Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: MEXC against Hyperliquid−0.088%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)−0.213%−$21 · spread now −0.088%, 7d avg −0.100%
=Together, before fees−0.289%+ Points / potential airdropHyperliquid: Season 2 · farm board−$29 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid TRUMP | 2.1499 | 0.0100 | pay 0.0013% / 1h | 46m 03s | $14.2M | $7.3M | 10x |
| Short | MEXC TRUMP_USDC | 2.1480 | 0.0100 | get 0.0050% / 4h | 46m 03s | $412K | $148K | 125x |
Hyperliquid TRUMP
MEXC TRUMP_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.088% → −0.100%
- $1.18
- Slippage, 4 orders
- −$21.56
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$29.38
- Costs to cover
- 0.306%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 7 min ago; MEXC: live order book, 3 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 Hyperliquid live order book, 7 min ago | 2.32 bp | 6.9 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.34 bp | 6.3 bp −$6 | 29.8 bp −$298 | 132.4 bp −$13.2K | 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 | −0.1690% | 1h | 2.1340 | −0.740% | $12K | $157K | 12x | as long as short |
| SoDEX TRUMP-USD | −0.0364% | 1h | 2.1505 | +0.028% | $91 | $6K | 5x | as long as short |
| Lighter TRUMP | −0.0280% | 1h | 2.1493 | −0.028% | $951K | $933K | 10x | as long as short |
| Reya TRUMPRUSDPERP | −0.0245% | 1h | 2.1471 | −0.128% | $5 | — | 10x | as long as short |
| Gate TRUMP_USDT | −0.0108% | 4h | 2.1490 | −0.042% | $7.6M | $50.5M | 75x | as long as short |
| Bybit TRUMPUSDT | −0.0031% | 4h | 2.1480 | −0.088% | $30.5M | $49.3M | 50x | as long as short |
| Variational Omni TRUMP | −0.0017% | 4h | 2.1481 | −0.084% | $657K | $482K | — | as long as short |
| dYdX TRUMP-USD | −0.0008% | 1h | 2.1496 | −0.013% | $27K | $512 | 5x | as long as short |
| Paradex TRUMP-USD-PERP | −0.0002% | 8h | 2.1493 | −0.030% | $5K | $175 | 5x | as long as short |
| Deribit TRUMP_USDC-PERPETUAL | 0.0000% | 1h | 2.1504 | +0.023% | $405K | $72K | 10x | as long as short |
Injective TRUMP/USDC PERP
SoDEX TRUMP-USD
Lighter TRUMP
Reya TRUMPRUSDPERP
Gate TRUMP_USDT
Bybit TRUMPUSDT
Variational Omni TRUMP
dYdX TRUMP-USD
Paradex TRUMP-USD-PERP
Deribit TRUMP_USDC-PERPETUALShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) TRUMP/USD | L +0.0008% / S −0.0007% | 1h | 2.1485 | −0.067% | $40K | — | 150x | as long as short |
| edgeX TRUMPUSDC | +0.0029% | 4h | 2.1407 | −0.429% | $104K | $264K | 20x | as long as short |
| Extended TRUMP-USD | +0.0040% | 1h | 2.1469 | −0.138% | $74K | $745K | 25x | as long as short |
| Binance TRUMPUSDT | +0.0040% | 4h | 2.1481 | −0.082% | $60.5M | $241.2M | 75x | as long as short |
| Orderly PERP_TRUMP_USDC | +0.0051% | 4h | 2.1490 | −0.042% | $4K | $219K | 10x | as long as short |
| Aevo TRUMP-PERP | +0.0088% | 1h | 2.1510 | +0.050% | $19K | — | 3x | as long as short |
| Hyperliquid TRUMPlong | +0.0100% | 1h | 2.1499 | long leg | $14.2M | $7.3M | 10x | |
| Aster TRUMPUSDT | +0.0100% | 4h | 2.1502 | +0.016% | $423K | $826K | 20x | as long as short |
| Pacifica TRUMP | +0.0100% | 1h | 2.1481 | −0.082% | $185K | $53K | 10x | as long as short |
| OKX TRUMP-USDT-SWAP | +0.0100% | 4h | 2.1470 | −0.135% | $27.1M | $172.0M | 50x | as long as short |
| MEXC TRUMP_USDCshort | +0.0100% | 4h | 2.1480 | −0.088% | $412K | $148K | 125x | |
| KuCoin TRUMPUSDTM | +0.0100% | 4h | 2.1490 | −0.042% | $4.3M | $11.1M | 50x | as long as short |
| Bitget TRUMPUSDT | +0.0100% | 4h | 2.1480 | −0.088% | $15.5M | $25.7M | 75x | as long as short |
| Backpack TRUMP_USDC_PERP | +0.0100% | 1h | 2.1514 | +0.070% | $252K | $319K | 10x | as long as short |
| GRVT TRUMP_USDT_Perp | +0.0100% | 4h | 2.1417 | −0.381% | $171K | $4.5M | 10x | as long as short |
| SunX TRUMP-USDT | +0.0100% | 4h | 2.1500 | +0.005% | $1K | $1.6M | 50x | as long as short |
| HTX TRUMP-USDT | +0.0100% | 4h | 2.1510 | +0.051% | $498K | $2.1M | 50x | as long as short |
| BloFin TRUMP-USDT | +0.0172% | 4h | 2.1440 | −0.274% | $4.1M | $673K | 75x | as long as short |
| GMX TRUMP/USD [ETH-USDC] | L +0.0216% / S −0.0188% | 1h | 2.1487 | −0.056% | $10K | — | 100x | as long as short |
| Kraken Futures PF_TRUMPUSD | +0.0220% | 1h | 2.1526 | +0.124% | $1.3M | $2.2M | 50x | as long as short |
| Coinbase International TRUMP-PERP-INTX | +0.0472% | 1h | 2.1550 | +0.237% | $279K | $281K | 50x | as long as short |
gTrade (Gains Network) TRUMP/USD
edgeX TRUMPUSDC
Extended TRUMP-USD
Binance TRUMPUSDT
Orderly PERP_TRUMP_USDC
Aevo TRUMP-PERP
Aster TRUMPUSDT
Pacifica TRUMP
OKX TRUMP-USDT-SWAP
KuCoin TRUMPUSDTM
Bitget TRUMPUSDT
Backpack TRUMP_USDC_PERP
GRVT TRUMP_USDT_Perp
SunX TRUMP-USDT
HTX TRUMP-USDT
BloFin TRUMP-USDT
GMX TRUMP/USD [ETH-USDC]
Kraken Futures PF_TRUMPUSD
Coinbase International TRUMP-PERP-INTX