TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0214%/8h= −23.4% APRnext payment −$1.07 per $10,000 · paid last 24h −0.027%

Price spread now: edgeX against SunX−0.114%7-day average −0.108% · you buy dearer than you sell

Net, funding: paid 7d − costs−$207as in the Funding arb table

Net, price: spread back to 7d avg − costs−$185as in the Price arb table

costs, in and out, $10k−$1841.844% of the position

Long on SunX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.224%−$22 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.114%, 7d avg −0.108%

Together, before fees−0.217%+ Points / potential airdropedgeX: Active · farm board−$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.108%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX TRUMP-USDT	2.1770	0.0100	pay 0.0050% / 4h	3h 00m	$2K	$1.5M	50x
Short	edgeX TRUMPUSDC	2.1745	−0.0114	pay 0.0057% / 4h	3h 00m	$106K	$254K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.114%Rate

Funding earned: −$44.97
Price spread: −0.114% → −0.108%: −$0.63
Slippage, 4 orders: −$167.42
Fee SunX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$230.02
Costs to cover: 1.844%
Break-even: never at this rate

Slippage from SunX: live order book, 4 min ago; edgeX: live order book, 32 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	32.11 bp	62.2 bp −$62	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 32 min ago	7.01 bp	14.7 bp −$15	40.5 bp −$405	doesn't fit	doesn't fit

TRUMP on 32 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	−0.1829%	1h	2.1600	−0.781%	$13K	$157K	12x	as long as short
Bybit TRUMPUSDT	−0.0364%	4h	2.1740	−0.138%	$31.3M	$50.6M	50x	as long as short
SoDEX TRUMP-USD	−0.0337%	1h	2.1748	−0.101%	$71	$6K	5x	as long as short
Variational Omni TRUMP	−0.0335%	4h	2.1731	−0.179%	$675K	$419K	—	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0301%	1h	2.1760	−0.046%	$391K	$73K	10x	as long as short
OKX TRUMP-USDT-SWAP	−0.0245%	4h	2.1740	−0.138%	$27.5M	$181.5M	50x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1741	−0.133%	$5	—	10x	as long as short
Binance TRUMPUSDT	−0.0236%	4h	2.1734	−0.167%	$63.6M	$244.9M	75x	as long as short
Extended TRUMP-USD	−0.0232%	1h	2.1729	−0.188%	$77K	$492K	25x	as long as short
Lighter TRUMP	−0.0224%	1h	2.1735	−0.161%	$946K	$999K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0136%	8h	2.1776	+0.029%	$5K	$175	5x	as long as short
Coinbase International TRUMP-PERP-INTX	−0.0136%	1h	2.1720	−0.230%	$142K	$514K	50x	as long as short
edgeX TRUMPUSDCshort	−0.0114%	4h	2.1745	−0.114%	$106K	$254K	20x
Orderly PERP_TRUMP_USDC	−0.0082%	4h	2.1750	−0.092%	$5K	$315K	10x	as long as short
Gate TRUMP_USDT	−0.0058%	4h	2.1750	−0.092%	$7.8M	$50.9M	75x	as long as short
KuCoin TRUMPUSDTM	−0.0052%	4h	2.1740	−0.138%	$4.2M	$10.5M	50x	as long as short
dYdX TRUMP-USD	−0.0015%	1h	2.1786	+0.075%	$26K	$1K	5x	as long as short
Bitget TRUMPUSDT	+0.0004%	4h	2.1750	−0.092%	$15.4M	$26.1M	75x	as long as short
BloFin TRUMP-USDT	+0.0004%	4h	2.1750	−0.092%	$4.3M	$694K	75x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1778	+0.035%	$41K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0024%	1h	2.1740	−0.138%	$19K	—	3x	as long as short
MEXC TRUMP_USDC	+0.0058%	4h	2.1740	−0.138%	$404K	$151K	125x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1762	−0.037%	$13.8M	$8.0M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1760	−0.046%	$413K	$651K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1785	+0.069%	$187K	$54K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1752	−0.082%	$177K	$4.1M	10x	as long as short
SunX TRUMP-USDTlong	+0.0100%	4h	2.1770	long leg	$2K	$1.5M	50x
HTX TRUMP-USDT	+0.0100%	4h	2.1770	0.000%	$503K	$2.5M	50x	as long as short
Phemex TRUMPUSDT	+0.0100%	4h	2.1740	−0.138%	$3K	$24K	50x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0119%	1h	2.1786	+0.074%	$1.3M	$2.2M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0170% / S −0.0143%	1h	2.1769	−0.005%	$10K	—	100x	as long as short
Backpack TRUMP_USDC_PERP	+0.0383%	1h	2.1768	−0.009%	$388K	$411K	10x	as long as short