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: SunX against edgeX+0.089%7-day average +0.121% · you sell dearer than you buy

Net, funding: paid 7d − costs−$162as in the Funding arb table

Net, price: spread back to 7d avg − costs−$187as in the Price arb table

costs, in and out, $10k−$1841.835% of the position

Long on edgeX Short on SunX

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)+0.028%+$3 · spread now +0.089%, 7d avg +0.121%

Together, before fees+0.247%+ Points / potential airdropedgeX: Active · farm board+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.032% cheaper against edgeX than usual: you would sell low and buy high (spread +0.089% now, against its 7-day average of +0.121%). If the spread goes back, that is −$3 on $10k: about 2.1 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 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX TRUMPUSDC	2.1761	0.0050	pay 0.0025% / 4h	2h 00m	$118K	$248K	20x
Short	SunX TRUMP-USDT	2.1780	0.0100	get 0.0050% / 4h	2h 00m	$2K	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.089%Rate

Funding earned: $10.5
Price spread: +0.089% → +0.121%: −$3.22
Slippage, 4 orders: −$166.52
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$176.24
Costs to cover: 1.835%
Break-even: 124.5 days

Slippage from edgeX: live order book, 22 min ago; SunX: live order book, 4 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, 22 min ago	6.86 bp	14.3 bp −$14	38.9 bp −$389	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	32.17 bp	93.0 bp −$93	doesn't fit	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	−0.1787%	1h	2.1760	−0.003%	$13K	$137K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1774	+0.062%	$5	—	10x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0131%	1h	2.1807	+0.215%	$1.3M	$2.3M	50x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0071%	1h	2.1782	+0.098%	$408K	$79K	10x	as long as short
dYdX TRUMP-USD	−0.0004%	1h	2.1769	+0.039%	$27K	$485	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1782	+0.096%	$41K	—	150x	as long as short
edgeX TRUMPUSDClong	+0.0050%	4h	2.1761	long leg	$118K	$248K	20x
Paradex TRUMP-USD-PERP	+0.0084%	8h	2.1760	−0.001%	$5K	—	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1770	+0.043%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0088%	1h	2.1751	−0.044%	$968K	$666K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRUMP	+0.0100%	1h	2.1803	+0.195%	$14.0M	$7.4M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1770	+0.043%	$455K	$832K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1770	+0.041%	$187K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1779	+0.083%	$62.0M	$215.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1770	+0.043%	$30.4M	$42.5M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1780	+0.089%	$26.7M	$147.5M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1760	−0.003%	$7.3M	$46.8M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1750	−0.049%	$478K	$136K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1770	+0.043%	$4.7M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1780	+0.089%	$15.4M	$20.4M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1764	+0.016%	$679K	$261K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1731	−0.134%	$178K	$4.6M	10x	as long as short
SunX TRUMP-USDTshort	+0.0100%	4h	2.1780	+0.089%	$2K	$1.5M	50x
SoDEX TRUMP-USD	+0.0100%	1h	2.1775	+0.066%	$70	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1800	+0.181%	$513K	$1.7M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1753	−0.037%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1766	+0.022%	$19K	—	3x	as long as short
Backpack TRUMP_USDC_PERP	+0.0149%	1h	2.1790	+0.135%	$261K	$266K	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1778	+0.080%	$10K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0288%	1h	2.1860	+0.457%	$281K	$399K	50x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1750	−0.049%	$4.2M	$501K	75x	as long as short