TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.016%

Price spread now: OKX against edgeX−0.092%7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$460.455% of the position

Long on edgeX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.092%, 7d avg −0.008%

Together, before fees+0.156%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. OKX is 0.083% cheaper against edgeX than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.008%). If the spread goes back, that is −$8 on $10k: about 5.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.2040	0.0050	pay 0.0025% / 4h	3h 28m	$120K	$250K	20x
Short	OKX TRUMP-USDT-SWAP	2.2020	0.0100	get 0.0050% / 4h	3h 28m	$27.3M	$153.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.092%Rate

Funding earned: $10.5
Price spread: −0.092% → −0.008%: −$8.34
Slippage, 4 orders: −$26.52
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$43.36
Costs to cover: 0.455%
Break-even: 35.9 days

Slippage from edgeX: live order book, 43 min ago; OKX: live order book, 5 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, 43 min ago	6.87 bp	14.3 bp −$14	38.6 bp −$386	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	2.27 bp	10.1 bp −$10	13.8 bp −$138	57.6 bp −$5,756	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	−0.1608%	1h	2.1950	−0.409%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2062	+0.097%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2046	+0.029%	$28K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2065	+0.113%	$414K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2066	+0.115%	$42K	—	150x	as long as short
edgeX TRUMPUSDClong	+0.0050%	4h	2.2040	long leg	$120K	$250K	20x
Lighter TRUMP	+0.0096%	1h	2.2053	+0.058%	$980K	$769K	10x	as long as short
Orderly PERP_TRUMP_USDC	+0.0097%	4h	2.2060	+0.090%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0098%	8h	2.2048	+0.037%	$5K	—	5x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2064	+0.107%	$459K	$836K	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	2.2050	+0.046%	$190K	$53K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2047	+0.029%	$63.0M	$222.2M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2010	−0.137%	$30.9M	$44.5M	50x	as long as short
OKX TRUMP-USDT-SWAPshort	+0.0100%	4h	2.2020	−0.092%	$27.3M	$153.9M	50x
Gate TRUMP_USDT	+0.0100%	4h	2.2050	+0.045%	$7.6M	$47.3M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2040	−0.001%	$478K	$133K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2070	+0.135%	$4.4M	$10.5M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2030	−0.046%	$16.1M	$22.0M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2022	−0.084%	$706K	$435K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2030	−0.046%	$188K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2080	+0.181%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2056	+0.072%	$75	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2100	+0.271%	$558K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2040	0.000%	$78K	$610K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2055	+0.067%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0175%	1h	2.2083	+0.193%	$14.3M	$6.6M	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.2069	+0.132%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2050	+0.045%	$4.2M	$630K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0454%	1h	2.2083	+0.194%	$258K	$278K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.1790	−1.135%	$283K	$271K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0780%	1h	2.2079	+0.175%	$1.3M	$2.5M	50x	as long as short