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: edgeX against HTX+0.097%7-day average −0.109% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on HTX Short on edgeX

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)−0.117%−$12 · spread now +0.097%, 7d avg −0.109%

Together, before fees−0.336%+ Points / potential airdropedgeX: Active · farm board−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.206% dearer against HTX than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of −0.109%): +$21 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 7 days (−0.219% in total) that is about 6.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX TRUMP-USDT	2.1970	0.0100	pay 0.0050% / 4h	2h 21m	$556K	$2.0M	50x
Short	edgeX TRUMPUSDC	2.1991	0.0050	get 0.0025% / 4h	2h 21m	$107K	$263K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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 HTXbpFee edgeXbpOrdersPrice spread, now +0.097%Rate

Funding earned: −$10.5
Price spread: +0.097% → −0.109%: $20.59
Slippage, 4 orders: −$40.2
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$51.1
Costs to cover: 0.612%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; edgeX: live order book, 46 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 HTX live order book, 3 min ago	2.27 bp	15.0 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 46 min ago	8.92 bp	16.8 bp −$17	43.1 bp −$431	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	2.1920	−0.228%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1931	−0.177%	$5	—	10x	as long as short
Gate TRUMP_USDT	−0.0090%	4h	2.1950	−0.091%	$7.8M	$49.2M	75x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1967	−0.015%	$27K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1958	−0.055%	$413K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1974	+0.019%	$43K	—	150x	as long as short
edgeX TRUMPUSDCshort	+0.0050%	4h	2.1991	+0.097%	$107K	$263K	20x
SoDEX TRUMP-USD	+0.0060%	1h	2.1944	−0.118%	$78	$6K	5x	as long as short
Lighter TRUMP	+0.0072%	1h	2.1935	−0.159%	$976K	$790K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0072%	8h	2.1952	−0.081%	$5K	$175	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_TRUMP_USDC	+0.0086%	4h	2.1940	−0.137%	$4K	$239K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1959	−0.050%	$14.3M	$7.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1942	−0.130%	$434K	$861K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1959	−0.048%	$189K	$57K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1927	−0.197%	$63.8M	$236.2M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1920	−0.228%	$31.5M	$48.5M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1920	−0.228%	$28.9M	$170.1M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1920	−0.228%	$436K	$147K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1960	−0.046%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1930	−0.182%	$15.7M	$24.3M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2081	+0.507%	$696K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2029	+0.270%	$182K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1970	0.000%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDTlong	+0.0100%	4h	2.1970	long leg	$556K	$2.0M	50x
Extended TRUMP-USD	+0.0104%	1h	2.1939	−0.141%	$76K	$597K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1945	−0.114%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1967	−0.012%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0280%	1h	2.1951	−0.086%	$257K	$319K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0514%	1h	2.1974	+0.020%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2020	+0.228%	$286K	$305K	50x	as long as short