TRUMP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.2% APRnext payment +$0.60 per $10,000 · paid last 24h +0.002%

Price spread now: HTX against Binance+0.086%7-day average +0.099% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$490.491% of the position

Long on Binance Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.226%+$23 on $10k

Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.086%, 7d avg +0.099%

Together, before fees+0.156%+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.099%, so right now this pair is about funding alone: +$4 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	2.1531	−0.0020	get 0.0010% / 4h	9m 32s	$60.4M	$242.2M	75x
Short	HTX TRUMP-USDT	2.1550	0.0100	get 0.0050% / 4h	9m 32s	$503K	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.086%Rate

Funding earned: $25.3
Price spread: +0.086% → +0.099%: −$1.25
Slippage, 4 orders: −$27.06
Fee Binance: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$25.01
Costs to cover: 0.491%
Break-even: 13.9 days

Slippage from Binance: live order book, 4 min ago; HTX: live order book, 4 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, 4 min ago	2.32 bp	7.3 bp −$7	10.4 bp −$104	38.0 bp −$3,804	288.3 bp −$144.1K
Sell HTX live order book, 4 min ago	4.63 bp	13.8 bp −$14	39.2 bp −$392	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	−0.1690%	1h	2.1450	−0.378%	$13K	$157K	12x	as long as short
Reya TRUMPRUSDPERP	−0.0245%	1h	2.1531	0.000%	$5	—	10x	as long as short
SoDEX TRUMP-USD	−0.0102%	1h	2.1520	−0.053%	$94	$6K	5x	as long as short
Deribit TRUMP_USDC-PERPETUAL	−0.0075%	1h	2.1529	−0.011%	$405K	$72K	10x	as long as short
Gate TRUMP_USDT	−0.0038%	4h	2.1540	+0.040%	$7.6M	$51.1M	75x	as long as short
Extended TRUMP-USD	−0.0024%	1h	2.1524	−0.035%	$74K	$721K	25x	as long as short
Binance TRUMPUSDTlong	−0.0020%	4h	2.1531	long leg	$60.4M	$242.2M	75x
Variational Omni TRUMP	−0.0011%	4h	2.1571	+0.184%	$666K	$488K	—	as long as short
Lighter TRUMP	−0.0008%	1h	2.1522	−0.044%	$952K	$957K	10x	as long as short
edgeX TRUMPUSDC	−0.0008%	4h	2.1571	+0.184%	$105K	$263K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX TRUMP-USD	−0.0002%	1h	2.1536	+0.022%	$27K	$512	5x	as long as short
gTrade (Gains Network) TRUMP/USD	L +0.0008% / S −0.0007%	1h	2.1536	+0.022%	$41K	—	150x	as long as short
Paradex TRUMP-USD-PERP	+0.0036%	8h	2.1525	−0.031%	$5K	$175	5x	as long as short
Orderly PERP_TRUMP_USDC	+0.0043%	4h	2.1520	−0.053%	$4K	$200K	10x	as long as short
Aevo TRUMP-PERP	+0.0080%	1h	2.1515	−0.076%	$19K	—	3x	as long as short
Hyperliquid TRUMP	+0.0100%	1h	2.1551	+0.091%	$13.7M	$7.9M	10x	as long as short
Aster TRUMPUSDT	+0.0100%	4h	2.1542	+0.047%	$422K	$829K	20x	as long as short
Pacifica TRUMP	+0.0100%	1h	2.1542	+0.049%	$185K	$52K	10x	as long as short
Bybit TRUMPUSDT	+0.0100%	4h	2.1540	+0.040%	$30.5M	$49.6M	50x	as long as short
OKX TRUMP-USDT-SWAP	+0.0100%	4h	2.1530	−0.007%	$27.3M	$173.4M	50x	as long as short
MEXC TRUMP_USDC	+0.0100%	4h	2.1530	−0.007%	$405K	$151K	125x	as long as short
KuCoin TRUMPUSDTM	+0.0100%	4h	2.1550	+0.086%	$4.3M	$11.1M	50x	as long as short
Bitget TRUMPUSDT	+0.0100%	4h	2.1540	+0.040%	$15.5M	$25.6M	75x	as long as short
Backpack TRUMP_USDC_PERP	+0.0100%	1h	2.1556	+0.114%	$343K	$365K	10x	as long as short
GRVT TRUMP_USDT_Perp	+0.0100%	4h	2.1540	+0.040%	$184K	$4.6M	10x	as long as short
SunX TRUMP-USDT	+0.0100%	4h	2.1550	+0.086%	$2K	$1.6M	50x	as long as short
HTX TRUMP-USDTshort	+0.0100%	4h	2.1550	+0.086%	$503K	$2.2M	50x
GMX TRUMP/USD [ETH-USDC]	L +0.0216% / S −0.0188%	1h	2.1530	−0.007%	$10K	—	100x	as long as short
Kraken Futures PF_TRUMPUSD	+0.0220%	1h	2.1549	+0.082%	$1.3M	$2.2M	50x	as long as short
BloFin TRUMP-USDT	+0.0222%	4h	2.1550	+0.086%	$4.1M	$683K	75x	as long as short
Coinbase International TRUMP-PERP-INTX	+0.0472%	1h	2.1580	+0.226%	$279K	$276K	50x	as long as short