TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0126%/8h= +13.8% APRnext payment +$0.63 per $10,000 · paid last 24h +0.070%

Price spread now: BloFin against Gate+0.047%78s7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as 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−$530.528% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.275%+$28 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.047%, 7d avg −0.011%

Together, before fees+0.247%+$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.058% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.011%. The two prices were read 78 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	Gate TRUMP_USDT	2.1360	−0.0098	get 0.0049% / 4h	1h 31m	$7.6M	$53.6M	75x
Short	BloFin TRUMP-USDT	2.1370	0.0028	get 0.0014% / 4h	1h 31m	$4.1M	$685K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.047%Rate

Funding earned: $26.51
Price spread: +0.047% → −0.011%: $5.79
Slippage, 4 orders: −$25.82
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$20.52
Costs to cover: 0.528%
Break-even: 12.4 days

Slippage from Gate: live order book, 2 min ago; BloFin: 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 Gate live order book, 2 min ago	2.34 bp	14.9 bp −$15	28.9 bp −$289	70.4 bp −$7,044	doesn't fit
Sell BloFin live order book, 2 min ago	7.01 bp	13.1 bp −$13	22.9 bp −$229	38.8 bp −$3,883	97.3 bp −$48.7K

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	−0.1927%	1h	2.1290	−0.328%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1357	−0.016%	$5	—	10x	as long as short
Extended TRUMP-USD	−0.0208%	1h	2.1355	−0.024%	$74K	$651K	25x	as long as short
Binance TRUMPUSDT	−0.0208%	4h	2.1370	+0.047%	$60.3M	$252.1M	75x	as long as short
Variational Omni TRUMP	−0.0157%	4h	2.1351	−0.041%	$659K	$424K	—	as long as short
edgeX TRUMPUSDC	−0.0110%	4h	2.1406	+0.217%	$104K	$264K	20x	as long as short
OKX TRUMP-USDT-SWAP	−0.0099%	4h	2.1360	0.000%	$26.4M	$184.2M	50x	as long as short
Kraken Futures PF_TRUMPUSD	−0.0099%	1h	2.1384	+0.113%	$1.3M	$2.3M	50x	as long as short
Gate TRUMP_USDTlong	−0.0098%	4h	2.1360	long leg	$7.6M	$53.6M	75x
Bybit TRUMPUSDT	−0.0089%	4h	2.1370	+0.047%	$30.3M	$52.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0063%	8h	2.1352	−0.036%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	−0.0061%	4h	2.1370	+0.047%	$5K	$246K	10x	as long as short
SoDEX TRUMP-USD	−0.0020%	1h	2.1357	−0.014%	$80	$6K	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1384	+0.112%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1362	+0.009%	$402K	$81K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1365	+0.023%	$40K	—	150x	as long as short
BloFin TRUMP-USDTshort	+0.0028%	4h	2.1370	+0.047%	$4.1M	$685K	75x
Aevo TRUMP-PERP	+0.0032%	1h	2.1350	−0.047%	$19K	—	3x	as long as short
Lighter TRUMP	+0.0088%	1h	2.1348	−0.056%	$943K	$1.0M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1377	+0.080%	$13.5M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1379	+0.091%	$401K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1378	+0.084%	$184K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1360	0.000%	$397K	$149K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1370	+0.047%	$4.1M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1370	+0.047%	$15.2M	$27.2M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1385	+0.118%	$177K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1390	+0.140%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1390	+0.140%	$481K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1370	+0.046%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1360	0.000%	$202K	$421K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0338%	1h	2.1390	+0.140%	$379K	$415K	10x	as long as short