TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.25 per $10,000 · paid last 24h −0.016%

Price spread now: edgeX against OKX+0.314%101s7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as 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−$510.507% of the position

Long on OKX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.110%−$11 on $10k

Price spread, last 4 days (all we have)+0.183%+$18 · spread now +0.314%, 7d avg +0.015%

Together, before fees+0.073%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.299% dearer against OKX than usual: you sell high and buy low (spread +0.314% now, against its 7-day average of +0.015%): +$30 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 20 days. The two prices were read 101 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	OKX TRUMP-USDT-SWAP	2.2150	0.0100	pay 0.0050% / 4h	2h 41m	$28.9M	$169.4M	50x
Short	edgeX TRUMPUSDC	2.2219	0.0050	get 0.0025% / 4h	2h 41m	$108K	$263K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.314%Rate

Funding earned: −$10.5
Price spread: +0.314% → +0.015%: $29.89
Slippage, 4 orders: −$31.7
Fee OKX: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$31.31
Costs to cover: 0.507%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; edgeX: live order book, 26 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	2.24 bp	10.7 bp −$11	15.0 bp −$150	54.6 bp −$5,458	doesn't fit
Sell edgeX live order book, 26 min ago	8.92 bp	16.8 bp −$17	43.1 bp −$431	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	−0.1623%	1h	2.2170	+0.090%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2192	+0.188%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2132	−0.079%	$28K	$512	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2171	+0.095%	$417K	$80K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2173	+0.104%	$43K	—	150x	as long as short
edgeX TRUMPUSDCshort	+0.0050%	4h	2.2219	+0.314%	$108K	$263K	20x
Lighter TRUMP	+0.0072%	1h	2.2159	+0.041%	$984K	$788K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0078%	8h	2.2140	−0.047%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0087%	4h	2.2160	+0.045%	$3K	$237K	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.2206	+0.252%	$14.9M	$6.9M	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	2.2200	+0.225%	$439K	$860K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.2149	−0.006%	$191K	$57K	10x	as long as short
Binance TRUMPUSDT	+0.0100%	4h	2.2160	+0.045%	$64.3M	$234.9M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2160	+0.045%	$31.7M	$47.9M	50x	as long as short
OKX TRUMP-USDT-SWAPlong	+0.0100%	4h	2.2150	long leg	$28.9M	$169.4M	50x
Gate TRUMP_USDT	+0.0100%	4h	2.2180	+0.135%	$7.9M	$48.5M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2180	+0.135%	$442K	$144K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2190	+0.181%	$4.1M	$11.0M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2160	+0.045%	$15.8M	$23.9M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2152	+0.007%	$699K	$448K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2190	+0.181%	$192K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2180	+0.135%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2165	+0.068%	$80	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2230	+0.361%	$577K	$1.9M	50x	as long as short
Extended TRUMP-USD	+0.0104%	1h	2.2170	+0.088%	$76K	$601K	25x	as long as short
Aevo TRUMP-PERP	+0.0104%	1h	2.2160	+0.045%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0217% / S −0.0188%	1h	2.2166	+0.073%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0328%	1h	2.2213	+0.284%	$260K	$319K	10x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2230	+0.361%	$4.4M	$697K	75x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0509%	1h	2.2190	+0.181%	$1.3M	$2.3M	50x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0536%	1h	2.2100	−0.226%	$286K	$307K	50x	as long as short