TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against OKX+0.047%7-day average +0.011% · 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−$33as in the Price arb table

costs, in and out, $10k−$360.360% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days−0.021%−$2 · spread now +0.047%, 7d avg +0.011%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.035% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX TRUMP-USDT-SWAP	2.1470	0.0052	pay 0.0026% / 4h	3h 02m	$27.5M	$178.6M	50x
Short	Bitget TRUMPUSDT	2.1480	0.0100	get 0.0050% / 4h	3h 02m	$15.6M	$26.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now +0.047%Rate

Funding earned: $10.01
Price spread: +0.047% → +0.011%: $3.52
Slippage, 4 orders: −$14.03
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$22.51
Costs to cover: 0.360%
Break-even: 22.7 days

Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 1 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 OKX live order book, 2 min ago	2.32 bp	7.3 bp −$7	9.7 bp −$97	41.5 bp −$4,151	doesn't fit
Sell Bitget live order book, 1 min ago	2.32 bp	8.8 bp −$9	15.2 bp −$152	44.6 bp −$4,457	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	−0.1765%	1h	2.1520	+0.233%	$13K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0383%	1h	2.1505	+0.163%	$86	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0354%	1h	2.1518	+0.224%	$405K	$72K	10x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1482	+0.054%	$5	—	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0233%	8h	2.1499	+0.134%	$5K	$175	5x	as long as short
Bybit TRUMPUSDT	−0.0224%	4h	2.1490	+0.093%	$30.6M	$50.8M	50x	as long as short
Gate TRUMP_USDT	−0.0172%	4h	2.1500	+0.140%	$7.8M	$52.6M	75x	as long as short
Binance TRUMPUSDT	−0.0168%	4h	2.1480	+0.047%	$60.8M	$246.5M	75x	as long as short
Extended TRUMP-USD	−0.0160%	1h	2.1474	+0.021%	$76K	$718K	25x	as long as short
Lighter TRUMP	−0.0088%	1h	2.1499	+0.135%	$950K	$998K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX TRUMPUSDC	−0.0078%	4h	2.1604	+0.626%	$105K	$264K	20x	as long as short
Variational Omni TRUMP	−0.0058%	4h	2.1621	+0.704%	$668K	$437K	—	as long as short
dYdX TRUMP-USD	−0.0006%	1h	2.1516	+0.214%	$27K	$512	5x	as long as short
Orderly PERP_TRUMP_USDC	−0.0005%	4h	2.1520	+0.233%	$5K	$200K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0002%	4h	2.1600	+0.608%	$180K	$4.7M	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1499	+0.135%	$41K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0040%	1h	2.1496	+0.122%	$19K	—	3x	as long as short
OKX TRUMP-USDT-SWAPlong	+0.0052%	4h	2.1470	long leg	$27.5M	$178.6M	50x
BloFin TRUMP-USDT	+0.0078%	4h	2.1520	+0.233%	$4.2M	$647K	75x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1499	+0.135%	$13.6M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1508	+0.179%	$405K	$827K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1506	+0.168%	$185K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1480	+0.047%	$400K	$152K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1510	+0.186%	$4.2M	$11.2M	50x	as long as short
Bitget TRUMPUSDTshort	+0.0100%	4h	2.1480	+0.047%	$15.6M	$26.3M	75x
SunX TRUMP-USDT	+0.0100%	4h	2.1540	+0.326%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1520	+0.233%	$490K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1499	+0.136%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0174%	1h	2.1540	+0.328%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0203%	1h	2.1543	+0.340%	$381K	$403K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0400%	1h	2.1540	+0.326%	$293K	$303K	50x	as long as short