TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0171%/8h= +18.8% APRnext payment +$0.86 per $10,000 · paid last 24h +0.082%

Price spread now: BloFin against edgeX−0.137%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$550.549% of the position

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.409%+$41 on $10k

Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.137%, 7d avg +0.010%

Together, before fees+0.521%+ Points / potential airdropedgeX: Active · farm board+$52 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.147% cheaper against edgeX than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.010%). If the spread goes back, that is −$15 on $10k: about 2.9 days of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1570	−0.0001	get 0.0001% / 4h	20m 43s	$105K	$264K	20x
Short	BloFin TRUMP-USDT	2.1540	0.0170	get 0.0085% / 4h	20m 43s	$4.1M	$683K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.137%Rate

Funding earned: $36
Price spread: −0.137% → +0.010%: −$14.72
Slippage, 4 orders: −$33.86
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$33.58
Costs to cover: 0.549%
Break-even: 13.5 days

Slippage from edgeX: live order book, 37 min ago; BloFin: live order book, 3 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, 37 min ago	6.97 bp	14.6 bp −$15	38.9 bp −$389	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	6.95 bp	13.0 bp −$13	16.4 bp −$164	27.8 bp −$2,784	88.1 bp −$44.1K

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	−0.1690%	1h	2.1430	−0.647%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1551	−0.085%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0121%	1h	2.1565	−0.021%	$95	$6K	5x	as long as short
Lighter TRUMP	−0.0080%	1h	2.1567	−0.012%	$955K	$957K	10x	as long as short
Gate TRUMP_USDT	−0.0058%	4h	2.1570	+0.002%	$7.6M	$51.0M	75x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0028%	1h	2.1566	−0.017%	$406K	$72K	10x	as long as short
Binance TRUMPUSDT	−0.0009%	4h	2.1572	+0.010%	$60.5M	$241.6M	75x	as long as short
Variational Omni TRUMP	−0.0009%	4h	2.1551	−0.086%	$665K	$488K	—	as long as short
Extended TRUMP-USD	−0.0008%	1h	2.1559	−0.047%	$75K	$716K	25x	as long as short
dYdX TRUMP-USD	−0.0003%	1h	2.1576	+0.029%	$27K	$512	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TRUMPUSDClong	−0.0001%	4h	2.1570	long leg	$105K	$264K	20x
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1570	+0.003%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0026%	8h	2.1538	−0.148%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0044%	4h	2.1560	−0.044%	$4K	$207K	10x	as long as short
Bybit TRUMPUSDT	+0.0078%	4h	2.1580	+0.048%	$30.6M	$49.6M	50x	as long as short
Aevo TRUMP-PERP	+0.0080%	1h	2.1551	−0.088%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1596	+0.123%	$14.3M	$7.4M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1570	+0.002%	$422K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1582	+0.058%	$186K	$53K	10x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1560	−0.044%	$27.2M	$173.8M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1560	−0.044%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1570	+0.002%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1580	+0.048%	$15.6M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1584	+0.067%	$252K	$319K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1580	+0.048%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1590	+0.095%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1570	+0.002%	$503K	$2.2M	50x	as long as short
BloFin TRUMP-USDTshort	+0.0170%	4h	2.1540	−0.137%	$4.1M	$683K	75x
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1569	−0.004%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1589	+0.089%	$1.3M	$2.2M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1580	+0.048%	$279K	$281K	50x	as long as short