TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h +0.060%

Price spread now: BloFin against SunX−0.046%7-day average −0.100% · you buy dearer than you sell

Net, funding: paid 7d − costs−$162as in the Funding arb table

Net, price: spread back to 7d avg − costs−$176as in the Price arb table

costs, in and out, $10k−$1821.816% of the position

Long on SunX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.192%+$19 on $10k

Price spread, last 4 days (all we have)−0.080%−$8 · spread now −0.046%, 7d avg −0.100%

Together, before fees+0.112%+$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.053% dearer against SunX than usual: you sell high and buy low (spread −0.046% now, against its 7-day average of −0.100%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.192%, 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	SunX TRUMP-USDT	2.1530	0.0100	pay 0.0050% / 4h	2h 50m	$2K	$1.6M	50x
Short	BloFin TRUMP-USDT	2.1520	0.0042	get 0.0021% / 4h	2h 50m	$4.2M	$648K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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 SunXbpFee BloFinbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$12.22
Price spread: −0.046% → −0.100%: $5.32
Slippage, 4 orders: −$161.55
Fee SunX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$188.45
Costs to cover: 1.816%
Break-even: never at this rate

Slippage from SunX: live order book, 4 min ago; BloFin: live order book, 3 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 SunX live order book, 4 min ago	32.48 bp	62.8 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	4.64 bp	14.7 bp −$15	23.3 bp −$233	47.8 bp −$4,780	116.4 bp −$58.2K

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	−0.1827%	1h	2.1420	−0.511%	$12K	$157K	12x	as long as short
SoDEX TRUMP-USD	−0.0489%	1h	2.1535	+0.023%	$85	$6K	5x	as long as short
Lighter TRUMP	−0.0368%	1h	2.1529	−0.005%	$952K	$994K	10x	as long as short
Bybit TRUMPUSDT	−0.0308%	4h	2.1520	−0.046%	$30.6M	$51.0M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1527	−0.016%	$5	—	10x	as long as short
Paradex TRUMP-USD-PERP	−0.0235%	8h	2.1494	−0.167%	$5K	$175	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0214%	1h	2.1550	+0.093%	$406K	$72K	10x	as long as short
Gate TRUMP_USDT	−0.0210%	4h	2.1530	0.000%	$7.7M	$52.2M	75x	as long as short
Extended TRUMP-USD	−0.0200%	1h	2.1519	−0.051%	$74K	$718K	25x	as long as short
Binance TRUMPUSDT	−0.0198%	4h	2.1520	−0.046%	$60.7M	$246.7M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni TRUMP	−0.0123%	4h	2.1531	+0.006%	$665K	$437K	—	as long as short
edgeX TRUMPUSDC	−0.0095%	4h	2.1505	−0.118%	$105K	$264K	20x	as long as short
dYdX TRUMP-USD	−0.0041%	1h	2.1546	+0.075%	$27K	$506	5x	as long as short
GRVT TRUMP_USDT_Perp	−0.0024%	4h	2.1536	+0.029%	$180K	$4.7M	10x	as long as short
Orderly PERP_TRUMP_USDC	−0.0019%	4h	2.1530	0.000%	$5K	$208K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1544	+0.065%	$41K	—	150x	as long as short
OKX TRUMP-USDT-SWAP	+0.0012%	4h	2.1520	−0.046%	$27.3M	$179.3M	50x	as long as short
Aevo TRUMP-PERP	+0.0032%	1h	2.1520	−0.047%	$19K	—	3x	as long as short
BloFin TRUMP-USDTshort	+0.0042%	4h	2.1520	−0.046%	$4.2M	$648K	75x
Hyperliquid TRUMP	+0.0100%	1h	2.1539	+0.042%	$13.6M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1546	+0.076%	$405K	$801K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1517	−0.060%	$185K	$52K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1520	−0.046%	$400K	$147K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1550	+0.093%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1540	+0.046%	$15.5M	$26.3M	75x	as long as short
SunX TRUMP-USDTlong	+0.0100%	4h	2.1530	long leg	$2K	$1.6M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1530	0.000%	$490K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0171% / S −0.0141%	1h	2.1549	+0.087%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0197%	1h	2.1565	+0.164%	$1.3M	$2.3M	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0377%	1h	2.1560	+0.139%	$382K	$404K	10x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0392%	1h	2.1600	+0.325%	$286K	$305K	50x	as long as short