	$6K	5x	as long as short
Bybit TRUMPUSDT	−0.0363%	4h	2.1420	+0.308%	$30.2M	$51.8M	50x	as long as short
Extended TRUMP-USD	−0.0280%	1h	2.1409	+0.259%	$74K	$744K	25x	as long as short
Binance TRUMPUSDT	−0.0278%	4h	2.1427	+0.342%	$60.4M	$250.9M	75x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1412	+0.269%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0216%	1h	2.1431	+0.360%	$403K	$72K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0213%	8h	2.1429	+0.350%	$5K	$175	5x	as long as short
Variational Omni TRUMP	−0.0201%	4h	2.1331	−0.107%	$659K	$426K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate TRUMP_USDT	−0.0186%	4h	2.1420	+0.308%	$7.7M	$53.6M	75x	as long as short
edgeX TRUMPUSDClong	−0.0138%	4h	2.1354	long leg	$104K	$264K	20x
OKX TRUMP-USDT-SWAP	−0.0081%	4h	2.1410	+0.262%	$27.0M	$182.1M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0055%	4h	2.1430	+0.355%	$5K	$220K	10x	as long as short
BloFin TRUMP-USDT	−0.0038%	4h	2.1430	+0.355%	$4.1M	$690K	75x	as long as short
dYdX TRUMP-USD	−0.0021%	1h	2.1436	+0.382%	$27K	$506	5x	as long as short
GRVT TRUMP_USDT_Perp	−0.0010%	4h	2.1432	+0.365%	$173K	$4.7M	10x	as long as short
Aevo TRUMP-PERP	+0.0008%	1h	2.1410	+0.262%	$19K	—	3x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1435	+0.378%	$40K	—	150x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1433	+0.369%	$13.5M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1432	+0.364%	$403K	$772K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1428	+0.345%	$184K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1430	+0.355%	$399K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1420	+0.308%	$4.1M	$11.2M	50x	as long as short
Bitget TRUMPUSDTshort	+0.0100%	4h	2.1440	+0.402%	$15.4M	$26.8M	75x
SunX TRUMP-USDT	+0.0100%	4h	2.1470	+0.543%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1460	+0.496%	$481K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1429	+0.350%	$9K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0198%	1h	2.1451	+0.454%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0221%	1h	2.1453	+0.463%	$381K	$411K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1430	+0.355%	$242K	$355K	50x	as long as short