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 −0.013%

Price spread now: edgeX against Gate+0.175%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$570.570% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.140%−$14 on $10k

Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.175%, 7d avg −0.019%

Together, before fees−0.249%+ Points / potential airdropedgeX: Active · farm board−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.194% dearer against Gate than usual: you sell high and buy low (spread +0.175% now, against its 7-day average of −0.019%): +$19 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate TRUMP_USDT	2.1810	0.0100	pay 0.0050% / 4h	3h 56m	$7.4M	$46.5M	75x
Short	edgeX TRUMPUSDC	2.1848	0.0050	get 0.0025% / 4h	3h 56m	$119K	$248K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.175%Rate

Funding earned: −$10.5
Price spread: +0.175% → −0.019%: $19.39
Slippage, 4 orders: −$32.97
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$48.08
Costs to cover: 0.570%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; edgeX: live order book, 16 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	2.29 bp	15.9 bp −$16	33.7 bp −$337	68.7 bp −$6,874	doesn't fit
Sell edgeX live order book, 16 min ago	6.87 bp	13.9 bp −$14	38.2 bp −$382	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	−0.1608%	1h	2.1730	−0.367%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1822	+0.055%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1837	+0.123%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1816	+0.028%	$409K	$77K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1836	+0.120%	$41K	—	150x	as long as short
edgeX TRUMPUSDCshort	+0.0050%	4h	2.1848	+0.175%	$119K	$248K	20x
Orderly PERP_TRUMP_USDC	+0.0095%	4h	2.1810	0.000%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1807	−0.014%	$978K	$705K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0098%	8h	2.1835	+0.115%	$5K	—	5x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1818	+0.036%	$454K	$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	2.1844	+0.154%	$188K	$60K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1825	+0.069%	$62.7M	$227.0M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1820	+0.046%	$30.6M	$44.8M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1820	+0.046%	$27.1M	$152.9M	50x	as long as short
Gate TRUMP_USDTlong	+0.0100%	4h	2.1810	long leg	$7.4M	$46.5M	75x
MEXC TRUMP_USDC	+0.0100%	4h	2.1800	−0.046%	$472K	$131K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1810	0.000%	$4.2M	$10.3M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1820	+0.046%	$15.5M	$21.9M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1862	+0.239%	$638K	$377K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1888	+0.359%	$187K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1850	+0.183%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1809	−0.005%	$74	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1860	+0.229%	$553K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1811	+0.004%	$75K	$463K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1817	+0.033%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0135%	1h	2.1852	+0.193%	$14.2M	$7.6M	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1831	+0.095%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1810	0.000%	$4.2M	$631K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0392%	1h	2.1829	+0.087%	$255K	$284K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.2060	+1.146%	$285K	$388K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0789%	1h	2.1836	+0.120%	$1.3M	$2.5M	50x	as long as short