TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.022%

Price spread now: KuCoin against edgeX+0.127%98s7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as 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−$710.706% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.088%+$9 on $10k

Price spread, last 4 days (all we have)−0.346%−$35 · spread now +0.127%, 7d avg +0.025%

Together, before fees−0.258%+ Points / potential airdropedgeX: Active · farm board−$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.102% dearer against edgeX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.025%. The two prices were read 98 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	2.1453	−0.0118	get 0.0059% / 4h	3h 37m	$105K	$252K	20x
Short	KuCoin TRUMPUSDTM	2.1480	−0.0038	pay 0.0019% / 4h	3h 37m	$4.1M	$10.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.127%Rate

Funding earned: $16.83
Price spread: +0.127% → +0.025%: $10.18
Slippage, 4 orders: −$49.59
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$43.58
Costs to cover: 0.706%
Break-even: 25.1 days

Slippage from edgeX: live order book, 60 min ago; KuCoin: 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, 60 min ago	9.34 bp	17.9 bp −$18	117.6 bp −$1,176	doesn't fit	doesn't fit
Sell KuCoin live order book, 11 min ago	2.32 bp	19.3 bp −$19	71.7 bp −$717	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	−0.1829%	1h	2.1360	−0.432%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0655%	1h	2.1465	+0.057%	$71	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0309%	1h	2.1470	+0.080%	$388K	$81K	10x	as long as short
Variational Omni TRUMP	−0.0300%	4h	2.1441	−0.053%	$661K	$415K	—	as long as short
Bybit TRUMPUSDT	−0.0270%	4h	2.1490	+0.174%	$30.7M	$51.8M	50x	as long as short
Lighter TRUMP	−0.0256%	1h	2.1470	+0.080%	$938K	$990K	10x	as long as short
Binance TRUMPUSDT	−0.0250%	4h	2.1490	+0.174%	$61.0M	$247.0M	75x	as long as short
Extended TRUMP-USD	−0.0248%	1h	2.1474	+0.101%	$74K	$494K	25x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1452	−0.005%	$5	—	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0240%	4h	2.1480	+0.127%	$26.9M	$182.9M	50x	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	−0.0228%	4h	2.1480	+0.127%	$7.7M	$49.6M	75x	as long as short
Paradex TRUMP-USD-PERP	−0.0162%	8h	2.1435	−0.084%	$5K	$175	5x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1410	−0.199%	$165K	$472K	50x	as long as short
edgeX TRUMPUSDClong	−0.0118%	4h	2.1453	long leg	$105K	$252K	20x
Orderly PERP_TRUMP_USDC	−0.0095%	4h	2.1450	−0.013%	$5K	$296K	10x	as long as short
GRVT TRUMP_USDT_Perp	−0.0090%	4h	2.1502	+0.231%	$181K	$4.3M	10x	as long as short
KuCoin TRUMPUSDTMshort	−0.0038%	4h	2.1480	+0.127%	$4.1M	$10.7M	50x
dYdX TRUMP-USD	−0.0027%	1h	2.1464	+0.053%	$27K	$805	5x	as long as short
BloFin TRUMP-USDT	−0.0006%	4h	2.1430	−0.106%	$4.2M	$685K	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1480	+0.127%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1443	−0.046%	$19K	—	3x	as long as short
Bitget TRUMPUSDT	+0.0030%	4h	2.1490	+0.174%	$15.3M	$26.5M	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1506	+0.246%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1500	+0.221%	$408K	$719K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1458	+0.025%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1470	+0.080%	$399K	$148K	125x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1470	+0.080%	$2K	$1.5M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1490	+0.174%	$500K	$2.5M	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0121%	1h	2.1499	+0.216%	$1.3M	$2.3M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0136% / S −0.0098%	1h	2.1481	+0.133%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0297%	1h	2.1520	+0.314%	$381K	$420K	10x	as long as short