TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.013%

Price spread now: edgeX against MEXC−0.009%98s7-day average +0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as 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−$470.471% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.067%+$7 on $10k

Price spread, last 3 days (all we have)+0.217%+$22 · spread now −0.009%, 7d avg +0.040%

Together, before fees+0.284%+ Points / potential airdropedgeX: Active · farm board+$28 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and edgeX is 0.049% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.040%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you. The two prices were read 98 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	2.1890	0.0100	pay 0.0050% / 4h	1h 05m	$481K	$134K	125x
Short	edgeX TRUMPUSDC	2.1888	0.0050	get 0.0025% / 4h	1h 05m	$119K	$248K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$10.5
Price spread: −0.009% → +0.040%: −$4.88
Slippage, 4 orders: −$38.13
Fee MEXC: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$62.51
Costs to cover: 0.471%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; edgeX: live order book, 11 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, 4 min ago	2.28 bp	8.8 bp −$9	28.0 bp −$280	137.6 bp −$13.8K	doesn't fit
Sell edgeX live order book, 11 min ago	6.85 bp	14.2 bp −$14	101.4 bp −$1,014	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	−0.1472%	1h	2.1800	−0.411%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1927	+0.169%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1905	+0.068%	$27K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1926	+0.164%	$411K	$76K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1926	+0.164%	$41K	—	150x	as long as short
edgeX TRUMPUSDCshort	+0.0050%	4h	2.1888	−0.009%	$119K	$248K	20x
Orderly PERP_TRUMP_USDC	+0.0087%	4h	2.1910	+0.091%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0093%	8h	2.1914	+0.109%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1913	+0.105%	$986K	$724K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1939	+0.224%	$14.1M	$7.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster TRUMPUSDT	+0.0100%	4h	2.1929	+0.179%	$456K	$834K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1920	+0.136%	$189K	$59K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.1890	0.000%	$62.4M	$220.7M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1890	0.000%	$30.5M	$43.4M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1890	0.000%	$26.9M	$150.8M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.1910	+0.091%	$7.4M	$47.5M	75x	as long as short
MEXC TRUMP_USDClong	+0.0100%	4h	2.1890	long leg	$481K	$134K	125x
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1900	+0.046%	$4.6M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1900	+0.046%	$15.5M	$21.1M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.1882	−0.036%	$692K	$270K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1911	+0.097%	$190K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1950	+0.274%	$2K	$1.5M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.1918	+0.128%	$74	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1940	+0.228%	$529K	$1.8M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.1881	−0.043%	$75K	$471K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.1915	+0.114%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1930	+0.181%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.1910	+0.091%	$4.2M	$626K	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0341%	1h	2.1937	+0.215%	$259K	$274K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1890	0.000%	$282K	$401K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0521%	1h	2.1944	+0.248%	$1.3M	$2.5M	50x	as long as short