TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.003%

Price spread now: KuCoin against MEXC0.000%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$490.492% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.134%+$13 on $10k

Price spread, last 4 days (all we have)+0.071%+$7 · spread now 0.000%, 7d avg +0.067%

Together, before fees+0.205%+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.067% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.067%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.134%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC TRUMP_USDC	2.1450	0.0100	pay 0.0050% / 4h	50m 06s	$399K	$146K	125x
Short	KuCoin TRUMPUSDTM	2.1450	0.0060	get 0.0030% / 4h	50m 06s	$4.1M	$10.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$8.4
Price spread: 0.000% → +0.067%: −$6.68
Slippage, 4 orders: −$37.18
Fee MEXC: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$64.26
Costs to cover: 0.492%
Break-even: never at this rate

Slippage from MEXC: live order book, 44 min ago; KuCoin: live order book, 8 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, 44 min ago	4.69 bp	9.4 bp −$9	23.5 bp −$235	116.7 bp −$11.7K	doesn't fit
Sell KuCoin live order book, 8 min ago	2.34 bp	15.5 bp −$16	72.2 bp −$722	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	−0.1797%	1h	2.1340	−0.513%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0260%	1h	2.1457	+0.033%	$82	$6K	5x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1421	−0.134%	$5	—	10x	as long as short
Binance TRUMPUSDT	−0.0162%	4h	2.1473	+0.109%	$60.8M	$250.9M	75x	as long as short
Extended TRUMP-USD	−0.0160%	1h	2.1449	−0.003%	$74K	$493K	25x	as long as short
Lighter TRUMP	−0.0144%	1h	2.1450	0.000%	$938K	$1.0M	10x	as long as short
Variational Omni TRUMP	−0.0140%	4h	2.1411	−0.183%	$661K	$423K	—	as long as short
OKX TRUMP-USDT-SWAP	−0.0131%	4h	2.1450	0.000%	$26.6M	$184.4M	50x	as long as short
Gate TRUMP_USDT	−0.0094%	4h	2.1460	+0.047%	$7.7M	$53.1M	75x	as long as short
edgeX TRUMPUSDC	−0.0082%	4h	2.1407	−0.198%	$104K	$255K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TRUMP_USDC-PERPETUAL	−0.0076%	1h	2.1453	+0.014%	$404K	$81K	10x	as long as short
Bybit TRUMPUSDT	−0.0073%	4h	2.1460	+0.047%	$30.5M	$52.7M	50x	as long as short
Orderly PERP_TRUMP_USDC	−0.0050%	4h	2.1430	−0.093%	$5K	$262K	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0049%	8h	2.1412	−0.177%	$5K	$175	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1466	+0.073%	$27K	$501	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1444	−0.026%	$40K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0040%	1h	2.1443	−0.032%	$19K	—	3x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0056%	1h	2.1360	−0.420%	$172K	$455K	50x	as long as short
KuCoin TRUMPUSDTMshort	+0.0060%	4h	2.1450	0.000%	$4.1M	$10.9M	50x
BloFin TRUMP-USDT	+0.0078%	4h	2.1410	−0.186%	$4.1M	$700K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1484	+0.159%	$13.6M	$8.1M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1480	+0.142%	$403K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1432	−0.084%	$184K	$54K	10x	as long as short
MEXC TRUMP_USDClong	+0.0100%	4h	2.1450	long leg	$399K	$146K	125x
Bitget TRUMPUSDT	+0.0100%	4h	2.1460	+0.047%	$15.3M	$27.0M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1432	−0.084%	$181K	$4.4M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1440	−0.047%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1450	0.000%	$482K	$2.5M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0098%	1h	2.1441	−0.043%	$9K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0263%	1h	2.1499	+0.228%	$384K	$423K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0598%	1h	2.1491	+0.191%	$1.3M	$2.3M	50x	as long as short