TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Extended against Pacifica−0.131%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$520.519% of the position

Long on Pacifica Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.223%−$22 on $10k

Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.131%, 7d avg −0.062%

Together, before fees−0.168%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$17 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.069% cheaper against Pacifica than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica TRUMP	2.2200	0.0100	pay 0.0013% / 1h	50m 43s	$191K	$59K	10x
Short	Extended TRUMP-USD	2.2171	0.0104	get 0.0013% / 1h	50m 43s	$76K	$471K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Pacifica. 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 PacificabpFee ExtendedbpOrdersPrice spread, now −0.131%Rate

Funding earned: $0.84
Price spread: −0.131% → −0.062%: −$6.91
Slippage, 4 orders: −$38.94
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$58.02
Costs to cover: 0.519%
Break-even: 490.5 days

Slippage from Pacifica: live order book, 27 min ago; Extended: live order book, 27 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 Pacifica live order book, 27 min ago	4.57 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 27 min ago	6.87 bp	9.8 bp −$10	29.9 bp −$299	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	−0.1537%	1h	2.2010	−0.856%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.2157	−0.193%	$5	—	10x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.2197	−0.013%	$28K	$485	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.2177	−0.103%	$416K	$76K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.2170	−0.135%	$42K	—	150x	as long as short
edgeX TRUMPUSDC	+0.0050%	4h	2.2074	−0.569%	$120K	$248K	20x	as long as short
Orderly PERP_TRUMP_USDC	+0.0087%	4h	2.2170	−0.135%	$3K	$249K	10x	as long as short
Paradex TRUMP-USD-PERP	+0.0095%	8h	2.2207	+0.031%	$5K	—	5x	as long as short
Lighter TRUMP	+0.0096%	1h	2.2191	−0.040%	$995K	$727K	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.2210	+0.045%	$463K	$835K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica TRUMPlong	+0.0100%	1h	2.2200	long leg	$191K	$59K	10x
Binance TRUMPUSDT	+0.0100%	4h	2.2196	−0.018%	$63.6M	$222.3M	75x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.2190	−0.045%	$31.2M	$43.9M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.2180	−0.090%	$27.4M	$153.2M	50x	as long as short
Gate TRUMP_USDT	+0.0100%	4h	2.2180	−0.090%	$7.5M	$47.6M	75x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.2180	−0.090%	$486K	$132K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.2210	+0.045%	$4.8M	$10.4M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.2190	−0.045%	$15.8M	$21.2M	75x	as long as short
Variational Omni TRUMP	+0.0100%	4h	2.2022	−0.802%	$690K	$279K	—	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.2130	−0.313%	$194K	$4.5M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.2200	0.000%	$2K	$1.6M	50x	as long as short
SoDEX TRUMP-USD	+0.0100%	1h	2.2170	−0.135%	$73	$6K	5x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.2200	0.000%	$528K	$1.8M	50x	as long as short
Extended TRUMP-USDshort	+0.0104%	1h	2.2171	−0.131%	$76K	$471K	25x
Aevo TRUMP-PERP	+0.0104%	1h	2.2160	−0.180%	$19K	—	3x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.2165	−0.156%	$10K	—	100x	as long as short
BloFin TRUMP-USDT	+0.0340%	4h	2.2180	−0.090%	$4.2M	$634K	75x	as long as short
Hyperliquid TRUMP	+0.0341%	1h	2.2219	+0.085%	$14.3M	$7.4M	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0424%	1h	2.2010	−0.856%	$284K	$401K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0649%	1h	2.2199	−0.004%	$262K	$275K	10x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0861%	1h	2.2197	−0.015%	$1.3M	$2.5M	50x	as long as short