TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Pacifica against Extended+0.001%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$560.558% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.223%+$22 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now +0.001%, 7d avg +0.062%

Together, before fees+0.292%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$29 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.061% cheaper against Extended than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended TRUMP-USD	2.2059	0.0104	pay 0.0013% / 1h	25m 55s	$76K	$597K	25x
Short	Pacifica TRUMP	2.2059	0.0100	get 0.0013% / 1h	25m 55s	$190K	$57K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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 ExtendedbpFee PacificabpOrdersPrice spread, now +0.001%Rate

Funding earned: −$0.84
Price spread: +0.001% → +0.062%: −$6.08
Slippage, 4 orders: −$42.83
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$62.74
Costs to cover: 0.558%
Break-even: never at this rate

Slippage from Extended: live order book, 42 min ago; Pacifica: live order book, 42 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 Extended live order book, 42 min ago	4.46 bp	7.5 bp −$7	29.4 bp −$294	doesn't fit	doesn't fit
Sell Pacifica live order book, 42 min ago	10.70 bp	23.2 bp −$23	doesn't fit	doesn't fit	doesn't fit

TRUMP on 30 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	−0.1623%	1h	2.1880	−0.811%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2087	+0.126%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0050%	4h	2.2080	+0.096%	$7.8M	$49.1M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2056	−0.012%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2106	+0.214%	$416K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2104	+0.206%	$43K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2002	−0.258%	$107K	$262K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0073%	8h	2.2078	+0.087%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.2100	+0.187%	$4K	$240K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2087	+0.128%	$982K	$790K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid TRUMP	+0.0100%	1h	2.2095	+0.164%	$14.4M	$7.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2104	+0.206%	$437K	$861K	20x	as long as short
Pacifica TRUMPshort	+0.0100%	1h	2.2059	+0.001%	$190K	$57K	10x
Binance TRUMPUSDT	+0.0100%	4h	2.2077	+0.084%	$64.1M	$235.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2060	+0.005%	$31.7M	$48.4M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2070	+0.051%	$29.1M	$170.9M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2050	−0.040%	$439K	$146K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2080	+0.096%	$4.1M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2080	+0.096%	$15.8M	$24.3M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2081	+0.102%	$696K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2006	−0.237%	$181K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2120	+0.277%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2095	+0.164%	$78	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2150	+0.413%	$554K	$2.0M	50x	as long as short
Extended TRUMP-USDlong	+0.0104%	1h	2.2059	long leg	$76K	$597K	25x
Aevo TRUMP-PERP	+0.0104%	1h	2.2090	+0.141%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2102	+0.196%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0302%	1h	2.2125	+0.300%	$259K	$319K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0510%	1h	2.2122	+0.287%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2190	+0.595%	$288K	$307K	50x	as long as short