TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0151%/8h= +16.5% APRnext payment +$0.75 per $10,000 · paid last 24h +0.008%

Price spread now: Bybit against Binance−0.028%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$330.326% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.075%+$8 on $10k

Price spread, last 7 days+0.028%+$3 · spread now −0.028%, 7d avg −0.012%

Together, before fees+0.103%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TRUMPUSDT	2.1486	−0.0170	get 0.0085% / 4h	1h 16m	$60.7M	$251.4M	75x
Short	Bybit TRUMPUSDT	2.1480	−0.0020	pay 0.0010% / 4h	1h 16m	$30.5M	$52.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.028%Rate

Funding earned: $31.67
Price spread: −0.028% → −0.012%: −$1.64
Slippage, 4 orders: −$11.57
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$2.54
Costs to cover: 0.326%
Break-even: 7.6 days

Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 2 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 Binance live order book, 12 min ago	2.34 bp	7.3 bp −$7	13.3 bp −$133	33.4 bp −$3,337	262.7 bp −$131.4K
Sell Bybit live order book, 2 min ago	2.33 bp	7.8 bp −$8	15.2 bp −$152	84.6 bp −$8,457	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	−0.1927%	1h	2.1380	−0.494%	$12K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1477	−0.044%	$5	—	10x	as long as short
Binance TRUMPUSDTlong	−0.0170%	4h	2.1486	long leg	$60.7M	$251.4M	75x
Extended TRUMP-USD	−0.0168%	1h	2.1479	−0.033%	$74K	$521K	25x	as long as short
Variational Omni TRUMP	−0.0140%	4h	2.1451	−0.162%	$661K	$424K	—	as long as short
Kraken Futures PF_TRUMPUSD	−0.0098%	1h	2.1510	+0.112%	$1.3M	$2.3M	50x	as long as short
OKX TRUMP-USDT-SWAP	−0.0091%	4h	2.1490	+0.018%	$26.6M	$185.4M	50x	as long as short
edgeX TRUMPUSDC	−0.0089%	4h	2.1485	−0.006%	$105K	$265K	20x	as long as short
Orderly PERP_TRUMP_USDC	−0.0056%	4h	2.1470	−0.075%	$5K	$249K	10x	as long as short
Gate TRUMP_USDT	−0.0042%	4h	2.1490	+0.018%	$7.7M	$53.8M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex TRUMP-USD-PERP	−0.0029%	8h	2.1477	−0.040%	$5K	$175	5x	as long as short
Bybit TRUMPUSDTshort	−0.0020%	4h	2.1480	−0.028%	$30.5M	$52.5M	50x
SoDEX TRUMP-USD	−0.0007%	1h	2.1484	−0.010%	$82	$6K	5x	as long as short
dYdX TRUMP-USD	0.0000%	1h	2.1492	+0.026%	$27K	$501	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	0.0000%	1h	2.1488	+0.009%	$405K	$81K	10x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1495	+0.040%	$41K	—	150x	as long as short
Aevo TRUMP-PERP	+0.0040%	1h	2.1468	−0.083%	$19K	—	3x	as long as short
BloFin TRUMP-USDT	+0.0070%	4h	2.1490	+0.018%	$4.1M	$703K	75x	as long as short
Lighter TRUMP	+0.0096%	1h	2.1478	−0.038%	$939K	$1.0M	10x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1505	+0.088%	$13.6M	$8.2M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1499	+0.062%	$404K	$778K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1493	+0.032%	$185K	$54K	10x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1490	+0.018%	$400K	$150K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1490	+0.018%	$4.2M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1490	+0.018%	$15.3M	$27.1M	75x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1480	−0.029%	$176K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1500	+0.065%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDT	+0.0100%	4h	2.1500	+0.065%	$483K	$2.4M	50x	as long as short
GMX TRUMP/USD [ETH-USDC]	L +0.0137% / S −0.0099%	1h	2.1490	+0.019%	$9K	—	100x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0192%	1h	2.1490	+0.018%	$187K	$445K	50x	as long as short
Backpack TRUMP_USDC_PERP	+0.0424%	1h	2.1518	+0.149%	$381K	$418K	10x	as long as short