TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.016%

Price spread now: HTX against edgeX+0.041%7-day average +0.116% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$750.752% of the position

Long on edgeX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.219%+$22 on $10k

Price spread, last 3 days (all we have)+0.036%+$4 · spread now +0.041%, 7d avg +0.116%

Together, before fees+0.255%+ Points / potential airdropedgeX: Active · farm board+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. HTX is 0.075% cheaper against edgeX than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.116%). If the spread goes back, that is −$7 on $10k: about 5.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.219% in total) that is about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1891	0.0050	pay 0.0025% / 4h	16m 54s	$119K	$249K	20x
Short	HTX TRUMP-USDT	2.1900	0.0100	get 0.0050% / 4h	16m 54s	$554K	$1.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.041%Rate

Funding earned: $10.5
Price spread: +0.041% → +0.116%: −$7.48
Slippage, 4 orders: −$54.22
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$72.21
Costs to cover: 0.752%
Break-even: 55.1 days

Slippage from edgeX: live order book, 60 min ago; HTX: 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, 60 min ago	6.85 bp	14.3 bp −$14	90.4 bp −$904	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	9.12 bp	25.8 bp −$26	46.6 bp −$466	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	−0.1537%	1h	2.1770	−0.553%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1862	−0.134%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1876	−0.068%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1865	−0.119%	$410K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1866	−0.114%	$41K	—	150x	as long as short
edgeX TRUMPUSDClong	+0.0050%	4h	2.1891	long leg	$119K	$249K	20x
Orderly PERP_TRUMP_USDC	+0.0096%	4h	2.1860	−0.142%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1877	−0.064%	$981K	$741K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0098%	8h	2.1869	−0.100%	$5K	—	5x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1889	−0.007%	$456K	$833K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMP	+0.0100%	1h	2.1882	−0.042%	$189K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1885	−0.027%	$62.8M	$226.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1880	−0.050%	$30.8M	$44.7M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1880	−0.050%	$27.2M	$153.1M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1880	−0.050%	$7.5M	$48.7M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1870	−0.096%	$474K	$134K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1880	−0.050%	$4.4M	$10.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1890	−0.005%	$15.5M	$21.8M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1852	−0.178%	$639K	$377K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1910	+0.087%	$193K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1890	−0.005%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1875	−0.073%	$74	$6K	5x	as long as short
HTX TRUMP-USDTshort	+0.0100%	4h	2.1900	+0.041%	$554K	$1.9M	50x
Extended TRUMP-USD	+0.0104%	1h	2.1881	−0.046%	$75K	$469K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1860	−0.142%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1861	−0.139%	$10K	—	100x	as long as short
Hyperliquid TRUMP	+0.0269%	1h	2.1901	+0.045%	$14.1M	$7.6M	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1870	−0.096%	$4.2M	$636K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0424%	1h	2.2060	+0.772%	$285K	$391K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0485%	1h	2.1900	+0.041%	$256K	$282K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0872%	1h	2.1907	+0.074%	$1.3M	$2.5M	50x	as long as short