TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.069%

Price spread now: BloFin against MEXC+0.403%109s7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1as 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−$490.491% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.477%+$48 on $10k

Price spread, last 3 days (all we have)−0.326%−$33 · spread now +0.403%, 7d avg +0.058%

Together, before fees+0.150%+$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.345% dearer against MEXC than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.058%. The two prices were read 109 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	MEXC TRUMP_USDC	2.2360	0.0100	pay 0.0050% / 4h	3h 05m	$482K	$134K	125x
Short	BloFin TRUMP-USDT	2.2450	0.0340	get 0.0170% / 4h	3h 05m	$4.4M	$675K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.403%Rate

Funding earned: $50.4
Price spread: +0.403% → +0.058%: $34.46
Slippage, 4 orders: −$37.15
Fee MEXC: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: $35.71
Costs to cover: 0.491%
Break-even: 2.0 days

Slippage from MEXC: live order book, 59 min ago; BloFin: 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 MEXC live order book, 59 min ago	2.29 bp	9.3 bp −$9	39.1 bp −$391	143.7 bp −$14.4K	doesn't fit
Sell BloFin live order book, 3 min ago	6.68 bp	20.0 bp −$20	25.4 bp −$254	39.6 bp −$3,956	153.4 bp −$76.7K

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	−0.1608%	1h	2.2260	−0.447%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2371	+0.048%	$5	—	10x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0063%	1h	2.2370	+0.045%	$419K	$78K	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2400	+0.178%	$28K	$512	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2375	+0.067%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2432	+0.322%	$109K	$263K	20x	as long as short
Paradex TRUMP-USD-PERP	+0.0086%	8h	2.2395	+0.156%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0094%	4h	2.2360	0.000%	$3K	$249K	10x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2390	+0.134%	$993K	$782K	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2370	+0.043%	$467K	$837K	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	2.2394	+0.150%	$194K	$55K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2360	0.000%	$64.7M	$228.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2360	0.000%	$31.7M	$45.9M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2370	+0.045%	$28.4M	$162.8M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.2360	0.000%	$8.0M	$49.0M	75x	as long as short
MEXC TRUMP_USDClong	+0.0100%	4h	2.2360	long leg	$482K	$134K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2370	+0.045%	$4.4M	$10.7M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2380	+0.089%	$16.2M	$22.8M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2321	−0.175%	$710K	$441K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2470	+0.492%	$190K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2390	+0.134%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2366	+0.027%	$81	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2400	+0.179%	$581K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2359	−0.003%	$80K	$600K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2360	0.000%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0110%	1h	2.2395	+0.157%	$14.6M	$6.6M	10x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2372	+0.054%	$10K	—	100x	as long as short
BloFin TRUMP-USDTshort	+0.0340%	4h	2.2450	+0.403%	$4.4M	$675K	75x
Backpack TRUMP_USDC_PERP	+0.0456%	1h	2.2388	+0.125%	$265K	$302K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0624%	1h	2.2390	+0.134%	$297K	$257K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0769%	1h	2.2394	+0.151%	$1.3M	$2.6M	50x	as long as short